TD Bank is the 10th-largest US bank by assets, with 1,100+ branches concentrated along the East Coast from Maine to Florida. Its defining differentiator is branch hours — many TD locations are open 7 days a week, including evenings and holidays, earning its “America’s Most Convenient Bank” marketing claim. Fees are higher than regional competitors, but the extended hours create real value for customers who can’t bank during standard business hours.
TD Bank is best for: Northeast US customers who value extended branch hours and face-to-face banking access on weekends and evenings.
TD Bank at a Glance
| Feature | Details |
|---|---|
| Headquarters | Cherry Hill, NJ (US subsidiary) |
| Parent company | TD Bank Group (Toronto, Canada) |
| Assets (US) | ~$400 billion |
| Branches | 1,100+ (Northeast, East Coast) |
| ATMs | ~2,700 (own network) |
| FDIC insured | Yes |
| Savings APY | 0.01% |
| Extended hours | Yes — 7 days/week, evenings, holidays |
Checking Accounts
| Account | Monthly Fee | Waiver | Notes |
|---|---|---|---|
| Convenience Checking | $15 | $100 DD or $100 balance | Most popular; low waiver threshold |
| Beyond Checking | $25 | $2,500 DD or $2,500 balance | Adds ATM reimbursement + bonuses |
| Simple Checking | $5.99 | No waiver | No checks; basic features |
| Student Checking | $0 | Enrolled student | Converts at graduation |
Convenience Checking is TD’s primary account. The $15/month fee is high vs. competitors (PNC Virtual Wallet is $7, U.S. Bank Smartly is $6.95), but the waiver is extremely easy — any direct deposit OR just $100 minimum daily balance. Virtually any employed or regularly depositing customer qualifies for the waiver.
Beyond Checking ($25/month, $2,500 DD or balance waiver) adds 2 out-of-network ATM reimbursements, a slight interest rate on checking, and other relationship benefits.
Extended Hours: TD’s Key Differentiator
Most major bank branches are open Monday–Friday 9am–5pm, with limited Saturday hours and no Sunday service. TD Bank is different:
- Many branches open Monday–Friday 8am–8pm
- Saturday hours (typically 8am–2pm or longer)
- Sunday hours at many locations (unique among major US banks)
- Holiday hours at many locations
For customers who work 9-to-5 and can’t get to a bank during business hours, TD’s extended hours provide genuine value that no other major bank can match.
Savings Rates
TD Bank savings pays 0.01% APY — standard for a traditional bank and not competitive with online HYSAs. TD does offer the TD High Yield CD product with competitive rates for longer-term locked savings, but for liquid savings, TD does not compete with Ally, Discover, or Marcus.
See TD Bank savings account guide for details.
ATM Network
TD Bank’s proprietary ATM network has approximately 2,700 machines, focused on the Northeast. Unlike PNC (60,000+ ATMs via Allpoint) or U.S. Bank (40,000+), TD has a smaller ATM footprint.
Out-of-network ATM fee: $3. Beyond Checking reimburses 2 per month.
TD Bank vs. Competitors
| Feature | TD Convenience | Chase Total | PNC Virtual Wallet |
|---|---|---|---|
| Monthly fee | $15 | $12 | $7 |
| DD waiver | Any DD | $500 DD | $500 DD |
| Overdraft fee | $35 | $34 | $36 (with grace) |
| ATMs | 2,700 | 16,000+ | 60,000+ |
| Weekend hours | Yes (7 days) | Limited | Limited |
TD is more expensive and has a smaller ATM network than Chase or PNC, but uniquely offers 7-day branch hours. For some customers, that convenience is worth the premium.
Who TD Bank Is Best For
- Northeast US residents (NY, NJ, PA, CT, MA, FL) near a TD branch
- Customers who need to visit a bank branch on evenings or weekends
- Those for whom the $100 balance/DD waiver is easily met
- Customers willing to pair TD checking with an external HYSA for savings
See also: TD Bank checking account | TD Bank savings account | TD Bank fees | TD Bank routing number
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