TD Bank Commits $20 Billion
/TD Bank Commits $20 Billion to Spark Economic Opportunities for Low- and Moderate-Income, Diverse and Underserved Communities across 15 States and Washington, D.C.
Community Impact Plan continues TD's local engagement with three-year roadmap
TD Bank's recently announced three-year Community Impact Plan will provide an estimated $20 billion supporting lending, philanthropy, banking access and other activities for the benefit of diverse and underserved communities.
The strategy, developed with insight from the National Community Reinvestment Coalition (NCRC), will target communities across TD Bank's U.S. presence in 15 states and Washington, D.C.
“TD Bank knows that we can only declare success as an institution when the people and businesses from all the communities we serve are flourishing,” 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. Our Community Impact Plan is designed to achieve that vital role as we build on TD's long-term community focus.”
The Community Impact Plan expands TD's mission to positively impact social and economic outcomes for all who live in the communities it serves and enhance financial inclusion for diverse and underserved individuals and businesses. Read more.
