I'm glad to see GMAC Financial Services respond. Molina makes some important points. The most important is the fact that Ally Bank is well capitalized so the FDIC rules restricting deposit rates don't apply. Here's an excerpt:
[T]he FDIC rules that you cite relating to brokered deposits by troubled banks are irrelevant. Ally Bank has capital well in excess of FDIC requirements and is better capitalized than many of your members.
As I mentioned in yesterday's post there have been cases in which the rate restrictions have been applied to banks that were well capitalized. Hopefully, this won't happen to Ally Bank.
Ally Bank's special page includes a contact form that allows you to voice your concerns to the ABA. Also, if you want to give your opinions to the FDIC on this issue, I included contact information in my ABA-letter post.
Thanks to the reader who emailed me the link to Ally Bank's response.