TD Bank is planning a significant reduction of its physical footprint, announcing it will close 51 branches and one remote drive-thru location, totaling 52 sites, by the end of January 2026.
This consolidation effort is a direct response to the growing customer preference for online and mobile banking over traditional brick-and-mortar visits. The spokesperson for the bank stated that this move aligns with a broader strategy “to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and personalized, advice-led services.”
The bank confirmed it “regularly evaluate[s] our network to ensure we’re serving our communities where they need us,” leading to these adjustments. It is currently unknown how many jobs will be affected by the closures.
In New York state, seven specific locations are slated for closure:
- 655 Avenue of the Americas, Manhattan
- 391 Jericho Turnpike, Jericho
- 1144 Walt Whitman Road, Melville
- 620 Route 25A, Mount Sinai
- 576 Second Avenue, Manhattan
- 14 Main Street, Hudson Falls
- 482-484 Bergen Street, Brooklyn
After these closures, TD Bank, the U.S. subsidiary of Canada’s Toronto-Dominion Bank, will still maintain a substantial presence with 270 remaining locations in New York state. Overall, the bank currently operates over 1,100 stores and 2,600 ATMs across 16 states along the U.S. East Coast.
