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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.
TD Bank expanded into the United States in the early 21st century. In 2004, TD Bank entered the American retail banking market, announcing an agreement to acquire the majority stake of Banknorth, a New England–based bank, for a total of US$3.8 billion. [20] Banknorth was later rebranded as TD Banknorth after the sale was finalized in March 2005.
TD Canada Trust branch in Edmonton, Alberta. The Bank of Toronto (founded in 1855) and The Dominion Bank (founded in 1869) merged on 1 February 1955 to form TD Bank. Canada Trust, founded in 1864 in London, Ontario as Huron and Erie Savings and Loan Society, was acquired by TD Bank in 2000, after which TD adopted the new brand name "TD Bank Financial Group".
Bank name Country Total assets (2023) (billions of US$) Headquarter city 1 JPMorgan Chase United States: $3,898.33 New York City: 2 Bank of America United States: $3,051.38 Charlotte: 3 Citigroup United States: $2,416.68 New York City 4 Wells Fargo United States: $1,881.02 San Francisco: 5 Royal Bank of Canada Canada: $1,544.17 Montreal: 6 TD ...
Telephone banking saw growth during the 1980s and early 1990s and was heavily used by the first generation of direct banks. However, the development of online banking in the early 2000s started a long-term decline in the use of telephone banking in favor of internet banking. [2] The advent of mobile banking further eroded the use of telephone ...
TD Bank. TD Bank offers online checking and savings accounts, CD accounts, personal loans, credit cards and other account types. It provides multiple tiers of checking and savings accounts, which ...
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Toronto-Dominion Bank (or TD Bank Group) a financial services group with several retail banking divisions, including: TD Bank, N.A. , its US consumer banking division TD Canada Trust , its Canadian consumer banking division