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Subsequent Events
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Subsequent Events
Declaration of Quarterly Dividend Payment and Authorization of Stock Repurchase Program
On July 18, 2016, the Ally Board of Directors declared a quarterly dividend payment of $0.08 per share on all common stock. The dividend is payable on August 15, 2016, to shareholders of record at the close of business on August 1, 2016. Additionally, the Ally Board of Directors authorized a common stock repurchase program of up to $700 million beginning in the third quarter of 2016 and continuing through the second quarter of 2017.