TD Canada Trust

TD Canada Trust
Company typeDivision
IndustryFinancial services
Founded2000; 24 years ago (2000)
Headquarters
Toronto, Ontario
,
Canada
Number of locations
Approximately 1,100 branches, and 2,600 ATMs[1]
Area served
Canada
Key people
Bharat Masrani (CEO of TD Bank Group)
ServicesBanking
Revenue
  • Increase CA$43.6 billion
  • CA$41.1 billion [2]
ParentTD Bank Group
Websitewww.td.com/ca/en/personal-banking

TD Canada Trust, commonly shortened in marketing to simply TD, is the Canadian commercial banking division of the multinational TD Bank Group.[a][4] It is the second-largest commercial bank in Canada by assets, behind only the Royal Bank of Canada. TD Canada Trust offers a range of financial services and products to more than 10 million Canadian customers through more than 1,100 branches and 2,600 ATMs.[1]

In addition to the countrywide network of TD branches and ATMs in Canada, the bank has a network of mobile mortgage specialists,[5] financial planners,[6] private bankers,[7] investment advisors,[8] and portfolio managers.[9][1][4]

The current TD Canada Trust division was formed after TD's acquisition of Canada Trust in 2000; prior to this merger, the institution's retail operations were branded TD Bank. All new and most existing accounts are officially issued by Toronto-Dominion Bank (institution number: 004), although Canada Trust (institution number: 509) remains a separate subsidiary entity, and it remains the issuer of accounts opened at that institution prior to the merger.[10][11]

Since 2012, TD has been phasing out the "Canada Trust" part of its name from its logo online, in advertisements, and on stationery. [citation needed]

  1. ^ a b c "Welcome to TD Bank Financial Group". TD Bank Financial Group. Retrieved 15 March 2013.
  2. ^ "TD Bank Group Reports Fourth Quarter and Fiscal 2020 Results". Newswire (Press release). TD Bank Group. 3 December 2020. Retrieved 4 December 2020.
  3. ^ "Protecting Your Deposits". TDCanadaTrust.com. Retrieved 21 May 2024. The following TD Bank Group entities are CDIC member institutions[:] The Toronto-Dominion Bank [...] These entities operate under the trade name TD Canada Trust.
  4. ^ a b Yusufali, Sasha (2012). "TD Bank Financial Group". The Canadian Encyclopedia. Archived from the original on 20 February 2014. Retrieved 15 March 2013.
  5. ^ "Mortgage Specialists". TD. Retrieved 6 August 2021.
  6. ^ "Financial Planners". TD. Retrieved 6 August 2021.
  7. ^ "Private Bankers". TD. Retrieved 6 August 2021.
  8. ^ "Investment Advisors". TD. Retrieved 6 August 2021.
  9. ^ "Portfolio Managers". TD. Retrieved 6 August 2021.
  10. ^ "About Our Accounts and Related Service" (PDF). TD Canada Trust. 1 August 2012. Retrieved 15 March 2013.[permanent dead link]
  11. ^ "Rule D4: Institution Numbers and Clearing Agengy/Representative Arrangements" (PDF). Canadian Payments Association. December 2012. Archived from the original (PDF) on 27 December 2010. Retrieved 15 March 2013.


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