TD Bank plans to close six branches and one remote drive-thru in Massachusetts as part of a nationwide move to shutter 51 locations.
In a statement to Boston.com , TD Bank says that during an Investor Day last month, leaders shared plans to “deliver a stronger, more scalable U.S. retail presence” through store enhancements, tech-forward digital banking, and personalized services.
“We also regularly evaluate our network to ensure we’re serving our communities where they need us, which at times results in store closures or relocations to nearby neighborhoods,” the statement said.
The statement added that TD Bank expects to open new stores in these communities, subject to regulatory approval.
TD Bank’s statement did not address how the closures will affect employees.
TD Bank, the 12

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