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Commerce Bank and TD Banknorth Motivated Kids to Read 150,000 Books During Summer Vacation

CHERRY HILL, N.J. andPORTLAND, Maine, Oct. 10 /PRNewswire/ -- More than 15,000 kids fromMaine toFlorida participated in Commerce Bank and TD Banknorth's 2008 Summer Reading Program, having read at least 150,000 books over the course of their summer vacations. Commerce Bank and TD Banknorth rewarded these young readers by depositing a total of $150,000 into their savings accounts.

The Summer Reading Program encourages kids to sharpen their reading skills during summer vacation and additionally provides a goal for them to learn the importance of saving money. From May to September 30, Commerce Bank and TD Banknorth deposited $10 into the new or existing savings account of kids who read a minimum of 10 books over the summer.

"Commerce Bank and TD Banknorth give a high-five to all those kids who made time for reading during their summer vacations," said Fred Graziano, head of Regional Banking at TD Bank, the brand name for the combined Commerce Bank and TD Banknorth. "We recognize the importance of keeping one's reading skills strong even when school's out, and we're proud to reward kids who do just that."

As part of its Summer Reading Program, Commerce Bank and TD Banknorth performed educational outreach with local schools, libraries and other youth-focused organizations in their communities.

About Commerce Bank and TD Banknorth

Following TD Bank Financial Group's acquisition of Commerce Bancorp Inc. on March 31, 2008, TD Banknorth and Commerce Bank merged on May 31, 2008, to form TD Bank, N.A., one of the 20 largest commercial banking organizations in the United States with over $114 billion in assets, and provide customers with a full range of financial products and services at nearly 1,100 convenient locations fromMaine toFlorida. Commerce Bank and TD Banknorth are trade names of TD Bank, N.A. For more information, visit www.commerceonline.com and www.TDBanknorth.com.

SOURCE Commerce Bank and TD Banknorth

Tags: ,FIN,CSR,CHI,NJ-Commerce-Bank-TD
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