Major Bank Closing More Branches In NJ: See Where, When

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

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

It is the second round of closures announced by the bank in 2025, and comes after the bank pleaded guilty in October 2024 in a federal money laundering scheme and agreed to a $3 billion fine. It was 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 for more than a decade, officials charged. Details on the case are online here.

The branches set to close in January are as follows, according to Fast Company:

• 385 White Horse Pike, Atco
• 177 Columbia Turnpike, Florham Park
• 571 East Bay Avenue, Manahawkin
• 232 Richmond Avenue, Point Pleasant
• 418 Belmont Avenue, Haledon
• 230 Forsgate Drive, Jamesburg
• 1100 Lake Street, Ramsey
• 4057 Asbury Avenue, Tinton Falls

"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," Fast Company reported.

It is the second round of closures announced this year by the corporation whose U.S. headquarters is in Cherry Hill. The branches closed in the first round in New Jersey were:

• 85-107 Pompton Avenue, Cedar Grove
• 191 E Route 70, Marlton
• 145 Skyline Drive, Ringwood
• One Royal Rd, Raritan
• 555 Warren Avenue, Spring Lake Heights

"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," the company told Patch in March.

TD Bank has more than 260 branches and ATMs in New Jersey.