Easier to Understand Disclosure Forms now Available for TD Bank Savings Accounts

TD Bank is the first major bank in the U.S. to provide access to simple and transparent disclosure forms for savings accounts

Aug 06, 2012, 09:30 ET from TD Bank

CHERRY HILL, N.J., and PORTLAND, Maine, Aug. 6, 2012 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, has taken another step in simplicity and transparency by now offering easier to understand disclosure forms for its savings accounts. The new savings forms follow the bank's spring launch of a simplified set of checking disclosure forms based on recommendations from Pew's Safe Checking in the Electronic Age Project.

"TD Bank is committed to creating a hassle-free and transparent banking experience and the new disclosure forms, which clearly lay out the terms and conditions of our products, are aligned with that mission," said Ryan Bailey, Head of Deposit Products and Pricing, TD Bank.  "Our new forms are designed to make it easier for customers to understand and compare savings accounts, empowering them to make sound financial decisions."

The simple and easy-to-read account guides will help customers understand fees and services, review costs associated with the account(s) and evaluate processing policies.

TD's account guides will be available online at tdbank.com for both customers and non customers. The forms can be found by visiting www.tdbank.com/accountguides

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 1,280 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized wealth management services through TD Wealth, insurance products and services through TD Insurance, Inc., 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, find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS, on Twitter at www.twitter.com/TDBank_US, or visit www.tdbank.com.

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 and one of the few banks in the world rated Aaa by Moody's. 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