Updated August 27 at 2:27pm

Beauchamp a leader by example at TD Bank

By Marcia Grann O’Brien
Contributing Writer
Amy Beauchamp describes her professional career as a “dream story.”

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A PBN SPECIAL SECTION: 2011 BUSINESS WOMEN

Beauchamp a leader by example at TD Bank

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Amy Beauchamp describes her professional career as a “dream story.”

As Rhode Island retail-market manager for TD Bank, Beauchamp is “a truly inspiring leader who engenders unwavering loyalty and excitement,” said Louise Trottier, senior vice president of retail banking for the company.

TD Bank is one of the 15 largest commercial banks in the United States, with $142 billion in assets, providing a full range of financial products and services in more than 1,000 locations from Maine to Florida. There are four branches in Rhode Island, including East Providence, Barrington, Johnston and Providence, with plans to dramatically increase that number.

Beauchamp is known for her ability to “build from the ground up” as well as for investing in others, Trottier said. The bank, and Beauchamp, relish the company’s community flavor, with long hours, free coin-conversion machines, and a children- and pet-friendly credo.

Beauchamp began her career 15 years ago as a teller supervisor for Trustcompany Bank (now Capital One), rising in the ranks to become the first woman promoted to the vice-president/branch manager level. Beauchamp consistently ranked as the No. 1 salesperson in investment-product sales. She became the first area bank manager, covering seven branches throughout New Jersey.

Beauchamp joined TD Bank in March 2003, heading the opening of the Edison, N.J., branch. Under her leadership, the branch acquired more than $100 million in deposits in less than 18 months, a record-setting accomplishment.

In 2005, Beauchamp was tapped to serve as vice president, retail-market manager, to further extend the bank’s presence in Pennsylvania. “She hit the ground running by opening the Bethlehem store,” said Trottier. (“Store” is the term TD Bank has for its branches). Within two years, seven stores were established, 100 new employees were hired, and Beauchamp had brought deposits up to $240 million.

She returned to New Jersey in 2008 as retail-market manager for Middlesex County. There, she grew deposits to a total of $1.6 billion in 14 stores. Within two years, Beauchamp was selected to sit at the helm of the effort to extend TD Bank into Rhode Island.

The chance to start a new market was golden to Beauchamp. “I’m having a ball because Rhode Island is one big neighborhood, and you instantly feel welcomed here,” she said.

She led the expansion of TD by opening the initial four branches, and also developed myriad community partnerships. Even before her office was fully functional, Beauchamp began hiring a staff that now numbers 100.

Beauchamp is a leader in a number of TD Bank community-outreach efforts, including WaterFire, the Gloria Gemma Breast Cancer Foundation, the philharmonic, Shape Up Rhode Island and the John Hope Settlement House. The institution also trains employees to teach about banking and financing in schools.

Beauchamp has “a passion for customers and service to them,” Trottier noted, and she is unstinting in her praise of Beauchamp as a mentor. “This ideal of ‘paying it forward’ and developing the next generation of leaders in the industry is close to her heart.”

Tony Brum, vice president and manager of the Barrington branch, said, “I have never had the pleasure of working for such a charismatic leader who cares so deeply about our industry, our customers, our team, our bank. She is a model leader – a leader that I someday aspire to be.” •

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