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A former Commerce Bank in Tuckerton, New Jersey, that was rebranded as TD Bank in 2009. Almost every Commerce Bank branch was built in this style, and is recognizable even after the merger. Several banks in the United States have traded under the name "Commerce Bank" or similar names, leading to brand confusion.
M&T Bank: M&T Bank: 2008 TD Banknorth: Commerce Bancorp: TD Bank, N.A. $8.5 billion TD Bank, N.A. 2008 JPMorgan Chase: Bear Stearns: JPMorgan Chase: $236 million [39] JPMorgan Chase & Co. 2008 Bank of America: Merrill Lynch: Bank of America: $50 billion Bank of America: 2008 [2] Wells Fargo: Wachovia: Wells Fargo: $15.1 Billion [40] Wells Fargo ...
As of March 2008, their stated plan was to merge Commerce with their existing TD Banknorth subsidiary, calling the new bank TD Commerce Bank. [38] However, Commerce Bank based in Worcester, Massachusetts challenged the new name. As a result, TD renamed its US subsidiary TD Bank at end of 2009. [39] TD is the sixth-largest bank by branch network ...
All told, TD Bank has 1,100 bank branches in the U.S. and is currently the 10th largest bank in the country, with US$366 billion in assets. TD even muscled its way to becoming the third-largest ...
First Horizon is holding a shareholders' meeting for a key vote on the potential $13.4 billion merger with TD Bank Group.
In the United States, the company operates through their subsidiary TD Bank, N.A., which was created through the merger of TD Banknorth and Commerce Bank. TD Bank serves more than 6.5 million customers in the United States with a network of over 1,200 branches in 16 states and the District of Columbia. [9]
Jordan and Leo Salom, president and CEO of TD Bank, made their first joint public appearance at the luncheon after an agreement was reached in February concerning a $13.4 billion proposed merger ...
On October 2, 2007, Commerce Bancorp announced that it would be merging with TD Bank Financial Group. The Canadian-based Toronto-Dominion Bank acquired Commerce for $8.5 billion (U.S. dollars) in cash and stock, at $42 per share of CBH stock, a purchase multiple of x28. Some industry commentators held that Hill's departure and a strong Canadian ...