Rich Bochicchio Joins TD Bank as Managing Director in Asset Based Lending in Metro NYC

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

WILTON, Conn. (March 26, 2015) – TD Bank, America’s Most Convenient Bank®, has named Richard (Rich) Bochicchio as Managing Director-Business Development in Asset Based Lending. Based in Wilton, Conn., he is responsible for developing new and expanding existing ABL relationships across the Metro NYC market.

Bochicchio has more than 30 years of experience originating and executing ABL and leveraged finance transactions. Prior to joining TD Bank, he served as Head of ABL at Sterling National Bank in New York City, which provided asset based lending solutions to middle market companies nationwide. Before that, Bochicchio was Managing Director at AloStar Business Credit, where he originated middle market asset-based lending transactions. He co-founded Seaward Partners, LLC, a private investment fund, and was a founding member of Crystal Capital Fund as well as Managing Director of Back Bay Capital Funding, one of the creators of the second lien loan product. Bochicchio also has  held senior positions at Fleet Boston Financial/Bank of America and started his career at Chase Manhattan Bank (predecessor to JP Morgan).

Bochicchio is a member of the Association of Corporate Growth, the Commercial Finance Association (CFA), and the Turnaround Management Association (TMA), where he serves on its Global Executive Board and as VP-Chapter Relations and Past–President of the New York City Chapter. He is a frequent speaker at industry events on distressed investing, second lien lending and asset based lending.

“Metro New York City is an important market for TD Bank,” said Jeffery W. Wacker, Head of ABL Business Development. “We welcome Rich and his depth of experience and skill, and look forward to building on the tradition of providing legendary service for our customers.”

A ­­­­New Canaan, Conn., resident, Bochicchio received an MBA from New York University and an undergraduate degree from State University of New York at Albany.

About TD Bank, America's Most Convenient Bank^®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth^®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.

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. 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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