TD Bank plans to close three more branches in Connecticut as part of a broader effort to shrink its physical footprint. The closures, set for January 29, come after earlier shutdowns in Torrington and North Branford.
The bank’s focus seems to be shifting more toward digital banking and technology. Folks and businesses in Plainville, Wolcott, and the Georgetown section of Redding will feel this change most directly.
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TD Bank says customers can still use its network of over 1,000 branches, plus a full suite of online services.
Details of the Upcoming Closures
Here are the Connecticut locations that will close:
- 123 East Main Street, Plainville
- 826 Wolcott Road, Wolcott
- 60 Redding Road, Georgetown (Redding)
Employees at the Plainville and Wolcott branches have mentioned that these sites didn’t see much traffic. The closures look like a way to focus resources on busier spots.
The Georgetown branch, out in western Redding, is also on the chopping block as part of this plan.
A Nationwide Trend in Banking
This isn’t just a Connecticut thing. Across more than a dozen states and Washington, D.C., TD Bank is shutting 51 branches.
The company says it’s moving resources to strengthen its U.S. retail presence, with more investment in digital tech and customer service.
Adapting to the Digital Shift
TD Bank officials point to the rise of online and mobile banking as the main driver here. More people now use apps and secure websites for their banking than ever before.
This trend goes way beyond TD Bank. It’s happening throughout the financial industry, in Connecticut cities like Hartford, New Haven, Stamford, Bridgeport, and pretty much everywhere else.
Commitment to Connecticut Communities
TD Bank says it still wants to serve Connecticut customers, even with these closures. A spokesperson explained that the company reviews its branch network from time to time to make sure it matches up with what communities need.
So, while some branches close, new ones could open down the line—if regulators give the green light.
People in the affected towns can still bank at nearby TD Bank locations, like in Bristol, Waterbury, and Danbury. Digital banking tools—mobile deposits, bill pay, virtual consults, secure online transfers—remain available too.
Recent Financial Challenges for TD Bank
All this is happening as TD Bank faces some tough headlines. Earlier this year, the bank agreed to pay a $3 billion fine related to a money laundering case involving drug cartels.
TD Bank says this settlement won’t affect customer service, but there’s no doubt the penalty has led company leaders to rethink their priorities.
What Customers Should Do Before the Closures
If you live in Plainville, Wolcott, or Georgetown, here are a few things you might want to do:
- Find out which TD Bank branches are closest for in-person visits.
- Get comfortable with TD Bank’s online and mobile banking features.
- Call customer service if you need help moving direct deposits or recurring payments.
- If in-person banking is a must for you, consider opening accounts elsewhere or at another branch.
Looking Ahead
TD Bank’s presence in Connecticut keeps shifting, with fewer branches but a stronger digital backbone. In towns like Hartford, Stamford, and New Haven, this trend matches how banking is changing—these days, convenience might mean tapping your phone, not standing in line at a teller window.
Branch closures in Plainville, Wolcott, and Georgetown will definitely be noticed by locals. Still, TD Bank says it’ll keep service accessible through technology and nearby locations, which is a big part of their plan.
The January deadline is coming up fast. Now’s a good time for customers to look at their banking habits and figure out what works best.
Whether you stick with TD Bank’s digital tools or visit another branch, there are options to keep your banking running smoothly during the switch.
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Here is the source article for this story: Major National Bank Closing 3 More Branches In Connecticut: Here’s Where
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