All Brands Owned by TD Bank, N.A.

Is TD Bank a subsidiary of a bigger company?
Yes. TD Bank, N.A. is the U.S. banking subsidiary of Toronto-Dominion Bank, Canada's second-largest bank, headquartered in Toronto and listed on the NYSE and TSX under TD.

Is TD Bank publicly traded?
Not separately. Parent TD Bank Group trades under TD on the NYSE and TSX.

When was TD Bank founded?
The U.S. charter traces to Portland Savings Bank (1852). The modern TD Bank formed in 2008-2009 when TD Banknorth combined with Commerce Bank.

Who owns TD Bank in 2026?
Toronto-Dominion Bank wholly owns TD Bank. Leo Salom heads U.S. banking; Raymond Chun leads TD Bank Group.

Why is TD Bank under an asset cap?
In October 2024, TD pleaded guilty to AML program failures and money laundering conspiracy, paying ~$3.09 billion. The OCC capped combined U.S. bank assets at $434 billion with an independent monitor until remediation is validated.

Is TD Bank still expanding?
Yes. In September 2026 the bank announced 100 new branches through 2028, focused on the Northeast plus Florida and the Carolinas, subject to regulatory approval.