Ally Bank 2015 Annual Report Download - page 40
Download and view the complete annual report
Please find page 40 of the 2015 Ally Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.5IFQSPWJTJPOGPSMPBOMPTTFTXBTNJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPNJMMJPOJO5IFJODSFBTF
JOQSPWJTJPOGPSMPBOMPTTFTJTUIFSFTVMUPGUIFHSPXUIJOPVSDPOTVNFSSFUBJMBVUPNPUJWFMPBOQPSUGPMJPBTPVSBVUPNPUJWFPSJHJOBUJPOTIBWF
TIJGUFEUPBOJODSFBTFJOMPBOTPGGTFUUJOHBTJHOJGJDBOUSFEVDUJPOJOMFBTFTXIJDIBSFOPUJODMVEFEJOUIFBMMPXBODFBOEUIFDPOUJOVFEFYFDVUJPO
PGPVSVOEFSXSJUJOHTUSBUFHZUPPSJHJOBUFBVUPNPUJWFMPBOTBDSPTTBCSPBESJTLTQFDUSVN$SFEJUQFSGPSNBODFIBTCFFOJOMJOFXJUIFYQFDUBUJPOT
GPSUIFQPSUGPMJP"MTPDPOUSJCVUJOHUPUIFJODSFBTFJOUIFQSPWJTJPOXBTHSPXUIJOPVSDPOTVNFSNPSUHBHFMPBOQPSUGPMJPBTBSFTVMUPGCVML
NPSUHBHFQVSDIBTFTEVSJOHBTXFMMBTMPXFSSFTFSWFSFMFBTFTPONPSUHBHFBTTFUTDPNQBSFEUP5IFJODSFBTFXBTQBSUJBMMZPGGTFUCZ
UIFDPOUJOVFETUSPOHQFSGPSNBODFPGPVSDPNNFSDJBMMPBOQPSUGPMJP
5PUBMOPOJOUFSFTUFYQFOTFEFDSFBTFEGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUP5IFEFDSFBTFXBTQSJNBSJMZEVFUP
CPUIMPXFSXIPMFTBMFXFBUIFSSFMBUFEMPTTFTBOEMPXFSMPTTFYQFSJFODFPG74$QSPEVDUTBUPVS*OTVSBODFPQFSBUJPOTBTXFMMBTWBSJPVT
DPOUJOVFEFYQFOTFSFEVDUJPOBDUJPOTBDSPTTWBSJPVTMJOFTPGCVTJOFTT
8FSFDPHOJ[FEDPOTPMJEBUFEJODPNFUBYFYQFOTFGSPNDPOUJOVJOHPQFSBUJPOTPGNJMMJPOGPSUIFZFBSFOEFE%FDFNCFS
DPNQBSFEUPNJMMJPOJO5IFJODSFBTFJOJODPNFUBYFYQFOTFGPSUIFZFBSFOEFE%FDFNCFSXBTQSJNBSJMZESJWFOCZUBY
FYQFOTFBUUSJCVUBCMFUPIJHIFSQSFUBYFBSOJOHTGPSUIFZFBSBOPOSFDVSSJOHUBYCFOFGJUJOSFMBUFEUPUIFSFEVDUJPOJOUIFMJBCJMJUZGPS
VOSFDPHOJ[FEUBYCFOFGJUTBTBSFTVMUPGUIFDPNQMFUJPOPGUIF64GFEFSBMBVEJUSFMBUFEUPPVSUISPVHIUBYZFBSTBOEBOPOSFDVSSJOH
UBYCFOFGJUJOGPSUIFSFJOTUBUFNFOUPGUIFBDUJWFGJOBODJOHFYDFQUJPOJODMVEFEJOUIF5BY*ODSFBTF1SFWFOUJPO"DUPG
$PNQBSFEUP
8FFBSOFEOFUJODPNFGSPNDPOUJOVJOHPQFSBUJPOTPGNJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPNJMMJPOGPS
UIFZFBSFOEFE%FDFNCFS/FUJODPNFGSPNDPOUJOVJOHPQFSBUJPOTGPSUIFZFBSFOEFE%FDFNCFSXBTGBWPSBCMZJNQBDUFE
CZBOJODSFBTFJOPQFSBUJOHMFBTFSFWFOVFGPSPVS"VUPNPUJWF'JOBODFPQFSBUJPOTSFTVMUJOHGSPNJODSFBTFTJOMFBTFSFNBSLFUJOHHBJOTMPXFS
GVOEJOHDPTUTSFTVMUJOHGSPNUIFNBUVSJUZBOESFQBZNFOUPGIJHIFSDPTUEFCUBOEMPXFS0*%BNPSUJ[BUJPOFYQFOTFSFMBUFEUPCPOENBUVSJUJFT
BOEOPSNBMNPOUIMZBNPSUJ[BUJPO"EEJUJPOBMGBWPSBCJMJUZXBTEVFUPPVS.PSUHBHFPQFSBUJPOTBTSFTVMUTJOXFSFVOGBWPSBCMZJNQBDUFE
CZUIFWBMVBUJPOPGPVS.43TQPSUGPMJPXIJDIXBTTPMEEVSJOHUIFTFDPOERVBSUFSPG5IFTFJUFNTXFSFQBSUJBMMZPGGTFUCZIJHIFSJODPNF
UBYFYQFOTFQSJNBSJMZBUUSJCVUBCMFUPIJHIFSQSFUBYFBSOJOHTBOEIJHIFSEFQSFDJBUJPOFYQFOTFSFMBUFEUPIJHIFSMFBTFBTTFUCBMBODFTBTBSFTVMU
PGTUSPOHMFBTFPSJHJOBUJPOWPMVNF
5PUBMGJOBODJOHSFWFOVFBOEPUIFSJOUFSFTUJODPNFJODSFBTFENJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUP5IF
JODSFBTFSFTVMUFEQSJNBSJMZGSPNBOJODSFBTFJOPQFSBUJOHMFBTFSFWFOVFGPSPVS"VUPNPUJWF'JOBODFPQFSBUJPOTXIJDIXBTESJWFOQSJNBSJMZCZ
IJHIFSMFBTFBTTFUCBMBODFTSFTVMUJOHGSPNTUSPOHPSJHJOBUJPOWPMVNFBOEIJHIFSMFBTFSFNBSLFUJOHHBJOTEVFUPJODSFBTFEUFSNJOBUJPOWPMVNFT
5IFTFJODSFBTFTXFSFQBSUJBMMZPGGTFUCZMPXFSNPSUHBHFMPBOCBMBODFTBTBSFTVMUPGUIFXJOEEPXOPGPVSDPOTVNFSIFMEGPSTBMFQPSUGPMJP
BOESVOPGGPGPVSIFMEGPSJOWFTUNFOUQPSUGPMJP
*OUFSFTUFYQFOTFEFDSFBTFEGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPQSJNBSJMZEVFUPMPXFSGVOEJOHDPTUTBTB
SFTVMUPGDPOUJOVFEEFQPTJUHSPXUIUIFSFQBZNFOUPGIJHIFSDPTUMFHBDZEFCUBOEBEFDSFBTFJO0*%BNPSUJ[BUJPOFYQFOTF
%FQSFDJBUJPOFYQFOTFPOPQFSBUJOHMFBTFBTTFUTJODSFBTFEGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPQSJNBSJMZEVF
UPIJHIFSMFBTFBTTFUCBMBODFTSFTVMUJOHGSPNTUSPOHMFBTFPSJHJOBUJPOWPMVNFQBSUJBMMZPGGTFUCZIJHIFSMFBTFSFNBSLFUJOHHBJOTEVFUP
JODSFBTFEUFSNJOBUJPOWPMVNFT
8FFBSOFEOFUTFSWJDJOHJODPNFPGNJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPBOFUTFSWJDJOHMPTTPGNJMMJPOJO
5IFJODSFBTFXBTQSJNBSJMZEVFUPUIFDPNQMFUFETBMFTPGPVSBHFODZ.43TQPSUGPMJPJOUIFTFDPOERVBSUFSPGQBSUJBMMZPGGTFUCZ
MPXFSMFWFMTPGPGGCBMBODFTIFFUBVUPNPUJWFSFUBJMTFSWJDFEBTTFUT
(BJOPONPSUHBHFBOEBVUPNPUJWFMPBOTEFDSFBTFEGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUP5IFEFDSFBTFXBT
QSJNBSJMZSFMBUFEUPPVSEFDJTJPOUPDFBTFNPSUHBHFMFOEJOHQSPEVDUJPOUISPVHIPVSEJSFDUMFOEJOHDIBOOFMJOBOENBSHJOTBTTPDJBUFE
XJUIHPWFSONFOUTQPOTPSFESFGJOBODJOHQSPHSBNTQBSUJBMMZPGGTFUCZUIFDPNQMFUFETBMFPGBNJMMJPOTUVEFOUMFOEJOHQPSUGPMJPEVSJOHUIF
TFDPOERVBSUFSPG
-PTTPOFYUJOHVJTINFOUPGEFCUJODSFBTFENJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUP5IFJODSFBTFXBT
QSJNBSJMZEVFUPUIFDPNQMFUJPOPGBUFOEFSPGGFSUPCVZCBDLNJMMJPOPGPVSMPOHEBUFEIJHIDPVQPOEFCUJO0DUPCFS8FSFDPSEFE
BMPTTPGNJMMJPOPOFYUJOHVJTINFOUPGEFCUJOSFMBUFEUPUIJTUSBOTBDUJPO5IFJODSFBTFXBTQBSUJBMMZPGGTFUCZBEFDSFBTFJOUIF
BDDFMFSBUFESFDPHOJUJPOPGJTTVBODFFYQFOTFTSFMBUFEUPDBMMTPGSFEFFNBCMFEFCUEVSJOH
0UIFSJODPNFOFUPGMPTTFTEFDSFBTFEGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUP5IFEFDSFBTFXBTQSJNBSJMZEVFUP
MPXFSGFFJODPNFBOEOFUPSJHJOBUJPOSFWFOVFSFMBUFEUPPVSFYJUGSPNDPOTVNFSNPSUHBHFMFOEJOHQSPEVDUJPOBTTPDJBUFEXJUIHPWFSONFOU
TQPOTPSFESFGJOBODJOHQSPHSBNTBOEVOGBWPSBCMFEFSJWBUJWFBDUJWJUZBTBSFTVMUPGDIBOHFTJOSBUFTBOEUIFJSJNQBDUPOFDPOPNJDIFEHF
QPTJUJPOT5IFTFEFDSFBTFTXFSFQBSUJBMMZPGGTFUCZIJHIFSSFNBSLFUJOHGFFJODPNF
5IFQSPWJTJPOGPSMPBOMPTTFTXBTNJMMJPOGPSUIFZFBSFOEFE%FDFNCFSDPNQBSFEUPNJMMJPOJO5IFEFDSFBTF
XBTESJWFOCZMPXFSSFTFSWFSFRVJSFNFOUTJOPVS.PSUHBHFPQFSBUJPOTBTBSFTVMUPGUIFDPOUJOVFESVOPGGPGMFHBDZNPSUHBHFBTTFUTQBSUJBMMZ
PGGTFUCZUIFDPOUJOVFEFYFDVUJPOPGPVSVOEFSXSJUJOHTUSBUFHZUPPSJHJOBUFDPOTVNFSBVUPNPUJWFBTTFUTBDSPTTBCSPBESJTLTQFDUSVNBOE
HSPXUIJOPVSDPOTVNFSBVUPNPUJWFQPSUGPMJP
.BOBHFNFOUT%JTDVTTJPOBOE"OBMZTJT
"MMZ'JOBODJBM*ODd'PSN,