Business & Tech

Banking Giant To Shut Down 6 Philly Area Branches: What To Know

One of the east coast's largest banks is shutting down several area locations.

TD Bank, one of the largest financial institutions in the United States, will close dozens of locations along the east coast, they announced Monday.

All told, TD will close 51 branches in 12 states and Washington, D.C., they said. That includes six bank locations in the greater Philadelphia area.

The list of locations has not yet been announced by the bank itself, but was reported by the Philadelphia Business Journal:

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  • 99 Market Street, Philadelphia
  • 9996 Haldeman Avenue, Philadelphia
  • 200 Lancaster Avenue, Devon
  • 1064 Second St. Pike, Richboro
  • 131 East McDade Boulevard, Folsom
  • 385 White Horse Pike, Atco, New Jersey.

Closures will be in place by Jan. 29, 2026. After these branches close, TD Bank will have about 139 locations left in the Keystone State.

TD Bank already shut down three Pennsylvania locations back in March, including 8600 Germantown Pike in Chestnut Hill, 346 West Trenton Avenue in Morrisville, and 101 Lancaster Avenue in Frazer.

Find out what's happening in Across Pennsylvaniafor free with the latest updates from Patch.

"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.

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.

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