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About TD Bank
On May 10, 2000—after various mergers and acquisitions—Banknorth Group Inc. of Portland, Maine ("Banknorth") came into being, as a holding company for banking and insurance activities, primarily serving the New England area of the United States. On December 31, 2001, Banknorth Group, Inc., merged its seven subsidiary banks into one bank— Banknorth NA—under the Peoples Heritage Bank charter dating back to 1852, with one OCC charter. In August 2004, Toronto-Dominion Bank—which operates as TD Bank Financial Group—became the majority owner, renaming it "TD Banknorth, N.A." In connection with the transaction, Banknorth changed its name to TD Banknorth Inc. and reincorporated in Delaware. In July, 2005, TD Banknorth announced that it had acquired Hudson United Bank, based in Mahwah, New Jersey. The acquisition expanded TD Banknorth’s presence in New York and extended the franchise into northern New Jersey and Philadelphia. In April 2006, TD Banknorth announced acquisition of Interchange Financial Services Corp., ad