Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. The company also provides automotive finance services, such as new and used vehicle inventory financing; inventory insurance; term loans, including real estate and working capital loans; and vehicle remarketing services, as well as vehicle service contracts (VCSs) and guaranteed automobile protection (GAP) products. In addition, it offers retail automotive financing for new and used vehicles, and leasing for new vehicles; consumer finance protection and insurance products, such as VSCs, maintenance coverage, and GAP products; commercial insurance products; and senior secured commercial-lending products. Further, the company, through its subsidiary, Ally Bank provides savings and money market accounts, certificates of deposit, interest-bearing checking accounts, trust accounts, individual retirement accounts; online and mobile banking, electronic bill pay, remote deposit, electronic funds transfer, and ATM fee reimbursements services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.