Introduction

TD Bank

TD Bank is one of the 15 largest commercial banks in the U.S and a member of TD Bank Financial Group of Toronto, Canada, a top 100 financial services company in North America. TD Bank is also rated one of just three triple-AAA-rated banks on the New York Stock Exchange. There are more than 23,000 employees in over 1300 retail stores from Maine to Florida. The Bank offers retail, small business and commercial banking products and services to more than 6.5 million Customers.

In addition to banking products, the Bank and its subsidiaries provide their customers with wealth management services through TD Wealth Management, and insurance products and services through TD Insurance, Inc. which is one of the largest insurance agencies in the Northeast. They are known for their legendary customer service and open 7 days a week and closed four days out of the year.

History

Td bank has been providing service for over 150 years. In 1852, the company first opened its doors as Portland Savings Bank in Portland, Maine. Over the years and through a series of mergers, they became Peoples Heritage Bank in 1983. After the millennium and several acquisitions, they took the name Banknorth. In 2004, Banknorth caught the eye of TD Bank Financial Group of Toronto, Canada and they were Banknorth’s majority shareholder which lead to the name TD Banknorth and the purchase by TD Bank Financial Group in 2007. TD Bank Financial Group acquired Commerce Bank on March 31, 2008, and the company rebranded as TD Bank, America's Most Convenient Bank. The mergers of Commerce bank and TD Banknorth was completed in September 2009 under the TD Bank brand name.

CEO Bharat B. Masrani

Bharat B. Masrani is Group Head, U.S. Personal and Commercial Banking, TD Bank Financial Group and President and Chief Executive Officer of TD Bank, America's Most Convenient Bank. Bharat has over 22 years of banking experience and is a member of the TD Bank Board of Directors. He began his banking career with TD Bank Financial Group in 1987.  Prior to his role at TD Bank, he served as Vice Chair and Chief Risk Officer of TD Bank Financial Group. His previous roles also include Senior Vice President and Chief Executive Officer of TD Waterhouse Investor Services in Europe; Senior Vice President, Corporate Finance and Co-Head in Europe; Vice President and Country Head for India; and Vice President and Head, Corporate Banking Canada.