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Porte Neue is the typeface of effortless sophistication, and that’s why the Fast Company design team chose it for the latest issue
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E-Commerce
TD Bank is getting ready to implement a number of branch closures across more than a dozen states on the East Coast. Those closures come at a time when the bank is increasingly shifting its focus to online banking. Heres what you need to know about TD Banks branch closures, including a list of closing locations. Why is TD Bank closing some of its branches? TD Bank is closing some of its branches as part of a broader plan to reduce or relocate 10% of its retail footprint. “AtInvestor 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,” a spokesperson told Fast Company when reached for comment. “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.” The bank added that it expects to open new locations in the impacted communities, but it did not offer specifics and said such openings would be subject to approval by regulators. “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.” How many locations will close? TD Bank is set to close 51 branches and one remote drive-through location by the end of January 2026. The branch closures will affect locations in 13 states and Washington, D.C. The news of the upcoming planned closures comes after the company already closed dozens of branches across 10 states and Washington, D.C., earlier this year, as Fast Company previously reported. At TD Banks investor conference in September, CEO Leo Salom said the bank was reimagining its retail distribution model. “[Increasingly] clients expect greater personalization, and an elevated, more seamless omni-channel experience,” Salom said. “And to that end, we are accelerating investments in digital and mobile capabilities across sales, onboarding and servicing. Salom continued that TD Banks goal was to increase digital acquisition to 50% of total sales, enhance digital adoption to 70%, and drive digital self-serve above 90%. Greater digital banking usage means fewer stores are required. TD Bank is part of Toronto’s TD Bank Group. The company has 2,151 retail locations in North America, according to its Q3 2025 earnings report, including 1,100 branches in the United States. It’s unclear how many jobs will be impacted by the closures. TD Bank says its U.S. retail operations employ almost 29,000 people. Shares of Toronto-Dominion Bank (NYSE: TD) are up more than 51% year to date. Which TD Bank branches are closing? In this latest round of closures, TD Bank is expected to close 51 branches across 12 states and Washington, D.C. A number of local media outlets, including the Philadelphia Business Journal, had reported earlier on the closures, including listing some individual locations. The full list of planned TD Bank branch closures appears below. The bank confirmed the locations with Fast Company. Connecticut 123 East Main Street, Plainville, CT, 06062 826 Wolcott Road, Wolcott, CT, 06716 60 Redding Road, Redding, CT, 06829 Washington, D.C. 2000 K Street, NW, Washington, DC, 20006 Florida 2000 K Street, NW, Washington, D.C., 20006 255 Alhambra Circle, Coral Gables, FL, 33134 1500 NE Miami Gardens Drive, North Miami Beach, FL, 33179 2208 66th Street, St Petersburg, FL, 33710 3125 W New Haven Avenue, Melbourne, FL, 32904 1000 S.E. Highway, Crystal River, FL, 34429 1 US 27 North, 621 East, Lake Placid, FL, 33852 Massachusetts 175 Cabot Street, Beverly, MA, 01915 153 Meadow Street, Chicopee, MA, 01013 1708 Falmouth Road, Centerville, MA, 02632 45 Central Street, Lowell, MA, 01852 99 West Street, Pittsfield, MA, 01201 79 Lynnfield Street, Peabody, MA, 01960 242 Main Street, Wareham, MA 02571 (remote drive thru) Maryland 8661 Colesville Road, Silver Spring, MD, 20910 Maine 32 Goding Avenue, Lincoln Plaza, Lincoln, ME, 04457 835 Main Street, P.O. Box 266, Westbrook, ME, 04092 217 High Street, Ellsworth, ME, 04605 North Carolina 201 Wren Drive, Hendersonville, NC, 28792 New Hampshire 184 Route 101, Bedford, NH, 03110 2561 Main Street, North Conway, NH, 03860 New Jersey 385 White Horse Pike, Atco, NJ, 08004 177 Columbia Turnpike, Florham Park, NJ, 07932 571 East Bay Avenue, Manahawkin, NJ, 08050 232 Richmond Avenue, Point Pleasant, NJ, 08742 418 Belmont Avenue, Haledon, NJ, 07508 230 Forsgate Drive, Jamesburg, NJ, 08831 1100 Lake Street, Ramsey, NJ, 07446 4057 Asbury Avenue, Tinton Falls, NJ, 07753 New York 655 Avenue of the Americas, New York, NY, 10010 391 Jericho Turnpike, Jericho, NY, 11853 1144 Walt Whitman Road, Melville, NY, 11747 620 Route 25A, Mount Sinai, NY, 11766 576 Second Avenue, New York, NY, 10016 14 Main Street, Hudson Falls, NY, 12839 482-484 Bergen Street, Brooklyn, NY, 11217 Pennsylvania 399 Market Street, Philadelphia, PA, 19106 200 Lancaster Avenue, Devon, PA, 19333 9996 Haldeman Avenue, Philadelphia, PA, 19115 1064 Second St. Pike, Richboro, PA, 18954 131 East McDade Boulevard, Folsom, PA, 19033 South Carolina 260 Columbia Avenue, Chapin, SC, 29036 2003 N. Oak Street, Myrtle Beach, SC, 29577 5041 Calhoun Memorial Hwy., Easley, SC, 29640 307 North Main Street, Marion, SC, 29571 Virginia 6566 Little River Turnpike, Alexandria, VA, 22003 6260 Old Dominion Drive, McLean, VA, 22101 Vermont 27 East Allen Street, Winooski, VT, 05404 21 Elm Street, Woodstock, VT, 05091
Category:
E-Commerce
Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists use an economic model they call the Zillow Market Heat Index to gauge the competitiveness of housing markets across the country. This model looks at key indicatorsincluding home price changes, inventory levels, and days on marketto generate a score showing whether a market favors sellers or buyers. Higher scores point to hotter, seller-friendly metro housing markets. Lower scores signal cooler markets where buyers hold more negotiating power. According to Zillow: Score of 70 or higher = strong seller’s market Score from 55 to 69 = seller’s market Score from 44 to 55 = neutral market Score from 28 to 44 = buyer’s market Score of 27 or below = strong buyer’s market Within the ResiClub Terminalour data and analytics platform designed for housing sector executives, professionals, and investorsResiClub PRO members can access this index output along with roughly 70+ other metrics. For todays issue, weve included a screenshot showing a metro-level view of the Zillow Market Heat Index for every September reading since 2019. (The ability to change dates is one of the features in the ResiClub Terminal that helps housing stakeholders better analyze the housing market.) What the index looked like in September 2019: What the index looked like in September 2020: What the index looked like in September 2021: What the index looked like in September 2022: What the index looked like in September 2023: What the index looked like in September 2024: What the index looked like in September 2025: Do I agree with Zillows assessment? Directionally, I believe Zillow has correctly identified many regional housing markets where buyers have gained the most powerparticularly around the Gulfas well as markets where sellers have maintained (relatively speaking) somewhat of a grip, including large portions of the Northeast and Midwest. Based on my personal housing analysis, I consider Southwest Florida the weakest/softest chunk of the U.S. housing market this year. Not too far behind are pockets of Texas and Coloradowhich have also seen a bigger build-up in resale inventory and unsold new-build spec inventory over the past three years. In my view, many West Coast markets were softer this year than Zillows analysis suggestsin particular the areas that have recently seen big jumps in active inventory for salewhile some areas in the Midwest are a little tighter than Zillow suggests. One more thought: The Zillow Market Heat Index should not be the only metric housing stakeholders look at when assessing market temperature. At a minimum, Id also recommend looking at the speed of active inventory change, active inventory now versus the same month in 2019, year-over-year home price change, and seasonally adjusted month-over-month home price change. All of those metrics can be found in the ResiClub Terminal down to the ZIP Code level.
Category:
E-Commerce
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