UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C.  20549

                                 FORM 8-K

                              CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Date of Report (Date of earliest event reported)   October 16, 2006
                                                 _____________________________


                             TD Banknorth Inc.
______________________________________________________________________________
          (Exact name of registrant as specified in its charter)



Delaware                               000-51179                    01-0437984
______________________________________________________________________________
(State or other jurisdiction    (Commission File Number)         (IRS Employer
of incorporation)                                           Identification No.



P.O. Box 9540, Two Portland Square, Portland, Maine                 04112-9540
______________________________________________________________________________
(Address of principal executive offices)                            (Zip Code)



Registrant's telephone number, including area code   (207) 761-8500
                                                   ___________________________



                              Not Applicable
______________________________________________________________________________
(Former name, former address and former fiscal year, if changed since last
report)



Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


Item 8.01   Other Events
            ____________

     On October 16, 2006, TD Banknorth Inc. issued the press release included
as Exhibit 99 to this Current Report on Form 8-K, which is incorporated herein
by reference.

Item 9.01   Financial Statements and Exhibits
            _________________________________

       (a)  Not applicable.

       (b)  Not applicable.

       (c)  The following exhibits are included with this Report:

       Exhibit No.         Description
       ___________         ___________

       99                  Press Release, dated October 16, 2006


                              SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                  TD BANKNORTH INC.


                             By:  /s/ Peter J. Verrill
                                  _____________________________________________
                                  Name:  Peter J. Verrill
                                  Title: Vice Chair and Chief Operating Officer



Date: October 16, 2006