TD Bank is the U.S. subsidiary of Canadian bank Toronto-Dominion Bank.
TD Bank was created by the merger of TD Banknorth and Commerce Bank in 2008.
TD Banknorth has its origins in a number of Maine savings banks, dating back to 1802 with Woodstock National Bank.
Today the bank has 1,300 branches in 15 states, mostly serving the east coast.
Many of its branches are open until 8 p.m. and have service seven days a week. This is unique in the banking industry.
TD Bank was listed as one of the World’s Best Banks on Forbes annual list. The company also makes the Forbes list of Best Employers for Women and Best Employers for Diversity in 2018.
In August 2020, the bank agreed to pay $122 million in restitution for an overdraft program that the company said was free, but actually charged $35 per occurrence. This covers the period between 2014 and 2018.
TD Bank offers deposit accounts, residential and commercial mortgages, business and personal loans, insurance, investment planning, and wealth management.