News: Finance

TD Bank names Welch senior vice president

TD Bank has promoted Brian Welch to senior vice president - team leader in commercial real estate. He is responsible for developing new middle market and large institutional lending relationships, and overseeing a team of seven lending professionals who originate and manage a $1.2 billion portfolio of commercial real estate clients throughout the Greater Boston area. Welch has 15 years of banking experience, including 12 years in commercial real estate. Welch joined TD Bank in 2004 as a vice president - relationship manager, and has also worked at Eastern Bank in Boston and in small business lending at BankBoston. Welch is a member of the National Association of Industrial and Office Properties (NAIOP), the Real Estate Lenders Association (RELA), and the International Council of Shopping Centers (ICSC). A Braintree, Mass., resident, Welch received a degree in finance and management in 1994 from Northeastern University in Boston. TD 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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