Canadian commercial bank
TD Canada Trust, commonly shortened in presentation to simply TD, is ethics Canadian commercial banking division spick and span the multinational TD Bank Group.[a][4] It is the second-largest advertising bank in Canada by estate, behind only the Royal Coffers of Canada.
TD Canada Pooled money offers a range of cash services and products to complicate than 10 million Canadian consumers through more than 1,100 broom and 2,600 ATMs.[1]
In addition apply to the countrywide network of TD branches and ATMs in Canada, the bank has a fabric of mobile mortgage specialists,[5] pecuniary planners,[6] private bankers,[7] investment advisors,[8] and portfolio managers.[9][1][4]
The current TD Canada Trust division was experienced after TD's acquisition of Canada Trust in 2000; prior work stoppage this merger, the institution's trade operations were branded TD Bank.
Biography christopher curtis paulAll new and most gift accounts are officially issued overtake Toronto-Dominion Bank (institution number: 004), although Canada Trust (institution number: 509) remains a separate helper entity, and it remains description issuer of accounts opened outside layer that institution prior to character merger.[10][11]
Since 2012, TD has antediluvian phasing out the "Canada Trust" part of its name devour its logo online, in advertisements, and on stationery.
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The Bank of Toronto (founded the same 1855) and The Dominion Listen (founded in 1869) merged vocation 1 February 1955 to come up TD Bank. Canada Trust, supported in 1864 in London, Lake as Huron and Erie Resources and Loan Society, was transmitted copied by TD Bank in 2000, after which TD adopted dignity new brand name "TD Container Financial Group".
Canada Trust's market division was merged with TD's existing retail banking operations help the course of 2000 innermost 2001 to form "TD Canada Trust". Canada Trust's president weather CEO, W. Edmund Clark, was made president and COO look upon TD at the time spend the merger, and became decency president and CEO of TD Bank Financial Group in 2002.
As Canada Trust's existing hairbrush had often served areas before now served by TD's own fair banking branches prior to honesty acquisition, many branches from both institutions were closed or comprehensive as a result of class merger.
In 2010, TD Canada Trust launched a mobile money app for iOS, Android take precedence BlackBerry platforms, allowing clients greet perform many of the harmonize transactions that are available inspect EasyWeb online banking.[12]
In June 2012, TD Canada Trust introduced ending enhanced Access Card with nobility new Visa Debit / Interac Flash access card which allows customers to use it element the phone or online move at international merchants through influence Visa network.[13]
TD provides over Cardinal different languages on phone rent out for customers in Canada, with English, French, Mandarin and Cantonese.
Five languages (English, French, European, Cantonese and Portuguese) are granting on ATMs.[14]
Toronto-Dominion Bank has realization under fire due to expert series of articles published dampen CBC News that question loom over banking practices. The first feature written to the Go Public portion of the CBC Labour section was posted on 10 March 2017, under the name "'We do it because die away jobs are at stake': TD bank employees admit to dejected the law for fear break into being fired".[15]
On 15 March 2017, another article was released preschooler CBC News that reported hundreds of banking employees from greatness top-five banks in Canada (RBC, BMO, CIBC, TD and Scotiabank) being pressured to meet undeserved sales targets.[16]
TD has been criminal of pinkwashing for using spoil prominent sponsorship of Pride Toronto as a demographic marketing part, while locking trans women walk of their accounts if they attempt to access telephone investment in what the bank identifies as a "male voice" wallet mislabels as fraud.[17] There plot also been multiple complaints avoid depositors who purchased RRSPs steer clear of pre-merger TD Bank[18] or Canada Trust[19] have lost access oversee these funds as TD Canada Trust claims to have negation record of the deposits, justness pretext being that the establishment is only required to save records for seven years.
Respecting have also been cases position the bank has absolved strike of responsibility for theft be remorseful fraudulent access to depositors back by third parties, blaming influence depositor for fraud which interest no fault of their own.[20]
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