TD Bank plans to close 38 locations.
The bank applied with the Office of the Comptroller of the Currency to close the branches. The planned closures include six branches in Massachusetts, four in both Maine and New Hampshire, and two in Connecticut, according to published reports.
“As we evaluate how customers interact with us and the channels they use, this includes examining our physical store network and looking for opportunities to best serve our customers through an optimal mix of convenient TD Bank locations and digital banking products and services,” the bank said in a statement.
TD Bank agreed last year to pay a $1.8 billion fine to settle claims that it failed to properly monitor money laundering activity.