TD's History

  • Since our founding in 1855, TD Bank Group has grown from a single-branch bank serving grain millers and merchants, to a major financial services company, providing financial solutions to individuals and businesses around the world.

  • TD Bank Group honours the men and women serving in the Armed Forces and those who have served both in wartime and on peacekeeping missions.

  • Looking for some quick historical facts? Students, media, job candidates and those interested in learning more about our rich history will find it here.

  • TD supports and promotes diversity. It is an important part of our history.

Explore TD's Corporate History

See how TD has transformed the North American banking industry, one community at a time. Use our interactive timeline. Explore now

  • 1855

    Incorporation of The Bank of Toronto. Canada Permanent Building & Savings Society is also founded, one of Canada's first mortgage companies.

  • 1856

    The Bank of Toronto opens its first branch on Church Street in Toronto.

  • 1860

    The Bank of Toronto opens its first branch outside of Ontario, in Montreal.

  • 1863

    With a staff of 26 and a five branch network, The Bank of Toronto opens its head office at Church & Wellington Streets in Toronto.

  • 1864

    Founding of Huron & Erie, later to become Canada Trust in London, Ontario.

  • 1871

    The Dominion Bank opens its first branch on King Street in Toronto.

  • 1872

    Toronto General Trusts becomes Canada's first trust company.

  • 1897-1899

    The Dominion Bank and The Bank of Toronto begin expanding their branch networks westward, beginning with Winnipeg, MB, in 1897 and Rossland, BC, in 1899.

  • 1901

    Canada Trust begins operations as a subsidiary of Huron & Erie.

  • 1911

    The Dominion Bank opens its first international office in London, England.

  • 1913

    The Bank of Toronto opens its new head office at the corner of King and Bay Streets.

  • 1914

    One of Canada's early skyscrapers: The Dominion Bank opens a new head office at the corner of King and Yonge Streets in Toronto.

  • 1919

    The Dominion Bank opens an office in New York City.

  • 1935

    Bank of Canada begins operations. Bank currencies, including those of The Bank of Toronto and The Dominion Bank, begin to be phased out.

  • 1944

    Serving the needs of Canada's emerging North: The Bank of Toronto opens its first branch in Yellowknife, NWT.

  • 1955

    The Bank of Toronto and The Dominion Bank merge to form The Toronto-Dominion Bank. The newly formed TD had 449 branches and approximately 4700 employees across Canada, with offices in London, England, and New York City

  • 1962

    An early pioneer in technology: TD purchases its first computer system.

  • 1967

    TD celebrates Canada's Centennial by establishing an Inuit Art Collection. Toronto's TD Tower opens, designed by Mies van der Rohe.

  • 1969

    TD introduces its new corporate identity, including the TD Shield as a symbol of the growing, modern bank.

  • 1970s

    TD becomes an increasingly international bank with offices and major project financing around the world.

  • 1976

    TD introduces its ATM, the Green Machine, and Canada Trust extends its hours: "Eight to Eight, Six Days Straight".

  • 1984

    Meeting the needs of self-service investors: Green Line Investor Services discount brokerage is established.

  • 1987

    Toronto Dominion Securities Inc. is established to provide corporate, treasury and investment banking services to corporate clients.

  • 1990

    Canada Trust creates Friends of the Environment Foundation.

  • 1992

    TD acquires the assets of Central Guaranty Trust.

  • 1993

    TD Evergreen - a full service brokerage launches.

  • 1996

    TD acquires Waterhouse Investor Services Inc. WebBroker, the first Internet brokerage service in Canada was also introduced.

  • 2000

    TD and Canada Trust join forces with a shared philosophy of delivering a comfortable banking experience.

  • 2005

    TD celebrates its 150th anniversary. Also in 2005, TD acquires 51% of Banknorth.

  • 2008

    TD acquires Commerce Bancorp and integrates it with TD Banknorth to form TD Bank, America's Most Convenient Bank. Also in 2008, TD is the first Canadian bank to appoint a Chief Environment Officer to lead the Bank's environmental portfolio and initiatives.

  • 2011

    TD acquires Chrysler Financial and MBNA Canada's credit card business. TD Canada Trust extends its convenient hours by opening hundreds of branches across the country on Sundays.

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