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.


  • Are you a member of the media and have a question about TD's corporate History?

  • Looking for archived financial information, including reports, public filings and statements?

  • Looking for more information on TD's contributions to the community?

Interested in working at TD?

TD is a great organization powered by great people who want to make a difference every day. Every day, we deliver legendary customer and client experiences to our approximately 22 million customers.
Search Jobs

Learn more about our company history