TD Bank To Grow Mortgage Team

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TD Bank, with headquarters in Cherry Hill, N.J., and Portland, Maine, says it will expand its residential mortgage business by hiring 75 mortgage operations employees in Lexington, S.C. The company expects to fill approximately 50 jobs in the coming weeks, with positions including mortgage processors, underwriters, closers and operations staff.

The new group will work in tandem with existing TD Bank mortgage operations centers in Lewiston, Maine, and Mount Laurel, N.J., TD Bank says.

On Sept. 30, TD Bank Financial Group acquired South Financial Group Inc., whose Carolina First Bank subsidiary merged with TD Bank. Carolina First Bank will continue to operate under the trade names Carolina First Bank in North Carolina and South Carolina and Mercantile Bank in Florida until conversion and rebranding in 2011.

The mortgage operations team from Carolina First will then be integrated into the Lexington operations team, bringing the total number of positions there to about 75.

SOURCE: TD Bank

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