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TCF and Milwaukee Public Schools Prepare Teens for Financial Success with New Financial Education Program

TCF provides the TCF Financial Scholars Program to Milwaukee Public Schools high school students at no cost, empowering students to make smarter financial decisions today and in the future

Wednesday, May 17, 2017 1:20 pm CDT

Dateline:

WAYZATA, Minn. & MILWAUKEE

Public Company Information:

NYSE:
TCF
"The TCF Financial Scholars Program is an investment in our communities and we are pleased to announce that we are providing financial education to Milwaukee Public Schools"

WAYZATA, Minn. & MILWAUKEE--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) and Milwaukee Public Schools (MPS) today announced their partnership to prepare teens for financial success using the TCF Financial Scholars Program, a web-based, interactive course designed to empower young people with the essential skills needed to make sound financial decisions. TCF sponsors the program to make it available to MPS at no cost to the school district or taxpayers.

To celebrate, MPS students will join representatives from the offices of U.S. Senator Tammy Baldwin and State Senator Lena Taylor; district leaders, including Dr. Darienne Driver, superintendent at MPS; and TCF’s EVP of commercial banking, Trish Kelly, for a roundtable discussion and presentation on student financial capability and the need to prepare the city’s youth for financial success. The event will take place Thursday, May 18, 9-10 a.m. in the World Cafe and Library at South Division High School.

“Community partnerships are an important way to offer students the skills they need to succeed. By providing financial education we can help Milwaukee students build even brighter futures,” said U.S. Senator Tammy Baldwin.

“It is vital that Milwaukee’s young people are prepared for all aspects of life, and financial education is a key component of that preparation,” said Dr. Darienne Driver, superintendent of Milwaukee Public Schools. “The financial lessons our students have learned throughout the year will help them make good decisions and forge a bright future.”

“The TCF Financial Scholars Program is an investment in our communities and we are pleased to announce that we are providing financial education to Milwaukee Public Schools,” said Trish Kelly, EVP of commercial banking at TCF. “We’re proud that more than 2,000 MPS students participated in the program this year and we know that number will grow in coming years. Students who participated in the program last year increased their financial knowledge by an average of 86 percent, and told us that they feel more prepared to make financial decisions today and in the future.”

During the presentation, Trish Kelly also will present South Division High School with a $5,000 technology grant. The grant is designed to ensure that future students will have the technology they need to access digital resources like the TCF Financial Scholars Program.

About TCF
TCF is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2017, TCF had $21 billion in total assets and 331 branches in Arizona, Colorado, Illinois, Michigan, Minnesota, South Dakota and Wisconsin, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing, equipment finance, and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, visit tcfbank.com.

About Milwaukee Public Schools
Milwaukee Public Schools is committed to accelerating student achievement, building positive relationships between youth and adults and cultivating leadership at all levels. The district's commitment to improvement continues to show results:

  • More MPS students are taking college-level Advanced Placement and International Baccalaureate courses;
  • The MPS Class of 2016 earned $51+ million in scholarships; and
  • MPS is home to eight of the state and nation’s top high schools according to U.S. News and World Report and the Washington Post.

Learn more about MPS by visiting our website . More news is available at mpsmke.com/news .

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Contact:

TCF Financial Corporation
Mark Goldman, 952-475-7050
news@tcfbank.com
or
Milwaukee Public Schools
Denise Callaway, 414-531-0213
callawde@milwaukee.k12.wi.us