TD Bank says it will add 1,600 jobs in South Carolina in the next three to five years as it builds a regional hub there.

The U.S. unit of Toronto-Dominion Bank plans to add more than 1,400 jobs at the bank's three-building complex on Interstate 85 in Greenville and another 200 in Lexington, according to a press release Wednesday.

Currently the bank has 160 employees at the Greenville site and about 1,300 employees and 82 stores statewide.

A multimillion-dollar renovation of the buildings in Greenville, totaling 300,000 square feet of corporate space, will begin early next year. Employees will move into the buildings as work is completed, the release said. Renovations also will be done at TD Bank's office in Lexington.

TD Bank expanded into South Carolina last year when it acquired the $12 billion-asset South Financial Group Inc. of Greenville. Earlier this year, the bank expanded its mortgage and bank operations and small business lending teams in the state.

Over the last few years, TD Bank has established a greater presence in the United States. It is now a $192 billion-asset institution with more than 1,300 branches from Maine to Florida. It completed its purchase of Chrysler Financial earlier this year.

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