The merger of the Toronto Dominion Bank and Canada Trust created the corporate entity known as TD Canada Trust. It is one of the largest banking companies in Canada and is corporately referred to as the TD Bank Financial Group. The company carries many lines of business, and under its umbrella you’ll find personal and commercial banking services, wealth management, insurance and wholesale banking services. There are more than 1,000 retail banking outlets to serve its customers in Canada, and the bank boasts more than 2,600 automated banking machines across the country.
The headquarters of TD Canada Trust are located in Toronto, but the bank has a strong presence worldwide. The bank had $557 billion in assets, as of late 2009. Worldwide the TD Bank Financial Group has more than 18 million customers, and 6 million of these are online customers. Across the globe, the TD Bank Financial Group employs more than 74,000 people over its many lines of business.
TD Canada Trust is known for its strong online presence. J.D. Power and Associates have been ranking the big five Canadian Banks in terms of the highest rate of customer satisfaction for online service for four years. TD Canada Trust has won the competition in each of the four years since it was initiated. Behind the strength of online services like EasyWeb and WebBroker it allows its clients to perform a number of transactions, paying bills or moving money between accounts with ease.
In the branch locations, TD Canada Trust clients can access a number of different lines of business and many can cater to both personal and commercial customers. Because of the acquisition of companies that dealt with different kinds of products, clients can now avail insurance services that include life insurance and general insurance products. They can apply for a TD visa card, get a mortgage or apply for a number of other credit vehicles.
TD Waterhouse investment services also provide clients with the ability to invest retirement savings and non-registered funds within a number of different investments. A wide range of mutual funds is available along with expert advice provided in the branch for large and small clients.
The strength of TD Canada Trust is built on services like EasyWeb Internet banking, EasyLine telephone banking, wireless banking and interact banking services. A client base that ranges from students to large institutional customers has solidified the strong presence that TD Canada Trust enjoys in the Canadian financial market. Being on the edge of the electronic banking bodes well for the corporation in the future.