The Bank Slate


TD Bank forms community advisory board under $20B impact plan

TD Bank has agreed to a three-year, $20 billion community impact plan.

The bank said in a press release that it had formed an 11-member community advisory board in conjunction with the plan.

The board includes members from groups such as Asian Pacific Community Development, National Association for Latino Community Asset Builders and the Urban Institute.

The plan “reinforces TD’s commitment to financial inclusion, sustainable growth and social progress in the communities we serve,” Leo Salom, TD Bank’s president and CEO, said in the release.

“The establishment of the community advisory board is a critical step in this effort,” Salom added. “The board brings together top-tier executives, influential community leaders and individuals with exceptional experience. Their independent oversight will help us stay true to our mission and maximize the positive outcomes of our plan.”

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