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TD Bank plans two new branches

TD Bank is continuing to expand in Greater Boston.

Already the fourth largest retail bank in Massachusetts, TD Bank recently filed plans with the Office of the Comptroller of the Currency to open two more branches, on West Broadway in South Boston and on Nahatan Street in Norwood.

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That’s in addition to more than a dozen branches the bank has added in recent years, including two last month — one on Commonwealth Avenue in Boston and another on Centre Street in West Roxbury.

A bank spokesman declined to say when it might open the South Boston and Norwood branches, but said the bank is exploring a number of potential locations.

Some smaller institutions are also adding branches in Eastern Massachusetts. Leader Bank of Arlington filed plans to open a branch on Massachusetts Avenue in Arlington Heights by the end of the year, its third branch in the town. BayCoast Bank of Fall River filed plans to open a branch on Airport Road in Fall River on Nov. 19.

But some other banks are closing offices. Citizens Bank, the second largest retail bank in Massachusetts, is shutting a branch on Thursday, in a Revere Stop & Shop that is closing; Bank of America, the largest bank in Massachusetts, is eliminating a branch on Mt. Auburn Street in Cambridge in January, as part of its broader plans to consolidate branches; and Mass Bay Credit Union of South Boston asked the state for permission to close its Weston branch.

Todd Wallack can be reached at twallack@globe.com. Follow him on Twitter @twallack.
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