TD Bank Will Be Closing Branches in 10 States: Is Yours One of Them?
Written by
Angela Mae
Edited by
Amber Barkley
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Due to a $3 billion settlement with the U.S. Department of Justice, TD Bank has decided to close 38 total branches in the United States by June 5, 2025. These closures will take place in 10 states, most of which are located in the Northeast, Mid-Atlantic and Southeastern regions of the country.
TD Bank will be closing the following branch locations.
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Connecticut
- North Branford: 1289 Foxon Rd., North Branford
- Torrington Commons: 215 High St., Torrington
Florida
- Beville Nova: 1590 South Nova Rd., Daytona Beach
- Main Blvd: 160 NW Main Blvd., Lake City
- South Beach 5th Street: 500 Collins Ave., Miami Beach
Maine
- Fairfield: 112 Main St., Fairfield
- Fort Kent: 62 West Main, Fort Kent
- Gorham: 95 Main St., Gorham
- Houlton: 6 North St., Houlton
Massachusetts
- Bradford: 860 South Main St., Bradford
- East Longmeadow: 465 North Main St., East Longmeadow
- Framingham: 420 Franklin St., Framingham
- Holyoke: 50 Holyoke St., Holyoke
- Methuen: 547 Broadway, Methuen
- Tewksbury: 2345 Main St., Tewksbury
New Hampshire
- Bristol: 10 North Main St., Bristol
- Contoocook: 884 Main St., Contoocook
- Hampton: 40 High St., Hampton
- Wilton: 905 Elm St., Wilton
New Jersey
- Cedar Grove: 85-107 Pompton Ave., Cedar Grove
- Marlton: 191 E Route 70, Marlton
- Ringwood: 145 Skyline Dr., Ringwood
- Raritan Township: 1 Royal Rd., Raritan Township
- Spring Lake Heights: 555 Warren Ave., Spring Lake Heights
New York
- 42nd and Madison: 125 Park Ave., New York
- 45th and Lexington: 451 Lexington Ave., New York
- Dolson Avenue: 156A-B Dolson Ave., Middletown
- Downtown: 136 Margaret St., Plattsburgh
- Greenlawn: 460 Pulaski Rd., Greenlawn
Pennsylvania
- Chestnut Hill: 8600 Germantown Pike, Philadelphia
- Frazer: 101 Lancaster Ave., Frazer
- Morrisville: 346 W Trenton Ave., Morrisville
South Carolina
- Columbia Main: 1501 Main St., Columbia
- Thornblade: 6 Elmshorn Dr., Greer
Virginia
- Centreville: 6200 Multiplex Dr., Centreville
- Reston: 1750 North Hampton Ave., Reston
Washington, D.C.
- Georgetown: 1611 Wisconsin Ave. NW, Washington, D.C.
Why Banks Close Their Branches
TD Bank’s decision to close its branches may come off the heels of the settlement, but there are many reasons why financial institutions shut down different locations.
“Banks usually close branches because the area is not likely to be profitable for them or they already have too many branches in that area for the population,” said Gates Little, president and CEO of altLINE and The Southern Bank Company. “They may also close the branch because their strategy has changed, and they believe that they can serve customers more efficiently through apps or online options.”
Your Options as a Customer
If your local TD branch is closing, you can always check TD Bank’s official website to find out where other branches are located. Or you can run a quick internet search to do the same thing.
And if you’re thinking about switching banks altogether, your options include:
- Switch to online banking: You can often get everything you need without ever having to go to a physical branch.
- Find a smaller bank: If you prefer an in-person experience, look for a small or local bank in your area.
- Look for a bank with a strong presence in your area: You can also choose a well-known national or international institution. Do a little research to find out where its headquarters is located and how many branches it has. If it’s well-established with a good reputation, there’s a lower chance of it closing in the future.
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