MIAMI—With 161 stores and counting—including 67 in South Florida—TD Bank is flexing its Canadian banking muscles in Florida. The bank plans to open three more Florida stores in 2014, adding to its $9.37 billion of deposits in the Sunshine State.

We caught up with Ernie Diaz, regional president in Florida, to talk about the Canadian bank's growth in the state. We also asked him why so many Canadian banks are targeting Florida and how the bank chooses its locations.

GlobeSt.com: What's so attractive about Florida?

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