A major bank is set to close several locations in 13 states and Washington D.C.
TD Bank, which is based in New Jersey and operates mostly on the East Coast, announced the closure of more than 50 stores as leadership shifts its focus to online banking. The bank is the 10 th largest in the U.S. based on total assets.
The closures are part of a broader plan to reduce or relocate 10% of its retail footprint. TD Bank previously closed dozens of branches in March.
“At Investor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and personalized, advice-led services,” a spokesperson told Fast Company.
“We also regularly evaluate our network to ensure we’re serving our co

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