TD Bank

TD Bank operates as the U.S. retail banking subsidiary of Toronto-Dominion Bank Group, one of North America's largest financial institutions. The parent company traces its origins to February 1, 1955, when The Bank of Toronto (established 1855) and The Dominion Bank (established 1869) merged to form a banking powerhouse. Today, that legacy translates into substantial scale and stability for the U.S. market.

As of December 2025, TD Bank maintains more than 1,100 branches and 2,600 ATMs across the United States, with particular strength on the East Coast and throughout the Northeastern and Mid-Atlantic regions. The organization ranks as the 10th largest bank in the country by asset size and serves a customer base exceeding 27.9 million across North America. Its parent company commands $2.09 trillion in total assets, providing significant capital for ongoing expansion and market development.

The bank's footprint expanded materially over the past two decades through strategic acquisitions. The 2004 purchase of Banknorth and the 2008 acquisition of Commerce Bancorp positioned TD as a major U.S. retail banking player and established its concentrated presence in the Northeast and Mid-Atlantic corridors. These moves reflected a deliberate strategy to build scale in high-density markets rather than pursue nationwide saturation.

What distinguishes TD Bank in the retail banking landscape is its operational positioning around convenience. Many branches operate seven days a week with extended hours, a relatively uncommon model in traditional banking that supports the company's "America's Most Convenient Bank" positioning. The organization also maintains a full suite of retail products including checking and savings accounts, credit cards, mortgages, home equity loans, personal loans, and small business banking services, alongside digital capabilities such as mobile check deposit and bill pay.

The parent company operates through four primary business segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. This diversified structure provides stability and cross-selling opportunities within the broader financial services ecosystem. TD Bank also demonstrates commitment to environmental sustainability through LEED-certified buildings and renewable energy initiatives, reflecting broader corporate governance priorities that increasingly matter to institutional stakeholders and community partners.