Articles from TD Bank

TD Bank, America's Most Convenient Bank®, recently announced leadership changes within the U.S. Consumer Bank, appointing Jo Jagadish as Head of Digital Banking & Contact Centers, Andrew Stuart as Head of Consumer Deposit & Payment Products and Nadir Jones as Head of TD Auto Finance. The updates follow an earlier hiring announcement of Allison Robinson as Head of U.S. Consumer Solutions, Service and Operations in November 2024.

TD Charitable Foundation, the giving arm of TD Bank, America's Most Convenient Bank®, today announced $7.2 million in available grants of $200,000 each through its 19th annual Housing for Everyone grant program. The 2025 program focuses on nonprofit organizations that provide post-purchase resources and solutions to low- and moderate-income individuals and families facing challenges in maintaining homeownership.

TD Bank, America's Most Convenient Bank®, today announced the appointment of Allison Robinson as Head of U.S. Consumer Solutions, Service and Operations. Robinson will oversee day-to-day store operations, network and mass affluent strategy, store transformation, sales and advice, and customer experience. She will report to Matt Boss, Head of U.S. Consumer Banking.

The last five years have provided significant challenges to the restaurant franchise industry. However, the industry has renewed optimism, driven by the adoption of digital and mobile ordering, menu creativity and heightened expectations around AI. This is according to a survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference in Las Vegas, Nevada. The poll collected insights from 175 restaurant operators and financial professionals to uncover their expectations for 2025.

TD Bank, America's Most Convenient Bank®, has named Ralph Bumbaca as Regional President of Metro New York, including New York City, Long Island, Hudson Valley, Upstate New York, Northern New Jersey and Fairfield County, CT. He is based in Manhattan.

TD Bank, America’s Most Convenient Bank® today announced the findings of a new survey that explored the habits of today’s global travelers — revealing key generational differences in how travelers are budgeting, planning and spending for international trips.

TD Bank, America’s Most Convenient Bank®, today announced the findings of its 2024 Merry Money Survey, revealing that more than half (52%) are scaling back their spending due to recession anxieties, and more than four out of every ten (42%) respondents are weighing their holiday spending behavior based on the impact from this election. Despite these concerns, 79% of consumers still feel confident in their ability to manage their holiday spending, with 64% indicating that they plan to spend less than $600 in total on gifts.

A recent survey from TD Bank, America's Most Convenient Bank®, reveals that in the current market environment, homeowners continue to see their properties as powerful financial assets, with two-thirds (66%) viewing their home as a source of generational wealth.

As the small business world continues to navigate rapid digital transformation and related shifts in customer expectations, veteran-owned and -led businesses are cautiously optimistic about their business growth over the next 12 months, according to the results of a new survey released today by TD Bank on the occasion National Veterans Small Business Week.

TD, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the eighth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2024 fiscal year. TD was also awarded No. 1 rankings in eight states for 7(a) loan units – Eastern Pennsylvania, Florida, Maine, New Hampshire, New Jersey, New York, South Carolina and Washington, D.C. – and is ranked the #2 SBA lender nationwide.

TD Bank, America’s Most Convenient Bank®, announced today that it is offering financial assistance to its customers impacted by Hurricane Helene in the Gulf Coast and Big Bend of Florida, Upstate and Midlands of South Carolina, and Western North Carolina, through TD Cares. TD Cares is a temporary program that includes support such as fee refunds for eligible consumer and business customers.

TD Bank, America's Most Convenient Bank®, recently announced Andy Bregenzer and Jill Gateman as Co-Heads of U.S. Commercial Banking. The appointments follow the Spring 2024 announcement of Chris Giamo's retirement from TD Bank after 26 years of service to TD and more than 30 years in banking.

TD Bank, America's Most Convenient Bank®, announced that it has been named a 2024 honoree of the Civic 50 Greater Philadelphia. The Civic 50 Greater Philadelphia ranks employers across the region by the Chamber of Commerce for Greater Philadelphia, in partnership with globally recognized nonprofit Points of Light and the Philadelphia Foundation.

TD Bank, America’s Most Convenient Bank®, today announced that Chris Ward has been named Regional President of the Mid-South Metro, which includes Delaware, Maryland, the District of Columbia, Virginia, North Carolina and South Carolina.

TD Bank today announced new enhancements to the rewards and benefits of its popular TD Cash Secured Credit Card™. The product will now leverage the same rewards structure offered by the TD Cash Credit Card, giving cardholders 3% Cash Back on a category of their choice, 2% on their second category, and 1% Cash Back on all other eligible purchases1. Customers will also be able to change their categories on a quarterly basis.

TD Bank, America’s Most Convenient Bank® today announced the findings of its annual 2024 Consumer Spending Index, revealing that half (50%) of respondents say their spending has increased the most on groceries over the last year and more than half (58%) say they spend the most money on groceries in a typical month. Although inflation has slowed, nearly one third (30%) of respondents have been cutting back spending due to concerns about the economy and over two in five (42%) of respondents have altered their financial priorities over the past year. Among those whose priorities have shifted, 27% report covering daily living expenses such as groceries and utilities is the priority that has changed the most.

TD Bank, America's Most Convenient Bank®, today announced that for the 10th consecutive year it has been recognized with a top score of 100 in the 2024 Disability Equality Index®. TD's commitment to driving positive progress for disability inclusion continues to be a top priority, and this recognition reflects the Bank's longstanding mission to foster an inclusive future where everyone can thrive.

TD Bank, America’s Most Convenient Bank®, recently announced its Community Impact Plan, a notable initiative to further its long-standing commitment to community empowerment and economic growth. TD Bank's Community Impact Plan is a three-year commitment with an estimated $20 billion in lending, philanthropy, banking access and other activities for the benefit of diverse and underserved communities.

The majority of homeowners (67%) feel that purchasing a home is still attainable and 38% say they’re likely to purchase a home in the next year, according to a recent TD Bank survey, showing positive views in the housing market amid rising prices and current interest rates.

TD Bank, America’s Most Convenient Bank®, today announced the launch of the Chosen First Name feature, offering customers the option to use a first name that is different from their legal or given name on their online accounts and cards. TD’s Chosen First Name feature is made available through Odyssey, TD’s innovative retail sales and servicing platform. The initiative creates an inclusive and welcoming experience, empowers customers to be their authentic selves and is one of the many ways TD Bank is staying committed to its Unexpectedly Human brand promise store by store.

TD Bank, America's Most Convenient Bank® has received multiple high-ranking accolades for the company’s dedication to diversity, equity, and inclusion from Forbes and Fair360. TD was ranked #9 on Forbes list of America’s Best Employers for Diversity 2024. This is the sixth consecutive year TD has received this prestigious award presented by Forbes and Statista. This ranking was based on organizations’ approach to DEI as it pertains to age, gender, ethnicity, disability and sexual orientation.

TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, today announced it awarded a total of $7 million to 37 non-profits across the bank's Maine to Florida footprint and in Michigan through the 18th annual Housing for Everyone grant program. Grants ranging from $150,000 to $250,000 will support independent living for marginalized community members, especially those who experience homelessness and face conditions that make it difficult to maintain a stable home without additional help.

According to the results of the 2024 Small Business Survey, released today by TD Bank, America’s Most Convenient Bank®, a large majority of small business owners (SBOs) have a positive outlook on the future of their business. 90% of the SBOs surveyed noted their optimism for the future of their business in the next 12 months, which is up from 80% in 2023, indicating a light at the end of the tunnel following prolonged turbulence in the economic environment.

TD Bank, America's Most Convenient Bank®, recently elevated Matthew (Matt) Boss to Head of U.S Consumer Banking. In his expanded role, Boss is responsible for TD's more than 1,100 store locations, contact centers, digital sales and capabilities, retail operations, U.S. Wealth, and TD Auto Finance, while continuing to oversee all consumer product teams, including deposit products, credit cards and unsecured lending and residential lending.

TD Bank, America’s Most Convenient Bank®, today announced the launch of TD Complete Checking, a new product that’s designed to help simplify and modernize the checking experience. Additionally, TD has introduced TD Early Pay, a feature that lets customers receive their eligible direct deposits up to two business days early. These innovative offerings signify TD Bank’s commitment to evolving its services in response to customer feedback, providing greater value, flexibility and control to its customer base.

Amid lingering concerns around affordability and interest rates, most first-time homebuyers still feel optimistic about the housing market in 2024 and are ready to spend, according to an annual study from TD Bank, America's Most Convenient Bank®.

TD Bank, America’s Most Convenient Bank®, today announced a special Boston Bruins commemorative pin giveaway celebrating 100 years of Boston Bruins hockey. Starting today through March 24, fans can visit any TD store in Maine, Massachusetts, New Hampshire and Vermont to receive their complimentary pin while supplies last.

TD, America’s Most Convenient Bank®, today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S. to use their mobile phone for a seamless and secure point-of-sale (POS) experience.

TD Bank, America's Most Convenient Bank®, today announced a three-year Community Impact Plan that will provide an estimated $20 billion supporting lending, philanthropy, banking access and other activities for the benefit of diverse and underserved communities. This strategy, developed with insight from the National Community Reinvestment Coalition (NCRC), will target communities across TD Bank's U.S. presence in 15 states and Washington, D.C.

TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, today announced $7 million in available grants through its 18th Annual Housing for Everyone grant program. This year, the competition will focus on non-profit organizations providing services to support independent living for marginalized community members, including rapid re-housing, permanent supportive housing or transitional housing, across the Bank's Maine-to-Florida footprint and Michigan.

TD Bank’s Retail Card Services business today announced a private label credit card partnership with Diamonds International, a fine jewelry brand with more than 125 locations worldwide.

A recent survey from TD Bank, America's Most Convenient Bank® found that more than one third (38%) of homeowners who are renovating in the next two years are using or plan to use a home equity line of credit (HELOC) or home equity loan (HE Loan) to finance their renovations. But it appears for some, that investment may be in preparation to later sell their homes.

TD Bank, America’s Most Convenient Bank® , today announced the results of its 2023 Merry Money Survey, revealing that shoppers are staying on top of their holiday budgets. In fact, 70% of respondents are planning to make a budget before they deck the halls in December. Despite their budgeting savvy, nearly all shoppers (96%) expect to overspend on gifts this holiday season.