TD Bank recently announced its Community Impact Plan, an initiative to further its long-standing commitment to community empowerment and economic growth.
TD Bank’s Community Impact Plan is a three-year commitment with an estimated $20 billion in lending, philanthropy, banking access, and other activities for the benefit of diverse and underserved communities. As part of the initiative, the bank is engaging with stakeholders and experts close to the issues at hand to gain a deeper understanding of community needs and aspirations. To foster meaningful progress, TD formed a Community Advisory Board comprising a diverse set of leaders from organizations within the bank's footprint. “The Community Impact Plan reinforces TD’s commitment to financial inclusion, sustainable growth, and social progress in the communities we serve. The establishment of the Community Advisory Board is a critical step in this effort," said Leo Salom, president and CEO of TD Bank. 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.” TD's Community Advisory Board will convene to exchange ideas and provide concrete, actionable recommendations, helping to ensure the bank's initiatives through the Community Impact Plan meet local needs. The inaugural meeting will be held Tuesday, Oct. 29. The following individuals will join TD’s Community Advisory Board: * Tonya Matthews, Ph.D., president and CEO, the International African American Museum in Charleston, South Carolina. Matthews has more than 20 years of experience in nonprofit executive leadership, education, and arts and culture. She founded The STEMinista Project and STEMinista Rising, initiatives promoting gender inclusivity in STEM fields. Said Matthews: "I am excited to see TD Bank step forward with its Community Impact Plan and look forward to Community Advisory Board conversations that resonate across the inclusive interests of our community, from spurring new business to ensuring generational wealth." Matthews added, "We live in a time that makes it possible for the banking industry to leverage decades of significant community impact built through corporate philanthropy and financial literacy. Community-centered approaches to investment, lending and banking practice can help redefine a community – and be the spark for sustainable, reparative, prosperous community growth and resilience for generations to come." * Brian Harris, Catawba Nation Chief in Rock Hill, South Carolina. The Catawba Nation’s ancestral lands include the Piedmont regions of South and North Carolina. Harris’ work includes more than 20 years in tribal governance, cultural preservation and economic development. Said Harris: "Our ancestors always emphasized the importance of collective wisdom and community involvement. TD's Community Advisory Board embodies those values, bringing together individuals from diverse backgrounds and experiences to offer guidance and insights on the issues that matter most to us." Harris added, "I am confident that this board will play a vital role in strengthening communities and shaping a brighter future for generations to come. It is my sincere belief that all members of this group will actively engage, share their ideas and concerns, and work together to build a stronger, more prosperous community for all." * Seema Agnani, CEO, National Coalition for Asian Pacific Community Development. She is based in greater New York City and has more than 25 years of experience in community development, capacity building and immigrant rights. * Tony Allen, Ph.D., CEO, Delaware State University in Wilmington. He has more than 20 years of experience in education and nonprofits and serves as chair of President Biden’s board of advisers on historically Black colleges and universities (HBCUs). * Marla Bilonick, president and CEO, National Association for Latino Community Asset Builders. She is based in Washington, D.C., and has more than 20 years of experience in small business development, community-based financial services and international aid. She is the first Latina chair to the Department of the Treasury's CDFI Fund Community Development Advisory Board. * Anthony Carter, former chief diversity officer, Johnson & Johnson (retired). His 40-year career spanned the corporate, government and nonprofit sectors, and his expertise is in global diversity and inclusion and corporate leadership. Carter is based in Florida and is a frequent lecturer on diversity and social justice topics. * Kimberlyn Leary, Ph.D., executive vice president, Urban Institute. Leary, based in Boston, has expertise in psychology, public health and gender equity, and she is a professor at Harvard Medical School and in the Department of Health Policy at the Harvard T.H. Chan School for Public Health. She also served as a White House adviser during two presidential administrations. * Marc Morial, president and CEO, National Urban League. He is based in the New York City metro area and has more than 30 years of experience in urban advocacy, civil rights, and community lending and investment. Under his leadership, The National Urban League launched several key programs designed to reduce unemployment and empower minority-owned businesses. * Michael T. Pugh, CEO, Local Initiatives Support Corporation in New York City. He has more than 30 years of experience in banking with a focus on expanding access to capital for underserved families, businesses and communities. Pugh is the former CEO of Carver Federal Savings Bank, the nation’s largest publicly traded African American-operated bank. * Marietta Rodriguez, president and CEO, NeighborWorks America. She is based in based in Washington, D.C., and has more than 20 years of experience addressing homeownership, foreclosure prevention, and promoting community building and engagement. * Jesse Van Tol, president and CEO, National Community Reinvestment Coalition. He is based in Washington, D.C., and has more than 15 years of experience in community development, economic justice and advocacy. Van Tol serves on the advisory councils of several large financial institutions and has worked to generate $300 billion in new investments in low- and moderate-income communities through community benefits agreements. TD Bank is a subsidiary of The Toronto-Dominion Bank, a top 10 North American bank. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD." | 
