TD Bank Closing 50+ Branches Across New Jersey and Region

TD Bank is cutting back on its physical branch network, and New Jersey’s feeling it the most. The bank calls these closures a strategic modernization to boost digital banking, but it’s hard to ignore that this comes right after a $3 billion settlement for federal money-laundering violations. That timing? It definitely raises eyebrows.

Let’s look at the scale of the closures and what they might mean for customers and communities—especially around Jersey City.

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TD Bank’s Growing List of Closures

Earlier this year, TD Bank shut down several New Jersey branches, including spots in Cedar Grove, Marlton, Spring Lake Heights, Ringwood, and Raritan Township. Now, the pace is picking up.

By late 2025 and into 2026, TD plans to close more than 50 additional branches across 13 states. In New Jersey, these closures will hit:

Atco
Florham Park
Manahawkin
Point Pleasant
Haledon
Jamesburg
Ramsey
Tinton Falls

That’s about 10% of TD Bank’s branches nationwide. It’s a big move toward online-first banking, whether folks are ready or not.

States Beyond New Jersey Seeing Changes

This isn’t just a Jersey problem. Other states on the chopping block include Connecticut, Florida, Massachusetts, Maryland, Maine, New York, and Pennsylvania. If you like in-person service, you might have to travel farther—or switch to digital entirely.

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The Official Reason: Digital Transformation

TD Bank says it’s shifting away from physical branches to invest in digital platforms, mobile apps, and online tools. They claim the goal is to meet customers “where they are”—mostly on phones and laptops, not at the teller counter.

Critics Question the Timing

Sure, digital banking is taking off everywhere. Still, critics can’t help but notice the timing. The move comes right after that $3 billion settlement for money laundering violations. Some wonder if this is really about modernization, or if TD Bank’s just scrambling to cut costs and save face.

Impact on Local Communities

Branch closures ripple out in ways that go way beyond minor inconvenience. Local businesses, seniors, and people without solid internet may suddenly find it harder to bank at all.

In New Jersey, these closures could disrupt relationships between branch staff and longtime customers—connections that built trust in all kinds of neighborhoods.

Adapting to a Digital Banking Future

If you’re someone who likes face-to-face banking, you might have to adjust. That could mean traveling to the next town, getting comfortable with mobile apps, or even switching banks for better in-person service.

TD Bank and Jersey City

Jersey City’s a fast-changing place where finance and city life overlap. These closures make people rethink how they handle their banking.

Many customers here use a mix of old-school and new-school banking. If the cuts reach Hudson County, locals might have to rethink where to stay in Jersey City for easy access to banks—especially visitors booking at Jersey City hotels who still need in-person help.

Traveling Into the City

Getting to Jersey City is still easy, thanks to solid transit links to New York and nearby areas. But with fewer branches, travelers may want to plan ahead for cash or paperwork needs.

Banking Amid Local Attractions

Whether you’re here for business or leisure, there’s no shortage of things to do in Jersey City. You can stroll along the waterfront, browse art galleries, or grab a bite at some incredible restaurants.

The shrinking footprint of certain financial institutions could subtly reshape the urban experience. Folks who like to squeeze in banking errands while out and about might notice the difference.

TD Bank’s branch closures are part of a nationwide shift. The push for digital convenience and regulatory pressures are driving these changes.

For Jersey City, the impact might not hit right away. Still, it’s a reminder—sometimes even your local bank isn’t as permanent as it seems.

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Here is the source article for this story: TD Bank To Close Over 50 Branches Across New Jersey And Beyond