Expansion brings critical financial services
to rapidly expanding metro area
CHERRY
HILL, N.J., Sept. 15,
2022 /PRNewswire/ -- TD Bank, America's Most
Convenient Bank®, announced today that it currently
plans to build approximately 15 stores in Charlotte, North Carolina, by 2025 to serve
the city's rapidly increasing population. The bank anticipates
opening an initial set of stores in summer 2023 at 2020 Beatties
Ford Road and 6611 Carmel Road.
At least 25% of the total retail banking locations will be in
majority-minority or low-to-moderate (LMI) income areas to ensure
more residents have neighborhood access to a bank and financial
services, including the Beatties Ford location.
"Charlotte is one of the
fastest-growing markets in the country, with significant economic
and population growth," said Leo
Salom, President and CEO, TD Bank. "We recognize the need
for many consumers to obtain convenient access to banking services
and we look forward to serving these diverse communities."
The new locations are expected to bring approximately 100 full-
and part-time jobs to Charlotte,
adding to the bank's nearly 200 metro employees. TD Bank currently
has 11 stores in North Carolina in
the Western North Carolina and
Wilmington areas.
TD Bank already serves customers and local businesses in
Charlotte and has had a non-retail
presence in the metro in several services – including Commercial
Real Estate, Middle Market and Commercial lending segments – since
2013. TD plans to expand its market share in these areas as well,
and recently hired two Middle Market relationship managers in
Charlotte to further serve the
region's mid-size, nonprofit and higher education
organizations.
"The greater Charlotte area is
increasingly attractive to new residents and companies, and TD Bank
is well positioned to serve all customers and businesses, wherever
they are on their financial journey," said Hugh Allen, Regional President of the Mid-South
Metro, TD Bank.
TD stores offer a variety of products and services, including
personal checking and savings accounts, small business checking and
savings accounts, mortgages, credit cards, home equity lines of
credit and personal loans. In addition to teller counter and
drive-thru service, many locations include an advice center for
customers.
"A key part of TD Bank's culture is our passion for our
customers and communities and creating legendary experiences that
highlight our Unexpectedly Human brand," said Ernie Diaz, Head of Consumer Distribution, U.S.
Wealth and TD Auto Finance, TD Bank. "We are excited to provide
Charlotteans our relentless focus on customer centricity and a
modern, convenient banking experience."
About TD Bank, America's Most Convenient
Bank®
TD Bank, America's Most Convenient Bank, is one of the 10
largest banks in the U.S., providing over 9.8 million
customers with a full range of retail, small business and
commercial banking products and services at more than 1,100
convenient locations throughout the Northeast, Mid-Atlantic, Metro
D.C., the Carolinas and Florida.
In addition, TD Auto Finance, a division of TD Bank,
N.A., offers vehicle financing and dealer commercial
services. TD Bank and its subsidiaries also offer customized
private banking and wealth management services through TD
Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more,
visit www.td.com/us. Find TD Bank on Facebook
at www.facebook.com/TDBank and on Twitter
at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank
Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services
company in North America. The
Toronto-Dominion Bank trades on the New
York and Toronto stock
exchanges under the ticker symbol "TD". To learn more,
visit www.td.com/us.
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SOURCE TD Bank