No donations on your part! No daily voting on the website for T&E Care!
If you already have a TD Bank account it's especially easy - JUST the phone call.
If you are willing to open an account or buy a CD or something like that, it will take a few extra minutes before you make the call.
Look at the picture below and see how much it helps when community members make the call!
How to ask TD Bank to donate to T&E Care
Asking the bank to donate to T&E Care is easy. All you have to do is:
Call TD Bank at 610-254-9150 and ask for Jeff Salvo. Jeff, or any associate at the Devon Branch, can help you. You can also send an email to Jeff at jeffrey.salvo@td.com.
Tell them that you want the bank to donate to T&E Care through the Bank's Affinity Program.
If you are an existing business or individual depositor in any branch in the U.S. just give them your name and account number(s). That's it - you are done. Just one call.
If you are not yet a depositor, Jeff (or anyone, at any branch) can help you open an account. Then just ask the Bank to donate to T&E Care as explained above.
Remember, all of your information will be kept confidential and TD Bank will not share any information with T&E Care. This program has the potential to REALLY help T&E Care and it costs you NOTHNG except ONE 5-minute phone call!!
The sooner you sign up the greater the benefit to local students.
Background and purpose for raising the funds: TD Bank is the main bank for T&E Care's accounts, so we approached them to see if there were any grants or programs they could help us with. It turns out that there is a great program that sounds too good to be true - but we've confirmed the details - it is true!!!! We want to earmark the funds raised with this program for our educational programs. We are supporting more and more kids with their education and college costs - as kids are identified who have some real potential to be successful. (The kids will have to apply to this fund and grades will be an important criteria in deciding how much assistance is given - we want to encourage these kids to work hard!!) Doing the math - for just one student we might expect to help with a computer (approx. $600), text books for a year (approx. $800), and the balance due after FAFSA and other grants for tuition/room/board (approx. $4000 for the year). It wouldn't take very many kids to apply for this to mean some significant funding requirements, but we feel that this is the best way to give these kids a shot at better employment opportunities. We can keep paying a rent bill or a PECO bill here or there - but that doesn't get the family independent of the need for assistance. A college education might be the best ticket out! So, besides just general donations to T&E Care, we wanted an additional source of funds. That's where TD Bank comes in....
Here are the basics to the TD program: TD Bank has offered to make a donation to T&E Care through the bank's Affinity Program. This program lets its depositor customers help decide the size of the donation the bank will make to T&E Care. If enough customers ask the Bank to donate to T&E Care, the bank will make an annual donation based on the average annual balance in all the accounts of those customers. All of the customer's information remains completely confidential and the customer receives all of the services and interest rates of any other bank customer. This program does NOT effect any of the terms or conditions of the depositor's accounts.
Owners of business and personal accounts, checking, saving and CD accounts can all ask TD Bank to donate to T&E Care through the Bank's Affinity Program. This program is good for new and existing accounts. We are hoping that all current TD Bank customers are willing to make this call for us (remember - business accounts work too!), and of course would welcome any new accounts that are generated to help us as well. The purchase of a CD, or opening a money market account would be great.
We will really need your help publicizing it to neighbors, business partners, friends out of the area, etc. You can ask your dentist, your cleaners, the guy who mows your lawn, etc. etc. They don't need to be local either! Especially if they are already a TD Bank account holder - this is a very painless way to support our organization. Don't hesitate to get in touch if you want to talk more about this program.
TD Bank Affinity Program - FAQ
Will any of my funds be withdrawn by TD Bank for use by T&E Care? Absolutely not. The grant that T&E Care receives is TD Bank money, not YOUR money.
Do I lose control of my accounts if I become involved in this program? Not at all! Your money and your accounts are always totally under your control. NOTHING will be different.
Is this program available for businesses or just individuals? Anyone (individual, family, trust, or business) with an account at TD Bank can ask the bank to make a donation to T&E Care through this program. Business accounts would be extremely helpful for us.
What types of accounts qualify for this program? Checking, Savings, Money Market, CD and Retirement accounts are all included in the program. If you have multiple accounts at TD Bank - all will count for the program. (Mortgages and home equity loans do not count for this program. HOWEVER, if you are part of our Affinity Program - you might qualify for special incentives related to your mortgage!!! Check with the bank for details.)
Will T&E Care know who has asked the bank to make this donation? TD Bank will NOT release to us the names of anyone who has made this request. If you want to tell us - then we'd know - but that would be the only way. Your information is kept totally confidential by the bank - we promise!! (Every now and then TD Bank will send us 2 pieces of information so we can budget accordingly - the TOTAL number of accounts that have signed up, and the TOTAL amount of the all the deposits. That's it - we get no specific info related to who has signed up.)
Do I need to "renew" my request to TD Bank on a periodic basis? No, once you have made the request - you are done. The request will remain in place as long as the program exists and/or until you close your account(s) at TD Bank.
How much does T&E Care receive in grant money from TD Bank? T&E Care receives 1/4% of the average daily balance of all interest-earning accounts, and 1/2% of the average daily balances of all non-interest-earning accounts of all those who have asked the bank to make the donation. The money is calculated for one year from the date the program starts (August 31, 2010), or from the date you make your call (that's why the sooner you make the call, the bigger our grant will be!) T&E Care will receive one check at the end of our "year" for the total of the grant. It is our hope that this program will be renewed for years to come!
What if I open an account at TD Bank, ask the bank to make the donation, but then I close my account? T&E Care will receive a grant from TD Bank equal to the % of your average daily balance for the time you had the account. This is also true for things like 6-month CDs, or for those who make the request late in our "year". Clearly the longer you have funds in TD Bank (and you have asked them to make the donation to our program) the more grant money we will receive, but even short term accounts are helpful. Do you have to live in Tredyffrin or Easttown to ask the bank to make the donation to T&E Care? NO!! As long as you have any TD Bank account you can make the request. So please encourage your relatives, friends, and business partners in other parts of PA, as well as in the other states in which TD Bank is located to call 610-254-9150 and ask the bank to support T&E Care. (Branches are found in: VA, CT, DE, FL, MD, MA, ME, NY, NH, NJ, VT, and Washington DC.)
How do I contact TD Bank to give them my information for this program? Call TD Bank at 610-254-9150 and ask for Jeff Salvo. Jeff, or any associate at the Devon Branch, can help you. You can also send an email to Jeff at jeffrey.salvo@td.com.
How can I ask others to participate? If you want - we've attached below a sample letter and the FAQ list that you can print to send to friends or business partners that you might want to contact.
At the 2011 Fall Fest, Jeff Salvo of TD Bank presents the 2011 TD Bank Affinity Program check to Sandi Gorman (President) and Debbie Weger (Treasurer). Sign up to be part of the program so our 2012 check is even bigger!
