TD Bank Names Derek Davoli Portfolio Manager in Commercial Lending in Beverly, Mass.

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

BEVERLY, Mass. (December 14, 2011) – TD Bank, America's Most Convenient Bank, has promoted Derek P. Davoli to Portfolio Manager in Commercial Lending in Beverly, Mass. An assistant vice president, he will manage a portfolio of 37 existing commercial customers with an aggregate outstanding loan balance of approximately $106 million.

Davoli has seven years of experience in banking and lending. He joined TD Bank in 2004 as a Retail Management Trainee, served as a Customer Sales & Service Manager in Newburyport, and most recently as a Regional Credit Analyst based in Beverly.

A resident of Haverhill, Mass., Davoli is a member of the Board of Directors, serves as co-treasurer and volunteers as a coach for Riverside Bradford Baseball in Haverhill. He received an MBA in 2010 from Suffolk University in Boston and an undergraduate degree in finance in 2004 from Merrimack College in North Andover, Mass., where he graduated magna cum laude.

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 7.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,280 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized wealth management services through TD Wealth, and insurance products and services through TD Insurance, Inc. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. To learn more, find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS, on Twitter at www.twitter.com/TDBank_US or 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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