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TD Bank, N.A.
TD Bank, N.A. (previously TD Banknorth) is an American national bank and the United States subsidiary of the Canadian multinational TD Bank Group. It operates primarily across the East Coast, in 15 U.S. states and Washington, D.C. TD Bank is the seventh-largest U.S. bank by deposits and the 10th largest bank in the United States by total assets, resulting from a series of several mergers and acquisitions. TD Bank, N.A. is headquartered in Cherry Hill, New Jersey, an inner suburb outside Philadelphia. TD Bank is a federally chartered bank, thus its trading name bears "N.A." letters. In August 2004, Toronto-Dominion Bank became the majority owner, rebranding the Banknorth Group, Inc. to TD Banknorth, N.A. All remaining shares of TD Banknorth were acquired by Toronto-Dominion Bank on April 20, 2007. On April 10, 2008, TD Banknorth acquired New Jersey–based Commerce Bank and rebranded to simply TD Bank, with joint headquarters in Cherry Hill, New Jersey and Portland, Maine. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhode Island
Rhode Island ( ) is a state in the New England region of the Northeastern United States. It borders Connecticut to its west; Massachusetts to its north and east; and the Atlantic Ocean to its south via Rhode Island Sound and Block Island Sound; and shares a small maritime border with New York, east of Long Island. Rhode Island is the smallest U.S. state by area and the seventh-least populous, with slightly more than 1.1 million residents . The state's population, however, has continually recorded growth in every decennial census since 1790, and it is the second-most densely populated state after New Jersey. The state takes its name from the eponymous island, though most of its land area is on the mainland. Providence is its capital and most populous city. Native Americans lived around Narragansett Bay before English settlers began arriving in the early 17th century. Rhode Island was unique among the Thirteen British Colonies in having been founded by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inner Suburb
An inner suburb is a suburban community central to a large city, or at the inner city and central business district. The urban density is usually lower than the inner city or central business district, but higher than that of the city's rural–urban fringe, or exurbs. Commonwealth of Nations In the Commonwealth countries (especially England and New Zealand), inner suburbs are the part of the urban area that constitutes the zone of transition, which lies outside the central business district, as well as the (traditional) working class zone. The inner suburbs of large cities are the oldest and often the most dense residential areas of the city. They tend to feature a high level of mixed-use development. Traditionally, suburbs have been home to the working class, but as manufacturing jobs have migrated to the periphery of cities, many inner suburbs have become gentrified. United States In the United States, inner suburbs (sometimes known as "first-ring" suburbs) are th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Headquarters
Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, military organizations, religious groups, sports leagues and so on. It usually implies a geographically dispersed organization with a clear hierarchical structure. Corporate In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The value added, intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, corporate tax, tax payments, legal, legal operations, marketing, finance, human resources, information technology, and pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Banks In The United States
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2024 per the Federal Financial Institutions Examination Council, along with the market capitalization of public banks. In the second quarter of 2024, there were 3,985 commercial banks and 554 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.9 trillion in assets. The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of ... but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Coast Of The United States
The East Coast of the United States, also known as the Eastern Seaboard, the Atlantic Coast, and the Atlantic Seaboard, is the region encompassing the coast, coastline where the Eastern United States meets the Atlantic Ocean; it has always played a major socioeconomic role in the development of the United States. The region is generally understood to include the U.S. states that border the Atlantic Ocean: Connecticut, Delaware, Florida, Georgia (U.S. state), Georgia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York (state), New York, North Carolina, Rhode Island, South Carolina, and Virginia, as well as some landlocked territories (Pennsylvania, Vermont, West Virginia and Washington, D.C.). Toponymy and composition The Toponymy, toponym derives from the concept that the contiguous 48 states are defined by two major coastlines, one at the West Coast of the United States, western edge and one on the eastern edge. Other terms for referring to this area include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association (Banking)
In the United States, a national bank is an ordinary private bank operating within the federal government's regulatory structure, which usually but not always operates in multiple U.S. states, and is under the supervision of the Office of the Comptroller of the Currency. Depending on the matter, it also may have to comply with some U.S. state regulations. It is legally required to be a member of the Federal Reserve System. A national bank in the U.S. is distinguished from a State bank (United States), state bank, whose permit or charter is granted by one of the U.S. states, and can only do business in that state. Overview The term ''national bank'' in the U.S. context originally referred to the American Revolution, Revolutionary War–era Bank of North America, its successor, the First Bank of the United States, or that institution's successor, the Second Bank of the United States. The first survives as an acquisition of Wells Fargo, while the others are defunct. In the modern us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto-Dominion Bank
Toronto-Dominion Bank (), doing business as TD Bank Group (), is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank was created on February 1, 1955, through the merger of the Bank of Toronto and the Dominion Bank, which were founded in 1855 and 1869, respectively. It is one of two Big Five banks of Canada founded in Toronto, the other being the Canadian Imperial Bank of Commerce. In 2021, according to Standard & Poor's, TD Bank Group was the largest bank in Canada by total assets and also by market capitalization, a top 10 bank in North America, and the 23rd largest bank in the world. In 2019, it was designated a global systemically important bank by the Financial Stability Board. In 2023, the company was ranked 43rd in the Forbes Global 2000. The bank and its subsidiaries have over 89,000 employees and over 26million clients worldwide. In Canada, the bank operates through its TD Canada Trust division and serve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
