TD Bank

TD Bank, N.A. is the United States retail banking arm of The Toronto-Dominion Bank, serving consumers, small businesses, and commercial clients along the East Coast. Today the bank focuses on everyday banking needs such as checking and savings, home and business lending, credit cards, and cash management, delivered through a mix of traditional branches, ATMs, and a heavily used digital platform.

The broader TD Bank Group traces its origins to 1855 in Canada, when The Bank of Toronto and The Dominion Bank began the history that eventually led to the creation of the Toronto-Dominion Bank in 1955. TD’s U.S. presence has its own deep roots, with predecessor banks operating in the United States since the mid‑19th century. Over the last several decades, TD Bank, N.A. grew into a major East Coast franchise by acquiring regional players such as Commerce Bank and Banknorth and folding them into a single cross‑border retail and commercial platform backed by the Canadian parent’s balance sheet.

As of October 2025, TD Bank, N.A. operates about 1,104 domestic offices in the United States and employs more than 28,000 people nationwide. The U.S. bank manages hundreds of billions of dollars in assets and deposits, while TD Bank Group overall serves tens of millions of customers worldwide and ranks among the largest banks in North America by assets and customer base. This scale provides stability, brand recognition, and long-term staying power in the markets where it locates branches and offices.

For real estate owners and developers, TD functions as a visible, traffic‑drawing banking tenant across a range of formats. In the United States, the bank’s locations are concentrated from Maine through Florida, with branches and offices in dense urban business districts, neighborhood retail corridors, and high‑growth suburban markets in the Mid‑Atlantic and Southeast. In Canada, TD maintains a dominant branch system anchored by its presence in major metros such as Toronto, Montreal, Vancouver, and Calgary. Typical placements include street‑front corners, inline spaces in neighborhood centers, and freestanding or end‑cap sites with drive‑thru capability, often in well‑established trade areas or transit‑oriented districts.

Over roughly the last five years, TD has shifted from rapid branch expansion to a more selective approach. The bank continues to open some new locations in priority East Coast and Canadian growth markets, but a growing share of its activity involves relocations, remodels, and consolidations into higher‑profile or more efficient spaces. At the same time, TD has invested heavily in its digital banking capabilities, allowing it to maintain a meaningful physical presence in key population and employment centers while serving many routine transactions online or on mobile. This has translated into ongoing demand for upgraded corners, refreshed neighborhood sites, and TD‑branded hubs that can combine retail banking with commercial, wealth, or back‑office functions.

Within landlord and brokerage circles, TD is widely viewed as a stable, investment‑grade tenant supported by the broader TD Bank Group in Canada. The brand’s long operating history, large customer base, and continued commitment to core East Coast and major Canadian markets make TD a reliable anchor or co‑tenant in mixed‑use projects, neighborhood centers, and urban infill properties. Its measured but ongoing network optimization suggests a steady pipeline of renewals, upgrades, and selective new deals in strong locations rather than a retreat from physical banking altogether.