TD Bank (United States)

TD Bank, N.A. (previously TD Banknorth) is an American national bank and the United States subsidiary of the Canadian multinational TD Bank Group. It operates primarily across the East Coast, in 15 U.S. states and Washington, D.C. TD Bank is the seventh-largest U.S. bank by deposits and the 10th largest bank in the United States by total assets, resulting from a series of several mergers and acquisitions. TD Bank, N.A. is headquartered in Cherry Hill, New Jersey, an inner suburb eight miles (13 km) outside Philadelphia. TD Bank is a federally chartered bank, thus its trading name bears "N.A." letters.

In August 2004, Toronto-Dominion Bank became the majority owner, rebranding the Banknorth Group, Inc. to TD Banknorth, N.A. All remaining shares of TD Banknorth were acquired by Toronto-Dominion Bank on April 20, 2007. On April 10, 2008, TD Banknorth acquired New Jersey–based Commerce Bank and rebranded to simply TD Bank, with joint headquarters in Cherry Hill, New Jersey and Portland, Maine. The legal name of the bank was changed to TD Bank, N.A. on May 31, 2008, with all TD Banknorth branches outside of New England and all Commerce Bank branches being rebranded in the fall of 2008. The remaining branches, in New England, took on the new name in September 2009.

On October 10, 2024, in a historic settlement with U.S. authorities, TD pleaded guilty and agreed to pay $3 billion in combined penalties for money laundering conspiracy over a decade, including failure to monitor trillions in potentially suspicious transactions annually, necessitating a four-year independent monitorship and comprehensive AML reforms.