the staff of the Ridgewood blog
Ridgewood NJ, TD Bank announced it plans to close 81 branches, 13 locations in New Jersey including one in Ridgewood and one in Paramus.
In a statement, the Canadian-based bank with U.S. headquarters in Cherry Hill said the branch closures would be effective April 23 .TD Bank cited lower numbers of customers and transaction volumes, as well as proximity to other TD Bank branches in determining which location to close, according to the statement.
“TD is continually evolving the way we serve our customers and communities to best meet changing customer expectations and behaviors, remain competitive and drive long-term growth,” the bank said in a written statement.
Customers whose accounts are impacted by the closures have already been notified.
These New Jersey branches will close by April 23:
- 601 College Drive, Blackwood
- 1506 Berlin Road, Cherry Hill
- 351 Midland Ave., Garfield
- 1636 Route 38, Lumberton
- 571 New York Ave., Lyndhurst
- 688 Paramus Road, Paramus
- 430 N. Beverwyck Road, Parsippany
- 5 State Highway 31, Pennington
- 536 N. Maple Ave., Ridgewood
- 129 S. Black Horse Pike, Runnemede
- 10 Mule Road, Toms River
- 361 Union Blvd, Totowa
- 560 N. Ave. E, Westfield
The bank said that its branches are still an important part of its business and reinvestment could include store renovations and new store locations.
It used to be the ‘most convenient’ bank when it was Commerce Bank.
It was a strange operation and layout
I like TD Bank because they’re open seven days a week. But the problem is we have so many banks around. Maybe we can change that place into a Wawa, that would be a great location
TD bank does not care about people. They do not have to close the paramus and ridgewood branches. They should just go out of the banking business altogether and leave banking to banks that care about their customers convenience. Shame on TD bank.