October 5, 2017

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TD Commits $3 Million in NFCC Partnership Unique Program Will Educate and Empower Small Business Owners

TD Commits $3 Million in NFCC Partnership Unique Program Will Educate and Empower Small Business Owners
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NFCC CEO Susan Keating presents TD Bank's Head of Small Business Jay DesMarteau with a 2017 Making a Difference award.

As part of our ongoing commitment to helping small business owners (SBOs) own their futures, TD Bank has entered into an exclusive partnership with the National Foundation for Credit Counseling (NFCC). TD is the only financial institution funding this type of small business education – and our $3 million contribution enables NFCC member agencies to provide financial education and counseling services to over 10 thousand SBOs.

TD Bank and NFCC leaders announced the new initiative with member agencies at their annual conference. From left to right: Ann Estes (NFCC), Paula Wengerd (TD), Celia Moncholi (TD), Jeff Faulkner (NFCC), Jay DesMarteau (TD), Susan Keating (NFCC), Andrea Johnson (TD), Jennifer Gabriel (TD), Manokia Musonge (TD).

The partnership includes two phases. Using the NFCC’s Sharpen Your Financial Focus® program framework, Phase I will provide personal financial reviews and prescriptive education for SBOs who need support to grow their businesses and may rely on personal banking products for financing. In Phase II, the NFCC and TD will develop a comprehensive, customized financial education program to help SBOs transition to more appropriate business products and services, and offer counseling delivered by accredited agency professionals. <https://sharpen.nfcc.org/get-started/>

Congratulations TD Bank!