What do you guys think of Ally Bank (ally) long term?

I feel like consumers are starting to realize that they are getting screwed with big banks (fees, next to nothing interest rates). People aged 50- 60 and over are unlikely to switch to them as they like their brick and mortar style bank and it may be a pain for them to transfer SSI and pensions and what not. But I think millennials will choose online banks over big banks. I constantly see posts about Ally Bank in r/personalfinance and their last quarterly report they stated they had a record number of new clients for the quarter. I was thinking about investing hard on them for long term. Any thoughts? Will the repeal of Dodd-Frank help online banks or just small state banks? Any advice would be appreciated! Thanks

Submitted May 31, 2018 at 09:01AM by ilovethetradio https://ift.tt/2J5gIcH