TD Bank is closing dozens of locations across the country, including 16 in New England, according to recent filings with federal regulators.
The Canadian bank will shutter 38 locations, a spokesperson said Tuesday. Sixteen are in New England, with six in Massachusetts, according to filings with the US Office of the Comptroller of the Currency.
Branches will close in East Longmeadow, Tewksbury, Holyoke, Framingham, Haverhill, and Methuen, according to the filings. The locations are expected to close by June 5, said company spokesperson Thomas Rigg.
“As part of our normal business practices, we regularly evaluate existing TD Bank stores, which may result in some closures, consolidations, or relocations as we look for opportunities to better align our network of stores with customer needs and preferences,” Rigg said.
It’s not clear how many employees will be affected by the closures. Rigg said that TD is “committed to supporting impacted colleagues with resources to assist with the transition.”
The following branches in Massachusetts will be closed.
- 465 N Main St., East Longmeadow
- 2345 Main St., Tewskbury
- 50 Holyoke St., Holyoke
- 420 Franklin St., Framingham
- 860 S Main St., Haverhill
- 547 Broadway, Methuen
TD Bank operates branches in 149 cities and towns in Massachusetts, according to its website. Rigg said the institution, whose US operations are headquartered in Cherry Hill, N.J., remains “committed to Massachusetts.”
Four branches have been marked for closure in New Hampshire, in Bristol, Wilton, Hampton, and Hopkinton, according to the filings. The bank will also close four locations in Maine, and two in Connecticut.
In September, the bank shuttered seven locations in eastern Massachusetts, including one in Beacon Hill and one in Post Office Square.
Despite the closures, TD Bank said at the time that it was planning a new location in Nubian Square. That location, which is expected to open in May, will be part of a program designed to spur investment in low-to-middle income communities, Rigg said.
TD Bank is still reeling from a $3 billion settlement with the Department of Justice last year after federal prosecutors alleged that lax security practices allowed criminals to launder hundreds of millions of dollars over several years through the bank.
It was the largest bank in US history to plead guilty to conspiracy to commit money laundering, Attorney General Merrick Garland said at the time.
Camilo Fonseca can be reached at camilo.fonseca@globe.com. Follow him on X @fonseca_esq and on Instagram @camilo_fonseca.reports.