TD Bank’s suite of accounts

This east coast provider offers expanded hours for convenient accessibility.

If you live in a state that it services, TD Bank can be a one-stop shop for your personal financial needs. Checking and savings accounts are tiered and more perks are awarded for higher balances, though maintenance fees can get steep.

What banking products does TD Bank offer?

• Savings
• Checking

It offers a host of financial products for personal and business financial management. However, TD Bank is only available to people living in these states:

• Elegible states

  • Connecticut
  • Delaware
  • Florida
  • Maine
  • Maryland
  • Massachusetts
  • New Hampshire
  • New Jersey

  • New York
  • North Carolina
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Vermont
  • Virginia
  • Washington, DC

• Personal checking accounts

  All of TD Bank‘s checking accounts have free in-network ATMs and are FDIC-insured up to $250,000. Other features include:

  • TD Student Checking. Meant for students or young adults ages 17 to 23, with no minimum balance or monthly fees with this account. And you can open a linked TD Bank Simple Savings account for free.
  • TD Simple Checking. A bare-bones checking account with a flat $5.99 monthly maintenance fee. But you do qualify for a .25% HELOC discount.
  • TD Convenience Checking. Waive the $15 monthly maintenance fee by maintaining a $100 daily balance – or being between the ages of 17 and 23, in which case you can skip the fee altogether. You’ll also get a .25% discount on TD Bank Home Equity and Personal Loans.
  • TD Beyond Checking. Skip fees at non-TD ATMs by maintaining a balance of $2,500. Get automatic overdraft reimbursement two times per year, and earn interest on your balance. Waive the monthly maintenance fees with at least a $5,000 direct deposit, maintaining a minimum daily balance of $2,500, or maintaining a combined balance of $25,000 across your accounts. Get free check and money orders, too.
  • TD 60 Plus Checking. If you’re 60 or older, you’ll qualify for this interest-earning account. You can waive the $10 monthly maintenance fee by maintaining a $250 daily balance, and checks, money orders, and paper statements are all free. Plus, get a .25% discount on TD Bank Home Equity and Personal Loans.

• Personal savings accounts

  Get access to bill pay and a rate bump when you link your savings account to a TD Bank Checking account. You can write up to six checks a month with one of these savings accounts:

  • TD Bank Simple Savings. Waive the $5 monthly maintenance fee by maintaining a balance of $300, and skip the fee altogether in your first year by scheduling a recurring transfer of $25. If you’re 18 or younger, you won’t pay the monthly fee.
  • TD Growth Money Market. The $12 monthly maintenance fee can be waived with a $2,000 account minimum — unless you’re 62 or older, in which case you can skip it altogether. Tiered rates increase your interest as you save, and standard rates range from .03% APY for $.01 to $999 to .30% APY for $250,000 or more. Get rates bumped up even further if you deposit at least $50 a month.
  • TD Preferred Savings. To waive the $15 monthly maintenance fee, maintain a balance of at least $20,000. Get free ATM withdrawals at any bank by maintaining a $2,500 daily balance. Incoming wire transfers, bank checks, money orders, and stop payments are free, too. Tiered interest increases as you save, and standard rates range from .05% APY for $.01 to $19,999 to $.45% for $10 million or more. Bump rates up even further by linking an eligible mortgage, home equity, credit card or checking account.

• Business accounts

  • Small business banking. Get access to checking and savings accounts for your small business, as well as CDs, loans and credit lines.
  • Commercial banking. It offers checking and money market accounts, plus loans, CDs, and credit lines for established companies.

  Explore TD Bank’s suite of business accounts

• Other products

  • Mortgage loans. Build or buy a new home, or refinance the one you have. TD Bank‘s monthly mortgage calculator helps you estimate rates in advance.
  • Home equity. Take out a loan to help finance major purchases. Calculate your estimated rate and payment online.
  • Credit cards. It offers two credit cards for personal use and one for businesses. Earn cash back and points as you spend.
  • Personal loans. Choose from an express or unsecured loan, an unsecured line of credit, or a secured personal loan.

How does it compare to other banks or services?

TD Bank is ranked 7th in the nation for total number of domestic deposits, landing just beneath Capital One and US Bank. Its tagline is “America’s Most Convenient Bank,” and has extended hours on weekends and evenings to help substantiate that claim.

Compared to other national banks, it has the 8th most physical locations. If you live in a state on the east coast, you’ll have access to over 1,300 branch locations and 1,900 ATMs from Maine to Florida.

Why should I open an account at TD Bank?

TD Bank has a lot to offer east coast dwellers, including:

• Emphasis on convenience. Exact hours are location-specific, but most spots are open from 8 a.m. to 6 p.m. Monday through Wednesday, 8 a.m. to 8 p.m. Thursday to Friday, 8 a.m. to 3 p.m. on Saturday, and 11 a.m. to 4 p.m. on Sundays. These extended hours offer greater flexibility, since most banks close at noon on Saturdays and remain closed on Sundays. Plus, customer service is available by phone 24/7.
• Access for people with disabiltiies. Its ATMs were designed to meet wheelchair height and reach requirements. Likewise, all newer stores are equipped to fit the navigational needs of wheelchairs. It also has telecommunication relay services for callers who are Deaf, hard-of-hearing, blind or speech-impaired.
• Tiered rates encourage savings. Interest increases as you put money away, an added perk that can help incentivize savings.

What should I look out for?

Like any competitor, TD Bank has its drawbacks. Before signing up, be sure to consider:

• Complicated fee structures. If you’re younger than 24 or older than 61, getting the monthly fee waived requires you to maintain a somewhat hefty balance, and for its Simple Checking account you’re stuck paying the $5.99 no matter what.
• Limited national presence. Even if the east coast is your home base, if you travel regularly TD Bank‘s regional limitations could be inconvenient.
• Less competitive APY on savings accounts. Even at its highest rates, TD Bank‘s savings account APYs don’t top 1%, which means it isn’t the most competitive option on the market.

TD Bank reviews and complaints

The BBB gave it an A+ rating, and it’s been officially accredited there since 2002. An average of 25 customer reviews average out to just one star, but that’s pretty normal for complaints about similarly sized banks. There are about 9,700 complaints on the CFPB website, but nearly all of them indicate a timely response.

It’s a member of the FDIC, and the FFIEC has reviewed most branch locations as “outstanding” or “satisfactory.” In 2018, it was rated the Best Bank for Seniors by Money Magazine, and it tied for #1 in Global Finance World’s list of 50 Safest Commercial Banks.

TD Bank customer service

Get support from TD Bank through one of the below:

• Phone: For online banking support, call 888-751-9000, open 24/7.
• Facebook Messenger: Send a general question or comment through the social network’s IM.
• Branch: Make an appointment online or drop in to a branch location for face-to-face service.
• Twitter: Send a DM to @TDBank_US.

Bottom line

TD Bank‘s expanded access may be appealing if it syncs with your lifestyle. But if you’re hoping for service with nationwide presence or simpler account structures, shop around to find a better fit.

Frequently asked questions.

• What is the TD Bank routing number?

  Routing numbers vary depending on which state your account was opened in. Locate yours below:

  • Connecticut: 011103093
  • Florida: 067014822
  • Maine: 211274450
  • Massachusetts and Rhode Island: 211370545
  • Metro DC, Maryland and Virginia: 054001725
  • New Hampshire: 011400071
  • New Jersey and Delaware: 031201360

  • New York – Metro NYC or former Commerce customers: 026013673
  • New York – Upstate NY or former Banknorth customers: 021302567
  • North Carolina and South Carolina: 053902197
  • Pennsylvania: 036001808
  • Vermont: 011600033

• Can I mail in a deposit to TD Bank?

  Yes. Mail your deposit to:

  TD Bank, N.A.
  ME2-001-033
  PO Box 1190
  Lewiston, ME 04243

  Include your account information, and the total deposit amount. TD Bank will mail you a receipt.

• Is TD Bank closed on holidays?

  Yes. It follows a typical bank holiday schedule, and is closed on New Year’s Day, Martin Luther King, Jr. Day, Easter, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas — though online banking is accessible all year round.