Toronto-Dominion Bank |
Toronto-Dominion Bank (commonly TD) is the second largest bank in Canada by market capitalization and deposits and one of the 10 largest banks in the USA. In Canada, the bank operates as TD Canada Trust and serves more than 12 million customers. In USA, the company operates as TD Bank and serves about 7 million clients through a network of more than 1,200 retail branches throughout the Northeast, Mid-Atlantic, Florida, the Carolinas and Metro D.C. As of December 31, 2010, TD was the only member of Canada's Big Five banks with Aaa credit rating (at the time CIBC was Aa2, Scotiabank Aa1 and the Bank of Montreal Aa2). The Toronto-Dominion Bank trades on the Toronto and New York stock exchanges under the symbol "TD". In September 2010, the Bank completed the purchase of South Financial Group and South Financial’s subsidiary, Carolina First Bank. Toronto-Dominion Bank was created in 1955 through the merger of the Bank of Toronto and Dominion Bank, which were founded in 1855 and 1869. As of January 31, 2012, the Bank had total assets of $773.7 billion, total deposits of $469.7 billion, total loans $391.8 billion and over 21.5 million customers worldwide. The Company operates in four business segments: Key Statistics:
Headquarters address: Press Releases
October 15, 2010 TD Canada Trust today announced that it is increasing branch hours and introducing seven day banking across Canada. Beginning February 13, 2011, more than 300 TD Canada Trust branches in almost 90 communities across the country will serve clients seven days a week, including Sundays from noon to 4 p.m. |
