"The integration risks are high for this deal versus other bank deals, due to the fact td commerce bank login the culture of the organization will change dramatically," Cassidy said, adding the price could reflect expectations of higher than normal customer turnover.

The deal will close in March or April 2008, subject to shareholder and regulatory approval.

To reduce exposure to changes in interest rates, Commerce said it will sell a portion of its fixed-rate investment securities portfolio and reinvest in short-term or stubhub co uk contact number AAA-rates securities.

This will result in an aftertax charge of about $150 million for Commerce in the third quarter.

Robust Canadian Dollar

TD said the the transaction is expected to be 28 cents dilutive to its fiscal 2008 earnings, and 22 cents dilutive in 2009. On an adjusted basis, it will be 10 cents dilutive in 2008 and flat in 2009.

Cross-border acquisitions have been made easier for Canadian firms by the robust Canadian dollar, which reached parity with the U.S. dollar recently for the first time in more than 30 years.

Canadian banks are prevented from merging with each other.

"So unless td commerce bank login are making acquisitions in the United States, you are not making acquisitions at all," said Neil Andrew, associate portfolio manager at Leeward Hedge Funds.

"They have had the wind at their back for the last five years and now what is staring them in the face is the fact that trading volumes might slow, underwriting deals might slow and M&A might slow."

TD Banknorth, the U.S. arm of TD, already has a presence in New Jersey and parts of Philadelphia, Cassidy added, "so there certainly will be some branch reductions."

MOUNT LAUREL (AP) -- Canada's TD Bank Financial Group said Tuesday it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. for $8.5 billion in cash and stock.

The deal would double TD Bank's United States presence, adding Commerce's roughly 460 branches on the East Coast.TD Bank, one of Canada's five largest banks, had about $404 billion in assets as of July 31. Commerce had about $48 wells fargo bank branch locations near me in assets as of June 30.

TD Bank owns TD Waterhouse Canada and TD Waterhouse U.K., along with a stake in TD Ameritrade.

The deal would also mean New Jersey's largest homegrown bank would no longer be based in the state.

Terms call for a 75 percent stock and 25 percent cash transaction that values Commerce at $42 per share, a 7 premium over the stock's Monday closing price of $39.61.

Commerce Bancorp shares rose 12 cents to $39.74 in morning trading Tuesday after briefly rising to a 52-week high of $41 earlier in the session.

The banks said the deal would close in the spring of 2008 if regulators approve.

Some analysts said a sale became a possibility in June when Commerce's iconoclastic founder, Vernon W. Hill II, was forced out in a settlement with federal regulators.

During Hill's 34 years running Commerce, the bank grew almost from one office in the Philadelphia suburbs to a major player in banking on the East Coast. Commerce now has branches between New York City and Washington, and in Florida.

The growth came almost entirely through building new facilities -- as opposed to buying existing banks. A major reason for that strategy is that Commerce has a different corporate culture from other banks and a business model that works more like a retailer than conventional banks.

Until now, the company has also resisted combinations with larger banks.

As part td commerce bank login the deal, TD Bank said it had agreed to negotiate to sell Commerce's insurance division back to its founder, George E. Norcross III, a fundraiser and powerbroker in Democratic Party politics in New Jersey.

Under terms of the deal, Commerce shareholders will receive 0.4142 shares of TD Bank common stock and $10.50 in cash for each share of Commerce.

Toronto-based TD Bank will take a one-time pretax restructuring charge of $490 million once the deal closes. The acquisition is expected to dilute 2008 earnings by 28 cents per share and 2009 earnings td commerce bank login 22 cents per share.

TD Bank is rolling out its first mobile application for tablets to reach a wider target audience of consumers looking to conduct online banking on personal devices.

The bank developed the tablet app, available for iOS and Android platforms, after discovering many of its customers were using tablets to visit the Web site or were using the mobile app on tablet devices. The TD Bank tablet app offers the same functionalities and feel as the mobile app, but is optimized for a larger screen.

“Leveraging mobile, and all channels, is critical to the banking sector,” said Mike Coyne, head of U.S. digital strategy and planning for TD Bank, Dover, DE. “Customers want the same experience no matter how they do their banking, so banks must evolve with consumers’ lifestyles and enable them to connect through all channels – online, mobile, in the branch, via the ATM and over the phone.”

Mobile banking features
The tablet enables users to manage their personal bank accounts and check their td commerce bank login and transactions for checking, saving and money market accounts. TD Bank has found that consumers prefer online banking on tablets due to the wider screen and easier ability to see figures and details.

Guests can also use TD Bank’s Mobile Deposit feature, which allows users to snap a photo of the front and back of a check and select which account they would like the money to be immediately deposited into. Mobile Deposit also offers directions to the nearest bank branch or ATM, and has transfer and bill paying functionalities.

Customers can report a lost or stolen debit or credit card through the tablet app, as well as send a link to share the app with a friend.

For users that have inquiries about mobile banking, a one-touch “Contact Us” button is available td commerce bank login connect for round-the-clock customer support.

“Initial response has been great with nearly 3,500 downloads, and we anticipate customers to continue to download and use the app for their on-the-go banking needs as they buy and receive new tablets as gifts this holiday season,” Mr. Coyne said.

Banks and mobile
More banks and financial institutions have discovered the benefits of offering extensive services on mobile, and using a mobile strategy to create personalized experiences for customers. U.S. Bank recently predicted that banks will see beacon technology take off in 2015, leading to more customized services (see story).

Beacons will enable banks to send relevant push notifications to consumers in their areas with features such as personalized maps of the branch, custom services based on the user’s accounts and special promotions.

Meanwhile, mobile imaging is set to become a fixture in banks’ mobile strategies, a capability that TD Bank already offers in Mobile Deposit. Mobile capture software firm Mitek has discovered that consumers prefer to conduct financial transactions by using a smartphone camera to snap a document.

This functionality removes the friction of having to enter longwinded numbers or information into a mobile device, and is optimal for on-the-go guests.

“Apple Pay is now available for TD Bank debit and credit card customers, and we are pleased to provide our customers with another convenient, easy and secure way to make their mobile payments,” Mr. Coyne said. td commerce bank login will continue to evolve our  mobile capabilities, focusing on those areas that align best to our brand td commerce bank login of being America’s Most Convenient Bank.”

Final Take
Alex Samuely is an editorial assistant on Mobile Commerce Daily, New York

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TD Bank online accounts can be used to check balances, transfer funds, and complete person-to-person payments.

Online Login

Step 1 — Go to the homepage and click the ‘log in’ button in the box on the top-right corner of the page that is outlined in the image below.

Homepage

Step 2 — You will be taken to a page where you need to enter your username and password. Click ‘log in’ to access online banking.

Login screen

• Forgot username — This page has some username hints.

  Username hints

   

• Forgot password — If you forget your password, go to this webpage where you will need to enter your username and answer two security questions. you can then change your password.

  Password reset

   

Mobile Apps

TD Bank has mobile applications for Apple devices, Android, and Blackberry

Screenshots

iPad-Tablet

Enroll in Online Banking

Step td commerce bank login — Go to the homepage and click the ‘sign up’ link in the login box. You will be taken to this webpage.

Step 2 — Select whether you want a personal or business online account. Hit ‘continue’ and you will be taken to a page with the TD online banking user agreement. Check the box on the bottom of the page to agree.

Step 3 – You will now be taken to a page where you will need to enter this information:

• SSN
• Debit card number
• Account number
• First name
• Last name
• Email
• Create username
• Create password

Step 4 — You will be taken to a page where you will create security questions