The top five banks and thrifts in the ranking have combined total deposits of more than $7 trillion as of September 30, 2023. While many saw a decrease in their deposits over the previous year, one achieved an increase of 50.66%.
Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ending September 2023.
After the Toronto-based bank faced record penalties in the U.S., it made new disclosures about its anti-money-laundering compliance obligations in Canada, where critics say regulators have been too lax.
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for overdraft fees or another amount commensurate with costs. Banks could also charge more if they disclose the fees' annual percentage rate of interest to customers.
Leonardo Ayala, who was a retail banker at a TD branch in Florida, faces criminal charges in connection with money-laundering activities.
