Major National Bank Closing 3 More Branches In Connecticut: Here's Where

Three more TD Bank Branches in Connecticut have been designated for closure.

They are part of a 51-branch hit list that carries over a dozen states and the District of Columbia.

A TD spokesman and staffers told Patch that the Connecticut stores set to close on January 29 are:

• In Plainville at 123 East Main Street, Plainville, CT, 06062
• In Wolcott at 826 Wolcott Road
• In the Georgetown part of Redding at 60 Redding Road in Redding

Staffers at the Wolcott and Plainville locations said their branches are considered low traffic.

In the announcement, bank officials said TD Bank is shifting, in part, to a more "digital-centric model" in response to increased online banking.

Bank officials said. "At Investor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and personalized, advice-led services. We also regularly evaluate our network to ensure we're serving our communities where they need us, which at times results in store closures or relocations to nearby neighborhoods. In due course, we expect to open new stores in these communities, subject to regulatory approval. In the meantime, we're committed to making these transitions as smooth as possible for clients and customers, serving them at more than 1,000 TD Bank locations or via whatever channel they choose."

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It is the second recent set of closures.

On June 5, branches that closed in Connecticut were:

• 215 High Street in Torrington
• 1289 Foxon Road in North Branford

Those closures were announced in March. Then, the decision to close more branches comes as the company continued to deal with the fallout from agreeing to pay a $3 billion fine after pleading guilty in a money laundering scheme that funneled hundreds of thousands of dollars to drug cartels.

Those branch closures span 10 states and the District of Columbia and were listed in filings to the Office of the Comptroller of the Currency and a list obtained by Fast Company.