CHERRY HILL, N.J. and PORTLAND, Maine, Feb. 8, 2011 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, announced today that it has earned top customer satisfaction honors on both the national and regional level in the 2010 Greenwich Excellence Awards for Middle Market Banking. For the second year in a row, middle market businesses recognized TD Bank for its financial stability nationally and for both overall satisfaction and treasury management overall satisfaction in the northeast region.
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More than 750 banks were evaluated on their performance in Greenwich Associates' annual U.S. Middle Market Banking Research Study, where decision-makers from more than 10,000 businesses across the U.S. with sales of $10 million - $500 million rated banks in banking and treasury management categories.
"In this challenging economic environment, we are proud to receive three prestigious awards, including being named as one of only 10 banks nationally in the financial stability category," said Walter Owens, Head of Commercial Banking at TD Bank. "These honors highlight our financial safety and soundness, the expertise of our employees, and our commitment to understanding the middle market's lending needs and delivering flexible financing options, backed by personalized service."
The awards on the regional level are also noteworthy, as cash management services are critical to the proper management of TD Bank's clients' capital resources and cash flow.
"TD Bank displayed particular strength in financial stability and treasury management services, a tribute to their robust product capabilities, superior high-touch, personalized service and a demonstrated willingness to lend," said Peter Garrison, Greenwich Associates consultant.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the United States, providing customers with a full range of financial products and services at more than 1,250 convenient locations from Maine to Florida. On September 30, 2010, The South Financial Group, Inc. was acquired by TD Bank Group, and its subsidiary Carolina First Bank merged with TD Bank. Carolina First Bank will continue to operate under the trade names Carolina First Bank in North and South Carolina and Mercantile Bank in Florida until conversion and rebranding in 2011. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. Carolina First Bank and Mercantile Bank are trade names of TD Bank, N.A. For more information, 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.
About Greenwich Associates
Greenwich Associates provides research-based strategy management services for financial professionals. Greenwich Associates' studies provide benefits to the buyers and sellers of financial services in the form of benchmark information on best practices and market intelligence on overall trends. Based in Stamford, Connecticut, with additional offices in London, Toronto, Tokyo, and Singapore, the firm offers over 100 research-based consulting programs to more than 250 global financial services companies. Please contact us for further information or to arrange an interview with one of our consultants. You can visit our website, www.greenwich.com, for more information.
SOURCE TD Bank
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