The 68 Ventures Bowl is a postseason NCAA -sanctioned Division I FBS college football bowl game that has been played annually in Mobile, Alabama since 1999. In 2021, the game was moved from Ladd-Peebles Stadium to Hancock Whitney Stadium , on the campus of the University of South Alabama . The game currently matches teams from the Sun Belt Conference and the Mid-American Conference . Originally known as the Mobile Alabama Bowl during its first two playings, it has undergone many name changes.
20-624: The game was known as the Mobile Alabama Bowl for its first two playings, in 1999 and 2000. GMAC (now Ally Financial ) had become the title sponsor for the 2000 playing, and the game was renamed as the GMAC Bowl for the 2001 though January 2010 playings. It was then the GoDaddy.com Bowl for the January 2011 to January 2013 playings when GoDaddy took over sponsorship. In May 2013, it was announced that
40-678: A direct bank , corporate lending, vehicle insurance , mortgage loans , and other related financing services such as installment sale and lease agreements. Ally is one of the largest car finance companies in the U.S. It provides car financing and leasing for 4.1 million customers and originated 1.2 million car loans in 2023. It is on the list of largest banks in the United States by assets and has 2.0 million depositors. The company has sold more than 5 million vehicles, including 505,000 vehicles sold in 2023 via its SmartAuction online marketplace for auto auctions , launched in 2000. The company
60-490: A direct bank . In 2005, the company formed GMAC ResCap as a holding company for its mortgage operations. In 2006, General Motors sold a 51% interest in GMAC to Cerberus Capital Management , a private equity firm . Also that year, GMAC sold a controlling interest of GMAC Commercial Holdings (its real estate division renamed Capmark) to Goldman Sachs , Kohlberg Kravis Roberts , and Five Mile Capital Partners. GMAC Real Estate
80-619: A public company via an initial public offering . In 2015, it moved its headquarters to One Detroit Center, which was subsequently renamed Ally Detroit Center . In June 2016, the company acquired TradeKing, a stockbrokerage , for $ 275 million, which was re-branded as Ally Invest. In May 2016, Ally Bank re-entered the mortgage business with the launch of its direct-to-consumer offering called Ally Home. In April 2019, Ally Home partnered with Better.com for mortgage loan selling, processing, mortgage underwriting , and closing services. In October 2019, Ally acquired Health Credit Services (HCS),
100-638: A replacement. A MAC vs. Sun Belt matchup was then featured for a total of 11 consecutive bowls, through the January 2020 edition . That streak was broken when the December 2020 edition invited teams from C-USA and the Sun Belt. After Arkansas State of the Sun Belt appeared in the 2012 through 2015 editions of the bowl, the conference and bowl committee agreed on changing the team selection bylaws to avoid repeat appearances by teams in consecutive years. The 2001 game between
120-653: A result of losses in GMAC ResCap , a subsidiary of the company, the United States Department of the Treasury invested $ 17.2 billion in the company in 2008–2009. The Treasury sold its last stake in the company in 2014, recovering $ 19.6 billion from its $ 17.2 billion investment. In April 2009 the bank announced plans to move its Charlotte office from Ballantyne to 106,525 square feet (9,896.5 m ) on four floors of 440 South Church , with possible expansion later. At
140-602: A technology-focused patient financing company based in Charlotte, North Carolina . It was sold to Synchrony Financial in March 2024. On May 3, 2021, Ally began occupying 725,000 square feet at Ally Charlotte Center . In December 2021, Ally acquired Fair Square Financial, a credit card company, for $ 750 million and rebranded it as Ally Credit Card. In 2022, the Disability Equality Index (DEI) listed Ally as one of
160-801: The 2023 game , a 59–10 win by South Alabama over Eastern Michigan , an altercation took place on-field between the teams prior to the trophy presentation, initiated by an Eastern Michigan player sucker punching a South Alabama player while the South Alabama marching band and team were singing the school's alma mater . Source: Updated through the December 2023 edition (25 games, 50 total appearances). Won (8): Appalachian State , Central Michigan , Georgia Southern , Georgia State , Liberty , Louisiana , Northern Illinois , South Alabama Lost (7): Buffalo , Kent State , Memphis , Middle Tennessee State , Rice , UTEP , Western Kentucky Updated through
180-719: The Best Places to Work for Disability Inclusion . In 2022, Ally committed to reach equal spending in paid advertising across women's and men's sports programming over the next five years. Sponsorships include: In December 2013, the Consumer Financial Protection Bureau (CFPB) and United States Department of Justice ordered the company to pay $ 80 million in consumer monetary damages and $ 18 million in civil penalties after determining that 235,000 minority borrowers paid higher interest rates for auto loans originated between April 2011 and December 2013 because of
200-563: The Marshall Thundering Herd and East Carolina Pirates set the record as the highest-scoring bowl game of all time, and Marshall achieved what was then the greatest scoring comeback in bowl history. In this contest, Marshall battled back from a 38–8 deficit to win. 64–61, in double overtime. Thundering Herd quarterback Byron Leftwich threw for 576 yards in the game. The 2008 game had the largest margin of victory in bowl history, with Tulsa defeating Bowling Green , 63–7. Following
220-522: The ".com" would be dropped from the bowl's name, rebranding it as the GoDaddy Bowl for the January 2014 through December 2015 editions. Dollar General took over sponsorship on August 17, 2016, with the 2016 through 2018 playings branded as the Dollar General Bowl . It was announced on May 29, 2019, that Dollar General would no longer sponsor the bowl. It was temporarily called by its original name,
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#1732870113907240-526: The December 2023 edition (25 games, 50 total appearances). Source: The bowl has been televised on ESPN or ESPN2 since its inception. Ally Financial Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit , Michigan. The company provides financial services including car finance , online banking via
260-522: The Mobile Alabama Bowl, until new sponsorship by LendingTree was announced on November 15, 2019, making it the LendingTree Bowl . On May 15, 2023, the game came under new sponsorship and was renamed as the 68 Ventures Bowl . When the bowl first began, it was played as one of the first games of the bowl season in December. The 2006 season saw the game moved to January, and it served as one of
280-531: The company's discriminatory pricing system. The higher rates resulted from the company's specific policy of allowing dealers to charge, at their discretion, a "dealer markup" above Ally's established "buy rate" and then compensating dealers based on the markup. Ally provided an incentive for dealers to charge higher rates, in violation of the Equal Credit Opportunity Act . Liberty Flames football Too Many Requests If you report this error to
300-549: The first two playings, when the Western Athletic Conference (WAC) could receive the bid if one of its easternmost teams qualified as bowl eligible . For the January 2010 edition , the Atlantic Coast Conference (ACC) was to participate in the bowl as its ninth bowl tie-in. The ACC failed to have sufficient bowl-eligible teams to fill the slot, and the bowl chose Sun Belt Conference champion Troy as
320-602: The last bowls played before the national championship game of either the Bowl Championship Series or the College Football Playoff . For the 2015 season, the bowl was moved back to December, where it remained for every subsequent playing except for the 2019 season. From 1999 to 2009, the bowl pitted a Conference USA (C-USA) team against a team from the Mid-American Conference (MAC), except for
340-408: The servicing arm of Norwest Mortgage, which included an $ 11 billion mortgage portfolio. In 1991, the company was forced to write-off $ 275 million in bad debt as part of a $ 436 million loss suffered from fraud committed by John McNamara , who ran a Ponzi scheme . In 1998, the company formed GMAC Real Estate . In 1999, GMAC Mortgage acquired Ditech . In 2000, the company formed GMAC Bank,
360-411: The time, the bank had 265 Charlotte employees in three business units. In May 2009, GMAC Bank was rebranded as Ally Bank. In May 2010, GMAC re-branded itself as Ally Financial. In September 2010, the company sold its resort finance business to Centerbridge Partners . In 2012, the company sold its Canadian banking operations to Royal Bank of Canada for $ 3.8 billion. In April 2014, it became
380-494: Was founded in 1919 by General Motors (GM) as the General Motors Acceptance Corporation (GMAC) to provide financing to automotive customers. In 1939, the company founded Motors Insurance Corporation and entered the vehicle insurance market. In 1985, while GM was under the leadership of Roger Smith , who sought to diversify the company, GMAC formed GMAC Mortgage and acquired Colonial Mortgage as well as
400-515: Was sold to Brookfield Asset Management . In 2009, Capmark filed for bankruptcy and its North American loan origination and servicing business was acquired by Berkadia, a joint venture of Leucadia National and Berkshire Hathaway . On December 24, 2008, the Federal Reserve accepted the company's application to become a bank holding company . In January 2009, the company closed Nuvell Financial Services , its subprime lending division. As
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