CHERRY HILL, N.J. and PORTLAND, Maine, April 24, 2013 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, ranked among the 2013 DiversityInc Top 50 Companies for Diversity. The DiversityInc Top 50 includes companies from a wide range of industries whose leadership, procurement practices, communications and training best reflect the reality of the rapidly changing face of America.
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"Diversity is not a project; it's not an initiative – rather, it's core to who we are at TD Bank," said Bharat Masrani, President and CEO, TD Bank and Chair of the Diversity Leadership Council, TD Bank Group. "We are creating a culture at TD where every employee feels respected so they can bring their full self to work and achieve their full potential. In addition, we strive to have a workforce that reflects the diverse communities where we do business which will allow us to continue to meet the needs of all of our customers."
"We are very encouraged to see more companies applying for this distinction and embracing diversity more deeply than ever," said Luke Visconti, CEO of DiversityInc. "We also note a continued positive correlation between achievement in diversity and overall positive stock performance. Both the 2013 and the 2012 DiversityInc Top 50 lists outperformed the S&P 500 over a five-year basis."
The full list of winners can be found at www.DiversityInc.com/top50.
To learn more about TD Bank, America's Most Convenient Bank, stop by a store, visit us at www.tdbank.com, find us on Facebook at www.facebook.com/TDMoneyLoungeUS or on Twitter at www.twitter.com/TDBank_US.
Methodology
The process of determining The DiversityInc Top 50 Companies for Diversity is based completely on empirical data. Participation in the survey is free and companies that do business with DiversityInc receive no preferential treatment. In order to participate, an organization must have at least 1,000 employees and fill out a detailed, 300-question survey, which is divided into four equally weighted areas: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. Each company is judged within its own industry and each application is vetted by DiversityInc staff. DiversityInc requires notarized CEO sign-offs on submissions from companies where it has not met with the CEO directly. For the 2013 survey, 893 companies participated. For more information, visit DiversityInc's survey FAQ. Companies interested in participating in 2014 should contact top50@DiversityInc.com.
About DiversityInc
DiversityInc is the leading source of information on diversity management. The company is a consultancy and publishes two websites, www.DiversityInc.com and www.DiversityIncBestPractices.com, as well as a magazine, published five times a year. DiversityInc also produces diversity events, which average more than 600 attendees from 200 companies and have featured more than 20 CEOs of major corporations.
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 more than 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 trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com.
SOURCE TD Bank