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词条 TD Bank, N.A.
释义

  1. History

  2. Legal actions and public controversies

     2012 data breach  TCPA class action lawsuit  Coin-count machine lawsuit  Blocking cryptocurrency  

  3. See also

  4. Notes

  5. External links

{{About|the United States based bank|the Canadian parent company|Toronto-Dominion Bank}}{{Infobox company
|name = TD Bank, N.A.
|logo = TD Bank.svg
|type = Subsidiary
|industry = Banking, Financial services
|foundation = {{start date and age|1852|1}}
Portland, Maine, U.S.
|location = Cherry Hill, New Jersey, U.S.[1]
|locations = 1,301[2]
|area_served = Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Virginia, Washington, D.C.
|key_people = Greg Braca {{small|(CEO)}}
|num_employees = 26,000+
|parent = Toronto-Dominion Bank
|homepage = tdbank.com
}}TD Bank, N.A., is a U.S. national bank and subsidiary of the Canadian multinational Toronto-Dominion Bank. It operates primarily across the East Coast, in fifteen U.S. states and Washington, D.C. TD Bank is the seventh-largest U.S. bank by deposits[3] and the 9th largest bank in the United States by total assets, resulting from many mergers and acquisitions. T.D. Bank, N.A. is headquartered in Cherry Hill, New Jersey.[1]

History

It is a successor to the Portland Savings Bank, which later became Banknorth.[4] The bank took its current name, TD Bank, N.A., in 2008, through the acquisition and renaming of Commerce Bank and its subsequent merger with TD Banknorth. The bank's "TD" initials, first popularized in Canada, are used officially for all American operations. In 2013, TD Bank, N.A. centralized its headquarters in Cherry Hill, New Jersey, U.S.[1]

Legal actions and public controversies

2012 data breach

In October 2012, the Massachusetts attorney general announced that TD Bank misplaced unencrypted backup tapes with "extensive customer information, including Social Security numbers and bank account numbers." The bank initially refused to state how many customers were affected. After an inquiry by the attorney general, it stated 267,000 customers. The bank waited more than six months to notify customers.[5]

TCPA class action lawsuit

In October, 2015, a class action lawsuit was filed against TD Bank claiming that it violated the Telephone Consumer Protection Act of 1991.[6] The lawsuit stated that the bank called consumers up to 10 times a day.[7]

As of July 3, 2017, all but 1 of the claims were tossed out by Judge Jerome B. Simandle.[8]

Coin-count machine lawsuit

The bank was sued in 2016 for allegations that their coin counting machines, "Penny Arcades," were inaccurately counting coins.[9] The lawsuit estimates that 26 cents out of every $100 was not counted, totaling to $9 million.[10]

Blocking cryptocurrency

In October, 2017, customers reported that TD Bank blocked credit card purchases of bitcoin and other cryptocurrencies. A bank representative said "the institution does not support Bitcoin, nor does it 'deal with the kind of business'."[11]

See also

  • TD Garden (Boston, Massachusetts)
  • TD Bank Ballpark (Bridgewater, New Jersey)
  • TD Ameritrade Park Omaha (Nebraska)

Notes

1. ^[https://newscenter.td.com/us/en/contact-us]. TD Bank, N.A.. Accessed December 9, 2018.
2. ^ . TD Bank website. Retrieved 2015-03-19.
3. ^[https://www.usbanklocations.com/bank-rank/total-deposits.html?d=2018-09-30] Accessed December 9, 2018.
4. ^Company History. TD Bank, N.A., website. Retrieved on 2010-08-30.
5. ^{{cite news|title=TD Bank data breach affects 267,000 customers, including 73,000 in Massachusetts|url=http://www.boston.com/businessupdates/2012/10/12/bank-data-breach-affects-maine/1aVgFQdpoRkXmqxT6Q25AM/story.html|first=Todd|last=Wallack|work=The Boston Globe|accessdate=October 13, 2012|quote=The bank told customers that two tapes disappeared in transit while being shipped to one of its location in March. The company has not been able to find the tapes. The tapes were unencrypted and contained extensive customer information, including Social Security numbers and bank account numbers, the bank told the office of Massachusetts Attorney General Martha Coakley.}}
6. ^{{cite web|title=TD Bank Hit with TCPA Class Action Lawsuit|url=https://www.highbeam.com/doc/1G1-433051419.html|archive-url=https://web.archive.org/web/20171020084046/https://www.highbeam.com/doc/1G1-433051419.html|dead-url=yes|archive-date=20 October 2017|publisher=Mondaq Business Briefing|accessdate=19 October 2017}}
7. ^{{cite web|last1=Jones|first1=Diana|title=TD Bank Sued Over Robotcalls|url=https://www.law360.com/articles/719430/td-bank-sued-over-robocalls|publisher=Law360|accessdate=19 October 2017}}
8. ^{{cite web|title=Martinez v. TD Bank USA, N.A.|url=https://www.law360.com/cases/562f8a2d87fc501562000003|publisher=law360.com|accessdate=19 October 2017}}
9. ^{{cite web|last1=DeAngelis|first1=Martin|title=Customer Sues TD Bank, Saying Coin-Count Machines Were Ripoff|url=https://www.highbeam.com/doc/1P3-4039815151.html|archive-url=https://web.archive.org/web/20171020084224/https://www.highbeam.com/doc/1P3-4039815151.html|dead-url=yes|archive-date=20 October 2017|publisher=Press of Atlantic City|accessdate=19 October 2017}}
10. ^{{cite web|last1=Walsh|first1=Josh|title=TD may pay $7.5 million to Penny Arcade users|url=http://www.courierpostonline.com/story/news/local/south-jersey/2017/06/26/td-penny-arcade-lawsuit-settlement/429290001/|publisher=Courier Post Online|accessdate=19 October 2017}}
11. ^{{cite web|last1=Buntinx|first1=BJ|title=TD Bank Prevents Customers From Buying Bitcoin and Other Cryptocurrencies|url= themerkle.com/td-bank-prevents-customers-from-buying-bitcoin-and-other-cryptocurrencies/|publisher=The Merkle|accessdate=19 October 2017}}

External links

  • TD Bank official website
  • [https://rtn.one/td-bank-na The list of routing numbers] of TD Bank N.A.
  • [https://www.bank-locations.us/td-bank TD Bank Information]
  • TD Bank Routing Number
{{50 largest US banks}}{{Philadelphia Corporations}}{{DEFAULTSORT:Td Bank, N.A.}}

14 : Toronto–Dominion Bank|Cherry Hill, New Jersey|Economy of Portland, Maine|Companies based in Camden County, New Jersey|Companies based in Portland, Maine|Banks based in New Jersey|Banks based in Maine|Economy of the Northeastern United States|Economy of the Southeastern United States|Holding companies of the United States|Banks established in 1852|Banks of the United States|1852 establishments in Maine|American subsidiaries of foreign companies

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