TD Bank is Closing 11 Locations This Summer. Is a Location Near You On The List

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TD Bank Is Closing Locations in 11 States This Summer. Is a Location Near You on the List?

May 8, 2025

Bernadette Giacomazzo

TD Bank is just the latest company to be affected by inflation and closures. The Toronto-based bank, which has over 1,100 locations in the United States, announced the closure of locations in 11 states this summer. According to The U.S. Sun, the bank confirmed that the outlets will close by June 5. Is a location near you on the list?

TD Bank Closures

Per Finance Buzz, the following TD Bank locations will be closing over the summer:

Connecticut

  • North Branford – 1289 Foxon Road, North Branford
  • Torrington Commons – 215 High St., Torrington

District of Columbia

  • Georgetown – 1611 Wisconsin Ave. NW, Washington, D.C.

Florida

  • Beville Nova – 1590 S. Nova Road, Daytona Beach
  • Main Blvd – 160 NW Main Blvd., Lake City
  • South Beach 5th Street – 500 Collins Avenue, Miami Beach

Maine

  • Fairfield – 112 Main St., Fairfield
  • Fort Kent – 62 W. Main, Fort Kent
  • Gorham – 95 Main St., Gorham
  • Houlton – 6 N. St., Houlton

Massachusetts

  • Bradford – 860 S. Main St., Bradford
  • East Longmeadow – 465 N. Main St., East Longmeadow
  • Framingham – 420 Franklin St, Framingham
  • Holyoke – 50 Holyoke St., Holyoke
  • Methuen – 547 Broadway, Methuen
  • Tewksbury – 2345 Main St., Tewksbury

New Hampshire

  • Bristol – 10 N. Main St., Bristol
  • Contoocook – 884 Main St., Contoocook
  • Hampton – 40 High St., Hampton
  • Wilton – 905 Elm St., Wilton

New Jersey

  • Cedar Grove – 85-107 Pompton Ave., Cedar Grove
  • Marlton – 191 E. Route 70, Marlton
  • Ringwood – 145 Skyline Drive, Ringwood
  • Raritan Township – One Royal Road, Raritan Township
  • Spring Lake Heights – 555 Warren Ave., Spring Lake Heights

New York

  • 42nd and Madison – 125 Park Ave., New York
  • 45th and Lexington – 451 Lexington Ave., New York
  • Dolson Avenue – 156A-B Dolson Ave., Middletown
  • Downtown – 136 Margaret St., Plattsburgh
  • Greenlawn – 460 Pulaski Road, Greenlawn

Pennsylvania

  • Chestnut Hill – 8600 Germantown Pike, Philadelphia
  • Frazer – 101 Lancaster Ave., Frazer
  • Morrisville – West Trenton Ave. & Carlisle Ave., Morrisville

South Carolina

  • Columbia Main – 1501 Main St., Columbia
  • Thornblade – 6 Elmshorn Drive, Greer

Virginia

  • Centreville – Centreville Drive and Machen Road, Centreville
  • Reston – 1750 N. Hampton Ave., Reston

Hefty Money Laundering Fines

The news of these TD Bank closures comes after the company’s announcement in October 2024 that it would pay over $3 billion in fines to the United States government for engaging in money laundering practices.

“Today, TD Bank also became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first U.S. bank in history to plead guilty to conspiracy to commit money laundering,” said U.S. Attorney General Merrick Garland at the time. “TD Bank chose profits over compliance with the law — a decision that is now costing the bank billions of dollars in penalties.”

According to Garland, employees frequently made jokes about the bank’s permissive money laundering policies. Even senior management was aware of the possible criminal behavior occurring but took no action to stop it.

Wally Adeyemo, the deputy secretary of the Treasury, referred to TD Bank’s continued disregard as “fertile ground” for financing illicit activities such as human and drug trafficking. According to reports, one individual was able to transfer $470 million in illicit funds through TD branches due to the bank’s extremely loose standards. They reportedly deposited over $1 million “more than once” and took it out through checks and wire transfers on the same day. Despite their alarm, bank officials allowed the transactions to proceed.

According to reports, around $18.3 trillion in consumer activity was entirely overlooked before the government stepped in. However, TD Bank is currently making a concerted effort to change things, including hiring experts and removing executives.

“We know what the issues are, we are fixing them. As we move forward, we’re ensuring that this never happens again,” said TD Bank Group CEO Bharat Masrani, as reported by NPR. “And I’m 100% confident that we get to the other side and emerge even stronger.”

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