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TD Canada Trust markets itself as having longer hours than most major banks, a feature which was a hallmark of the former Canada Trust before its 2000 acquisition. Since late 2007, most branches are open 8–6 Monday to Wednesday (some until 8pm), 8–8 Thursday and Friday, and 8–4 on Saturday, with some exceptions for very low-traffic branches.
The Canada Trust Company was a Canadian trust company founded in 1894 in Calgary, Alberta, as the General Trust Corporation of Canada. In 1899, it was acquired by the Huron and Erie Savings and Loan Society, which moved the company to London, Ontario , and changed its name to the Canada Trust Company.
The remaining branch in Paris, Ontario, was sold to Laurentian Bank of Canada. In all six TD branches and seven Canada Trust branches specifically changed hands to meet the Competition Bureau's requirements. [18] In response, TD announced it would close 275 branches, representing 4,900 employees, to adhere to the ruling and to reduce overall costs.
As Scotiabank found no merger partners among the other banks in the big five group, it instead expanded its international operations and passed the Bank of Montreal in size. TD Bank merged with Canada Trust, which was for a long time the largest trust in Canada, thus vaulting TD into the number two spot. [23]
At 222.8 m (731 ft), the tower was the tallest building in Canada when completed. The completion of the banking pavilion and the Royal Trust Tower (now the TD North Tower) followed in 1968 and 1969, respectively. The Commercial Union Tower (now the TD West Tower) was added in 1974 and was the first on the site not conceived by Mies in his plan.
William Edmund Clark CM (born 10 October 1947) is a Canadian retired banker who served as president of Canada Trust from 1994 to 2000 and as president of the Toronto-Dominion Bank from 2000 to 2014. On April 3, 2013, Clark announced his intention to retire as president and CEO effective November 1, 2014 at age 67, after 12 years as CEO. [ 1 ]
TD Bank, N.A. is an American national bank and the United States subsidiary of the multinational TD Bank Group.It operates primarily across the East Coast, in 15 U.S. states and Washington, D.C. TD Bank is the seventh-largest U.S. bank by deposits and the 10th largest bank in the United States by total assets, resulting from a series of several mergers and acquisitions.
The Toronto-Dominion Bank (TD Bank) is a financial services group based in Canada. TD Bank may also refer to: TD Canada Trust, based in Toronto, Ontario, TD Bank's Canadian retail banking division; TD Bank, N.A. based in Cherry Hill, New Jersey, TD Bank's American retail banking division