CHERRY HILL, N.J., Aug. 14, 2017 /PRNewswire/ -- TD Auto
Finance (TDAF), a subsidiary of TD Bank, America's Most Convenient
Bank®, received the highest ranking in Retail Credit –
Non-Captive for overall Dealer satisfaction according to the 2017
J.D. Power U.S. Dealer Financing Satisfaction Study
SM.
TDAF achieved a score of 912 in the retail credit segment from
J.D. Power, 45 points ahead of the industry average. Additionally,
TDAF achieved a score of 982 in the Floor Plan segment of the
survey, exceeding the industry average by 42 points.
"At TDAF, we are constantly striving to provide value added
products and services that exceed the needs of our dealers in
today's competitive environment," said Andrew Stuart, TD Auto
Finance's President and Chief Executive Officer. "This feedback
will help us evaluate what resonates with dealers on both the
retail and commercial sides of the business. Our plan is to
continue to act on that feedback."
The study measures dealer satisfaction with auto financing
providers for both wholesale and retail products. Dealers evaluate
their experience with providers in two financing segments: Retail
Credit and Floor Planning.
"At TDAF, we understand a dealer's partnership with a lender is
a vital piece of their success," said Greg
Braca, Chief Executive Officer, TD Bank. "We want to be
long-term partners with our dealers and their first choice in a
financial provider for all of their business needs. We value
their feedback and thank them for choosing TD Auto Finance."
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 more than 9 million customers with a
full range of retail, small business and commercial banking
products and services at more than 1,200 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. To learn more, visit www.tdbank.com. Find TD Bank on
Facebook at www.facebook.com/TDBank 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 trades on the New
York and Toronto stock
exchanges under the ticker symbol "TD". To learn more, visit
www.td.com.
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SOURCE TD Bank