R. David Korngruen Named Commercial Portfolio Loan Officer at TD Bank in Mahwah, N.J.

TD Bank, America's Most Convenient Bank, provides customers with a full range of financial products and services at 1,300 convenient locations from Maine to Florida

MAHWAH, N.J. (February 17, 2011) – TD Bank, America's Most Convenient Bank, has named R. David Korngruen as Commercial Portfolio Loan Officer – Vice President in Middle Market Lending in Mahwah, N.J. He is responsible for supporting the bank’s relationship managers through the structuring and underwriting of new and existing middle market commercial loans.
Korngruen has 31 years of experience in banking and lending. Prior to joining TD Bank, he served as a Relationship Manager – Vice President at Israel Discount Bank of New York.

A resident of Cranford, N.J., Korngruen serves as Third Vice President at Temple Sholom of Fanwood, N.J. He received a Masters in Public Administration from American University in Washington, D.C., and an undergraduate degree in 1977 from the University of Wisconsin-Madison. Korngruen grew up in Somerset, N.J., where he graduated from Franklin High School in 1972.

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the United States, providing customers with a full range of financial products and services at more than 1,250 convenient locations from Maine to Florida. On September 30, 2010, The South Financial Group, Inc. was acquired by TD Bank Group, and its subsidiary Carolina First Bank merged with TD Bank. Carolina First Bank will continue to operate under the trade names Carolina First Bank in North and South Carolina and Mercantile Bank in Florida until conversion and rebranding in 2011. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. Carolina First Bank and Mercantile Bank are trade names of TD Bank, N.A. For more information, visit www.tdbank.com.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America and one of the few banks in the world rated Aaa by Moody's. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com.

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