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Healthcare and Not-for-Profit

TD Bank's Healthcare and Not-for-Profit Banking Group is comprised of experienced bankers, dedicated exclusively to meeting the specialized needs of healthcare and Not-for-Profit organizations.

We provide specialized solutions for Not-for-Profits (designated with a 501c3 tax filing status) with annual sales revenue of $5 million and above, such as:

  • Healthcare organizations
  • Educational organizations
  • Religious organizations
  • Human service organizations
  • Cultural institutions
  • Advocacy and industry organizations
  • Private member organizations

Our industry specialty enables us to expertly deliver a customized suite of products and services:

Streamline your accounts receivable with our Treasury Management solutions

Simplify the way you process and receive payments with TD Healthcare Remittance Management. Our solution converts all paper checks and remittance data into an electronic HIPAA compliant 835 file, which can be posted directly to your patient management system.

Learn more about TD Healthcare Remittance Management

Liquidity Solutions

Designed for Not-For-Profits with an annual sales revenue above $5 million. The product allows customers to receive an earnings credit rate (ECR) on available balances that can help offset fees and then earn a competitive interest rate on excess balances. The product allows Not-For-Profits to:
  • Conveniently manage all operating and strategic funds in an "all-in-one" solution
  • Eliminate the need to transfer between accounts manually
  • Access advanced Treasury Management Services
  • FDIC deposit insurance of up to $250,000 per depositor

Financing Solutions

  • Tax-exempt financing: Offers the lowest interest rates for eligible projects
    • Letters of credit supporting public placement of tax-exempt bonds
    • Private placement of tax-exempt bonds
    • Tax-exempt pool loan programs in Massachusetts in conjunction with MassDevelopment and the Massachusetts Health and Educational Facilities Authority
  • Commercial loan products: For smaller or short-term projects, or those ineligible for tax-exempt financing
    • Commercial mortgage loans
    • Commercial term loans
    • Lines of credit
    • Leasing

Contact TD Bank Healthcare and Not-for-Profit Banking Group

Contact us with your healthcare and not-for-profit banking needs.

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