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TD Bank is getting ready to implement a number of branch closures across more than a dozen states on the East Coast. Those closures come at a time when the bank is increasingly shifting its focus to online banking. Heres what you need to know about TD Banks branch closures, including a list of closing locations. Why is TD Bank closing some of its branches? TD Bank is closing some of its branches as part of a broader plan to reduce or relocate 10% of its retail footprint. “AtInvestor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and personalized, advice-led services,” a spokesperson told Fast Company when reached for comment. “We also regularly evaluate our network to ensure we’re serving our communities where they need us, which at times results in store closures or relocations to nearby neighborhoods.” The bank added that it expects to open new locations in the impacted communities, but it did not offer specifics and said such openings would be subject to approval by regulators. “In the meantime, we’re committed to making these transitions as smooth as possible for clients and customers, serving them at more than 1,000 TD Bank locations or via whatever channel they choose.” How many locations will close? TD Bank is set to close 51 branches and one remote drive-through location by the end of January 2026. The branch closures will affect locations in 13 states and Washington, D.C. The news of the upcoming planned closures comes after the company already closed dozens of branches across 10 states and Washington, D.C., earlier this year, as Fast Company previously reported. At TD Banks investor conference in September, CEO Leo Salom said the bank was reimagining its retail distribution model. “[Increasingly] clients expect greater personalization, and an elevated, more seamless omni-channel experience,” Salom said. “And to that end, we are accelerating investments in digital and mobile capabilities across sales, onboarding and servicing. Salom continued that TD Banks goal was to increase digital acquisition to 50% of total sales, enhance digital adoption to 70%, and drive digital self-serve above 90%. Greater digital banking usage means fewer stores are required. TD Bank is part of Toronto’s TD Bank Group. The company has 2,151 retail locations in North America, according to its Q3 2025 earnings report, including 1,100 branches in the United States. It’s unclear how many jobs will be impacted by the closures. TD Bank says its U.S. retail operations employ almost 29,000 people. Shares of Toronto-Dominion Bank (NYSE: TD) are up more than 51% year to date. Which TD Bank branches are closing? In this latest round of closures, TD Bank is expected to close 51 branches across 12 states and Washington, D.C. A number of local media outlets, including the Philadelphia Business Journal, had reported earlier on the closures, including listing some individual locations. The full list of planned TD Bank branch closures appears below. The bank confirmed the locations with Fast Company. Connecticut 123 East Main Street, Plainville, CT, 06062 826 Wolcott Road, Wolcott, CT, 06716 60 Redding Road, Redding, CT, 06829 Washington, D.C. 2000 K Street, NW, Washington, DC, 20006 Florida 2000 K Street, NW, Washington, D.C., 20006 255 Alhambra Circle, Coral Gables, FL, 33134 1500 NE Miami Gardens Drive, North Miami Beach, FL, 33179 2208 66th Street, St Petersburg, FL, 33710 3125 W New Haven Avenue, Melbourne, FL, 32904 1000 S.E. Highway, Crystal River, FL, 34429 1 US 27 North, 621 East, Lake Placid, FL, 33852 Massachusetts 175 Cabot Street, Beverly, MA, 01915 153 Meadow Street, Chicopee, MA, 01013 1708 Falmouth Road, Centerville, MA, 02632 45 Central Street, Lowell, MA, 01852 99 West Street, Pittsfield, MA, 01201 79 Lynnfield Street, Peabody, MA, 01960 242 Main Street, Wareham, MA 02571 (remote drive thru) Maryland 8661 Colesville Road, Silver Spring, MD, 20910 Maine 32 Goding Avenue, Lincoln Plaza, Lincoln, ME, 04457 835 Main Street, P.O. Box 266, Westbrook, ME, 04092 217 High Street, Ellsworth, ME, 04605 North Carolina 201 Wren Drive, Hendersonville, NC, 28792 New Hampshire 184 Route 101, Bedford, NH, 03110 2561 Main Street, North Conway, NH, 03860 New Jersey 385 White Horse Pike, Atco, NJ, 08004 177 Columbia Turnpike, Florham Park, NJ, 07932 571 East Bay Avenue, Manahawkin, NJ, 08050 232 Richmond Avenue, Point Pleasant, NJ, 08742 418 Belmont Avenue, Haledon, NJ, 07508 230 Forsgate Drive, Jamesburg, NJ, 08831 1100 Lake Street, Ramsey, NJ, 07446 4057 Asbury Avenue, Tinton Falls, NJ, 07753 New York 655 Avenue of the Americas, New York, NY, 10010 391 Jericho Turnpike, Jericho, NY, 11853 1144 Walt Whitman Road, Melville, NY, 11747 620 Route 25A, Mount Sinai, NY, 11766 576 Second Avenue, New York, NY, 10016 14 Main Street, Hudson Falls, NY, 12839 482-484 Bergen Street, Brooklyn, NY, 11217 Pennsylvania 399 Market Street, Philadelphia, PA, 19106 200 Lancaster Avenue, Devon, PA, 19333 9996 Haldeman Avenue, Philadelphia, PA, 19115 1064 Second St. Pike, Richboro, PA, 18954 131 East McDade Boulevard, Folsom, PA, 19033 South Carolina 260 Columbia Avenue, Chapin, SC, 29036 2003 N. Oak Street, Myrtle Beach, SC, 29577 5041 Calhoun Memorial Hwy., Easley, SC, 29640 307 North Main Street, Marion, SC, 29571 Virginia 6566 Little River Turnpike, Alexandria, VA, 22003 6260 Old Dominion Drive, McLean, VA, 22101 Vermont 27 East Allen Street, Winooski, VT, 05404 21 Elm Street, Woodstock, VT, 05091
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Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists use an economic model they call the Zillow Market Heat Index to gauge the competitiveness of housing markets across the country. This model looks at key indicatorsincluding home price changes, inventory levels, and days on marketto generate a score showing whether a market favors sellers or buyers. Higher scores point to hotter, seller-friendly metro housing markets. Lower scores signal cooler markets where buyers hold more negotiating power. According to Zillow: Score of 70 or higher = strong seller’s market Score from 55 to 69 = seller’s market Score from 44 to 55 = neutral market Score from 28 to 44 = buyer’s market Score of 27 or below = strong buyer’s market Within the ResiClub Terminalour data and analytics platform designed for housing sector executives, professionals, and investorsResiClub PRO members can access this index output along with roughly 70+ other metrics. For todays issue, weve included a screenshot showing a metro-level view of the Zillow Market Heat Index for every September reading since 2019. (The ability to change dates is one of the features in the ResiClub Terminal that helps housing stakeholders better analyze the housing market.) What the index looked like in September 2019: What the index looked like in September 2020: What the index looked like in September 2021: What the index looked like in September 2022: What the index looked like in September 2023: What the index looked like in September 2024: What the index looked like in September 2025: Do I agree with Zillows assessment? Directionally, I believe Zillow has correctly identified many regional housing markets where buyers have gained the most powerparticularly around the Gulfas well as markets where sellers have maintained (relatively speaking) somewhat of a grip, including large portions of the Northeast and Midwest. Based on my personal housing analysis, I consider Southwest Florida the weakest/softest chunk of the U.S. housing market this year. Not too far behind are pockets of Texas and Coloradowhich have also seen a bigger build-up in resale inventory and unsold new-build spec inventory over the past three years. In my view, many West Coast markets were softer this year than Zillows analysis suggestsin particular the areas that have recently seen big jumps in active inventory for salewhile some areas in the Midwest are a little tighter than Zillow suggests. One more thought: The Zillow Market Heat Index should not be the only metric housing stakeholders look at when assessing market temperature. At a minimum, Id also recommend looking at the speed of active inventory change, active inventory now versus the same month in 2019, year-over-year home price change, and seasonally adjusted month-over-month home price change. All of those metrics can be found in the ResiClub Terminal down to the ZIP Code level.
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There’s a new AI companion in town. Just don’t call it that. Launching today, Stream Ring is a wearable device that lets you capture your thoughts, brainstorm ideas, prepare for an interview, orif you’re the company CTO’s 7-year-old childsimply learn about dinosaurs. The ring, which comes in silver ($249) and gold ($299), with a black resin contour on the inside, is available to preorder now, with shipping to begin in summer 2026. It only listens when you press and hold on its miniature touchpad, a bit like a walkie-talkie. You wear it on your index finger, raise it to your lips when you want to save that brilliant idea you just had, or find a quick recipe for Japanese eggplants, and press to record. [Image: Sandbar] The ring confirms it’s listening with a gentle haptic vibration, then transcribes your thoughts onto an accompanying app. Unlike the much-reviled Friend AI pendant, which types answers to your query on its app, Stream Ring talks back into your earbuds, while also saving its answer into the app. The ultimate goal? To help you bridge the gap between your thoughts and your words. [Photo: Sandbar] A more intimate information-ecosystem? Stream Ring was designed by Sandbar, a New York-based startup that calls itself an interface company”an intentionally vague description that is intended not box in its founders’ ambitions. It was cofounded by Mina Fahmi (CEO) and Kirak Hong (CTO), who first met at CTRL-Labs, the neural band startup that was later acquired by Meta. Kirak Hong and Mina Fahmi [Photo: Sandbar] Fahmi defines an interface as the point where two disparate things become one. “When we say ‘interface company,’ we mean that we will do whatever it takes to bridge gaps,” he says. In the case of Stream Ring, that gap in question is the one preventing people from fully expressing themselves. The challenge could stem from UX friction: it takes a lot of work to dig up your phone in the middle of a dog walk, and pull up your voice memos app to record your fleeting thought. It could also stem from social norms: would you really pull out a phone in the middle of a buzzing coffee shop to record a deeply private matter? The way Sandbar has packaged the experience into a ring could solve for both of these pain points. During a recent demo at Sandbar offices, in Manhattan, I was seduced by the immediacy of the interaction: bringing a hand to our mouth is a natural gesture that many of us do without even realizing it. And the act of covering your mouth with your hand promises built-in intimacy. The bigger question right now, as it pertains to AI, is: who will this benefit? [Photo: Sandbar] The AI hardware crisis AI hardware is having a bit of an existential moment. After years of promises about tech that would quietly live in the background of our lives, most of the products that tried to make AI feel ever-present have either stumbled or disappeared. The Humane AI Pin was hypped as a screenless smartphone replacement before it flopped under the weight of its own ambition and a $699 price tag. The Friend pendant, which billed itself as a minimalist companion for capturing spontaneous thoughts, has been criticized for being more gimmick than breakthrough. The question hanging over all of this is whether AI wearables can justify their existence beyond novelty, or whether these AI gadgets are still searching for the problem theyre meant to solve. Whether Stream Ring ends up sitting inside this shaky ecosystem or at the edge of it will largely depend on how it’s perceived by the general public. That the founders are shying away from calling it an AI companion suggests they know how fraught the term can be. Instead of foisting yet another AI-powered device onto a tech-hungry audience, they are marketing themselves to the curious, introspective, creative types who like to live an examined life. As someone who keeps obsessive notes about story ideas and various characters I meet on the subway, I can see the appeal of a device that eliminates the friction that comes with most note-taking apps. I also appreciate the ring’s ability to meet me where I am, which is usually somewhere, listening to music. If a hought bubbles up mid-song, pressing on the ring’s touchpad will pause the music, and capture my voice, before resuming the music. I can also hit pause, skip a track, and control the volume all with a few very intuitive gestures on the touchpad. If Stream’s AI goes off track, or says something I need clarified immediately, I can also interrupt it mid-sentence. “We find that really changes the dynamic from one of a companion or an assistant to something that is an extension of you that’s fully in your control,” says Fahmi. [Photo: Sandbar] Stream ring as an extension of yourself A large part of the ring’s promise comes from the AI’s voice itself. Unlike Siri or Alexa, which let you select from a predetermined number of voices, Stream Ring models its voice on your own voice by creating a voice doppelgänger of sorts. After reading a linguistics passage that covers a wide range of sounds and sound combinations found in English, I was startled to hear an oddly familiar voice talk back at me. The experience felt like talking to my alter-egoa version of me that felt, as Stream Ring put it to me when I asked what it thought of being my voice twin, “like being my echo.” “We found that it’s best for the voice to be either identical, or 80% similar, and we shoot for 80% similar,” Fahmi told me. (Most people who have tested the ring so far choose to keep the inner voice.) The effect, though disconcerting at first, is meant to emulate self-talk, which should facilitate self-discovery. “I think when you’re building a computer, it’s easy to say, let’s just connect humans to computers better,” says Hong. “That’s one way to think about it and that’s part of our mission, but the bigger part of our journey, I believe, is when you start to talk with yourself. I hope we get to know ourselves better.” While scrolling through previous notes he took on the Stream app, for example, Hong was surprised to learn how much he talks about gardening. “I get to know what I really care about,” he says. [Photo: Sandbar] The future of Stream Fahmi and Hong launched Sandbar in 2023. Two years in the making, the ring first began as a prototype roughly the size of matchbox. It had a mic, a button, and a “very poorly wired computer inside,” says Fahmi with a laugh. The next iteration looked like an adjustable ring that you could press to tighten around your finger, but it was still too bulky. The current version is much more elegant, though it remains quite visibly a “smart ring” that you probably couldn’t disguise as jewelry. For now, the device works best online, though offline features are in the pipeline. The version that I tested has general knowledge pulled from the internet, but no deep knowledge or internet lookup abilities that would allow anyone to go into a rabbit hole about, say, black holes. On the flip side, it is 100% accurate and it does not hallucinate. The Stream Ring’s “personality” was designed to be curious, compassionate, and concise. Unlike most current LLMs, which are prone to flattery, Stream was designed to sound like you are bouncing off a thought you just had in your head versus talking to a person you just met. Naturally, then, every Stream Ring might behave a little differently, based on the information it gleans from its user. Fahmi says his ring sometimes pushes back on what he says, but it mostly sounds like him, “because it’s sharing my experience.” By contrast, when he was listening to the way an investor’s ring responded back to him, he found the ring was “way sharper with him.” It’s still too early to tell if people will embrace interacting with AI with the fervor investors expect. (Sandbar has raised $13 million in venture capital so far.) If I were writing a dystopia, I would envision a world in which, comforted by the shield of an AI entity that doesn’t judge or ghost you, humans retreat into tech bubbles and forget to talk to one another. A utopia, meanwhile, might find people, recently endowed with the self-knowledge of an expanded mind, taking life by the horns. The hope, of course, is that more people resonate with the latter category than the former, though more likely than not, reality will oscillate between the two. When asked if the device might encourage isolation and an over-reliance on technology, Hong says that, as a father of two, he wants to make an AI product that is safe, useful, but also meaningful to his kids. “My son loves talking [to his ring] about dinosaurs, but that doesn’t mean he never comes back to me and talks about the dinosaurs he’s just learned,” he says. “He still loves the eye contact.”
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