About TD Bank
TD Bank USA is the United States subsidiary of the Canadian TD Bank Group. TD Bank is one of the largest banks in the US by assets and deposits and has its headquarters in Cherry Hill, New Jersey, a short distance from Philadelphia. The bank operates more than 1,100 branches in 15 states, all on the east coast, and Washington, D.C.
TD Bank Overview
TD Bank USA is one of the country's largest banks and offers a wide range of banking products, such as checking, money market, savings, and CDs. It operates more than 1,100 branches, most of which are open on weekends, in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington, D.C. It also operates more than 2,600 ATMs in the states it serves.
| Bank branches are open 7 days a week. | APYs for checking, money market, savings accounts are below the national average. |
| Competitive APYs on CD accounts. | Most accounts have monthly service charges, except for CDs. |
| Full range of banking products. | Overdraft and non-network ATM fees. |
| Most account monthly service charges can be waived by meeting certain requirements. |
TD Bank Product Offerings
Savings Accounts
TD Bank USA offers three different savings accounts with minimal opening deposits required. All three have monthly service charges that can be waived by meeting certain minimum account balance requirements. Here are the latest savings account details for August 2025:
Checking Accounts
TD Bank USA offers a number of different personal and business checking accounts. Most of the checking accounts offer APYs below the national average of 0.01% for checking accounts. All accounts have a monthly service charge that can be easily waived with a relatively low average daily balance, and about half of them have a minimum opening balance requirement. Here are the latest account details for August 2025:
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. TD Bank USA offers several CDs with varying terms and competitive APYs. All of the CDs have a required minimum opening deposit of $250, except for the jumbo CDs, which come with much higher minimum opening deposit requirements. Here are some of their best CD offerings for the month! and 2025:
Money Market Accounts
A money market account is an interest-bearing hybrid between a savings account and a checking account. TD Bank USA offers one business money market account. The account features free checks and a debit card. There is a $15 monthly service charge that is waived with a $2,500 minimum average daily balance. Here are the account details for August 2025:
Bank Fees
Overdraft fee: $35 if account is overdrawn by more than $50; maximum of three fees per day
Savings and Money Market Account withdrawals: $3 per excess withdrawal
Account closure fee: None
Wire transfer fee: Domestic - Incoming is $0 and outgoing is $30; International - Incoming is $0 and outgoing is $30
Non-network ATM fee: $3
Monthly service charge: $4.95-$25 depending on the type of account
Stop payment fee: $30
Paper statement fee: $3
TD Bank Features
TD Bank USA offers a 24-hour, 7-day-a-week customer service line, so customers are always able to speak to someone at the bank. Additionally, most branches are open 7 days a week. TD Bank USA also has a comprehensive and highly-rated mobile app that allows customers to manage their accounts from the comfort of their phone or computer.
TD Bank FAQs
Our Take
TD Bank USA is one of the largest banks in the country, with all of its branches on the East Coast. The bank offers valuable features and benefits, such as its highly rated and well-designed website and mobile app. Much like the other large national banks, its yields on its checking, money market, and savings accounts do leave much to be desired. On the other hand, quite a few of its CD accounts offer highly competitive yields. TD Bank USA is probably a good choice for people who live in the states in which it operates. Aside from that, there are plenty of other banks that have accounts with much higher yields. In summary, TD Bank USA is a good bank but more useful to people who live in the states in which it operates.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.