Easier to Understand Disclosure Forms now Available for TD Bank Savings Accounts
August 6, 2012
TD Bank is the first major bank in the U.S. to provide access to simple and transparent disclosure forms for savings accounts
CHERRY HILL, NJ and PORTLAND, Maine – August 6, 2012 –TD Bank, America’sMost Convenient Bank®, has taken another step in simplicity andtransparency by now offering easier to understand disclosure forms forits savings accounts. The new savings forms follow the bank’s springlaunch of a simplified set of checking disclosure forms based onrecommendations from Pew’s Safe Checking in the Electronic Age Project.
“TD Bank is committed to creating a hassle-free and transparent bankingexperience and the new disclosure forms, which clearly lay out the termsand conditions of our products, are aligned with that mission,” saidRyan Bailey, Head of Deposit Products and Pricing, TD Bank. “Our newforms are designed to make it easier for customers to understand andcompare savings accounts, empowering them to make sound financialdecisions.”
The simple and easy-to-read account guides will help customersunderstand fees and services, review costs associated with theaccount(s) and evaluate processing policies.
TD’s account guides will be available online at tdbank.com for bothcustomers and non customers. The forms can be found by visiting www.tdbank.com/accountguides.
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the 10 largest banksin the U.S., providing nearly 8 million customers with a full range ofretail, small business and commercial banking products and services atmore than 1,280 convenient locations throughout the Northeast,Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TDBank and its subsidiaries offer customized wealth management servicesthrough TD Wealth, insurance products and services through TD Insurance,Inc., and vehicle financing and dealer commercial services through TDAuto Finance. TD Bank is headquartered in Cherry Hill, N.J., andPortland, Maine. To learn more, find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS, on Twitter at www.twitter.com/TDBank_US, or visit www.tdbank.com.
TD Bank, America’s Most Convenient Bank, is a member of TD Bank Groupand a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top10 financial services company in North America and one of the few banksin the world rated Aaa by Moody’s. The Toronto-Dominion Bank trades onthe New York and Toronto stock exchanges under the ticker symbol TD.To learn more, visit www.td.com.
