Item 8.01 Other Events. OnDecember 11, 2020 ,Ally Financial Inc. ("Ally") announced that it is terminating the offering of its Variable Denomination Adjustable Rate Demand Notes (the "Demand Notes") and redeeming in full all outstanding Demand Notes as ofMarch 1, 2021 . Ally anticipates that it will cease offering Demand Notes beginning on or aboutFebruary 18, 2021 . The current aggregate principal amount of outstanding Demand Notes held by investors that are not wholly-owned subsidiaries ofAlly Financial Inc. is approximately$2.5 billion and the interest rate is determined on a weekly basis and may vary based on outstanding account balance. Holders of Demand Notes may continue to demand repayment of Demand Notes at any time in advance of the redemption by Ally, as permitted under the terms of the Demand Notes. A copy of the Notice of Termination and Full Redemption issued to holders announcing the termination of the offering of the Demand Notes and redemption of all outstanding Demand Notes is attached hereto as Exhibit 99.1. Item 9.01 Exhibits. Exhibit No. Description of Exhibits 99.1 N otice of Termination and Full Redemption, dated December 11, 2020 The cover page from this Current Report on Form 8-K, formatted in Inline 104 XBRL
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