CHERRY HILL, N.J., Oct. 22, 2013 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, was named "Best Big Bank" in MONEY®'s "Best Banks 2013" list. Available in the magazine's November issue, the list examines 40 biggest retail banks by consumer deposits and number of branches, plus the 15 biggest online banks and three biggest credit unions by deposits, according to financial services consulting firm Novantas. Banks with more than 1,000 branches were in the running for Best Big Bank, while those with fewer were up to Mid-size. All banks surveyed were candidates for best customer experience, business accounts, app. and standalone accounts.
TD Bank was chosen as the "Best Big Bank" because of its commitment to customer service and for providing choice to customers through its diverse product suite.
"We are always delighted to be recognized for our focus on the customer," said Nandita Bakhshi, Head of Retail Distribution and Products, TD Bank. "Human-centric banking is at the core of everything we do and we are proud that this has led to accolades from MONEY®."
MONEY® noted TD's Premier Checking and Relationship Savings as standout accounts:
- TD Premier Checking—Interest bearing checking account for customers who maintain higher balances ($2,500). Non-TD ATM fees waived regardless of balance, and non-TD fees reimbursed when minimum daily balance is at least $2,500.
- TD Relationship Savings— Tiered interest rates reward customers for building savings and rate bumps for linking eligible TD Bank mortgage, home equity, credit card or active checking account. Non-TD ATM fees waived regardless of balance.
The MONEY® analysis also highlighted TD's low minimum balance requirements to waive monthly maintenance costs with TD Convenience Checking ($100) and Simple Savings ($300) and noted the bank's 24/7 customer service by phone and extended store hours.
TD was recognized by MONEY® as one of the nation's "Best Banks" in the magazine's 2012 list of the "Best Banks in America" and TD's Premier Checking account was chosen as the nation's "Best high-balance account". In 2011, TD Bank earned the title "Best Regional Bank/East" from MONEY®.
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 more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 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. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank 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