Penny
Hollywood, MD ย –ย If you are the kind of person who bends over to pick discarded coinsโ€”including pennies, your frugal nature just might prove profitable. According to Fortune Magazine, Ally Bankโ€™s holding company, Ally Financial, announced Tuesday, Oct. 18 that it has placed 100 โ€œpenny-like coins with the companyโ€™s logoโ€ in 10 U.S. cities. Each โ€˜pennyโ€™ is worth $1,000.

Ally officials stated each penny will be placed around landmarks unique to the city. The promotion is being conducted to encourage customers to routinely save money. โ€œWe believe every penny counts when it comes to saving,โ€ said Ally Financial CEO Diane Morais.

Clues as to where the pennies are located will be offered on Allyโ€™s web site and Twitter page.

Contact Marty Madden at marty.madden@thebaynet.com