With $311 trillion in assets, TD Bank is also the combination of several banks. Over the years, it has gone by the name Portland Savings Bank, Banknorth and now TD Bank. In 2008, it acquired Commerce Bank and then merged with Canadian TD Banknorth.
The TD in TD Bank actually stands for Toronto-Dominion. Though its parent company is Canadian, the U.S. subsidiary has headquarters in Cherry Hill, New Jersey, and 1,242 branches in the country.
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