TD Canada Trust

Lance F. Drummond Elected Chair of Freddie Mac

Retrieved on: 
Tuesday, November 7, 2023
Dun, Parliamentary Information Technology Committee, Bank, Housing, Operation, Bradstreet, Freddie Mac, Procter & Gamble, Drummond, Operations and technology management, Human resources, Bank of America, FHFA, Kodak, Fiserv, TD Canada Trust, TD, Consumer, Thompson, Dun & Bradstreet, Federal Housing Finance Agency, Management

MCLEAN, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Lance Drummond will become chair of Freddie Mac’s Board of Directors, the company announced today.

Key Points: 
  • MCLEAN, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Lance Drummond will become chair of Freddie Mac’s Board of Directors, the company announced today.
  • The company is fortunate to have exceptional leaders, such as Sara Mathew and Lance Drummond, overseeing that effort,” said Sandra Thompson, Director of the Federal Housing Finance Agency.
  • Drummond joined the Freddie Mac Board in 2015, and currently serves as Chair of the Board’s Compensation and Human Capital Committee.
  • Thompson continued, “On behalf of FHFA, I wish to express my deep appreciation to Sara Mathew for her decade of service to Freddie Mac.

Bank Customers in Canada Seeking Financial Advice but Some Retail Banks Not Effectively Delivering, J.D. Power Finds

Retrieved on: 
Thursday, June 29, 2023
Banking, Personal Finance, Professional Services, Finance, Bank of Montreal, J.D. Power, CIBC, Royal Bank of Canada, Intelligence, Benchmarking, SM, Multimedia, TD, KPI-driven code analysis, TD Canada Trust, Bank, Financial adviser, Online shopping

Power 2023 Canada Retail Banking Advice Satisfaction Study,SM released today.

Key Points: 
  • Power 2023 Canada Retail Banking Advice Satisfaction Study,SM released today.
  • The study also finds that, while personalized financial advice can elevate customer satisfaction and engagement with retail banks, only 42% of customers recall receiving advice from their financial institution and only 50% of those customers found the advice to be effective.
  • The 2023 Canada Retail Banking Advice Satisfaction Study includes responses of 2,911 retail bank customers in Canada who received any advice/guidance from their primary bank regarding relevant products and services or other financial needs in the past 12 months.
  • In addition to bank financial advice ratings, the study also provides financial health support index benchmarking data that evaluates proficiency of banks and credit card issuers in delivering financial support to customers.

Canadian Bank and Credit Card Apps Slow to Include Personal Financial Management Tools, J.D. Power Finds

Retrieved on: 
Thursday, June 8, 2023
Banking, Personal Finance, Technology, Professional Services, Apps, Applications, Data Analytics, Software, Artificial Intelligence, Fintech, Mobile, Wireless, Finance, Online, Tangerine Bank, J.D. Power, TD, American Express, Canada Banking Company, Lead, Intelligence, Multimedia, National bank, Organization, Royal Bank of Canada, TD Canada Trust, Credit card, Lifting, Bank of Montreal, CIBC, National Bank of Canada, Scotiabank, Online shopping, Mobile phone, Retail

According to a series of recent studies of bank and credit card mobile app and online users in Canada, released today by J.D.

Key Points: 
  • According to a series of recent studies of bank and credit card mobile app and online users in Canada, released today by J.D.
  • Power 2023 Canada Banking Mobile App Satisfaction Study;SM 2023 Canada Online Banking Satisfaction Study;SM 2023 Canada Credit Card Mobile App Satisfaction Study;SM and 2023 Canada Online Credit Card Satisfaction StudySM—track overall customer satisfaction with banking and credit card providers’ digital offerings.
  • The Canada Banking Mobile App Satisfaction Study; Canada Online Banking Satisfaction Study; Canada Credit Card Mobile App Satisfaction Study; and Canada Online Credit Card Satisfaction Study were redesigned for 2023.
  • The studies are based on responses from 8,242 retail bank and credit card customers and were fielded in February-March 2023.

Vancity Investment Management pushes Canada’s big banks to divulge their CEO-to-worker pay ratio

Retrieved on: 
Monday, April 3, 2023
RBC, Royal Bank of Canada, Vacuum, Canadian Centre for Policy Alternatives, TD, AGM, Disclosure, CCPA, Canadian Imperial Bank of Commerce, Vancity, TD Canada Trust, CIBC, Policy, Scotiabank, Commerce, Management

Last year, after a similar proposal at Scotiabank, the bank acknowledged the value of the disclosure and began publicly reporting the critical information.

Key Points: 
  • Last year, after a similar proposal at Scotiabank, the bank acknowledged the value of the disclosure and began publicly reporting the critical information.
  • “A higher pay ratio could be an indication a company suffers from a winner-take-all philosophy which drives economic inequality.
  • For Canada’s big banks, where CEOs are among Canada’s highest paid executives, the ratio is expected to be closer to 150 times that of the average worker.
  • Unlike in the US and Britain, it is not mandatory in Canada for publicly listed companies to provide CEO to median worker pay ratio disclosures.

TD Launches Black Entrepreneur Credit Access Program

Retrieved on: 
Monday, February 13, 2023
Organization, Inclusion, TD Waterhouse, Toronto-Dominion Bank, Acceleration, Racism, TD Securities, New York Stock Exchange, TD, FACE, Commercial bank, Abacus Data, Diversity, BCE, BOF, Ecosystem, Research, TD Auto Finance, Wholesale banking, Charles Schwab Corporation, Small business, Convenience, Bank, Black Canadians, TD Canada Trust, Federation, Online shopping, Payment card, Insurance, Black

Program to provide equitable access to financing, support and financial education for Black-owned businesses

Key Points: 
  • Program to provide equitable access to financing, support and financial education for Black-owned businesses
    TORONTO, Feb. 13, 2023 /CNW/ - TD Bank Group (TD) takes another step toward positive change to address anti-Black racism and systemic discrimination with the launch of the Black Entrepreneur Credit Access Program .
  • A lending program founded on providing more equitable access to credit for Black entrepreneurs, who disproportionally face hurdles securing funding for their businesses, helping to foster economic inclusion.
  • "TD is committed to supporting Black communities by helping remove obstacles when it comes to loan access, wealth management and specialized advice," says Al Ramsay, Vice President, 2SLGBTQ+ & Black Customer Segments, TD Bank Group.
  • "Through our Black Entrepreneur Credit Access Program, we're thrilled to offer holistic support to Black-led businesses, including flexible access to credit, regional teams of specialized Account and Small Business managers as well as resources within our ecosystem of affiliated organizations."

TD Bank Group ranked among top sustainability companies in the World by the Dow Jones Sustainability Index

Retrieved on: 
Monday, December 12, 2022
Carbon, Toronto-Dominion Bank, TD, BOF, FTSE All-World index series, Silent Scope 3, Sustainability, TD Waterhouse, Biophysical environment, ESG, Financial inclusion, DJSI, Bank, Wholesale banking, Development, Risk, SVP, Investment, Corporate social responsibility, Commercial bank, TD Canada Trust, Work, TD Securities, TD Bank, New York Stock Exchange, Charles Schwab Corporation, TD Auto Finance, Renewable energy, Financial adviser, Insurance

TORONTO, Dec. 12, 2022 /CNW/ - TD Bank Group (TD) is proud to be listed in the DJSI World Index for the ninth consecutive year.

Key Points: 
  • TORONTO, Dec. 12, 2022 /CNW/ - TD Bank Group (TD) is proud to be listed in the DJSI World Index for the ninth consecutive year.
  • From a global pool of 240 eligible companies in its industry, TD is included in the shortlist of 25.
  • As of December 9, 2022, TD is the only North American-based bank included in the World Index.
  • The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank").

TD Canada Trust announces change to TD Prime Rate

Retrieved on: 
Wednesday, December 7, 2022
Toronto-Dominion Bank, TD, TD Waterhouse, Bank, Wholesale banking, Commercial bank, TD Canada Trust, Canada Trust, TD Securities, TD Bank, New York Stock Exchange, Charles Schwab Corporation, TD Auto Finance, Potash, Financial adviser, Insurance

TORONTO, Dec. 7, 2022 /CNW/ -TD Canada Trust today announced that it has increased its TD Prime Rate by 50 basis points to 6.45% per cent, effective December 8, 2022.

Key Points: 
  • TORONTO, Dec. 7, 2022 /CNW/ -TD Canada Trust today announced that it has increased its TD Prime Rate by 50 basis points to 6.45% per cent, effective December 8, 2022.
  • The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank").
  • TD is the sixth largest bank in North America by assets and serves over 27 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities.
  • TD also ranks among the world's leading online financial services firms, with more than 15 million active online and mobile customers.

TD launches refreshed credit card rewards lineup just in time for the holiday season

Retrieved on: 
Tuesday, November 8, 2022
Senior, TD Auto Finance, Bank, Restaurant, Travel, TD Bank, Amazon (company), TD Waterhouse, McKee, TD Canada Trust, Point, Insurance, TD Securities, CDN, COVID, Toronto-Dominion Bank, New York Stock Exchange, TD, Charles Schwab Corporation, Wholesale banking, Amusement arcade, Tourism, Payment card, Online shopping, Expedia

TORONTO, Nov. 8, 2022 /CNW/ - TD is pleased to announce that its refreshed TD Rewards credit cards portfolio is now available.

Key Points: 
  • TORONTO, Nov. 8, 2022 /CNW/ - TD is pleased to announce that its refreshed TD Rewards credit cards portfolio is now available.
  • Current TD Rewards cardholders will automatically get access to the updated card benefits and perks.
  • "Our customers asked for it, and we delivered: a revamped TD Rewards lineup with valuable ways to earn more through these everyday purchases," says Meg McKee, Senior Vice-President, Canadian Cards, Payments, Loyalty and Personal Lending, TD Bank Group.
  • As a part of the changes, TD has launched new card designs across its proprietary consumer and business card offerings.