TD Bank closing 38 locations to align with customer needs, CEO focusing on strengthening foundation.

From Yahoo Finance: 2025-05-10 14:47:00

TD Bank is closing 38 locations on June 5 after evaluating its stores to better align with customer needs. The bank recently opened three new stores but had to pay over $3 billion in penalties last year for money laundering crimes, prioritizing profits over compliance. CEO Ray Chun is focused on strengthening the bank’s foundation.



Read more at Yahoo Finance: See list of shuttering locations