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Business & Tech

TD Bank Opens New Regional HQ in Melville

Company officials say added office space will help financial institution grow on Long Island.

Officials from TD Bank and the Town of Huntington joined together on Monday in Melville to mark the opening of the bank's new 45,000-square foot regional headquarters.

According to the company, the new offices located at 324 S. Service Road provide the bank additional space for various personnel, including commercial and consumer lenders as well as a training facility. The regional headquarters will serve TD bank branches in Long Island, suburban New York and Connecticut.

"Our new headquarters give us the space we need to supplement our continued growth in suburban New York and Long Island by hiring throughout the region," said Chris Giamo, regional president of TD Bank. "Opening a new and larger office reaffirms our dedication to the area and strengthens our ability to provide both our retail and commercial customers here with convenient banking, hassle-free financial products and direct accessibility to their bank."

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TD Bank worked with the Town of Huntington to ensure it could find the new, larger office space the bank needed, the company said in a press release.

"We are grateful to Huntington Town Supervisor Frank Petrone and its council members," said Giamo. "They knew we had a strong desire to maintain our headquarters in Melville. As we expand, we look forward to continue hiring from the talented employment base in the region."

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Three town council members—Mark Cuthbertson, Susan Berland and Mark Mayoka—joined Giamo and other bank officials and building owner Ted Weiss at a ribbon-cutting ceremony at the building on Monday.

The building where the new regional headquarters is located is owned by Melville-based T. Weiss Realty Corp., which also worked closely with TD Bank to find office space. With TD Bank as the anchor tenant, the building now bears the distinct green "TD" shield atop its west-facing and north-facing side. The building, completed in 2008, is now 95 percent leased as a result of TD's relocation.

"We are pleased to add a corporate tenant such as TD Bank to our roster," said Ted Weiss, president of T. Weiss Realty. "TD Bank's expansion in Melville bodes well for us and demonstrates the growing importance of Melville as Long Island's corporate center."

In addition to TD Bank, other recent headquarters moves or expansions in Melville include the now-under-construction Canon USA headquarters at the former Pumpkin Farm on Old Walt Whitman Road; Leviton Manufacturing at 201 N. Service Rd.; Quinlan Financial Group at 400 Broadhollow Rd.; Marchon Eyewear at 201 Old Country Rd. and Aviva Life & Annuity Co. and Vitro Packaging LLC, both at 324. S. Service Rd.

Based in Cherry Hill, N.J., and Portland, Me., TD is relocating from 45 Melville Park Rd., where it has been since 2005, when it operated 19 branches on Long Island. Today, TD Bank currently has 45 branches on Long Island and employs more than 1,000 Nassau and Suffolk residents.

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