The United States is a house to the world’s best banking and financial corporations. Transactions of billions of dollars are being done everyday in USA. Below is a list of the top ten banks in the USA by total assets in 2014.
10. TD Bank US
TD Bank has serviced customers for over 150 years, starting out as Portland Savings Bank in 1852. It later became the Peoples Heritage Bank in 1983 as a result of a series of mergers and acquisitions. After which it became Banknorth around 2000s and expanded further into New England. In 2004 the Canadian TD Bank Group acquired a majority stake in Banknorth and later acquired the bank in 2007.
Around the same time, Commerce Bank, which was founded in 1973, had expanded rapidly around New Jersey, New York, Philadelphia, Washington D C and Florida. And in 2008, it was acquired by the The TD Bank Group.
The companies were then united under the brand of TD Bank as America’s Most Convenient Bank.
The TD Bank then went on to acquire The South Financial Group and a merger of its subsidiary Carolina First Bank with the TD Bank was undertaken.
Today, the TD Bank stands as America’s most convenient bank, with a focus on catering hassle-free products and customer service that have been recognized through many awards and accolades.