CHERRY HILL, N.J. and PORTLAND, Maine, April 5, 2013 /PRNewswire/ -- Today, TD and the Arbor Day Foundation announced the inaugural winners of TD Green Streets, a new grant program supporting innovation in urban forestry. Each $20,000 grant will fund projects in underserved communities, including the purchase of trees, tree planting, maintenance costs, and educational activities.
Along with TD's flagship volunteer program, TD Tree Days, TD Green Streets is a component of TD Forests, a North American initiative that protects critical forest habitats equal to the amount of paper the bank uses each year. As part of this program, TD has also committed to reducing its paper usage by 20 percent by 2015. Combined, these programs underscore the bank's commitment to forest protection and stewardship, and are a direct investment in the health of our urban tree canopy.
"TD is proud to award TD Green Streets grants to these very deserving municipalities for their urban forestry projects," said Diana Glassman, Head of Environmental Affairs for TD Bank. "This partnership with Arbor Day Foundation is a component of our TD Forests initiative and aligns with our goal to be a strong environmental partner in our communities."
"We're excited to join TD Bank in supporting ten communities committed to effective tree care for the benefit of all residents," said John Rosenow, founder and chief executive of the Arbor Day Foundation. "TD Green Streets will help these worthy Tree City USA participants to remain on the cutting-edge of urban forestry."
To be eligible for a TD Green Streets grant, qualified municipalities were required to be current Arbor Day Foundation Tree City USA®-designated communities within TD Bank's United States footprint. Tree City USA® is the nation's premier urban and community forestry program, providing a foundation for effective, well-organized community tree care.
The following municipalities were awarded TD Green Streets grants:
Cheltenham Township, Pa.
Myrtle Beach, S.C.
West Palm Beach, Fla.
About TD Green Streets
Launched in 2013 by TD and the Arbor Day Foundation, TD Green Streets supports innovation in urban forestry. To be eligible for a TD Green Streets grant, qualified municipalities must be a current Arbor Day Foundation Tree City USA-designated community within TD Bank's U.S. footprint, and the proposed project must take place in a low- to moderate-income neighborhood. More information is available at tdgreenstreets.com.
About the Arbor Day Foundation
The Arbor Day Foundation is a nonprofit conservation and education organization of one million members, with the mission to inspire people to plant, nurture and celebrate trees. More information on the Foundation and its programs can be found at arborday.org, or by visiting us on Facebook, Twitter or our blog.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD is the sixth largest bank in North America by branches and serves approximately 22 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; Wealth and Insurance, including TD Waterhouse, an investment in TD Ameritrade, and TD Insurance; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank, and TD Auto Finance U.S.; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with more than 9 million online customers. TD had CDN$818 billion in assets on January 31, 2013.The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing nearly 8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com.
SOURCE TD Bank