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Small Business Optimism Jumps Ten Percent, New TD Bank Survey Shows

Retrieved on: 
Wednesday, May 8, 2024

According to the results of the 2024 Small Business Survey, released today by TD Bank, America’s Most Convenient Bank ®, a large majority of small business owners (SBOs) have a positive outlook on the future of their business.

Key Points: 
  • According to the results of the 2024 Small Business Survey, released today by TD Bank, America’s Most Convenient Bank ®, a large majority of small business owners (SBOs) have a positive outlook on the future of their business.
  • “As small businesses continue to grapple with lingering economic headwinds, having a trusted financial institution in their corner for continued guidance and financial support is crucial,” said Amy Dinkar-Patel, Head of Small Business & Commercial Distribution at TD Bank.
  • The relationship between a small business owner and their bank isn't just a financial necessity – it’s the cornerstone of enduring success, allowing business owners to weather inevitable storms with confidence.”
    This report presents the findings of a CARAVAN® survey conducted by Big Village among a sample of 1,014 small business owners and partners.
  • Small business owners are defined as respondents having less than 100 employees with a recent fiscal year revenue between $250,000 and $5 million.

TD Bank Announces Matt Boss as Head of U.S. Consumer Banking

Retrieved on: 
Tuesday, April 16, 2024

TD Bank, America's Most Convenient Bank® , recently elevated Matthew (Matt) Boss to Head of U.S Consumer Banking.

Key Points: 
  • TD Bank, America's Most Convenient Bank® , recently elevated Matthew (Matt) Boss to Head of U.S Consumer Banking.
  • View the full release here: https://www.businesswire.com/news/home/20240416163441/en/
    Matthew Boss, Head of U.S. Consumer Banking at TD Bank.
  • "I'm excited about the path ahead for TD and the U.S. Consumer Bank," said Boss.
  • Outside of TD, Boss serves as a board member of the National Forest Foundation and the Consumer Bankers Association.

TD Bank Unveils TD Complete Checking and TD Early Pay, Simplifying Customers' Banking Experiences

Retrieved on: 
Tuesday, March 26, 2024

TD Bank, America’s Most Convenient Bank® , today announced the launch of TD Complete Checking , a new product that’s designed to help simplify and modernize the checking experience.

Key Points: 
  • TD Bank, America’s Most Convenient Bank® , today announced the launch of TD Complete Checking , a new product that’s designed to help simplify and modernize the checking experience.
  • Additionally, TD has introduced TD Early Pay , a feature that lets customers receive their eligible direct deposits up to two business days early.
  • “TD Complete Checking and TD Early Pay represent a significant milestone in TD’s journey to redefine everyday banking.
  • TD Complete Checking and TD Early Pay are the latest in a series of customer-centric enhancements by TD Bank, including the launch of TD Essential Banking in 2021, which provided a low-cost, no overdraft-fee deposit account.

Nearly 75 Percent of First-time Homebuyers are Optimistic about the Current Housing Market, TD Bank Survey Finds

Retrieved on: 
Wednesday, March 13, 2024

Amid lingering concerns around affordability and interest rates, most first-time homebuyers still feel optimistic about the housing market in 2024 and are ready to spend, according to an annual study from TD Bank, America's Most Convenient Bank ®.

Key Points: 
  • Amid lingering concerns around affordability and interest rates, most first-time homebuyers still feel optimistic about the housing market in 2024 and are ready to spend, according to an annual study from TD Bank, America's Most Convenient Bank ®.
  • Additionally, more than three quarters (78%) of first-time homebuyers felt their personal financial situations are in stable condition in 2024.
  • This optimism has sprung into action with nearly all respondents (97%) having already taken steps in the homebuying process.
  • A similar survey was conducted from February 13 – March 1, 2023, among a sample of 1,007 first-time homebuyers.

TD Bank Celebrates 100 Years of The Boston Bruins with Centennial Pins

Retrieved on: 
Monday, March 11, 2024

TD Bank, America’s Most Convenient Bank® , today announced a special Boston Bruins commemorative pin giveaway celebrating 100 years of Boston Bruins hockey.

Key Points: 
  • TD Bank, America’s Most Convenient Bank® , today announced a special Boston Bruins commemorative pin giveaway celebrating 100 years of Boston Bruins hockey.
  • "As the bank of the Boston Bruins, TD Bank is proud to celebrate such an incredible milestone with some of the most passionate fans in New England and the NHL," said Sheryl McQuade, Regional President of the New England Metro, TD Bank.
  • “It’s an exciting time to be a Boston Bruins fan,” said Glen Thornborough, president of TD Garden and COO of the Boston Bruins.
  • Through the TD Bank Community Clubhouse initiative, TD Bank and the Bruins host community-based organizations with blocks of complimentary tickets at multiple games.

TD Bank Launches "Tap to Pay on iPhone" for Small and Micro Businesses

Retrieved on: 
Thursday, February 22, 2024

"By equipping small businesses with modern conveniences and more technology through solutions like Tap to Pay on TD Bank Mobile App, we're helping small businesses have a seamless payment experience that's better aligned to customer expectations."

Key Points: 
  • "By equipping small businesses with modern conveniences and more technology through solutions like Tap to Pay on TD Bank Mobile App, we're helping small businesses have a seamless payment experience that's better aligned to customer expectations."
  • "TD is on the front lines of our Main Street economies," said Amy Dinkar-Patel, Head of Small Business & Commercial Distribution at TD Bank.
  • With TD Online Accounting, TD customers can send digital invoices, accept debit and credit card payments, and streamline the cash flow and accounting of their TD Small Business Checking account.
  • For more information on TD Tap to Pay on TD Bank Mobile App, please visit: https://www.td.com/us/en/small-business/online-accounting/tap-to-pay-iphone

TD Bank Targets $20 Billion to Spark Economic Opportunities for Low- and Moderate-Income, Diverse and Underserved Communities across 15 States and Washington, D.C.

Retrieved on: 
Wednesday, January 24, 2024

When they flourish, we succeed,” said Leo Salom, President and CEO of TD Bank, America's Most Convenient Bank®.

Key Points: 
  • When they flourish, we succeed,” said Leo Salom, President and CEO of TD Bank, America's Most Convenient Bank®.
  • “One of our primary objectives as a purpose-driven bank is to help power economic opportunities that help low- and moderate-income (LMI), diverse and underserved communities achieve their financial goals.
  • TD Bank will create a lending Special Purpose Credit Program for small businesses that are registered Minority Business, women-owned or veteran-owned enterprises.
  • Engage and support Historically Black Colleges and Universities (HBCUs) through recruitment of students and alumni and enhancement of financial access.

$7 Million in Grants Available to Support Independent Living for Marginalized Communities through TD Charitable Foundation

Retrieved on: 
Tuesday, January 9, 2024

TD Charitable Foundation , the charitable giving arm of TD Bank , America's Most Convenient Bank®, today announced $7 million in available grants through its 18th Annual Housing for Everyone grant program.

Key Points: 
  • TD Charitable Foundation , the charitable giving arm of TD Bank , America's Most Convenient Bank®, today announced $7 million in available grants through its 18th Annual Housing for Everyone grant program.
  • This year, the competition will focus on non-profit organizations providing services to support independent living for marginalized community members, including rapid re-housing, permanent supportive housing or transitional housing, across the Bank's Maine-to-Florida footprint and Michigan.
  • The end of many pandemic-era programs, combined with the financial insecurity of low-income renters is leading to higher eviction filing rates and increased homelessness, particularly amongst marginalized communities," said Paige Carlson-Heim, Director of the TD Charitable Foundation.
  • I am grateful to TD Charitable Foundation for their support and partnership."

TD Bank and Diamonds International® Announce Private Label Credit Card Program

Retrieved on: 
Tuesday, December 5, 2023

TD Bank’s Retail Card Services business today announced a private label credit card partnership with Diamonds International , a fine jewelry brand with more than 125 locations worldwide.

Key Points: 
  • TD Bank’s Retail Card Services business today announced a private label credit card partnership with Diamonds International , a fine jewelry brand with more than 125 locations worldwide.
  • "We are excited to partner with Diamonds International to offer a private label credit card program," said Danielle Vincent, Head of Retail Card Services at TD Bank.
  • Diamonds International specializes in tax and duty-free jewelry with locations in more than 26 different ports, allowing customers to commemorate special occasions and vacations in style.
  • TD Bank's Retail Card Services business ( www.tdpartnershipprograms.com ) launches and administers credit card programs for merchants across all sales channels.

Most Homeowners Feel Optimistic about Their Increasing Equity with Many Planning to Tap into It for Renovations

Retrieved on: 
Wednesday, November 15, 2023

As potential homebuyers continue to navigate higher interest rates and lower inventory, current homeowners are optimistic about the equity building in their homes.

Key Points: 
  • As potential homebuyers continue to navigate higher interest rates and lower inventory, current homeowners are optimistic about the equity building in their homes.
  • Eighty-three percent of respondents believe their home equity has increased within the last year, with 57% of those who know their home equity estimating they have $100,000 or more.
  • A recent Black Knight report shared the average homeowner has $199,000 in home equity as of June – up $14,000 from Q1 of 2023.
  • In fact, over two-thirds (69%) of homeowners are currently renovating or plan to renovate their home in the next two years.