---
title: Ally Bank's CDs still make the grade
description: The parent company of Ally Bank -- whose CDs Money has recommended for their relatively high yields -- was the only bank to fail the…
authors:
  - name: timestaff
    url: https://money.com/author/timestaff/
    articles: 459
    covers:
      - Banking
      - Career Advice
      - Credit
      - Credit Cards
      - Housing
      - Identity Theft
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Mortgages
      - Personal Finance
      - Professional Services
      - Retirement
      - Shopping
      - Taxes
    former_staff: true
published: '2013-05-07T00:07:58.000Z'
modified: '2020-07-07T10:26:19.000Z'
section: Banking
word_count: 135
canonical: https://money.com/ally-banks-cds-still-make-the-grade/
type: Article
source: structured-blocks
---

> **Disclosure:** We may earn a fee if you click on the links below. Compensation does not determine ranking. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Take Care of Them, and They'll Take Care of You](https://img.money.com/2012/01/508765032.jpg)
*A B-17 Flying Fortress tail gunner cleans machine guns he recently used to down a German plane in a bombing raid over Europe in 1942.*

The parent company of Ally Bank -- whose CDs Money has recommended for their relatively high yields -- was the only bank to fail the Federal Reserve's latest stress test, designed to measure how the nation's 18 largest banks would fare in another extreme economic downturn.

The Fed projected that Ally Financial would come out short of the capital needed to absorb losses and continue operating. (Ally disagrees with the Fed's analysis.)

The "F" is no reason to yank any Ally CDs, says Colorado Springs financial planner Allan Roth. Just stay under the FDIC-insured limit ($250,000 per person, per bank). In early May, Ally had a 1.54% annual yield on a five-year CD with a low penalty for early withdrawal.

The worst-case scenario: You get back principal and interest but cease earning Ally's high rate.

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/ally-banks-cds-still-make-the-grade/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Banking",
          "item": "https://money.com/banking/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Certificates of Deposit",
          "item": "https://money.com/certificates-of-deposit/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "Ally Bank's CDs still make the grade"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/ally-banks-cds-still-make-the-grade/#webpage",
      "url": "https://money.com/ally-banks-cds-still-make-the-grade/",
      "name": "Ally Bank's CDs still make the grade",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2013-05-07T00:07:58.000Z",
      "mainEntity": {
        "@id": "https://money.com/ally-banks-cds-still-make-the-grade/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/ally-banks-cds-still-make-the-grade/#breadcrumb"
      },
      "dateModified": "2020-07-07T10:26:19.000Z"
    },
    {
      "@type": "Article",
      "headline": "Ally Bank's CDs still make the grade",
      "articleSection": "Banking",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2012/01/508765032.jpg",
          "width": 1507,
          "height": 2048,
          "caption": "Take Care of Them, and They'll Take Care of You"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "timestaff",
          "url": "https://money.com/author/timestaff/",
          "@id": "https://money.com/author/timestaff/#author"
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2013-05-07T00:07:58.000Z",
      "description": "The parent company of Ally Bank -- whose CDs Money has recommended for their relatively high yields -- was the only bank to fail the…",
      "abstract": "The parent company of Ally Bank -- whose CDs Money has recommended for their relatively high yields -- was the only bank to fail the…",
      "@id": "https://money.com/ally-banks-cds-still-make-the-grade/",
      "inLanguage": "en-US",
      "dateModified": "2020-07-07T10:26:19.000Z",
      "wordCount": 135,
      "about": [
        {
          "@type": "Thing",
          "name": "Bank",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Bank"
          ]
        },
        {
          "@type": "Thing",
          "name": "Certificate of deposit",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Certificate_of_deposit"
          ]
        }
      ]
    }
  ]
}
```