Newsroom

Corporate & Financial

  • 9/15/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (“TCF” or the “Company”) (NYSE:TCF) today announced that it has submitted a redemption notice to Computershare Inc. and Computershare Trust Company, N.A. (together, the “Redemption Agent”) for the full redemption of all 6,900 issued and outstanding shares of Series A Non-Cumulative Perpetual Preferred Stock (the “Preferred Stock”) and all 6,900,000 issued and outstanding shares of the related depositary shares, eachmore...
  • 9/07/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (“TCF”) (NYSE:TCF) today announced the pricing of its public offering of 7,000,000 depositary shares, each representing a 1/1,000th interest in a share of its Series C Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share (the “Series C Preferred Stock”), at a public offering price of $25.00 per depositary share for gross proceeds of $175.0 million. Morgan Stanley & Co. LLC and UBS Securities LLC actedmore...
  • 9/07/17

    Pending amendment includes new branding, more than $26 million in revenue through 2031 (including immediate $8 million contribution to Athletes Village) and optional 10-year extension

    WAYZATA, Minn. & MINNEAPOLIS--(BUSINESS WIRE)--TCF Financial Corporation (NYSE:TCF) (“TCF”) and the University of Minnesota announced an amended sponsorship agreement for TCF Bank Stadium that immediately invests $8 million in the University’s Athletes Village, a transformative project to modernize athletics facilities and deliver a first-class collegiate experience for all current and former Gopher student-athletes. The amendment also provides the University with $541,000 in additionalmore...
  • 9/07/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (“TCF”) (NYSE:TCF) today announced it has commenced an underwritten registered public offering of depositary shares, each representing a 1/1,000th interest in a share of Series C Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share. TCF intends to file an application to list the depositary shares on the New York Stock Exchange. The depositary shares will be offered pursuant to a prospectusmore...
  • 8/29/17

    Downtown Saint Paul Development includes New Minnesota Wild ® Practice Facility, TRIA Orthopedic Clinic, Walgreens ® and Minnesota Housing Finance Agency Headquarters

    WAYZATA, Minn. & CHICAGO & MINNEAPOLIS--(BUSINESS WIRE)--TCF Commercial Bank, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), The PrivateBank, an indirect, wholly owned subsidiary of CIBC (TSX, NYSE: CM), and Hempel, the developer of Treasure Island Center, announce today that TCF Commercial Bank and The PrivateBank will provide a $40 million construction loan to Hempel Companies for the completion of Treasure Island Center. The developmentmore...
  • 7/24/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (NYSE: TCF): SECOND QUARTER OBSERVATIONS Revenue of $341.8 million, up 3.3 percent from the second quarter of 2016 Net interest income of $227.2 million, up 6.7 percent from the second quarter of 2016 Net interest margin of 4.52 percent, up 17 basis points from the second quarter of 2016 Period-end loans and leases of $18.4more...
  • 7/19/17
    WAYZATA, Minn.--(BUSINESS WIRE)--The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCF) today declared quarterly cash dividends on TCF’s common shares, 7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B Non-Cumulative Perpetual Preferred Stock. A quarterly cash dividend of $0.075 per common share is payable on September 1, 2017 to stockholders of record at the close of business on August 15, 2017. At June 30, 2017, there were 171.more...
  • 7/06/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) today announced it will release its second quarter 2017 earnings results before the market opens on Monday, July 24, 2017. Craig R. Dahl, chairman and chief executive officer, will host a conference call to discuss the results at 9:00 a.m. Central Daylight Time and will be joined by other TCF executives. If you would like to listen to TCF’s live conference call, please dial (844) 580-8285. A slidemore...
  • 6/21/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) announced today that Yvonne Franzese has joined the company as executive vice president and chief human capital officer. Franzese is responsible for leading all aspects of TCF’s enterprise-wide human capital strategy, including talent acquisition, organizational design and effectiveness, as well as team member reward and recognition. She will lead the ongoing work to establish a fully integrated andmore...
  • 6/14/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) and its subsidiaries announced today that they are increasing their prime rate to 4.25 percent from 4.00 percent, effective tomorrow, June 15, 2017. About TCF TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2017, TCF had $21.8 billion in total assets and 331 branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin,more...