Newsroom

Michigan

  • 2/19/19
    WAYZATA, Minn.--(BUSINESS WIRE)--The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE: TCF) today announced that Dr. Theresa M. H. Wise has been elected to the TCF Board of Directors, effective immediately. Dr. Wise will initially serve on the Technology Committee, Risk Committee, and Finance Committee. Dr. Wise currently serves as CEO and Principal for Utaza, LLC, a business advisory group focused on IT strategy, customer data analyticsmore...
  • 2/14/19

    Three-game women’s ice hockey series February 12-17; game three on Sunday, February 17 in Detroit is the first rematch on U.S. soil of the 2018 Olympic gold-medal game

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it will serve as the presenting sponsor of the Rivalry Series game three between the women's national ice hockey teams of the U.S. and Canada on Sunday, Feb. 17. Opening faceoff is set for 12 noon ET at Little Caesar's Arena in Detroit. "We're excited to welcome TCF Bank and appreciate its support of USAmore...
  • 2/13/19

    TCF Bank Empowers Customers to Lock and Unlock Lost or Misplaced Debit Cards from the Convenience of their Phones, Computers or by Visiting a Branch or Calling its Contact Center

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced it is empowering its customers to lock and unlock their debit cards when they are lost or misplaced. Customers easily can lock and unlock debit cards from the convenience of their phones, computers or by visiting a branch or calling its contact center. “Our daily lives are getting busier and adding ourmore...
  • 1/28/19
    • Creates a premier bank in the Midwest with $45 billion in assets
    • Enhances competitive position by delivering the scale, profitability and predictable performance required to compete and win in an evolving market
    • Merger combines two complementary platforms – strengthening each company’s standalone growth profile
    • EPS accretion, relative to consensus estimates, of 17% to Chemical shareholders and 31% to TCF shareholders; 2.7-year tangible book value per share earn back
    • Combined company retains shared values including deep community ties, customer-centric focus and commitment to performance
    • Significant operation centers in Minneapolis, Midland and Chicago
    DETROIT & WAYZATA, Minn.--(BUSINESS WIRE)--Chemical Financial Corporation (“Chemical”) (NASDAQ: CHFC) and TCF Financial Corporation (“TCF”) (NYSE: TCF) today announced the signing of a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, TCF will merge into Chemical, and the combined holdingmore...
  • 7/20/18
    WAYZATA, Minn. (July 20, 2018) – TCF Financial Corporation (“TCF”) (NYSE:TCF) today issued the following statement regarding the settlement filed today that resolves its litigation with the Bureau of Consumer Financial Protection (the “BCFP”) and regulatory matters brought by the Office of the Comptroller of the Currency (the “OCC”) related to its overdraft opt-in practices. “We are pleased to have reached a resolution to an issue that datesmore...
  • 6/28/18

    Five new leaders join TCF Bank’s Consumer Lending and Relationship Lending Unit to help grow its mortgage business.

    WAYZATA, Minn. (June 28, 2018) – TCF Relationship Lending Unit (RLU), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it added new leaders to its team. The five new hires will help grow the company’s mortgage business. New additions to the team include: Mike Petersen – director, secondary marketing and capital markets, TCF Consumer Lending Mark Zierott – director, relationship lending salesmore...
  • 6/12/18

    Three new regional managers add deep industry expertise to growing home loans division of TCF Bank.

    WAYZATA, Minn.--(BUSINESS WIRE)--TCF Home Loans, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it added three new regional sales managers. These new hires will help lead the company’s team of residential mortgage professionals as they guide customers through all stages of the home loan process. New additions to the TCF Home Loans team include: Ty Sukalski - regionalmore...
  • 2/06/18
    WAYZATA, Minn. and SOUTHFIELD, Mich. (February 6, 2018) – TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB) and JACK’S PLACE for Autism Foundation (JACK’S PLACE) today announced that TCF Bank team members and customers donated nearly $25,000 at 50 branches in Michigan to support JACK’S PLACE, improving the quality of life for people and families impacted by autism spectrum disorder. “Thanks to our team members and customersmore...
  • 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...