NJBIZ, January 26, 2024, TD Bank Commits $20B To 3-year Community Impact Plan
Developed with the National Community Reinvestment Coalition, the plan is a smaller-scale outline than the five-year, $50 billion vision TD Bank announced in February 2023. That version was contingent on a $13.4 billion planned merger with First Horizon Corp., which was called off in May 2023.
A representative for TD Bank – which has its US headquarters in Cherry Hill – told NJBIZ that the financial institution still “felt strongly that we wanted to uphold our community commitment and we were thoughtful in crafting the Community Impact Plan so that our impact will be of a similar scale, just in a smaller geography and in three years.”
