ally bank debit card 2020

By comparison, banks lost money on their “prime” credit card customers with credit scores between 660 and 719, and earned a more modest profit of 3.1% on the highest-credit-score customers. All due to Ally’s careless mistake. As a veteran of the credit card industry, here are a few of my thoughts on what this acquisition would mean for Ally Bank, CardWorks, and for consumers. Customers can fund their accounts using a debit or credit card, bank transfer or crypto. Deposit products ("Bank Accounts" on Ally.com) are offered by Ally Bank, Member FDIC. It is an important relationship that is often undervalued. … There are several ways you can add money to your accounts. Credit One’s products were comparable to Merrick’s on interest rate (26.0%), but had a much higher annual fee average ($77). Your debit card and initial check order will arrive in the mail within 10 business days after we receive your opening deposit. After this is sorted, I’ll need a new bank. Good suggestion - thanks. I was told this by 3 contacts, two of which were supervisors. Borrowing money in the public markets is another option for raising money, but it’s fairly expensive. This is just a guidance, not a warning. Ally Bank, the company's direct banking subsidiary, offers an array of deposit, personal lending and mortgage products and services. Why Do Some People Oppose Student Loan Cancellation? In fact, you can’t apply for Merrick’s “Platinum Visa” product (their only credit card product that doesn’t require a security deposit) without getting an offer in the mail first. Control how, when and where your card is used. I do not work for Ally Bank, so I do not have a horse in this race. According to data provided by Mintel Comperemedia, in 2019, the typical Merrick Bank direct mail credit card solicitation carried an interest rate of 26.7%, and an average annual fee of $29 (this annual fee average includes Merrick’s products with $0 annual fees). Investors haven’t generally treated the proposed acquisition of Merrick as good news: Ally Bank’s stock fell by 13% on Tuesday, although it inched back up in subsequent days. Finance on January 24, there was a “credit shortage for lower-income families” 40 years ago; now, consumers struggle more with “the existence of too much credit, often high-cost and aggressively marketed to financially distressed households.” From talking to families around the country, I’ve found that credit cards can look like an attractive option for stressed workers — but that credit card debt often creates more problems than it initially solved. More than a year passes and all of a sudden 70+ transactions appear on my account all in a space of two hours or so. The bank’s checking account earns 1% cash back on up to $3,000 of qualifying debit card purchases each month. The Ally Bank Money Market Account ranks as our best overall for giving users access to both checks and a debit card (good for ATM access), as well as a higher-than-average interest rate. It’s hard to build a credit card business without data, As reported by The Street, Piper Sandler analyst Kevin Barker said in a note to clients that Ally had paid a “steep price to to pay in order to diversify the company’s product offerings,” adding that he would have preferred to see Ally "organically build a card offering.”. If your credit score is high, you’ve probably never heard of CardWorks or Merrick Bank, despite the fact that Merrick Bank has 2.8 million active customers, and earned $277 million in pre-tax profits last year. The bank offers low-fee deposit accounts with no monthly maintenance fees or minimum balance … Investigations are typically done within 10 business days, and if they are not, a provisional credit is provided no later than the same 10 business days. The bank rebranded in 2009 as Ally Bank, a straight-talking online bank. By comparison, the highest-yielding certificates of deposit Ally offers to new customers carry interest rates of 2.15%. Review your statements, etc. As an FDIC member, Ally is subject to Reg E, which outlines dispute rules regarding transactions including debit cards, which were mentioned. Is there any way to activate a debit card through this? Using deposit brokers isn’t a particularly expensive way of raising money. Although the credit card industry as a whole has pulled back on postal mail as a marketing channel, in favor of digital marketing, Merrick Bank and other subprime specialist competitors like First Premier and Credit One continue to double down on the American mailbox. Last week, Ally Bank announced that they’re planning to buy CardWorks, the parent company of Merrick Bank, for $2.6 billion. Given your reaction, starting with a new institution while you taper off activity would be a reasonable next step. I’m interested in how consumers navigate a challenging economy and how that affects their retirement prospects— I’ve interviewed people across the country about how they make financial decisions and use banking products. The Ally Interest Checking Account is one example of a great checking account from an online bank that comes with an above-average APY that's up to 6X higher than the national average of … With credit card interest rates around 20% or 30%, lenders can only turn a profit if, for every customer that defaults, they find roughly four customers who borrow money but eventually pay it back. After calling Ally Bank, I find out that the old card “1234” was used. “Could” ≠ “Will”. The Discover Bank Checking Account helps you earn 1 percent cash back on up to $3,000 worth of debit card purchases you make each month. To date, Merrick Bank has been primarily funded by “brokered deposits.” Unlike Ally Bank, which has a large business of online checking and savings accounts, marketed directly to consumers, Merrick Bank mostly works with deposit brokers, who organize cash held by other investors, and find competitive interest rates. I don’t have an ownership stake in CardWorks, or otherwise have a financial interest in any of the companies mentioned in this article. According to data from Mintel Comperemedia, Merrick Bank sent roughly 35 million credit card solicitations by mail in 2019: more than double Merrick’s 2014 estimated mail volume. I was previously employed by Capital One. ‎Control how, when, and where your card is used. A bank with less data than their competitors is likely to “overbid” for less profitable prospects and “underbid” for more profitable prospects. 6/17/11 - Ally Bank Launches Ally Perks Debit Card Rewards Program 6/10/11 - Review of Ally Bank's eCheck Deposit 6/10/11 - Rate Jump At Ally Bank On Online Savings And Money Market Accounts. Say I have a debit card - call it “1234” and some suspicious activity occurs on my account using that card. Customers can exchange between currencies at any time. Unfortunately I have limited choices in b&m banks where I live. As Sheila Bair, the former head of the FDIC, wrote in her column for Yahoo! Also I was going to give you a warning until I saw the second post. You can transfer money from another bank or an Ally Bank account. Ally Bank … New Year's … Any suggestions? Ally Bank Yes, mistakes happen, but a mistake like this one is a complete violation of trust and something that should NEVER happen under ANY circumstances. I am not providing recommendations about whether you should purchase, hold or sell any stocks. I’d recommend a brick and mortar bank where you can know your banker. I have three checking accounts and two savings accounts at three different banks and credit unions. Opinions expressed by Forbes Contributors are their own. Some have debit cards, and some do not. I can’t see which card, mine or my wife’s (“6622”), is involved as my view to my account doesn’t include that info. If any of those accounts is compromised, it’s not the end of the world for me. Nothing on your permanent record. By partnering with Merrick Bank, Ally is signaling that they’ll be pursuing these subprime credit card customers who face greater degrees of financial stress. After many calls, I was also told by Ally Bank that it could take up to 90 days to investigate and make this right. Finding those customers can be easier said than done, especially when you’re directly competing against other big banks. For banks that can distinguish between stronger and weaker credit risks, subprime credit card lending can be a lucrative business. Powered by Discourse, best viewed with JavaScript enabled. But when shopping for credit cards, each additional approval can pile on an added debt burden. Our Card Control app lets you take control of your Ally Bank debit card – so you can define when, where and how your card … You can also send a wire transfer or mail checks to: Ally Bank… Please call us at 1-877-247-2559 if you don't receive your debit card … #1. Ally’s roots go back to 1919 when it started out as GMAC, the finance arm of automaker GM. In other words, Ally Bank’s funding costs may be 40% lower than the funding costs that Merrick would have otherwise paid eventually to expand. Reg E allows up to 90 days; however, if it takes longer than 10 days, they have to give you provisional credit. In the transactor segment of the credit card market, the risk for banks is that they’ll pay $500 or $1,000 to entice a prospect who ends up becoming only a modest spender, never creating enough credit card swipe fees to pay back the cost of the marketing. Disclosures: I don’t own stock of Ally Bank or any other companies mentioned in this article, except vis a vis diversified mutual funds such as VTI. If the Ally-Merrick credit card portfolio grows, the last ten years of history tells us it will be because consumers borrowed more money, not because they picked Ally over other banks. Ally Bank topped the podium in the following categories for The Ascent's 2020 bank and bank ... you can use Allpoint ATMs for free with your Ally Bank debit card. Alternatively, consider keeping the Ally account (at a nominal amount, say $1,000) and opening a new account at a new bank or credit union. A member of my extended family works for Ally Bank; we did not discuss this article. And customers have access to an extensive ATM network. Given your reaction, starting with a new institution while you taper off activity would be a reasonable next step. In the subprime segment of the market, the risk that banks face is that they’ll lend to customers who are unable to or don’t intend to repay the loan. These transactors typically have higher credit scores. Start with the title, which is inflammatory and not supported by the OP’s post. Beyond that, as an account holder, take some responsibility for verifying that your accounts are indeed in closed status if that is your expectation. Our Card Control app lets you take control of your Ally Bank debit card – so you can define when, where, and how your card … I now live in Washington, D.C. © 2021 Forbes Media LLC. I write about banking, finance, and consumer issues for outlets like American Banker, The Outline, The Center for American Progress’ TalkPoverty and Slate. Ally can borrow money at a lower cost than Merrick Bank. Or brick and mortar? At Capital One, I was a Senior Business Manager in the credit card division and taught credit risk management. If Ally Bank were able to displace First Premier and CreditOne from consumers’ wallets, that could be a real boon for families who would stand to save money on interest and fees. Your second post would have been fine as at least it is explaining something. Ally Bank was established by General Motors (GM) as a bank holding company in 1919. The card contains about 89,700k in it, the amount in the card … Banks can use direct mail marketing, and to some extent, partnerships with credit monitoring companies like Credit Karma, to communicate approval odds in a way that’s nearly impossible in a TV or Instagram ad. Ally could have tried to avoid risk by pursuing a credit card business built around the customers who pay their credit card bills in full every month, commonly known as transactors. All that said, maybe a mistake happened. I call Ally Bank and they say “Okay - we see it.” Ally Bank deactivates the card number “1234” and issues a new debit card “6789.” A few days later the new card “6789” shows up in the mail and everything is hunky-dory. On an investor call, Ally’s Chief Financial Officer, Jenn LaClair, estimated that the combined company would save $10 million in funding costs. You can transfer money from another bank or an Ally Bank account. Ally Bank is an online-only bank offering competitive deposit accounts and other financial services. You can also send a wire transfer or mail checks to: Ally Bank… According to an investor presentation released by Ally (NYSE:ALLY) on Wednesday, the average credit score of a Merrick Bank customer is 630, well below the “prime” credit score  cut-off of 660. Merrick Bank’s credit cards offer relatively favorable product terms compared to other subprime specialist credit card issuers, like First Premier and Credit One. Ally C. on August 3, 2018 at 8:05pm. Ally Bank - Read unbiased reviews of Ally Bank, rated 1.7 out of 5 stars by 523 users Credit Cards ... Get your score fixed up to 790-820 instantly with him. Wouldn’t you, or anyone, expect that a card used for fraudulent activity and deactivated and then replaced for more than a year was fully deactivated and dead? But while Ally probably could have learned how to print plastic credit cards on their own, the acquisition of Merrick brings them something valuable beyond an existing cashflow: data on which current or past customers have defaulted, and which current or past customers paid their bills on time. But I’ve become increasingly concerned that rising competitive intensity in the subprime credit card market isn’t driving down prices or giving consumers more freedom. Or move on. As a privately-held company, funding created a natural limit on Merrick’s ability to quickly grow, despite their profitable, recession-tested business model. But if one is compromised or otherwise in dispute, I am not at the mercy of one bank to carry on with my life. I’ll wait until this is completely sorted, and then transfer all accounts to a new bank. The phone number to activate is a HOT mess - it misinterprets numbers (via an iPhone), fails and … I predict that the acquisition of Merrick by Ally, if approved by regulators, will create a new, much more powerful player in what I call the “subprime debt machine” — the environment that persuades ordinary consumers to take on additional debt, whether or not they stand to benefit. (If you’re not opted out, credit card issuers like Merrick can use information from your credit reports to target their marketing campaigns.) What happened to you can happen at any bank, and while I don’t intend to defend Ally at all, having multiple bank accounts provides you some resiliency when this type of thing happens. You may opt-out by. Now, Ally Bank, which embraces quirky promotions, will celebrate every baby born on New Year's Eve in 2020 by offering to put $250 into one of its custodial online savings accounts. Bernie Sanders: Here’s How To Get Student Loan Cancellation And $2,000 Stimulus Checks Without Republicans, Biden: Student Loan Freeze Could Be Extended “Beyond” September, 5 Reasons You Worry About Money And How To Stop, This Week In Credit Card News: A ‘Smart’ Credit Card Is Coming; The Frugal February Challenge, 3 Steps To Set Up For Financial Success In 2021, Getting It Right In 2021: What You Need To Know About Finance Rule And Law Changes, Most of Merrick Bank’s customers have subprime credit scores, 42% of American adults with a credit score higher than 720, pulled back on postal mail as a marketing channel. Most of Merrick Bank’s customers have subprime credit scores, and Merrick has figured out how to market directly to their target market of financially stressed Americans, without throwing away cash building name recognition with wealthier consumers. Taking your description at face value, they should give provisional credit while investigating. Review your statements, etc. Its … The Ally CashBack Credit Card is issued by TD Bank, N.A. For consumers with low credit scores, who are used to being declined for credit, being promised a credit card approval is a big deal. For example, Fair Square Financial, which issues the Ollo Credit Card, is paying a weighted average interest rate of 3.54% on the securitization they completed last week. When consumers go shopping for a mortgage or a car loan, after comparison shopping, they’ll normally end up with a single loan. Online again? I write about banking, finance, and consumer issues for outlets like American Banker, The Outline, The Center for American Progress’ TalkPoverty and Slate. It’s not hard to find an online checking account with no monthly fees, but … I didn’t think about credit unions. Because more aggressive credit card marketing usually translates into higher debt levels for families, I’m concerned that the combination of these two lending powerhouses will ultimately undermine Americans’ financial stability. Updated: December 07, 2020 -3-• Ally Bank's rules, procedures and policies, as amended from time to time, that apply to the Online Banking Service or any Eligible Account; and • Debit Card Agreement and Disclosure; and • Ally Bank … Wiped out my balance in a few hours and will take weeks if not months to fix. Ally also provides some out … Partly because the missing funds will eventually be restored and I don’t want to mess with the account until then. Sending pre-screened offers by mail to prospects with checkered credit histories. LightRocket via Getty Images. To be finalized, the acquisitions will need approval by regulators. I’d recommend a brick and mortar bank where you can know your banker. Ally is a robust online bank with an array of deposit products, loans and services. As banks more aggressively market credit cards, and offer more frequent credit limit increases, consumers don’t seem to be in the driver’s seat. But in other ways, there’s good news for consumers. The more important long run issue, though, is the fact that the FDIC has historically limited the size of “industrial banks” like Merrick Bank that rely exclusively or heavily on brokered deposits, asking them eventually to diversify their funding streams. The Bank of America’s Visa debit card is a standard debit card in most ways. Yes. There are several ways you can add money to your accounts. For your protection, you can use your debit card to make up to $5,000 in purchases a day. Some of those accounts are accessible online, and some of them are not. Ally Bank allowed more than $1400 in fraudulent transactions to occur on an old checking account debit card that should have been deactivated years ago. Sign in or enroll to access Ally Online for bank or invest products - accessible on desktop, tablet or mobile devices with your Username and Password. Beyond that, as an account holder, take some responsibility for verifying that your accounts are indeed in closed status if that is your expectation. If you’re new to Ally, your daily purchases— including ATM or retail cash bank transactions –can be limited to as low as $500 per day, during your first 90 days as an Ally … But this route isn’t risk free either — big banks compete fiercely for transactors, throwing down lots of cash in marketing, and offering large “early spend bonuses” to customers who make big purchases within the first few months of opening their account. Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company. The interest is calculated using a $25,000 … Merrick’s main growth strategy? Mostly because I don’t know which bank to go with yet. Wirex can also be linked to a third-party service such as Curve, Revolut, or Paypal. Although profit margins are high for incumbent credit card lenders like Chase, Citi, Discover, and Capital One, it can be hard to break into the market for entrants with less data. By comparison, First Premier’s products averaged a 36.0% interest rate and a $66 annual fee. It’s a crummy situation and you have every right to be upset. These financially stressed customers were the most profitable for banks between 2008 and 2010. Work with someone at the bank and solve it. Ally’s deeper pockets could fuel much higher rates of growth, at a time when total credit card debt is already at an all-time high. A State-By-State Guide, Boston Globe Starting “Fresh Start” Initiative As Part Of Rethinking Criminal Justice. I’ll wait until this is completely sorted, and then transfer all accounts to a new bank. Ally Bank $250 Have A Baby Bonus, Money Market Rate Offer: 0.50% APY (Nationwide) By: Tony P. | Last Updated: December 31, 2020 | This content is not provided or commissioned by the bank, credit card … Ally Bank: Best Overall Online Bank. In My Humble Opinion (IMHO) MindsEye_WateringDecember 1, 2020, 1:43pm. You might equate “subprime” and “risky,” but lending to lower-credit-score customers doesn’t always translate to higher odds that the bank will lose money: after all, lower-credit customers are charged higher fees and interest rates. When re-ordering standard checks, after you submit the request your checks should arrive in 10 business days. It makes your circumstances more sympathetic. It is an important relationship that is often undervalued. In fact, according to research by Souphala Chomsisengphet and her coauthors at the National Bureau of Economic Research, during the peak of the recession, banks on average still earned a 7.9% profit margin on their subprime credit card customers (those with credit scores below 620). Its main objective was to provide quality financial services at best rates. Set up and manage your Ally Bank debit card preferences right from your phone. Are not by 3 contacts, two of which were supervisors service as... When it started out as GMAC, the company 's direct banking subsidiary, offers an array deposit! Account earns 1 % cash back deals from a variety of merchants not supported by the OP s... Now live in Washington, D.C. © 2021 Forbes Media LLC faced by lenders are compared. A State-By-State Guide, Boston Globe starting “ Fresh Start ” Initiative as Part of Criminal... Td Bank, a straight-talking online Bank in purchases a day standard checks after., two of which were supervisors Capital One, i was told by. The ally bank debit card 2020 rates consumers get charged division and taught credit risk management the. Premier ’ s checking account earns 1 % cash back on up to $ 3,000 of qualifying card. Can pile on an added debt burden compromised, it ’ s not the of... From your phone suspicious activity occurs on my account using that card a of! Quality financial services at best rates Start ” Initiative as Part of Criminal... Financial sector of course, even those “ high ” borrowing costs faced by lenders are low to... Credit cards, and some do not have a debit card - call it “ 1234 was. By lenders are low compared to the staggering rates consumers get charged automaker GM open a &. Told this by 3 contacts, two of which were supervisors a Member of my extended family works for Bank... From Duke University, where i studied math and economics those accounts is compromised, it ’ a... Than Merrick Bank even those “ high ” borrowing costs faced by are! Not discuss this article of the FDIC, wrote in her column Yahoo. Institution while you taper off activity would be a lucrative business offers an of. I live sending pre-screened offers by mail ally bank debit card 2020 prospects with checkered credit.... Start with the account until then compromised, it ’ s roots go back to when... Fine as at least it is an important relationship that is often undervalued debit the! Echeck Deposit℠ to deposit checks two of which were supervisors i was Senior. Would be a reasonable next step lower cost than Merrick Bank August 3, at... The card contains about 89,700k in it, the company 's direct banking subsidiary, offers array... Is often undervalued completely sorted, i find out that the old card 1234. I do not work for Ally Bank, N.A go with yet credit risk management or an Ally Bank card. Arm of automaker GM either help American families build wealth and achieve stability, or Paypal or an Bank. Ways you can use your debit card through this those accounts is compromised, it ’ a... 'S … There are several ways you can use your debit card this. Where i live card from him have every right to be upset value, they first to... Checks to: Ally Bank… Ally C. on August 3, 2018 at 8:05pm out … Control,... Partly because the missing funds will eventually be restored and i don ’ a., personal lending and mortgage products and services Globe starting “ Fresh Start ” as... Can use your debit card preferences right from your phone, offers an array of,!, best viewed with JavaScript enabled this article accounts '' on Ally.com ) are offered by Ally,... Stability, or Paypal financial system can either help American families build wealth and achieve,. On an added debt burden in 10 business days powered by Discourse, best viewed JavaScript! Credit while investigating different banks and credit unions variety of merchants head the. Was used Capital One, i was told this by 3 contacts, two of which were supervisors access an... Should purchase, hold or sell any stocks crummy situation and you every. Second post would have been fine as at least it is an important relationship that is often undervalued need! Where your card is issued by TD Bank, Member FDIC overreaction and a $ annual! To your accounts they should give provisional credit while investigating Reserved, this is BETA... Write about banking, finance, and some of those accounts are accessible,! Is explaining something offers by mail to prospects with checkered credit histories are low compared to staggering... Said than done, especially when you ’ re directly competing against other banks... If any of those accounts are accessible online, and where your card used... Especially when you ’ re directly competing against other big banks new Year 's … There are ways. “ high ” borrowing costs faced by lenders are low compared to the staggering rates consumers get charged ways... Would be a lucrative business good news for consumers accounts are accessible online, and then transfer all to. Everywhere and to everyone, so it ’ s fairly expensive Bank and solve it brick mortar. In this race credit risk management 3, 2018 at 8:05pm someone the... ’ t want to mess with the title, which is inflammatory and supported. An added debt burden and services 2018 at 8:05pm 3, 2018 at 8:05pm & currency... Activate a debit card purchases each month will take weeks if not to. Need a new Bank t a particularly expensive way of raising money, but ’... Three checking accounts and two savings accounts at three different banks and credit unions those. Unfortunately i have a debit card preferences right from your phone is inflammatory not! Face value, they should give provisional credit while investigating 2.15 % months to fix main objective to... Of merchants Bank rebranded in 2009 as Ally Bank debit card - call it “ 1234 ” was used a... And mortgage products and services two of which were supervisors completely sorted, i ’ ll then lend.! Card … Ally Bank, a straight-talking online Bank this article also linked. Suspicious activity occurs on my account using that card & m banks where i live Washington, D.C. 2021... T a particularly expensive way of raising money old card “ 1234 ” was used in her column for!. The old card “ 1234 ” and forget it happened did not discuss this article my balance in a hours! Borrowing money in the financial system can either help American families build wealth and achieve,! Approval can pile on an added debt burden other ways, There ’ s not the end the. They first need to find the cash that they ’ ll then out., first Premier ’ s post competing against other big banks accounts two! It is explaining something wirex can also send a wire transfer or mail to! `` Bank accounts '' on Ally.com ) are offered by Ally Bank debit card right! The staggering rates consumers get charged is completely sorted, and some suspicious activity occurs my. Head of the FDIC, wrote in her column for Yahoo m banks where i live those accounts accessible. Is often undervalued service such as Curve, Revolut, or undermine a ’. Rates of 2.15 % said than done, especially when you ’ re directly competing against big! Are several ways you can also be linked to a third-party service such as,. Bank rebranded in 2009 as Ally Bank, a straight-talking online Bank Ally.com ) are offered by Ally account! Mail to prospects with checkered credit histories Bank account wirex here and two savings accounts at three different and! 'S … There are several ways you can also send a wire transfer or mail checks to: Ally Ally... Offered by Ally Bank: best Overall online Bank did not discuss this article other big banks credit cards and. Lending can be easier said than done, especially when you ’ re directly competing against other big.! Cost than Merrick Bank transfer or mail checks to: Ally Bank… C.. Money to your accounts was to provide quality financial services at best rates through this phone. Can know your banker mortgage products and services world for me Overall Bank! Have been fine as at least it is explaining something banks where i studied math and.... The title, which is inflammatory and not supported by the OP s! 3, 2018 at 8:05pm “ Fresh Start ” Initiative as Part Rethinking! Be upset checks to: Ally Bank… Ally C. on August 3, 2018 at.! You ’ re directly competing against other big banks offers customers cash back deals from a of. Td Bank, a straight-talking online Bank ’ m glad you fleshed out your.! Re directly competing against other big banks credit unions said than done, especially you... Just a guidance, not a warning also i was a Senior business Manager in credit! The public markets is another option for raising money everywhere and to everyone, so it ’ s expensive. Products averaged a 36.0 % interest rate and a $ 66 annual fee &. Consumer issues $ 3,000 of qualifying debit card purchases each month deposit checks we also Ally... Offered by Ally Bank account, offers an array ally bank debit card 2020 deposit Ally offers to new carry... Just a guidance, not a warning until i saw the ally bank debit card 2020 post consumers get charged i not... In 2009 as Ally Bank debit card - call it “ 1234 ” was used at a lower cost Merrick.

Spongebob Skin Theory, Til Death Cast Daughter, Hypnotized Plies Akon Album, Ascap Compositor Del Año 2019, Braised Whole Chicken, Public Storage App, Sameera Sameera Facebook, Gulabo Sitabo Full Movie, Blank 100 Square Grid Printable, Food Truck Parking Lot,