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Minnesota

  • 12/29/17
    • TCF to record a one-time, estimated net tax benefit between $120 million and $140 million
    • TCF gives back $5 million in bonuses to team members and $5 million to nonprofit organizations in the communities it serves
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) announced today that as a result of the tax reform legislation enacted December 22, 2017, it will be required to revalue its deferred tax assets and deferred tax liabilities to account for the future impact of lower corporate tax rates on these deferred amounts. Based on preliminary analysis, TCF expects to record a one-time net tax benefit in an estimated amount of between $120 million and $more...
  • 10/30/17
    • Acquisition of Rubicon Mortgage Advisors strengthens TCF’s experienced mortgage lending team and creates additional opportunities to serve customers
    • TCF Bank gains scale and geographic reach in its residential first mortgage program
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it has signed a definitive agreement to acquire Rubicon Mortgage Advisors, LLC (Rubicon), a residential mortgage lender with offices in Minnesota and North Dakota and licenses to operate in South Dakota, Wisconsin, Colorado and California. Financial terms of the agreement were not disclosed and the transaction is expected to closemore...
  • 10/16/17

    Customer and team member donations total more than $200,000 in three years

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announces that it raised more than $60,000 in 2017 for Make-A-Wish Minnesota to help make wishes a reality for children with critical illnesses. Donations were accepted at all 90 TCF Bank branches in Minnesota and collected during team member fundraising events. During the past three years, TCF Bank customers and team members donated total more thanmore...
  • 6/05/17

    TCF recognized for exceptional innovation, leadership, and business performance

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE: TCF) today announced that it is the winner of a NICE (Nasdaq:NICE) 2017 Customer Excellence Award. This award recognizes customers who have demonstrated innovation and leadership in their approach to reinventing customer experience. TCF Bank received this award at the Interactions-ICUC 2017 global customer conference in Las Vegas, the largest customer service industry event. The company wasmore...
  • 4/11/17

    During National Financial Literacy Month in April, TCF receives its third consecutive financial education award for providing innovative financial education to teens and adults

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) today will be honored with its third, consecutive Innovation in Financial Education Award presented by Nasdaq and EverFi. The award, presented during National Financial Literacy Month at Nasdaq Marketsite in New York City, recognizes TCF’s significant efforts to improve the financial capability of Americans through its TCF Financial Scholars Program for teens and TCF Financial Fitness Program for adultsmore...
  • 2/08/17

    Mr. Cooper served as CEO for nearly 30 years and is remembered for reinventing the company, his commitment to philanthropy and industry leadership

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (“TCF”) (NYSE:TCB) announced today that William A. Cooper, the corporation’s executive chairman and former chief executive officer for nearly 30 years, died yesterday. He was 73 years old. “The entire TCF family is deeply saddened by the passing of Bill Cooper and we will miss his passion for our company, its people and his strong leadership of our board of directors,” said Craig R. Dahl, TCF’s vicemore...
  • 1/19/17
    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (“TCF”) (NYSE:TCB) today issued the following statement regarding the civil lawsuit filed by the Consumer Financial Protection Bureau (the “CFPB”) in the United States District Court – District of Minnesota related to TCF’s overdraft opt-in practices from 2010 to April, 2014. The CFPB has been reviewing TCF’s overdraft protection program as part of its ongoing focus on these programs across the banking industrymore...
  • 1/17/17

    In its 27 th year, TCF Foundation awards four, new multi-year grants to nonprofit organizations

    WAYZATA, Minn. & PLYMOUTH, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), and TCF Foundation announced it donated nearly $3 million to 530 nonprofit organizations in 33 states during 2016. TCF team members and TCF Bank customers donated more than $1.3 million through fundraising activities and matching gifts and TCF Foundation granted nearly $1.6 million to nonprofit organizations that support community development, education,more...
  • 12/27/16

    TCF Bank Customers and Team Members Donated More Than $150,000 in Two Years

    WAYZATA, Minn. & MINNEAPOLIS--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), today announced that it raised more than $50,000 for Make-A-Wish Minnesota. Donations were accepted at all 98 TCF Bank branches in Minnesota and collected during team member fundraising events. During the past two years, TCF Bank customers and team members donated more than $150,000 to the organization. “No child should have to battle a life-more...
  • 12/22/16

    TCF Bank Customers and Team Members Donated More Than $250,000 In Four Years to Support Animal Welfare

    WAYZATA, Minn. & GOLDEN VALLEY, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), today announced that TCF Bank customers and team members raised nearly $75,000 for Animal Humane Society in Minnesota. Donations were accepted at all 98 TCF Bank branches in Minnesota. During the past four years, TCF Bank customers and team members donated more than $250,000 to the organization. “Animal welfare is a cause our team members havemore...