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TD Canada Trust facts for kids

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TD Canada Trust
Trade name
TD
Division
Industry Financial services
Founded 2000; 25 years ago (2000)
Headquarters
Toronto, Ontario
,
Canada
Number of locations
Approximately 1,100 branches, and 2,600 ATMs
Area served
Canada
Key people
Bharat Masrani (CEO of TD Bank Group)
Services Banking
Revenue
  • Increase CA$43.6 billion
  • CA$41.1 billion
Parent TD Bank Group

TD Canada Trust, often called TD, is a big bank in Canada. It is part of the larger TD Bank Group. TD Canada Trust is the second-largest bank in Canada. It helps over 10 million Canadian customers.

TD Canada Trust offers many money services and products. You can find them at more than 1,100 branches and 2,600 ATMs across Canada. Besides branches and ATMs, TD also has experts to help with things like mortgages and investments.

The name "TD Canada Trust" came about in 2000. This was after TD bought another company called Canada Trust. Before this, TD's banking services were just called "TD Bank." Even though the name changed, Canada Trust still exists as a separate part of the company. Since 2012, TD has slowly been removing "Canada Trust" from its name in logos and ads.

How TD Canada Trust Started

Toronto-Dominion Bank TD Edmonton 3751
A TD Canada Trust branch in Edmonton, Alberta

TD Bank was formed on February 1, 1955. This happened when two older banks, the Bank of Toronto (started in 1855) and The Dominion Bank (started in 1869), joined together.

Later, in 2000, TD Bank bought Canada Trust. Canada Trust had started in 1864 in London, Ontario. After this big purchase, TD changed its name to "TD Bank Financial Group."

The parts of Canada Trust that dealt with everyday banking were combined with TD's own banking services. This merger happened between 2000 and 2001. That's how "TD Canada Trust" was created. Because both companies had branches, some were closed or combined after the merger.

Banking with TD Canada Trust

TDCanadaTrustHwy7
A TD Canada Trust branch in Markham

TD Canada Trust is known for having longer hours than many other big banks. This was a special feature of Canada Trust before TD bought it. Since late 2007, most branches are open for many hours during the week and on Saturdays. Some branches are even open on Sundays, though these hours changed a bit during the COVID-19 pandemic. All branches are closed on public holidays.

Online and Mobile Banking

TD customers can manage their money online using a system called EasyWeb. With EasyWeb, you can:

  • Move money around
  • Pay your bills
  • Update your personal information
  • Look at your banking history

In 2010, TD Canada Trust launched a mobile app. This app works on iOS, Android, and BlackBerry phones. It lets you do many of the same things you can do on EasyWeb, but from your phone!

In 2012, TD Canada Trust made its Access Card better. This new card includes Visa Debit and Interac Flash. This means customers can use their card to shop online, over the phone, and even in other countries where Visa is accepted.

Customer Support and Languages

TD offers phone service in over 200 different languages for its customers in Canada. This includes popular languages like English, French, Mandarin, and Cantonese. At ATMs, you can choose from five languages: English, French, Italian, Cantonese, and Portuguese.

See also

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