Yearend serves as a time for giving back, and one lender is doing its part.
Ally Financial said it is donating about $50,000 to help dealership employees and communities affected by hurricanes, fires, floods and other hardships.
“For those dealers who have weathered particularly challenging circumstances, some extra support can boost the wellbeing of their employees, businesses, and communities,” said Doug Timmerman, president of Ally Auto Finance, in a statement. “Ultimately, we owe our success to our customers and this is about giving back to our dealer customers to show how much we appreciate them.”
Among the donations Ally said it made this month:
- Gift cards to cover holiday meals for some 50 employees at five North Carolina dealerships whose homes were damaged by Hurricane Florence.
- Gift cards for 25 employees at McGuire Auto Group of Little Falls, N.J., whose homes and workplaces were damaged by summer flash floods.
- Contributions to employees of Alma Chrysler, Jeep, Dodge, Ram, a dealership in Alma, Mich., that was destroyed by fire in November. Ally is also donating to local charities, including Alma Salvation Army, on behalf of the dealer.
Last year, Ally employees volunteered more than 17,000 hours, and the company donated $800,000 through this program, the company noted.