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TD Group US Holdings LLC is the ninth largest bank in USA

TD Group US Holdings LLC is the ninth largest bank in USA

TD Group US Holdings LLC is the ninth largest bank in USA.TD Bank, N.A., is an American national bank. The eleventh largest bank in the United States (by total assets earlier), it is the result of many mergers and acquisitions. The bank operates in 15 states and Washington D.C. It is located on the East Coast of the United States.

10 largest banks in the U.S. by assets

JPMorgan Chase Bank of America Corp. Wells Fargo & Co Citigroup Inc. Goldman Sachs Group Inc.
Morgan Stanley U.S. Bancorp PNC Financial Services Group Inc. TD Group US Holdings LLC Capital One Financial Corp

It is a successor to the Portland Savings Bank, which later became Banknorth.[3] The company is a subsidiary of the Canadian multinational Toronto-Dominion Bank based in Toronto, Ontario. The bank took its current name, TD Bank, N.A., in 2008, through the acquisition and renaming of Commerce Bank and its subsequent merger with TD Banknorth. The bank’s “TD” initials, first popularized in Canada, are used officially for all American operations. In 2013, TD Bank, N.A. centralized its headquarters in Cherry Hill, New Jersey, U.S.

TD Group US Holdings LLC is the ninth largest bank in USA

Type Subsidiary
Industry Banking, Financial services
Founded Portland, Maine, USA (1852)
Headquarters Cherry Hill, New Jersey, U.S.
Number of locations 1,301
Area served Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, Washington, D.C.
Key people Greg Braca (CEO)
Number of employees 26,000+
Parent Toronto-Dominion Bank
Website tdbank.com

TD Group US Holdings LLC is the ninth largest bank in USA

TD Group US Holdings LLC is the ninth largest bank in USA

TD Group US Holdings LLC is the ninth largest bank in USA

TD Group US Holdings LLC is the ninth largest bank in USA

Company History

TD Bank, America’s Most Convenient Bank®, has proudly provided unparalleled convenience and legendary WOW! customer service for more than 150 years.

The company first opened its doors as Portland Savings Bank in Portland, Maine, in 1852, and later grew through a series of mergers and became Peoples Heritage Bank in 1983. At the turn of the millennium, the opportunity for growth presented itself again as Peoples Heritage Bank, through several acquisitions, expanded deeper into New England and took the name Banknorth.

Meanwhile, Cherry Hill, New Jersey-based Commerce Bank was turning customers into fans as America’s Most Convenient Bank. Founded in 1973, Commerce Bank expanded rapidly over the next 30 years into metro New York and Philadelphia, Washington D.C., and South Florida, winning new customers with WOW! service and convenience.

In 2004, Banknorth caught the eye of TD Bank Group of Toronto, Canada, a top 10 financial services company in North America. TD Bank Group soon became Banknorth’s majority shareholder and the company became known as TD Banknorth. TD Bank Group completed its purchase of TD Banknorth in 2007.

Looking to expand further in the U.S., TD Bank Group acquired Commerce Bank on March 31, 2008, and the company rebranded as TD Bank, America’s Most Convenient Bank. TD Banknorth locations followed suit in September 2009, completing the merger of the two companies and uniting them under the TD Bank brand name.

On September 30, 2010, The South Financial Group, Inc. was acquired by TD Bank Group, and its subsidiary Carolina First Bank merged with TD Bank. Carolina First Bank in North and South Carolina and Mercantile Bank in Florida were rebranded in June 2011.

Today, TD Bank, America’s Most Convenient Bank, remains focused on delivering award-winning customer service and hassle-free products to customers from Maine to Florida.

TD Group US Holdings LLC is the ninth largest bank in USA

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