TD Bank creates community advisory board to manage $20B Impact Plan

Cherry Hill-based TD Bank recently announced its Community Impact Plan, an initiative to further its commitment to community empowerment and economic growth. The three-year commitment has approximately $20 billion in lending, philanthropy, banking access and other activities for the benefit of diverse and underserved communities.

To foster progress, TD formed a community advisory board comprised of a diverse set of leaders from organizations within the bank’s footprint.

“The Community Impact Plan reinforces TD’s commitment to financial inclusion, sustainable growth and social progress in the communities we serve. The establishment of the community advisory board is a critical step in this effort,” Leo Salom, CEO and president of TD Bank, said. “The board brings together top-tier executives, influential community leaders and individuals with exceptional experience. Their independent oversight will help us stay true to our mission and maximize the positive outcomes of our plan.”

TD’s community advisory board will convene to exchange ideas and provide concrete, actionable recommendations, helping to ensure the bank’s initiatives through the Community Impact Plan meet local needs.

The following individuals will join TD’s Community Advisory Board:

  • Seema Agnani, CEO, National Coalition for Asian Pacific Community Development. Based in greater New York City, Agnani has more than 25 years of experience in community development, capacity building and immigrant rights.
  • Tony Allen, CEO, Delaware State University in Wilmington. Allen has more than 20 years of experience in education and nonprofits and serves as chair of President Joe Biden’s board of advisers on Historically Black Colleges and Universities.
  • Marla Bilonick, CEO and president, National Association for Latino Community Asset Builders. Bilonick is based in Washington, D.C., and has more than 20 years of experience in small business development, community-based financial services and international aid. She is the first Latina chair of the Department of the Treasury’s CDFI Fund Community Development Advisory Board.
  • Anthony Carter, retired chief diversity officer, Johnson & Johnson. Carter’s 40-year career spanned the corporate, government and nonprofit sectors and his expertise is in global diversity & inclusion and corporate leadership. Carter is based in Florida and is a frequent lecturer on diversity and social justice topics.
  • Brian Harris, Catawba Nation chief in Rock Hill, South Carolina. The Catawba Nation’s ancestral lands include the piedmont regions of South and North Carolina. Harris’ work includes more than 20 years in tribal governance, cultural preservation and economic development.
  • Kimberlyn Leary, executive vice president, Urban Institute. Leary, based in Boston, has expertise in psychology, public health and gender equity, and she is a professor at Harvard Medical School and in the Department of Health Policy at the Harvard T.H. Chan School for Public Health. She also served as a White House adviser during two presidential administrations.
  • Tonya Matthews, CEO and president, the International African American Museum in Charleston, South Carolina. Matthews has more than 20 years of experience in nonprofit executive leadership, education, and arts and culture. She founded the STEMinista Project and STEMinista Rising, initiatives promoting gender inclusivity in STEM fields.
  • Marc Morial, CEO and president, National Urban League. Morial is based in the New York City metro area and has more than 30 years of experience in urban advocacy, civil rights and community lending and investment. Under his leadership, the National Urban League launched several key programs designed to reduce unemployment and empower minority-owned businesses.
  • Michael Pugh, CEO, Local Initiatives Support Corp. in New York City. Pugh has more than 30 years of experience in banking, with a focus on expanding access to capital for underserved families, businesses and communities. Pugh is the former CEO of Carver Federal Savings Bank, the nation’s largest publicly traded African American-operated bank.
  • Marietta Rodriguez, CEO and president, NeighborWorks America. Rodriguez is based in Washington, D.C., and has more than 20 years of experience addressing homeownership, foreclosure prevention and promoting community building and engagement.
  • Jesse Van Tol, CEO and president, National Community Reinvestment Coalition. He is based in Washington, D.C., and has more than 15 years of experience in community development, economic justice and advocacy. Van Tol serves on the advisory councils of several large financial institutions and has worked to generate $300 billion in new investments in low- and moderate-income communities through community benefits agreements.