From the Beginning

A history of growth

Since our founding in 1855, TD Bank Group has experienced dramatic change. We have 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.

We're proud of our accomplishments and the things that make us unique, including our emphasis on customer service, community involvement, and our strong, diverse team of employees.

For more than 150 years, we've maintained a dedication to satisfying our customers, our employees, our shareholders and our communities. Inspired by our history and a vision of being the better bank, we look forward to a strong future.

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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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