Popular TD Bank will be closing 39 of its branches by June 5.
"We’ve made the difficult decision to eliminate some roles that are no longer aligned with our business model," TD Bank said in a statement, adding "…We are committed to supporting impacted colleagues fairly, with respect and providing resources to assist with the transition," according to The Street.
The branches that are closing are located in nearly one dozen states. A full list of closing branches is below.ConnecticutNorth Branford – 1289 Foxon Road, North BranfordTorrington Commons – 215 High St, TorringtonDistrict of ColumbiaGeorgetown – 1611 Wisconsin Avenue NW, Washington, D.C.Florida Beville Nova – 1590 South Nova Road, Daytona BeachMain Blvd – 160 NW Main Blvd, Lake CitySouth Beach 5th Street – 500 Collins Avenue, Miami BeachMaineFairfield – 112 Main St, FairfieldFort Kent – 62 West Main, Fort KentGorham – 95 Main Street, GorhamHoulton – 6 North St, HoultonMassachusettsBradford – 860 South Main St, BradfordEast Longmeadow – 465 North Main St, East LongmeadowFramingham – 420 Franklin St, FraminghamHolyoke – 50 Holyoke St, HolyokeMethuen – 547 Broadway, MethuenTewksbury – 2345 Main Street, TewksburyNew HampshireBristol – 10 North Main St, BristolContoocook – 884 Main St, ContoocookHampton – 40 High St, HamptonWilton – 905 Elm St, WiltonNew JerseyCedar Grove – 85-107 Pompton Avenue, Cedar GroveMarlton – 191 E Route 70, MarltonRingwood – 145 Skyline Drive, RingwoodRaritan Township – One Royal Rd, Raritan TownshipSpring Lake Heights – 555 Warren Avenue, Spring Lake HeightsNew York42nd and Madison – 125 Park Avenue, New York45th and Lexington – 451 Lexington Avenue, New YorkDolson Avenue – 156A-B Dolson Avenue, MiddletownDowntown – 136 Margaret Street, PlattsburghGreenlawn – 460 Pulaski Road, GreenlawnPennsylvaniaChestnut Hill – 8600 Germantown Pike, PhiladelphiaFrazer – 101 Lancaster Avenue, FrazerMorrisville – West Trenton Ave & Carlisle Ave, MorrisvilleSouth CarolinaColumbia Main – 1501 Main Street, ColumbiaThornblade – 6 Elmshorn Drive, GreerVirginiaCentreville – Centreville Drive and Machen Road, CentrevilleReston – 1750 North Hampton Avenue, Reston
Back in March, Newsweek reported that the decision to close these branches stems from a "$3 billion settlement with the U.S. Department of Justice over money-laundering violations."
TD Bank has been an established financial institution since 1919 though it didn't go through rapid growth until the 50s, according to its website. Though its shuttering some of its branch locations, the company itself is still in business and customers will still be able to do their banking through the institution. There are more than 1,100 branch locations across the United States.
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