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TD ranks No. 1 in service among top five Canadian banks for third consecutive year
Customers say TD Canada Trust is tops in 7 of 11 categories, according to Synovate TORONTO, Aug. 28 /CNW/ - Global market research firm Synovate has announced the latest results from its annual Customer Service Index (CSI) survey for customer service excellence among the Top 5 banks in Canada - and the winner is TD Canada Trust. This year's survey was conducted among a sample of 17,500 Canadians from July to mid-August 2007 and ranked the top five banks in eleven categories. TD Canada Trust won the top award in seven of them, including: - Overall Quality of Customer Service - Would Recommend to Family and Friends - Branch Access and Convenience - Information Handling and Communications - Financial Products and Services - Automated Banking Machines in general - Online Banking in General "We are absolutely thrilled with this year's results. We're honoured that customers from across Canada chose us as the service leader in so many important areas, including overall service, convenience, products, services and channels," said Tim Hockey, Group Head, Personal Banking and Co-Chair TD Canada Trust. "We're especially pleased that customers say they would recommend us to their family and friends. You can't ask for more, and it is a terrific recognition of the commitment of TD Canada Trust's employees who constantly strive to provide the best customer service. That commitment affects everything we do, whether it's continuing to open dozens of branches a year in diverse communities across Canada, or extending our opening hours so customers can bank when and how they want," Hockey continued. Synovate points out that this year's results indicate the top five banks in Canada continue to improve their performance in meeting customers' needs, and it shows in their business results. "According to Synovate, TD Canada Trust's service is improving year after year and we believe it shows in our revenue growth. The findings also show that, as an industry, we are all getting better at serving Canadians. This steady improvement is a win for everyone, but it's also a challenge - to keep getting better and to keep earning our customers' business," added Hockey. About Synovate Synovate, the market research arm of Aegis Group plc, generates consumer insights that drive competitive marketing solutions. The network provides clients with cohesive global support and a comprehensive suite of research solutions. Synovate employs over 5,700 staff in 118 cities across 52 countries. For more information on Synovate visit www.synovate.com. About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. The Bank serves more than 14 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 as well as the Bank's global insurance operations (excluding the U.S.); Wealth Management, including TD Waterhouse Canada, TD Waterhouse U.K. and the Bank's investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth; and Wholesale Banking, including TD Securities. The Bank also ranks among the world's leading on-line financial services firms, with more than 4.5 million on-line customers. The Bank had $404 billion in assets as at July 31, 2007. The Bank is headquartered in Toronto, Canada. The Bank's common stock is listed on the Toronto Stock Exchange and the New York Stock Exchange under symbol: TD, as well as on the Tokyo Stock Exchange.
For further information: Kelly Hechler, Corporate and Public Affairs, TD Bank Financial Group, (416) 982-2469, firstname.lastname@example.org; Henrietta Sung, Synovate Canada, (647) 998-6999 (mobile), email@example.com
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