Ally Bank recently announced that it will no longer charge a penalty for customers who close their account and transfer their balance to another bank.

This is great news for customers who are looking to switch banks, as it removes one of the biggest barriers to doing so.

Previously, Ally Bank would charge a $25 penalty for closing an account and transferring the balance to another bank.

Now, customers can close their account without penalty and transfer their balance to another bank without any additional fees.

This change is part of Ally Bank’s efforts to make it easier for customers …