Inclusive Banking

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    In 2010 we introduced a Welcome Kit for students with tips on saving money, making dollars stretch further, and advice on managing credit cards and loans.

    TD Bank offers a Helping Hands loan to enable moderate income customers finance home improvements at a discounted rate.

    As a financial services provider we have a role to play in supporting access to banking services to help people help themselves. We provide a variety of special services to seniors, students/youth and low-income customers.

    In Canada we offer a number of lost-cost banking options:

    • We offer all of our customers the option of the Value Account, a low-fee, basic banking option.
    • For seniors, TD offers the Plan 60 Chequing Account, which features unlimited free debit transactions and special discounts.
    • For young people, we offer a Youth Account, providing free unlimited transactions for those under 19 years of age, and a Value Plus Chequing Account with no monthly fee for post-secondary school students.
    • We comply with Canadian government Access to Basic Banking Services regulations by cashing federal government-issued cheques that are $1,500 or less at no charge for non-customers with proper ID.
    • TD opens personal accounts regardless of whether a person is unemployed, is or has been bankrupt or is unable to make an initial deposit, as long as required conditions are met.

    In the United States:

    • We provide banking accounts and services to lower-income families, those on government assistance and students.
    • Our Value Checking Account has a $3 monthly maintenance fee and does not require a monthly minimum balance.
    • Our Student Checking Account has no fee and no minimum balance requirement. Two overdraft fees can be waived in any year. Student Checking Account customers can also open a maintenance-fee-free Convenience Savings Account.