Banking Giant To Shut Down 6 FL Branches: What To Know

TD Bank, one of the largest financial institutions in the United States, will close dozens of locations along the East Coast, the firm announced Monday.

All told, TD will close 51 branches in 12 states and Washington, D.C., they said. That includes six bank locations in Florida set to close by Jan. 29, 2026.

A company spokesman told Patch these sites are the six set for closure:

• Coral Gables/Alhambra: 255 Alhambra Circle, Coral Gables
• Miami Gardens Northeast: 1500 NE Miami Gardens Drive, North Miami Beach
• Tyrone Square: 2208 66th Street, St. Petersburg
• West Melbourne: 3125 W New Haven Avenue, Melbourne
• Crystal River: 1000 S.E. Highway, Crystal River
• Lake Placid: 1 US 27 North, 621 East, Lake Placid

In March, these Florida TD Bank sites were targeted for closure, the Daytona Beach News Journal said:

• Daytona Beach: 1590 S. Nova Road
• Lake City: 160 NW Main Blvd.
• Miami Beach: 500 Collins Ave.

"As part of our normal business practices, we regularly evaluate existing TD Bank stores, which may result in some closures, consolidations, or relocations as we look for opportunities to better align our network of stores with customer needs and preferences," TD Bank said in a statement at the time.

At Investor Day last month, TD shared plans to deliver that the business called a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and personalized, advice-led services.

"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," TD Bank said.

The announcement comes after the bank pleaded guilty in a federal money laundering scheme and agreed to a $3 billion fine back in October 2024, making it the first national bank to do so.

Deficiencies in the bank's anti-money laundering compliance program "allowed criminal proceeds to flow" to Colombian cartels, officials charged. Details on the case are online here.

TD Bank's U.S. headquarters are in southern New Jersey.