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TD Expands Access to Affordable Everyday Banking for Indigenous Peoples
TD Bank Group (“TD”) (TSX: TD) (NYSE: TD) is proud to announce an expansion of its low-cost and no-cost banking options for Indigenous Peoples from Canada, reinforcing the bank’s ongoing commitment to fostering financial inclusion and strengthening economic reconciliation.
As part of these enhancements, the TD Minimum Chequing Account will now be available with no monthly fee for Indigenous Peoples from Canada, starting November 28, 2025. Key features include:
- 12 debit transactions per month, including up to 2 completed in a TD branch or through EasyLine Telephone banking
- Unlimited public transit transactions at most Canadian public transit agencies/merchants
- No Interac e-Transfer® fee when sending funds
- Free digital monthly statements
- No minimum balance requirement
- $0 monthly fee on TD Monthly Plan Overdraft Protection
This announcement builds upon TD’s ongoing efforts toward Truth and Reconciliation. In TD and Indigenous Communities in Canada 2025 Update Report, TD has prioritized eliminating barriers to financial services, supporting affordable housing, and expanding opportunities in education and employment for Indigenous Peoples across the country.
Advancing Access for Indigenous Communities
This expanded access reflects TD’s ongoing commitment to strengthening economic participation and reducing systemic barriers that continue to impact First Nation, Inuit and Métis people.
“We know that meaningful access to banking services plays a crucial role in building financial well-being,” said Doris Bear, Vice President, Indigenous Banking, TD. “By broadening our no-cost offering, we’re taking another step forward in our work to support Indigenous communities’ financial goals and promote reconciliation in a tangible way.”
The no-monthly-fee option will be available to Indigenous Peoples from Canada, complementing TD’s ongoing initiatives to provide enhanced access to advice, and increased opportunities for economic inclusion.
More Flexibility for Public Transit Users
TD is also expanding the convenience of everyday banking by exempting most public transit purchases from your transaction count on both the TD Minimum Chequing Account and the TD Every Day Chequing Account.
“Access to a basic bank account is the foundation for building financial confidence and creating opportunities,” said Lina Hanna, Vice President, Everyday Banking, TD. “These enhancements are designed to make everyday banking more flexible, affordable, and responsive to the needs of Canadians.”
A Commitment Aligned with National Standards
These updates support TD’s participation in the Financial Consumer Agency of Canada’s updated voluntary Commitment on Low-Cost and No-Cost Accounts, which comes into effect December 1, 2025.
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