TD Bank USA Company Description
A big-box bank? Touting itself as "America's most convenient bank," TD Bank has more than 1,000 branches in about a dozen eastern states and Florida. Many of its offices are open seven days a week and until 8 p.m. It also provides 24/7 customer service in most markets. In 2008 Canada's Toronto-Dominion Bank (it, too, is known as TD Bank) acquired Commerce Bancorp and combined it with its own TD Banknorth to create TD Bank, N.A. The $8.5 billion merger came on the heels of the departure of Commerce Bancorp's founder and longtime chief Vernon Hill, who modeled his company after big-box retailers such as Wal-Mart and Target and had opposed the transaction.
View the Comprehensive Company Description for TD Bank USA
The Company Description provides a historical perspective of TD Bank USA's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TD Bank USA's evolution in the marketplace.
