TD Announces $500,000 in Contributions to Aid Hurricane Helene Relief and Recovery

Rhea-AI Summary

TD has announced a $500,000 contribution to support relief efforts in Florida, North Carolina, and South Carolina following Hurricane Helene. The donations will be distributed to local non-profits leading recovery efforts across the three states, with $300,000 allocated to North Carolina, and $100,000 each to South Carolina and Florida.

TD is also offering an employee donation matching program, pledging to match contributions up to $50,000. The bank is providing support to affected employees through small grants and offering financial assistance to impacted customers through the TD Cares program, which includes fee refunds and other support for eligible consumers and businesses.

Positive

• TD's $500,000 contribution demonstrates commitment to community support
• Employee donation matching program encourages additional support
• TD Cares program offers financial assistance to affected customers

Negative

• None.

Donations will support efforts in Florida, North Carolina and South Carolina

CHERRY HILL, N.J.--(BUSINESS WIRE)-- TD today announced $500,000 in contributions to support local relief efforts in parts of Florida, North Carolina and South Carolina following Hurricane Helene. Donations will be distributed to a few local non-profits leading recovery efforts across the three states.

TD will give $300,000 to non-profit organizations in North Carolina, $100,000 in South Carolina and $100,000 in Florida. TD colleagues may also donate voluntary amounts to select local non-profits in the three states through the bank's employee giving portal, which the bank will match dollar-for-dollar up to $50,000 total.

"TD is unequivocally committed to helping our customers, colleagues and community members in this difficult time," said Chris Ward, Regional President of the Mid-South Metro, TD Bank. "The devastation in the central and western parts of North and South Carolina is unprecedented in the region, and we extend our support during the long road to recovery."

In addition, eligible TD employees impacted by Helene have access to a range of resources, including the opportunity to obtain small grants from the bank to help with costs such as insurance deductibles and certain personal, family, funeral or living expenses.

"Floridians are incredibly resilient but we know the recovery process from Hurricane Helene will take weeks and even months," said Nick Miceli, Regional President of Florida, TD Bank. "Our thoughts are with our neighbors and TD is here to help."

The bank's community support also includes offering financial assistance through TD Cares to customers who were directly impacted by the storm. TD Cares is a relief program that includes fee refunds and other support for eligible consumer and business customers.

About the TD Charitable Foundation

The TD Charitable Foundation is the charitable giving arm of TD Bank, America's Most Convenient Bank^®, one of the 10 largest banks in the U.S., providing over 10 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. Since its inception in 2002, the Foundation has distributed over $323 million through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation is available at https://www.tdbank.com/corporate-responsibility/the-ready-commitment/funding-opportunities/.

About TD Bank, America's Most Convenient Bank^®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S. by assets, providing over 10 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth^®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Instagram at www.instagram.com/TDBank_US/.

TD Bank is a subsidiary of The Toronto-Dominion Bank, a top 10 North American bank. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241003992612/en/

Media:

Martha A. Gaston, APR

TD Bank, VP, Senior Corporate Communications Manager

Martha.Gaston@td.com

Source: TD

FAQ

How much is TD donating for Hurricane Helene relief efforts?

TD is donating $500,000 to support relief efforts in Florida, North Carolina, and South Carolina following Hurricane Helene.

How is TD (TD) allocating its Hurricane Helene relief donations across states?

TD is allocating $300,000 to North Carolina, $100,000 to South Carolina, and $100,000 to Florida for Hurricane Helene relief efforts.

What additional support is TD (TD) offering for Hurricane Helene relief?

TD is offering an employee donation matching program up to $50,000, providing small grants to affected employees, and offering financial assistance to impacted customers through the TD Cares program.

What is the TD Cares program for Hurricane Helene relief?

TD Cares is a relief program offering fee refunds and other support for eligible consumer and business customers impacted by Hurricane Helene.