CHERRY HILL, N.J. and PORTLAND, Maine, Nov. 19, 2012 /PRNewswire/ -- Today, TD and the Arbor Day Foundation launched TD Green Streets, a new grant program that will offer ten $20,000 grants in support of innovative urban forestry initiatives in underserved communities. Funding will support the purchase of trees, tree planting and maintenance, and educational activities.
TD Green Streets is a component of TD Forests, a North American initiative that protects critical forest habitats and plants trees equal to the amount of paper the bank uses each year. As part of the program, TD has committed to reducing its paper usage by 20 percent by 2015. TD Forests includes urban tree programs such as TD Green Streets and TD Tree Days – TD's flagship employee volunteer program.
"TD Green Streets is another example of our environmental commitment and will be an important component of our TD Forests program," said Diana Glassman, Head of Environmental Affairs for TD Bank. "This partnership with Arbor Day Foundation allows us to support local urban forest initiatives, and ultimately, contributes to our goal to be a strong environmental partner in the communities where our customers live and work."To be eligible for a TD Green Streets grant, qualified municipalities must be a current Arbor Day Foundation Tree City USA-designated community within TD Bank's United States footprint. Tree City USA is the nation's premier urban and community forestry program, providing a foundation for effective, well-organized community tree care. "For 36 years, Tree City USA has provided resources and recognition for communities committed to the effective management of community trees," said John Rosenow, founder and chief executive of the Arbor Day Foundation. "The Green Streets program is an exciting opportunity for cities seeking to remain on the cutting edge of urban forestry." Information, eligibility rules, and the grant application can be found at www.tdgreenstreets.com. Winners will be announced in early April 2013. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD is the sixth largest bank in North America by branches and serves approximately 22 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; Wealth and Insurance, including TD Waterhouse, an investment in TD Ameritrade, and TD Insurance; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank, and TD Auto Finance U.S.; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 8.5 million online customers. TD had CDN$806 billion in assets on July 31, 2012.The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges. About TD Bank, America's Most Convenient Bank ® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing nearly 8 million customers with a full range of retail, small business and commercial banking products and services at nearly 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth ®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS and on Twitter at www.twitter.com/TDBank_US. 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. The Toronto-Dominion Bank is one of the few banks in the world rated Aaa by Moody's and trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com. About the Arbor Day Foundation The Arbor Day Foundation is a nonprofit conservation and education organization of one million members, with the mission to inspire people to plant, nurture and celebrate trees. More information on the Foundation and its programs can be found at www.arborday.org, or by visiting us on Facebook, Twitter or our blog.