GMAC BANK

GMAC Bank is an online-only bank that is owned by Ally Financial Inc. The bank was founded in 1919 as the General Motors Acceptance Corporation (GMAC) and was originally a finance company that provided loans to General Motors dealers and customers. In 1998, GMAC began offering consumer banking products, and in 2000, the company changed its name to GMAC Bank.

GMAC Bank is a Member of the Federal Deposit Insurance Corporation (FDIC), a U.S. government agency that insures deposits up to $250,000. The bank’s website is www.gmacbank.com and its routing number is 067008905. GMAC Bank is classified as a non-depository bank and its headquarters is located in Detroit, Michigan.

GMAC Bank offers a variety of banking products and services, including savings accounts, checking accounts, certificates of deposit, and money market accounts. The bank also offers online banking, mobile banking, and bill pay services. GMAC Bank also has an extensive network of ATMs and branches throughout the United States.