Listen to this articleTD Bank is restructuring its Mid-South Metro segment into two new regions – the Mid-Atlantic Metro and Southeast Metro – the Mount Laurel-based financial institution announced Dec. 17.
Effective immediately, the moves aim to “unify service models, accelerate decision-making, and deepen access to expertise that supports clients and communities where they need it most.”
New Jersey is included in the Mid-Atlantic Metro, which will be led by Regional President Rob Curley, a 36-year TD Bank veteran, TD Bank noted. Curley was promoted to his current role in June 2022.
The Mid-Atlantic Metro will also include Pennsylvania, Delaware, Maryland, Washington, D.C., and Virginia.
The Southeast Metro will be led by Regional President Nick Miceli, also a longtime bank executive, and will include North Carolina through Florida.
TD Bank noted that existing leadership will remain in place in all areas.
“By empowering local teams with greater resources and decision-making authority, we’re positioning ourselves to respond more quickly, support local growth more effectively, and build even deeper relationships with our clients and community,” Andy Bregenzer, head of regional and small business banking, TD Bank, said of the restructuring.
The realignment follows the bank’s announcement in November that it will close more than 50 branches nationwide – including eight in New Jersey – by the end of January 2026.
According to a Worker Adjustment and Retraining Notification (WARN) filed with the state labor department in November, TD Bank will eliminate 74 positions in New Jersey next month. The Courier Post first reported the layoffs.
A TD Bank representative confirmed to NJBIZ that the WARN notice was related to retail store closures in New Jersey and not to the metro restructuring.
The bank also cut more than 50 Garden State jobs earlier this year.
