WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 19, 2009--
The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE:TCB)
has declared a quarterly cash dividend of 5 cents per common share,
payable November 30, 2009 to stockholders of record at the close of
business on October 30, 2009. At September 30, 2009, there were 128.7
million common shares outstanding listed on the New York Stock Exchange
under the symbol TCB.
TCF i...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 19, 2009--
TCF National Bank (“TCF”), a subsidiary of TCF Financial Corporation
(NYSE: TCB), announced today that during the first quarter of 2010, it
will begin offering a new checking account product to customers called TCF
Convenience CheckingSM.
TCF’s new Convenience Checking account will eliminate the
per item NSF fee and the returned item fee as well as offer many FREE
che...
Non-customers can earn $100 CASH just for opening a TCF Totally Free Checking Account on October 12, 2009 BURR RIDGE, Ill., Oct 12, 2009 (BUSINESS WIRE) -- TCF Bank, your convenience bank, is open Columbus Day and has a special
offer. On Monday, October 12, TCF Bank is offering $100 FREE CASH for
one day only to all new customers when they open a TCF Totally Free
Checking account at any of our TCF Bank locations in Illinois,
Wisconsin, or Indiana. If you are a...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 5, 2009--
TCF Financial Corporation (“TCF”) (NYSE:TCB) is hosting a teleconference
to discuss its 2009 third quarter financial results on Wednesday,
October 21, 2009 at 10:00 a.m. Central Time. TCF Chairman and Chief
Executive Officer, William A. Cooper, is hosting the teleconference and
will be joined by other TCF executives. If you would like to listen to
TCF's live teleconference, please dial (888) 549-7750. T...
MINNETONKA, Minn., Sep 25, 2009 (BUSINESS WIRE) -- Winthrop Resources Corporation, a wholly-owned subsidiary of TCF
Financial Corporation ("TCF") (NYSE:TCB) today announced that it has
acquired for cash Fidelity National Capital, Inc., a wholly-owned
subsidiary of Fidelity National Financial (NYSE:FNF). Fidelity National
Capital, Inc. manages a portfolio comprised of approximately $250
million in leases.
"We are very excited about this acquisition," said ...
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Aug. 18, 2009--
TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National
Bank, has announced the creation of a new joint venture with The Toro
Company (“Toro”) named Red Iron Acceptance, LLC (“Red Iron”). Red Iron
will provide U.S. distributors and dealers and select Canadian
distributors of the Toro and Exmark brands with a reliable,
cost-effective source of floor plan and open account financing. In...
WAYZATA, Minn.--(BUSINESS WIRE)--Jul. 21, 2009--
The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE:TCB)
has declared its regular quarterly cash dividend of 5 cents per common
share, payable August 31, 2009 to stockholders of record at the close of
business on July 31, 2009. At June 30, 2009, there were 128.4 million
common shares outstanding listed on the New York Stock Exchange under
the symbol TCB.
TCF is a Wayzata, M...
WAYZATA, Minn.--(BUSINESS WIRE)--Jul. 1, 2009--
TCF Financial Corporation (“TCF”) (NYSE:TCB) is hosting a teleconference
to discuss its 2009 second quarter financial results on Wednesday, July
22, 2009 at 10:00 a.m. Central Time. TCF Chairman and Chief Executive
Officer, William A. Cooper, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (866) 225-8754. To ...
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Jun. 29, 2009--
TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National
Bank, announced today an agreement with Textron Financial Corporation
(“Textron Financial”) to assume the rights to existing Textron Financial
programs that will enable TCFIF to originate certain floorplan financing
receivables for retailers of lawn and garden products. TCFIF did not
acquire any existing floorplan financing rece...
WAYZATA, Minn.--(BUSINESS WIRE)--Jun. 29, 2009--
The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB)
today announced the election of Vance K. Opperman to the TCF Board of
Directors, effective June 29, 2009.
Mr. Opperman is President and Chief Executive Officer of Key Investment,
Inc., a private investment company based in Minneapolis. Previously, Mr.
Opperman was President of West Publishing Company until the business was
...
WAYZATA, Minn.--(BUSINESS WIRE)--Apr. 29, 2009--
TCF Financial Corporation (“TCF”) (NYSE:TCB) announced today, following
its annual meeting, that TCF stockholders elected eight directors;
re-approved the TCF Performance-Based Compensation Policy; approved an
increase in authorized shares under the TCF Financial Corporation
Incentive Stock Program; re-approved the performance-based goals under
the TCF Financial Incentive Stock Program; approved, in an...
WAYZATA, Minn.--(BUSINESS WIRE)--Apr. 22, 2009--
TCF Financial Corporation (TCF) (NYSE:TCB) announced today that it has
completed the repurchase of all 361,172 shares of 5 percent Fixed Rate
Cumulative Perpetual Preferred Stock at a total redemption price of
$361.2 million plus a final pro rata accrued dividend of $3.4 million.
“The American Recovery and Reinvestment Act of 2009, enacted February
17, included a provision allowing TARP...
WAYZATA, Minn.--(BUSINESS WIRE)--Apr. 20, 2009--
TCF Financial Corporation (TCF) (NYSE:TCB) announced today that it has
received approval from the U.S. Department of the Treasury (the “U.S.
Treasury”) to repurchase all of its 361,172 outstanding shares of 5
percent Fixed Rate Cumulative Perpetual Preferred Stock, Series A, $.01
Par Value, at a total redemption price of $361.2 million plus a final
pro rata accrued dividend. As part of the repurchase o...
WAYZATA, Minn., Apr 08, 2009 (BUSINESS WIRE) -- TCF Financial Corporation ("TCF") (NYSE:TCB), a national financial
holding company, will provide a webcast of its annual meeting of
stockholders on Wednesday, April 29, 2009 at 3:00 p.m. Central Time
(4:00 p.m. Eastern Time). This free webcast can be accessed through the
Investor Relations section of TCF's website at www.tcfbank.com.
TCF is a Wayzata, Minnesota-based national financial holding company
with $...
WAYZATA, Minn.--(BUSINESS WIRE)--Apr. 1, 2009--
TCF Financial Corporation (“TCF”) (NYSE:TCB) is hosting a teleconference
to discuss its 2009 first quarter financial results on Thursday, April
23, 2009 at 10:00 a.m. Central Time. TCF Chairman and Chief Executive
Officer, William A. Cooper, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (800) 366-3908. To l...
WAYZATA, Minn., Mar 02, 2009 (BUSINESS WIRE) -- TCF Financial Corporation (TCF) (NYSE:TCB) announced today that it has
filed notice with the U.S. Department of the Treasury to permit
redemption of all of the 361,172 outstanding shares of its Fixed Rate
Cumulative Perpetual Preferred Stock, Series A, $.01 Par Value, at a
total redemption price of $361.2 million plus a final pro rata accrued
dividend. According to the American Recovery and Reinvestment Act o...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 18, 2009--
TCF Financial Corporation (“TCF”) (NYSE:TCB) today announced its annual
meeting of stockholders will be held on Wednesday, April 29, 2009 at
3:00 p.m. CT at the Marriott Minneapolis West, 9960 Wayzata Boulevard,
St. Louis Park, Minnesota. Proposals for action by stockholders include
the election of eight directors, re-approval of the TCF
Performance-Based Compensation Policy, authorization of an increa...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 20, 2009--The Board of Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has
declared its regular quarterly cash dividend of 25 cents per common
share, payable February 27, 2009 to stockholders of record at the close
of business on January 30, 2009. At December 31, 2008, there were 127.4
million common shares outstanding listed on the New York Stock Exchange
under the symbol TCB.
TCF is a Wayzata, M...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 16, 2009--In an effort to continue to provide TCF Bank customers with convenient
service, TCF Financial Corporation ("TCF") (NYSE:TCB) announced today
that Avis and Domino's Pizza will be added to the TCF CashRewardsSM
program, a FREE benefit available to all TCF Bank check card holders.
The TCF CashRewards program provides special access to over 1,000 local,
national, and online participating retailer locations...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 5, 2009--TCF Financial Corporation (TCF) (NYSE:TCB) is hosting a teleconference
to discuss its 2008 year-end and fourth quarter financial results on
Thursday, January 22, 2009 at 10:00 a.m. Central Time. TCF Chief
Executive Officer, William A. Cooper, is hosting the teleconference and
will be joined by other TCF executives. If you would like to listen to
TCF's live teleconference, please dial (800) 218-0204. To listen t...
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Dec. 31, 2008--TCF Inventory Finance, Inc. ("TCFIF"), a subsidiary of TCF Financial
Corporation ("TCF") (NYSE: TCB), announced today an agreement with
Textron Financial Corporation ("Textron") to assume the right to
continue existing programs of originating certain floorplan financing
receivables for retailers of consumer electronics and appliances.
The assumption of these programs by TCFIF represents the oppo...
New TCF Free Checking customers will receive a $50 FREE TCF Visa Gift Card just for opening a checking account
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 31, 2008--In these uncertain times, TCF Bank is putting the "EASY" back into "EASY
DOES IT." New customers who visit a TCF Bank location January 1 - March
31, 2009, and open a free personal or small business checking account
will receive a FREE $50 TCF Visa Gift Card on the spot, EASY as that!
TCF Bank has al...
New TCF Free Checking customers will receive a $50 FREE TCF Visa Gift Card just for opening a checking account
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 31, 2008--In these uncertain times, TCF Bank is putting the "EASY" back into "EASY
DOES IT." New customers who visit a TCF Bank location January 1 - March
31, 2009, and open a free personal or small business checking account
will receive a FREE $50 TCF Visa Gift Card on the spot, EASY as that!
TCF Bank has al...
New TCF Free Checking customers will receive $50 CASH just for opening a checking account
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 31, 2008--In these uncertain times, TCF Bank is putting the "EASY" back into "EASY
DOES IT." New customers who visit a TCF Bank location January 1 - March
31, 2009, and open a free personal or small business checking account
will receive $50 CASH on the spot, EASY as that!
TCF Bank has always made banking easy and convenient by h...
New TCF Free Checking customers will receive a $50 FREE TCF Visa Gift Card just for opening a checking account
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 31, 2008--In these uncertain times, TCF Bank is putting the "EASY" back into "EASY
DOES IT." New customers who visit a TCF Bank location January 2 - March
31, 2009, and open a free personal or small business checking account
will receive a FREE $50 TCF Visa Gift Card on the spot, EASY as that!
TCF Bank has al...
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 18, 2008--TCF Financial Corporation ("TCF") (NYSE: TCB) announced today the launch
of a new subsidiary called TCF Commercial Finance Canada, Inc. ("TCF
Commercial Finance Canada"). TCF Commercial Finance Canada,
headquartered in Oakville, Ontario, Canada, will specialize in the
inventory floorplan finance business across Canada, with an initial
focus on the consumer electronics and household appliance industries.
...
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 16, 2008--TCF Financial Corporation (NYSE:TCB) today announced on behalf of its
subsidiary banks that it has lowered its prime rate, sometimes referred
to as commercial base rate, to 3.25 percent from 4.00 percent, effective
today, December 16, 2008.
TCF is a Wayzata, Minnesota-based national financial holding company
with $16.5 billion in total assets. The company has 445 banking offices
in Minnesota, Il...
WAYZATA, Minn., Dec 03, 2008 (BUSINESS WIRE) -- TCF National Bank (TCF), a subsidiary of TCF Financial Corporation
(NYSE: TCB), received the highest possible rating from the Office of the
Comptroller of the Currency (OCC) in its recent Community Reinvestment
Act (CRA) examination. The OCC, which regulates national banks such as
TCF, rated TCF's CRA performance over the last several years as
"outstanding" overall.
"We are very proud recipients of the outst...
WAYZATA, Minn.--(BUSINESS WIRE)--TCF Bank (TCF), a subsidiary of TCF Financial
Corporation (NYSE: TCB - News), the Illinois Council of the Blind, an affiliate
of the American Council of the Blind, and Equip for Equality announced today
that TCF has launched a major initiative intended to provide easier access to
its banking services for individuals with visual impairments. The program will
include the installation of Talking ATMs and greater accessibility to printed
ma...
WAYZATA, Minn.--(BUSINESS WIRE)--Nov. 14, 2008--TCF Financial
Corporation ("TCF") (NYSE: TCB) announced today it has received the
proceeds from the $361 million investment in TCF by the U.S.
Department of the Treasury. This investment is being made by the U.S.
Treasury Department as part of its Capital Purchase Program ("the
Program") under the Emergency Economic Stabilization Act of 2008.
According to the U.S. Treasury, the Program is intended to stabilize
the financial system and st...
WAYZATA, Minn.--(BUSINESS WIRE)--Nov. 3, 2008--TCF Financial
Corporation ("TCF") (NYSE: TCB) announced it has received preliminary
approval from the U.S. Treasury Department to participate in its
Capital Purchase Program ("the Program") under the Emergency Economic
Stabilization Act of 2008. The approval is subject to certain
conditions and the execution of definitive agreements.
As a participant in the Program, the U.S. Treasury will make an
investment in senior perpetual preferr...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 29, 2008--TCF Financial
Corporation (NYSE:TCB) today announced on behalf of its subsidiary
banks that it has lowered its prime rate, sometimes referred to as
commercial base rate, to 4.00 percent from 4.50 percent, effective
today, October 29, 2008.
TCF is a Wayzata, Minnesota-based national financial holding
company with $16.5 billion in total assets. The company has 445
banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin,
...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 24, 2008--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE: TCB) today
announced the election of Theodore (Ted) Bigos to the TCF Board of
Directors, effective October 20, 2008.
Mr. Bigos is founder and owner of Bigos Management, Inc., a
principle business unit of Bigos Management Company located in Edina,
Minnesota. Through the direction of Mr. Bigos, the company has
expanded since its inception in 1984 and currently owns/manage...
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THIRD QUARTER HIGHLIGHTS
Diluted earnings per share of 24 cents, up 26.3 percent from the second quarter
Net income of $30.1 million
Net interest margin of 3.97 percent
Net loan and lease charge-offs $26.8 million, flat from second quarter
Provision for loan and lease losses $52.1 million, down from $62.9 million in the second quarter
Allowance for loan and lease losses to total loans and leases increased to 1.21 percent at September 30...
WAYZATA, Minn., Oct 20, 2008 (BUSINESS WIRE) -- The Board of Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has
declared its regular quarterly cash dividend of 25 cents per common
share, payable November 28, 2008 to stockholders of record at the close
of business on October 31, 2008. At September 30, 2008, there were 127.2
million common shares outstanding listed on the New York Stock Exchange
under the symbol TCB.
TCF is a Wayzata, Minnesota-bas...
WAYZATA, Minn., Oct 10, 2008 (BUSINESS WIRE) -- The recent news concerning Tom Petters and the Petters Group companies
(collectively "Petters")
has caused a great deal of speculation and rumors.
While TCF Financial Corporation (TCF) (NYSE: TCB) generally refrains
from commenting on rumors, TCF Executive Management felt compelled to
make a statement given the uncertainty in the current economy. Neither
TCF Financial Corporation, its subsidiaries, nor any s...
WAYZATA, Minn., Oct 08, 2008 (BUSINESS WIRE) -- TCF Financial Corporation (NYSE:TCB) today announced on behalf of its
subsidiary banks that it has lowered its prime rate, sometimes referred
to as commercial base rate, to 4.50 percent from 5.00 percent, effective
today, October 8, 2008.
TCF is a Wayzata, Minnesota-based national financial holding company
with $16.5 billion in total assets. The company has 454 banking offices
in Minnesota, Illinois, Michiga...
WAYZATA, Minn.--(BUSINESS WIRE)--
TCF Financial Corporation (TCF) (NYSE:TCB) is hosting a
teleconference to discuss its 2008 third quarter financial results on
Wednesday, October 22, 2008 at 10:00 a.m. Central Time. TCF Chief
Executive Officer, William A. Cooper, is hosting the teleconference
and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial (800) 218-0204. To
listen to the replay of TCF's teleconference, please dial (800...
New TCF Free Checking customers will receive a FREE $50 Cub Foods
Gift Card.
MINNEAPOLIS--(BUSINESS WIRE)--Sept. 2, 2008--Consumers who open a
checking account at TCF Bank, a subsidiary of TCF Financial
Corporation (TCF) (NYSE:TCB), will get a bonus in the form of a FREE
$50 Cub Foods(R) Gift Card. Both new and existing TCF customers can
also get a chance to win a $1,000 grocery shopping spree, courtesy of
the TCF Free Grocery Celebration.
New custom...
WAYZATA, Minn., Aug 14, 2008 (BUSINESS WIRE) -- TCF Financial Corporation (TCF) (NYSE: TCB), the parent company of
TCF National Bank, will issue $100 million of trust preferred
securities on August 19, 2008. The securities will be issued by a
newly formed Delaware statutory trust affiliate of TCF (TCF Capital
I). TCF also granted the underwriters a 15 percent purchase option to
cover any over-allotments.
The securities will bear interest at a fixed rate of 10.75 percent
until maturity. Th...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 5, 2008--TCF Financial
Corporation (TCF) (NYSE: TCB) announced today the creation of a new
subsidiary called TCF Inventory Finance, Inc. ("TCF Inventory
Finance"). TCF Inventory Finance, headquartered in Hoffman Estates,
Illinois, will specialize in the inventory floorplan finance business
in the U.S. and Canada, with an initial focus on the consumer
electronics and household appliance industries.
TCF Inventory Finance is led by Ross A. Perr...
WAYZATA, Minn.--(BUSINESS WIRE)--July 28, 2008--TCF Financial
Corporation's (TCF) (NYSE: TCB) Board of Directors announced today the
election of William A. Cooper as Chief Executive Officer (CEO). Mr.
Cooper will be returning to the CEO position effective immediately,
replacing Mr. Lynn Nagorske who is retiring. Mr. Cooper commented that
"Lynn Nagorske has made great contributions to the success of TCF in
his 22 years with the company and has successfully guided the bank in
this most ...
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SECOND QUARTER HIGHLIGHTS
Diluted earnings per share of 19 cents
Net income of $23.7 million
Net interest margin of 4.00 percent, up 16 basis points from
first quarter
Provision for loan and lease losses of $62.9 million, net
charge-offs of $26.6 million
Allowance for loan and lease losses to loans ratio increased
to 1.03 percent at June 30
Average Power Assets(R) increased by $1.4 billion, ...
WAYZATA, Minn., Jul 22, 2008 (BUSINESS WIRE) -- The Board of Directors of TCF Financial Corporation (TCF) (NYSE:
TCB) today announced the election of Barry N. Winslow to the TCF Board
of Directors, effective July 21, 2008.
Mr. Winslow retired as TCF's Chief Operating Officer in December
2006 after serving nearly 20 years with the company. Mr. Winslow
joined TCF in 1987 and was made President of TCF Bank Illinois in
1993. He subsequently served as President of TCF Bank Michigan and TCF
Ban...
WAYZATA, Minn.--(BUSINESS WIRE)--July 21, 2008--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 25 cents per common share,
payable August 29, 2008 to stockholders of record at the close of
business on August 1, 2008. At June 30, 2008, there were 126.5 million
common shares outstanding listed on the New York Stock Exchange under
the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
co...
WAYZATA, Minn.--(BUSINESS WIRE)--July 1, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2008 second quarter financial results on Wednesday, July 23, 2008
at 10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 257-7063. To listen to the replay of
TCF's teleconference, please...
Customers Can Save Money at the Gas Pump with the "TCF Bank Free
Gas Giveaway"!
WAYZATA, Minn.--(BUSINESS WIRE)--June 1, 2008--Consumers can get a
break at the gas pump thanks to the "TCF Bank Free Gas Giveaway". TCF
Bank is providing two opportunities to earn Free Gas in the month of
June. New TCF customers earn a Free $50 Gas Card, just for opening a
TCF Totally Free Checking account. Plus, TCF will be giving away
$1,000 in Free Gas Cards EVERY WEEK i...
WAYZATA, Minn., Apr 30, 2008 (BUSINESS WIRE) -- TCF Financial Corporation (NYSE:TCB) today announced on behalf of
its subsidiary banks that it has lowered its prime rate to 5.00
percent from 5.25 percent, effective today, April 30, 2008.
TCF is a Wayzata, Minnesota-based national financial holding
company with $16.4 billion in total assets. The company has 453
banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin,
Indiana and Arizona, providing retail and commercial banking...
WAYZATA, Minn.--(BUSINESS WIRE)--April 23, 2008--TCF Financial
Corporation ("TCF") (NYSE:TCB) announced today, following its annual
meeting, that TCF stockholders elected four directors, voted to
eliminate the classified board structure and provide for the annual
election of Directors, and voted in favor of the appointment of KPMG
LLP as independent registered public accountants for the fiscal year
ending December 31, 2008.
TCF is a Wayzata, Minnesota-based national financial hold...
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FIRST QUARTER HIGHLIGHTS -- Diluted earnings per share of 38 cents -- Net income of $47.4 million -- Return on average assets of 1.18 percent -- Return on average common equity of 17.08 percent -- Average Power Assets(R) increased by $1.2 billion, or 10.7 percentWAYZATA, Minn., Apr 22, 2008 (BUSINESS WIRE) -- TCF Financial Corporation ("TCF") (NYSE:TCB):
EARNINGS SUMMARY Table 1
----------------------------------------...
WAYZATA, Minn.--(BUSINESS WIRE)--April 14, 2008--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 25 cents per common share,
payable May 30, 2008 to stockholders of record at the close of
business on May 2, 2008. At March 31, 2008, there were 126.3 million
common shares outstanding listed on the New York Stock Exchange under
the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
company ...
WAYZATA, Minn.--(BUSINESS WIRE)--April 14, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual meeting of stockholders on
Wednesday, April 23, 2008 at 3:00 p.m. Central Time (4:00 p.m. Eastern
Time). This free webcast can be accessed through the Investor
Relations section of TCF's website at www.tcfbank.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $16 billion in total assets....
WAYZATA, Minn.--(BUSINESS WIRE)--April 1, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2008 first quarter financial results on Tuesday, April 22, 2008 at
10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-0204. To listen to the replay of
TCF's teleconference, please ...
WAYZATA, Minn.--(BUSINESS WIRE)--March 18, 2008--TCF Financial
Corporation (NYSE:TCB) today announced on behalf of its subsidiary
banks that it has lowered its prime rate to 5.25 percent from 6.00
percent, effective today, March 18, 2008.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 15, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB) has filed its 2007 Annual Report on Form
10-K with the U.S. Securities and Exchange Commission (SEC) for the
year ended December 31, 2007. TCF's Annual Report on Form 10-K, which
includes the complete audited financial statements, can be accessed
online at www.tcfbank.com/annualreport. Hard copies are available free
of charge upon request by emailing investor@tcfbank.com, visiting the
Investor R...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 13, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced its annual meeting of
stockholders to be held on Wednesday, April 23, 2008 at 3:00 p.m. CT
at the Marriott Minneapolis West, 9960 Wayzata Boulevard, St. Louis
Park, Minnesota. Proposals for action by stockholders include the
election of four directors, approval of a Second Amended and Restated
Certificate of Incorporation to eliminate the classified board
structure and provide fo...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 30, 2008--TCF Financial
Corporation (NYSE:TCB) today announced on behalf of its subsidiary
banks that it has lowered its prime rate to 6.00 percent from 6.50
percent, effective today, January 30, 2008.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
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2007 YEAR END HIGHLIGHTS
Record diluted earnings per share of $2.12, up 11.6 percent
Record net income of $266.8 million, up 8.9 percent
Return on average assets of 1.76 percent
Return on average common equity of 25.82 percent
Quarterly dividend increased 3.1 percent to 25 cents per share
Average Power Assets(R) increased by $950.2 million, or 9.4
percent
Opened 20 branches
WAYZATA, Minn.--(BUSINESS WI...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 22, 2008--TCF Financial
Corporation (NYSE:TCB) today announced on behalf of its subsidiary
banks that it has lowered its prime rate to 6.50 percent from 7.25
percent, effective today, January 22, 2008.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 21, 2008--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) is pleased to
announce, for the seventeenth consecutive year, an increase in the
regular quarterly cash dividend to 25 cents per common share. This
represents a 3.1 percent increase over the 2007 quarterly dividend of
24.25 cents per common share. The dividend is payable February 29,
2008 to stockholders of record at the close of business on February 1,
2008. At Decembe...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 3, 2008--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2007 year-end and fourth quarter financial results on Wednesday,
January 23, 2008 at 10:00 a.m. Central Time. TCF Chief Executive
Officer, Lynn A. Nagorske, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (800) 218-0204. To listen to the
replay of TCF's teleco...
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will lower its commercial base rate (sometimes referred to as prime
rate) from 7.50 percent to 7.25 percent, as of the close of business
on December 11, 2007.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
Cardholders can earn cash back at neighborhood as well as national
retailers
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--Holiday shopping
has kicked into high gear, so now is the perfect time to experience
the benefits of the free TCF(R) CashRewards(SM) Program. With the free
TCF CashRewards Program you can earn cash back any time you use your
TCF Check Card on qualifying purchases at over a thousand
participating local or national retailers. All...
Cardholders can earn cash back at neighborhood as well as national
retailers
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--Holiday shopping
has kicked into high gear, so now is the perfect time to experience
the benefits of the free TCF(R) CashRewards(SM) Program. With the free
TCF CashRewards Program you can earn cash back any time you use your
TCF Check Card on qualifying purchases at over a thousand
participating local or national retailers. All...
Cardholders can earn cash back at neighborhood as well as national
retailers
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--Holiday shopping
has kicked into high gear, so now is the perfect time to experience
the benefits of the free TCF(R) CashRewards(SM) Program. With the free
TCF CashRewards Program you can earn cash back any time you use your
TCF Check Card on qualifying purchases at over a thousand
participating local or national retailers. All TCF Che...
Cardholders can earn cash back at neighborhood as well as national
retailers
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--Holiday shopping
has kicked into high gear, so now is the perfect time to experience
the benefits of the free TCF(R) CashRewards(SM) Program. With the free
TCF CashRewards Program you can earn cash back any time you use your
TCF Check Card on qualifying purchases at over a thousand
participating local or national retailers. All T...
Cardholders can earn cash back at neighborhood as well as national
retailers
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 11, 2007--Holiday shopping
has kicked into high gear, so now is the perfect time to experience
the benefits of the free TCF(R) CashRewards(SM) Program. With the free
TCF CashRewards Program you can earn cash back any time you use your
TCF Check Card on qualifying purchases at over a thousand
participating local or national retailers. All ...
"The Reward of Time" Promotion Will Send a Lucky Winner to Hawaii
WAYZATA, Minn.--(BUSINESS WIRE)--Nov. 1, 2007--Everyone talks
about how crazy busy our lives are these days, but you have to wonder
if anyone's actually listening. TCF Bank wants to do something about
that.
Between now and the end of December, anyone can visit
www.therewardoftime.com and tell a story about their crazy day. TCF
will choose the top five entries each week and post them to "The
Reward of Time" webs...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 31, 2007--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will lower its commercial base rate (sometimes referred to as prime
rate) from 7.75 percent to 7.50 percent, as of the close of business
on October 31, 2007.
CONTACT:
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
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THIRD QUARTER HIGHLIGHTS
Diluted earnings per share of 48 cents
Net income of $59.1 million
Return on average assets of 1.55 percent
Return on average common equity of 23.39 percent
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 23, 2007--TCF Financial
Corporation ("TCF") (NYSE:TCB):
----------------------------------------------------------------------
EARNINGS SUMMARY Table 1
---...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 16, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) is pleased to announce the promotion of
Mr. Robert F. Grant to President of TCF Bank Michigan, effective
January 1, 2008, replacing Mr. Robert H. Scott. Mr. Grant joined TCF
Bank Michigan in April of 2005 as Executive Vice President and
Director of Commercial Lending. A long-time resident of Michigan, Mr.
Grant has nearly 30 years of banking experience and had previously
worked for Old Kent Bank...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 15, 2007--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 24.25 cents per common share,
payable November 30, 2007 to stockholders of record at the close of
business on October 26, 2007. At September 30, 2007, there were 126.7
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial h...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 2, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2007 third quarter financial results on Tuesday, October 23, 2007
at 10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-0204. To listen to the replay of
TCF's teleconference, please...
WAYZATA, Minn.--(BUSINESS WIRE)--Sept. 18, 2007--TCF National
Bank, a wholly-owned subsidiary of TCF Financial Corporation
(NYSE:TCB), will lower its commercial base rate (sometimes referred to
as prime rate) from 8.25 percent to 7.75 percent, effective September
18, 2007.
CONTACT:
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com
SOURCE: TCF Financial Corporation
...
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WAYZATA, Minn.--(BUSINESS WIRE)--July 24, 2007--TCF Financial
Corporation ("TCF") (NYSE:TCB):
SECOND QUARTER HIGHLIGHTS
-- Diluted earnings per share of 49 cents
-- Net income of $62.1 million
-- Return on average assets of 1.67 percent
-- Return on average common equity of 24.16 percent
----------------------------------------------------------------------
EARNINGS SUMMARY ...
WAYZATA, Minn., Jul 16, 2007 (BUSINESS WIRE) -- The Board of Directors of TCF Financial Corporation (TCF)
(NYSE:TCB) has declared its regular quarterly cash dividend of 24.25
cents per common share, payable August 31, 2007 to stockholders of
record at the close of business on July 27, 2007. At June 30, 2007,
there were 127.0 million common shares outstanding listed on the New
York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
company wit...
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MINNEAPOLIS, Jul 11, 2007 (BUSINESS WIRE) -- The University of Minnesota and TCF Bank celebrated the
commencement of construction at the new $288 million on-campus
football facility to be known as TCF Bank Stadium. The facility is
scheduled to open in August of 2009.
TCF Financial Corporation was a real catalyst to bringing gopher
football back to campus. Early on in the process TCF pledged $35
million over 25 years in exchange for naming rights for TCF Bank
St...
WAYZATA, Minn.--(BUSINESS WIRE)--July 3, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2007 second quarter financial results on Tuesday, July 24, 2007 at
10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-0713. To listen to the replay of
TCF's teleconference, please d...
MINNEAPOLIS--(BUSINESS WIRE)--June 4, 2007--TCF Equipment Finance,
Inc. (TCFEF), a wholly owned subsidiary of TCF National Bank (TCF),
announced that it has received an Equipment Leasing and Finance
Association (ELFA) 2007 Operations & Technology Excellence (O&TE)
Award for the implementation of its new integrated front-end system
replacement project. The award-winning project deployed a unified
web-based system for processing equipment leases and loans from
vendors, sources and direc...
WAYZATA, Minn.--(BUSINESS WIRE)--April 25, 2007--TCF Financial
Corporation ("TCF") (NYSE:TCB) announced today, following its annual
meeting, that TCF stockholders elected five directors and voted in
favor of the appointment of KPMG LLP as independent registered public
accountants for the fiscal year ending December 31, 2007.
TCF is a Wayzata, Minnesota-based national financial holding
company with $14.9 billion in total assets. TCF has 443 banking
offices in Minnesota, Illinois, M...
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WAYZATA, Minn.--(BUSINESS WIRE)--April 24, 2007--TCF Financial
Corporation ("TCF") (NYSE:TCB):
FIRST QUARTER HIGHLIGHTS
-- Record diluted earnings per share of 65 cents
-- Net income of $82.7 million
-- Record return on average assets of 2.24 percent
-- Record return on average common equity of 31.81 percent
-- Average Power Assets(R) increased $1.2 billion, or 12.2
percent
-- Averag...
WAYZATA, Minn.--(BUSINESS WIRE)--April 16, 2007--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 24.25 cents per common share,
payable May 31, 2007 to stockholders of record at the close of
business on April 27, 2007. At March 31, 2007, there were 129.3
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
co...
WAYZATA, Minn.--(BUSINESS WIRE)--April 16, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) announced today that its Board of
Directors has authorized a new program for the company to acquire up
to five percent (5%) of TCF common stock, or approximately 6.5 million
shares in addition to approximately 1.8 million shares remaining in
its current stock repurchase program. The shares will be acquired from
time to time, depending upon market conditions, through open market or
privately neg...
WAYZATA, Minn.--(BUSINESS WIRE)--April 4, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual meeting of stockholders on
Wednesday, April 25, 2007 at 3:00 p.m. Central Time (4:00 p.m. Eastern
Time). This free webcast can be accessed through the Investor
Relations section of TCF's website at www.tcfbank.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $14.7 billion in total assets...
WAYZATA, Minn.--(BUSINESS WIRE)--April 3, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2007 first quarter financial results on Tuesday, April 24, 2007 at
10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-0530. To listen to the replay of
TCF's teleconference, please ...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 14, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced its annual meeting of
stockholders to be held on Wednesday, April 25, 2007 at 3:00 p.m. CT
at the Marriott Minneapolis West, 9960 Wayzata Boulevard, St. Louis
Park, Minnesota. Proposals for action by stockholders include the
election of three directors and an advisory vote on the independent
registered public accountants. Holders of record of TCF common stock
at the close of busi...
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WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 24, 2007--TCF Financial
Corporation ("TCF") (NYSE:TCB):
2006 YEAR END HIGHLIGHTS
-- Diluted earnings per share of $1.90
-- Net income of $244.9 million
-- Return on average assets of 1.74 percent
-- Return on average common equity of 24.37 percent
-- Board declares quarterly dividend increase of 5.4 percent to
24.25 cents per share
-- Average Pow...
WAYZATA, Minn., Jan 22, 2007 (BUSINESS WIRE) -- The Board of Directors of TCF Financial Corporation (TCF)
(NYSE:TCB) is pleased to announce, for the sixteenth consecutive year,
an increase in the regular quarterly cash dividend to 24.25 cents per
common share. This represents a 5.4 percent increase over the 2006
quarterly dividend of 23 cents per common share. The dividend is
payable February 28, 2007 to stockholders of record at the close of
business on February 2, 2007. At December 31, 2...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 3, 2007--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2006 year-end and fourth quarter financial results on Wednesday,
January 24, 2007 at 10:00 a.m. Central Time. TCF Chief Executive
Officer, Lynn A. Nagorske, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (800) 218-0204. To listen to the
replay of TCF's teleco...
ANN ARBOR, Mich.--(BUSINESS WIRE)--Nov. 6, 2006--TCF Bank
Michigan, a subsidiary of TCF Financial Corporation (NYSE:TCB), and
Independent Bank Corporation (NASDAQ:IBCP) announced today the
execution of a definitive agreement for Independent Bank to acquire
ten of TCF's outstate branches in Battle Creek, Bay City and Saginaw,
Michigan that have current total deposits of approximately $235
million. It is anticipated that the transaction will be completed
sometime during March 2007, pend...
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WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 18, 2006--TCF Financial
Corporation (NYSE:TCB):
THIRD QUARTER HIGHLIGHTS
-- Diluted earnings per share of 51 cents
-- Net income of $65.9 million
-- Return on average assets of 1.86 percent
-- Return on average common equity of 26.44 percent
-- Average Power Assets(R) increased from the prior year by $1.3
billion, or 15 percent
-- Average Power L...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 16, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced that Mr. Barry N.
Winslow, Chief Operating Officer of TCF Financial Corporation has
decided to retire after nearly 20 years of service. Mr. Winslow will
step-down as Chief Operating Officer, effective December 31, 2006, and
will assist with transition activities until his retirement on March
31, 2007. Mr. Winslow joined TCF in 1987 and was made President of TCF
Bank Illinois in 1...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 16, 2006--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 23 cents per common share,
payable November 30, 2006 to stockholders of record at the close of
business on October 27, 2006. At September 30, 2006, there were 130.9
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial hold...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 2, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2006 third quarter financial results on Wednesday, October 18,
2006 at 10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 240-6709. To listen to the replay of
TCF's teleconference, plea...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 7, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) will provide a webcast of its annual
Analyst Day presentations on Thursday, August 17 at 10:00 a.m. Eastern
Time (9:00 a.m. Central Time). This free webcast can be accessed on
TCF's website at www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $14.2 billion in assets. TCF has 455 banking offices in
Minnesota, Illinois, Michigan, Colorado, Wisconsin a...
WAYZATA, Minn.--(BUSINESS WIRE)--July 20, 2006--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) today
announced the appointment of Gregory J. Pulles, TCF Vice Chairman,
General Counsel and Secretary, to the TCF Board of Directors,
effective July 17, 2006.
Mr. Pulles joined TCF in 1985 as Executive Vice President and
General Counsel, was elected Secretary in 1989, and in January 1993
became Vice Chairman. Prior to his career at TCF, Mr. Pulles practiced
law wi...
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WAYZATA, Minn.--(BUSINESS WIRE)--July 19, 2006--TCF Financial
Corporation (NYSE:TCB):
SECOND QUARTER HIGHLIGHTS
Diluted earnings per share of 52 cents
Net income of $67.1 million
Return on average assets of 1.92 percent
Return on average common equity of 27.75 percent
Average Power Assets(R) increased $1.2 billion, or 14.3
percent
Average Power Liabilities(R) increased $1 billion, or 11.9
...
WAYZATA, Minn.--(BUSINESS WIRE)--July 17, 2006--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 23 cents per common share,
payable August 31, 2006 to stockholders of record at the close of
business on July 28, 2006. At June 30, 2006, there were 131.4 million
common shares outstanding listed on the New York Stock Exchange under
the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
com...
WAYZATA, Minn., Jun 29, 2006 (BUSINESS WIRE) -- TCF National Bank, a wholly-owned subsidiary of TCF
Financial Corporation (NYSE:TCB), will raise its commercial base rate
(sometimes referred to as prime rate) from 8.00 percent to 8.25
percent, effective June 29, 2006.
SOURCE: TCF Financial Corporation
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfexpress.com
...
WAYZATA, Minn.--(BUSINESS WIRE)--June 28, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2006 second quarter financial results on Wednesday, July 19, 2006
at 10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-8862. To listen to the replay of
TCF's teleconference, pleas...
WAYZATA, Minn., May 10, 2006 (BUSINESS WIRE) -- TCF National Bank, a wholly-owned subsidiary of TCF
Financial Corporation (NYSE:TCB), will raise its commercial base rate
(sometimes referred to as prime rate) from 7.75 percent to 8.00
percent, effective May 10, 2006.
SOURCE: TCF Financial Corporation
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
...
WAYZATA, Minn.--(BUSINESS WIRE)--April 26, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) announced today following its annual
meeting that TCF stockholders elected three directors, approved the
TCF Employees Stock Purchase Plan - Supplemental Plan, and voted in
favor of the appointment of KPMG LLP as independent registered public
accountants for the fiscal year ending December 31, 2006.
TCF is a Wayzata, Minnesota-based national financial holding
company with $13.8 billion in a...
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WAYZATA, Minn.--(BUSINESS WIRE)--April 19, 2006--TCF Financial
Corporation ("TCF") (NYSE:TCB):
FIRST QUARTER HIGHLIGHTS
-- Diluted earnings per share of 45 cents
-- Net income of $58.2 million
-- Return on average assets of 1.71 percent
-- Return on average common equity of 23.82 percent
-- Average Power Assets(R) increased $1.1 billion, or 13.1
percent
-- Average Power Liabilities(R...
WAYZATA, Minn.--(BUSINESS WIRE)--April 17, 2006--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 23 cents per common share,
payable May 31, 2006 to stockholders of record at the close of
business on April 28, 2006. At March 31, 2006, there were 131.8
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
compa...
WAYZATA, Minn.--(BUSINESS WIRE)--April 5, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual meeting of stockholders on
Wednesday, April 26, 2006 at 3:00 p.m. Central Time (4:00 p.m. Eastern
Time). This free webcast will be hosted by Thomson/CCBN and can be
accessed through the Investor Relations section of TCF's website at
www.TCFExpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
com...
WAYZATA, Minn., Mar 28, 2006 (BUSINESS WIRE) -- CF National Bank, a wholly-owned subsidiary of TCF
Financial Corporation (NYSE:TCB), will raise its commercial base rate
(sometimes referred to as prime rate) from 7.50 percent to 7.75
percent, effective March 28, 2006.
SOURCE: TCF Financial Corporation
TCF National Bank, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
...
WAYZATA, Minn.--(BUSINESS WIRE)--March 28, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2006 first quarter financial results on Wednesday, April 19, 2006
at 10:00 a.m. Central Time. TCF Chief Executive Officer, Lynn A.
Nagorske, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 218-4007. To listen to the replay of
TCF's teleconference, plea...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 15, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced its annual meeting of
stockholders to be held on Wednesday, April 26, 2006 at 3:00 p.m.
(local time) at the Sheraton Minneapolis West, 12201 Ridgedale Drive,
Minnetonka, Minnesota. Proposals for action by stockholders include
the election of three directors, approval of the TCF Employees Stock
Purchase Plan - Supplemental Plan, and an advisory vote on the
independent registered p...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 1, 2006--TCF National Bank
("TCF Bank") a wholly-owned subsidiary of TCF Financial Corporation
("TCF") will issue $75 million of subordinated notes on February 6,
2006, due February 1, 2016.
The notes bear interest at a fixed rate of 5.50% until maturity.
The notes will qualify as Tier 2 or supplementary capital for
regulatory purposes, subject to certain limitations. TCF Bank will pay
$75 million to TCF as a return of capital. TCF will use th...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 31, 2006--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will raise its commercial base rate (sometimes referred to as prime
rate) from 7.25 percent to 7.50 percent, effective January 31, 2006.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
SOURCE: TCF Financial Corporation
...
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WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 18, 2006--TCF Financial
Corporation (TCF) (NYSE:TCB):
2005 YEAR-END HIGHLIGHTS
Record diluted earnings per share of $2.00, up 7.5 percent
Record net income of $265.1 million, up 4 percent
Record return on average common equity of 28.03 percent
Return on average assets of 2.08 percent
Board declares quarterly dividend increase of 8.2 percent to
23 cents per sh...
WAYZATA, Minn., Jan. 17 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) is pleased to announce, for the
fifteenth consecutive year, an increase in the regular quarterly cash dividend
to 23 cents per common share. This represents an 8 percent increase over the
2005 quarterly dividend of 21.25 cents per common share. The dividend is
payable February 28, 2006 to common shareholders of record at the close of
business on January 27, 2006. A...
WAYZATA, Minn., Jan. 3 /PRNewswire-FirstCall/ -- TCF Financial Corporation
(TCF) (NYSE: TCB) is hosting a teleconference to discuss its 2005 year-end and
fourth quarter financial results on Wednesday, January 18, 2006 at 10:00 a.m.
Central Time. TCF Chief Executive Officer, Lynn A. Nagorske, is hosting the
teleconference and will be joined by other TCF executives. If you would like
to listen to TCF's live teleconference, please dial (800) 218-0204. To listen
to the replay of TCF's t...
WAYZATA, Minn., Dec. 20 /PRNewswire-FirstCall/ -- TCF National Bank
announced today a new service for small and middle market businesses to offer
direct deposit to their employees. TCF Express Direct Deposit is a fully web-
enabled service that allows businesses to send direct deposits to their
employees' checking or savings accounts automatically each payday. Employers
access a secure Website and update direct deposit information each pay period
or simply authorize the release of a ...
WAYZATA, Minn., Dec. 13 /PRNewswire-FirstCall/ -- TCF National Bank, a
wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), will raise
its commercial base rate (sometimes referred to as prime rate) from 7.00
percent to 7.25 percent, effective December 13, 2005.
SOURCE TCF Financial Corporation
12/13/2005
CONTACT: Jason Korstange of TCF Financial Corporation, +1-952-745-2755
6387 12/13/2005 17:08 EST http://www.prnewswire.com
...
WAYZATA, Minn., Nov 09, 2005 (BUSINESS WIRE) -- TCF Financial Corporation (TCF) (NYSE:TCB) today
announced that it intends to file an application with the Comptroller
of the Currency and the Federal Deposit Insurance Corporation for a
new wholly-owned national bank charter. The newly chartered bank will
operate in Arizona. Initially, TCF plans to open several consumer loan
production offices in the Phoenix metropolitan area during 2006 with
construction of traditional retail branches to be...
WAYZATA, Minn., Nov 01, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- TCF National Bank, a
wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), will raise
its commercial base rate (sometimes referred to as prime rate) from 6.75
percent to 7.00 percent, effective November 1, 2005.
SOURCE TCF Financial Corporation
Jason Korstange of TCF Financial Corporation, 1-952-745-2755
http://www.prnewswire.com
...
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WAYZATA, Minn., Oct. 19 /PRNewswire-FirstCall/ --
THIRD QUARTER HIGHLIGHTS
- Diluted earnings per share of 50 cents
- Net income of $65.5 million
- Return on average assets of 2.07 percent
- Return on average common equity of 27.41 percent
- Average Power Assets(R) increased $1.1 billion, or 14 percent
- Average Power Liabilities(R) increased $773.2 million, or 10 percent
- Increased checking accounts by...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 17, 2005--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) today
announced that Lynn A. Nagorske, President and Chief Operating
Officer, has been elected as Chief Executive Officer (CEO) effective
January 1, 2006. He will succeed the retiring CEO, Mr. William A.
Cooper, who will remain as Chairman of the Board of Directors.
Mr. Nagorske joined TCF in 1986 as Senior Vice President and
Controller of TCF Bank, was named Treasu...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 17, 2005--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 21.25 cents per common share,
payable November 30, 2005 to shareholders of record at the close of
business on October 28, 2005. At September 30, 2005, there were 133.8
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial h...
WAYZATA, Minn.--(BUSINESS WIRE)--Sept. 28, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2005 third quarter financial results on Wednesday, October 19,
2005 at 10:00 a.m. Central Time. TCF Chairman and Chief Executive
Officer, William A. Cooper, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (800) 240-2430. To listen to the
replay of TCF's tele...
WAYZATA, Minn.--(BUSINESS WIRE)--Sept. 20, 2005--TCF National
Bank, a wholly-owned subsidiary of TCF Financial Corporation
(NYSE:TCB), will raise its commercial base rate (sometimes referred to
as prime rate) from 6.50 percent to 6.75 percent, effective September
20, 2005.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
SOURCE: TCF Financial Corporation
...
DALLAS, Sep 01, 2005 (BUSINESS WIRE) -- 7-Eleven, Inc. and TCF National Bank just made it more
convenient for TCF Bank customers to get free ATM services. In an
agreement with TCF Bank, an affiliate of Minnesota-based TCF Financial
Corporation, 7-Eleven(R) stores offer free ATM transactions to TCF
customers in Colorado, Illinois, Indiana and the greater Detroit
metropolitan area.
"Just like 7-Eleven customers, TCF Bank customers are oriented
toward convenience in their daily lives," D...
WAYZATA, Minn., Aug. 12 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) will provide a webcast of its annual Analyst Day
presentations on Thursday, August 18 at 10:00 a.m. Eastern Time (9:00 a.m.
Central Time). This free webcast will be hosted by Thomson/CCBN and can be
accessed on TCF's website at http://www.TCFExpress.com .
TCF is a Wayzata, Minnesota-based national financial holding company with
$12.6 billion in assets. TCF has 435 banking offices in Minnes...
WAYZATA, Minn., Aug 09, 2005 (BUSINESS WIRE) -- TCF National Bank, a wholly-owned subsidiary of TCF
Financial Corporation (NYSE:TCB), will raise its commercial base rate
(sometimes referred to as prime rate) from 6.25 percent to 6.50
percent, effective August 9, 2005.
SOURCE: TCF National Bank
TCF National Bank, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 8, 2005--TCF National Bank
(TCF) (NYSE:TCB) announced today several enhancements to their lockbox
cash management service, TCF(R) Express Image Lockbox. Such
enhancements include the ability to view images of receivables online
at a secure website. Upon a successful login to the Internet site,
commercial customers may view checks, invoices and other documentation
received at their lockbox virtually 24/7. "This product is so much
more than mere Web loc...
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WAYZATA, Minn., Jul 20, 2005 (BUSINESS WIRE) -- TCF Financial Corporation (TCF) (NYSE:TCB):
SECOND QUARTER HIGHLIGHTS
-- Record diluted earnings per share of 53 cents
-- Record net income of $70.6 million
-- Return on average assets of 2.22 percent
-- Record return on average common equity of 30.23 percent
-- Average Power Assets(R) increased $1.1 billion, or 15 percent
-- Average Power Liabilities(R) increase...
WAYZATA, Minn., July 18 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 21.25 cents per common share, payable August 31,
2005 to shareholders of record at the close of business on July 29, 2005. At
June 30, 2005, there were 134.1 million common shares outstanding listed on
the New York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding co...
WAYZATA, Minn.--(BUSINESS WIRE)--July 11, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2005 second quarter financial results on Wednesday, July 20, 2005
at 10:00 a.m. Central Time. TCF Chairman and Chief Executive Officer,
William A. Cooper, is hosting the teleconference and will be joined by
other TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 642-1385. To listen to the replay of
TCF's teleconfere...
WAYZATA, Minn., June 30 /PRNewswire-FirstCall/ -- TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), will
raise its commercial base rate (sometimes referred to as prime rate) from
6.00 percent to 6.25 percent, effective June 30, 2005.
SOURCE TCF Financial Corporation
06/30/2005
CONTACT: Jason Korstange of TCF Financial Corporation, 1-952-745-2755
8010 06/30/2005 17:16 EDT http://www.prnewswire.com
...
WAYZATA, Minn., June 16 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB), today announced the election of Candace Lex as
Executive Vice President for TCF Financial Corporation. Ms. Lex will assume
primary responsibility for TCF's corporate marketing functions and will also
serve as Chief Marketing Officer. Lex will report to Barry Winslow, President
of TCF Bank.
Lex joins TCF after a twenty-year career in banking and financial
services. Lex held several mar...
WAYZATA, Minn., May 26 /PRNewswire-FirstCall/ -- TCF Financial Corporation
(TCF) (NYSE: TCB) announced today that its board of directors has authorized a
new program for the company to acquire up to 5 percent of TCF common stock, or
6.7 million shares. The shares will be acquired from time to time, depending
on market conditions, through open market or privately negotiated
transactions.
Since January 1998, TCF has repurchased 56 million shares of its common
stock at a total cost of ...
TCF Will Be Among the First Banks to Offer the American Express Travelers Cheque Card
WAYZATA, Minn., May 25 /PRNewswire/ -- TCF National Bank (TCF)
(NYSE: TCB), one of the nation's leading debit card issuers, and American
Express today announced that they have agreed to offer the American Express
Travelers Cheque Card throughout TCF's 430-branch retail banking network
beginning May 31.
Consumers are increasingly interested in a safe and convenient way to
carry their money whi...
WAYZATA, Minn., May 3 /PRNewswire-FirstCall/ -- TCF National Bank, a
wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), will raise
its commercial base rate (sometimes referred to as prime rate) from 5.75
percent to 6.00 percent, effective May 3, 2005.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange of TCF Financial Corporation, +1-952-745-2755
...
WAYZATA, Minn.--(BUSINESS WIRE)--April 27, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) announced that at today's annual meeting
the shareholders elected five directors, re-approved the directors
stock program for ten more years, and voted in favor of the
appointment of KPMG LLP as independent registered public accountants
for the fiscal year ending December 31, 2005.
TCF is a Wayzata, Minnesota-based national financial holding
company with $12.7 billion in assets. TCF has 430 b...
WAYZATA, Minn., April 25 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 21.25 cents per common share, payable May 31st to
shareholders of record at the close of business on May 6th. At March 31,
2005, there were 135.3 million common shares outstanding listed on the New
York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding company with
...
printer friendly version (PDF Format) WAYZATA, Minn., Apr 20, 2005 (BUSINESS WIRE) -- TCF Financial Corporation (TCF) (NYSE:TCB):
FIRST QUARTER HIGHLIGHTS
-- Diluted earnings per share of 47 cents
-- Net income of $63.5 million
-- Return on average assets of 2.03 percent
-- Return on average common equity of 27.18 percent
-- Average Power Assets(R) increased $1.2 billion, or 16 percent
-- Average Power Liabilities(R) increased $443.8 million, or 6
...
MINNEAPOLIS, Apr 11, 2005 (BUSINESS WIRE) -- TCF Bank (TCF) (NYSE:TCB), known for its Totally Free
Checking Account and seven-day banking access, announces the
introduction of air travel and merchandise rewards for its business
checking account customers. The new rewards program is designed for
businesses that use the free TCF Check Card - a debit card with access
to a business checking account.
With a TCF MILES PLUS(SM) Business Check Card, business customers
earn one point for every...
WAYZATA, Minn., April 6 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB), a national financial holding company, will
provide a webcast of its annual meeting of shareholders on Wednesday,
April 27, 2005 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). This
free webcast will be hosted by Thomson/CCBN and can be accessed through the
Investor Relations section of TCF's website at http://www.TCFExpress.com .
TCF is a Wayzata, Minnesota-based national financial h...
MINNETONKA, Minn.--(BUSINESS WIRE)--April 1, 2005--TCF Leasing,
Inc. today announced that it has changed its name to TCF Equipment
Finance, Inc. ("TCF Equipment Finance"). TCF Express Leasing, a trade
name for TCF Leasing, will also begin operating as TCF Equipment
Finance.
TCF Equipment Finance provides a variety of equipment finance
solutions for a wide range of targeted industries and vendor programs
nationwide. Today those industry segments served include:
Construction, Manufac...
WAYZATA, Minn.--(BUSINESS WIRE)--March 29, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2005 first quarter financial results on Wednesday, April 20, 2005
at 10:00 a.m. Central Time. TCF Chairman and Chief Executive Officer,
William A. Cooper, is hosting the teleconference and will be joined by
other TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 642-1385. To listen to the replay of
TCF's teleconfer...
MINNEAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--March 24, 2005--In
a move that is expected to kickstart the campaign to bring Gopher
football back to campus, officials from TCF Financial Corporation
("TCF") (NYSE:TCB) and University of Minnesota ("the University")
today announced a $35 million multiyear corporate sponsorship for a
new stadium. The deal provides TCF with exclusive naming rights for
the stadium, to be called "TCF Bank Stadium."
"We're excited about this agreement," Un...
WAYZATA, Minn., Mar 22, 2005 (BUSINESS WIRE) -- TCF National Bank, a wholly-owned subsidiary of TCF
Financial Corporation (NYSE:TCB), will raise its commercial base rate
(sometimes referred to as prime rate) from 5.50 percent to 5.75
percent, effective March 22, 2005.
SOURCE: TCF Financial Corporation
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.TCFExpress.com
...
WAYZATA, Minn.--(BUSINESS WIRE)--March 11, 2005--TCF National Bank
("TCF Bank") a wholly-owned subsidiary of TCF Financial Corporation
("TCF") will issue on March 16, 2005 $50 million of subordinated notes
due 2015.
The notes bear interest at a fixed rate of 5.00% for the first
five years and will reprice quarterly thereafter at the three-month
LIBOR rate plus 1.56%. The notes may be redeemed by TCF Bank at par
after five years and will qualify as Tier 2 or supplementary capital
fo...
WAYZATA, Minn.--(BUSINESS WIRE)--Feb. 17, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced its annual meeting of
shareholders to be held on Wednesday, April 27, 2005 at 10:00 a.m.
local (Minneapolis) time, at the Sheraton Minneapolis West, 12201
Ridgedale Drive, Minnetonka, Minnesota. Proposals for action by
shareholders include the election of five directors, the re-approval
of our Directors stock program and an advisory vote on the independent
registered public accountan...
WAYZATA, Minn., Feb 2, 2005 (BUSINESS WIRE) -- TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will raise its commercial base rate (sometimes referred to as prime
rate) from 5.25 percent to 5.50 percent, effective February 2, 2005.
SOURCE: TCF Financial Corporation
TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 25, 2005--TCF Financial
Corporation (TCF) (NYSE:TCB) today announced the promotion of James S.
Broucek to Senior Vice President and Treasurer of TCF. Mr. Broucek has
been the Senior Vice President and Chief Investment Officer of TCF
since 2002. Mr. Broucek joined TCF in 1995 as Controller of TCF
National Bank-Michigan subsequent the acquisition of Great Lakes
Bancorp. Prior to TCF, Mr. Broucek was with Great Lakes Bancorp for
eight years, his last pos...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 24, 2005--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) today
announced that they have designated Lynn A. Nagorske, President and
Chief Operating Officer, to succeed William A. Cooper as Chief
Executive Officer (CEO) effective January 1, 2006. Mr. Cooper will
remain Chairman of the Board through 2008.
"This structure will benefit TCF in two ways; by retaining Bill
Cooper and his innovative ideas as Chairman of the Board wh...
printer friendly version (PDF Format) WAYZATA, Minn., Jan 13, 2005 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) today reported record results for 2004. Diluted
earnings per share was a record $1.86 for 2004, compared with $1.53 for 2003.
Net income for 2004 was a record $255 million, up $39.1 million from 2003.
Net income for 2003 included $29.2 million, after-tax, of losses on
termination of debt which reduced 2003 diluted earnings per share by 21 ce...
WAYZATA, Minn., Dec 28, 2004 (BUSINESS WIRE) -- TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2004 year-end and fourth quarter financial results on Thursday,
January 13, 2005 at 10:00 a.m. Central Time. TCF Chairman and Chief
Executive Officer, William A. Cooper, is hosting the teleconference
and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial (800) 642-1385. To
listen to the replay of TC...
WAYZATA, Minn.--(BUSINESS WIRE)--Dec. 14, 2004--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will raise its commercial base rate (sometimes referred to as prime
rate) from 5.00 percent to 5.25 percent, effective December 14, 2004.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfexpress.com
SOURCE: TCF Financial Corporation
...
WAYZATA, Minn., Nov. 10 /PRNewswire-FirstCall/ -- TCF National Bank, a
wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), will raise
its commercial base rate (sometimes referred to as prime rate) from 4.75
percent to 5.00 percent, effective November 10, 2004.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange of TCF Financial Corporation, +1-952-745-2755
...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 18, 2004--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 18.75 cents per common share,
payable November 30th to shareholders of record at the close of
business on November 5th. At September 30, 2004, there were 138.8
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
co...
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WAYZATA, Minn., Oct. 14 /PRNewswire-FirstCall/ --
THIRD QUARTER HIGHLIGHTS
Diluted earnings per share of 45 cents(A)
Net income of $61.7 million
Return on average assets of 2.06 percent
Return on average common equity of 25.96 percent
Average Power Assets(R) increased $1.1 billion, or 16 percent, from
2003
Net loan and lease charge-offs were $3.7 million, or .17 percent
...
WAYZATA, Minn., Sep 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) is hosting a teleconference to discuss its 2004
third quarter financial results on Thursday, October 14, 2004 at 10:00 a.m.
Central Time. TCF Chairman and Chief Executive Officer, William A. Cooper, is
hosting the teleconference and will be joined by other TCF executives. If you
would like to listen to TCF's live teleconference, please dial (800) 642-1385.
To listen to the replay...
WAYZATA, Minn.--(BUSINESS WIRE)--Sept. 21, 2004--TCF National
Bank, a wholly-owned subsidiary of TCF Financial Corporation
(NYSE:TCB), will raise its commercial base rate (sometimes referred to
as prime rate) from 4.50 percent to 4.75 percent, effective September
21, 2004.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfexpress.com
SOURCE: TCF Financial Corporation
...
WAYZATA, Minn., Sep 8, 2004 (BUSINESS WIRE) -- TCF Financial
Corporation (TCF) (NYSE:TCB) announced plans today to merge the
residential mortgage loan origination activities of its wholly-owned
subsidiary TCF Mortgage Corporation (TCFMC) into TCF National Bank.
Effective December 1, 2004, all residential mortgage loans will be
made by the consumer lending division of TCF National Bank and TCFMC
will no longer be selling mortgage loans in the secondary market.
Expenses associated with ...
WAYZATA, Minn., Aug. 12 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) announced today the introduction of an
innovative new banking product that combines a high-yielding checking account
and a free platinum credit card that rewards customers with free air travel
and merchandise on their card purchases.
The new TCF Premier Checking Plus(SM) account with the TCF Miles Plus(SM)
card is uniquely suited for customers who maintain checking account balances
of $5,00...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 10, 2004--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will raise its commercial base rate (sometimes referred to as prime
rate) from 4.25 percent to 4.50 percent, effective August 10, 2004.
CONTACT: TCF National Bank, Wayzata
Jason Korstange, 952-745-2755
www.tcfexpress.com
SOURCE: TCF National Bank
...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 5, 2004--TCF Financial
Corporation (TCF)(NYSE:TCB) will provide a webcast of its annual
Analyst Day presentations on Thursday, August 12 at 9:30 a.m. Eastern
Time (8:30 a.m. Central Time). This free webcast will be hosted by
Thomson/CCBN and can be accessed on TCF's website at
www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $11.9 billion in assets. TCF has more than 411 banking
offices in Minnesota,...
WAYZATA, Minn., Aug. 3 /PRNewswire-FirstCall/ -- The Board of Directors of
TCF Financial Corporation (TCF) (NYSE: TCB) has declared a two-for-one stock
split in the form of a 100 percent stock dividend payable September 3, 2004 to
shareholders of record as of August 13, 2004. The stock split will increase
TCF's common shares issued and outstanding from approximately 70 million
shares to approximately 140 million shares.
"TCF announced record second quarter earnings and the Board's d...
WAYZATA, Minn., July 19 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 37.5 cents per common share, payable August 31st to
shareholders of record at the close of business on August 6th. At June 30,
2004, there were 69.8 million common shares outstanding listed on the New York
Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding company wit...
printer friendly version (PDF Format)
WAYZATA, Minn.--(BUSINESS WIRE)--July 15, 2004--TCF Financial
Corporation (NYSE:TCB):
SECOND QUARTER HIGHLIGHTS
Record diluted earnings per share of 94 cents
Record net income of $65.2 million
Record return on average assets of 2.20 percent
Record return on average common equity of 27.68 percent
Average Power Assets(R) increased $1 billion, or 16 percent,
from 2003
Net loan and l...
WAYZATA, Minn.--(BUSINESS WIRE)--June 30, 2004--TCF National Bank,
a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB),
will raise its commercial base rate (sometimes referred to as prime
rate) from 4.00 percent to 4.25 percent, effective June 30, 2004.
CONTACT: TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfexpress.com
SOURCE: TCF Financial Corporation
...
WAYZATA, Minn.--(BUSINESS WIRE)--June 29, 2004--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2004 second quarter financial results on Thursday, July 15, 2004
at 10:00 a.m. CDT. TCF Chairman and Chief Executive Officer, William
A. Cooper, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 642-1385. To listen to the replay of
TCF's teleconference, pleas...
WAYZATA, Minn.--(BUSINESS WIRE)--June 8, 2004--TCF National Bank
("TCF Bank") a wholly-owned subsidiary of TCF Financial Corporation
("TCF") will issue on June 14, 2004, $75 million of subordinated notes
due 2014.
The notes bear interest at a fixed rate of 5.0% for the first five
years and will reprice quarterly thereafter at the three-month LIBOR
rate plus 1.63%. The notes may be redeemed by TCF Bank at par after
five years and will qualify as Tier 2 or supplemental capital for
regulat...
WAYZATA, Minn.--(BUSINESS WIRE)--May 20, 2004--Responding to
consumers' growing demand for more convenience in a fast-paced world,
TCF Bank and King Soopers will offer in-store banking at eight
Denver-area King Soopers stores. Just like TCF's traditional banks,
the full-service, in-store branches will be open seven days a week
offering longer, more convenient operating hours.
"This relationship with King Soopers supports our overall Colorado
growth strategy and allows us to offer ou...
MINNEAPOLIS--(BUSINESS WIRE)--May 10, 2004--Officials from the
Minnesota State University, Mankato and TCF Financial Corporation
announced that TCF Bank has been awarded the University's exclusive
MavCard contract, replacing current financial partners US Bank and
Affinity Credit Union. The five-year contract makes TCF the exclusive
provider of banking services tied to campus cards (MavCard) on the
Mankato campus.
The agreement allows students, staff and faculty to link a TCF
campus...
WAYZATA, Minn.--(BUSINESS WIRE)--April 28, 2004--TCF Financial
Corporation (TCF) (NYSE:TCB) announced today that TCF common
stockholders at the annual meeting elected four directors, re-approved
the performance-based plan, renewed for ten more years the TCF
Financial Incentive Stock Program and separately re-approved its
performance-based provisions, and approved the advisory vote on the
appointment of KPMG LLP as independent public accountants for the
fiscal year ending December 31, 2004...
WAYZATA, Minn.--(BUSINESS WIRE)--April 27, 2004--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 37.5 cents per common share,
payable May 28th to shareholders of record at the close of business on
May 7th. At March 31, 2004, there were 70.5 million common shares
outstanding listed on the New York Stock Exchange under the symbol
TCB.
TCF is a Wayzata, Minnesota-based national financial holding
company with $11....
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FIRST QUARTER HIGHLIGHTS
Record diluted earnings per share of 88 cents Record net income of $60.7 million Return on average assets of 2.11 percent Return on average common equity of 25.90 percent Average Power Assets(R) increased $896.8 million, or 14 percent Net loan and lease charge-offs were $516,000, or .02 percent (annualized) of average loans and leases Average low-cost checking, savings and money market deposits increased $2...
WAYZATA, Minn., Apr 8, 2004 (BUSINESS WIRE) -- TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual meeting of shareholders on
Wednesday, April 28, 2004 at 11:00 a.m. Eastern Time (10:00 a.m.
Central Time). This free webcast will be hosted by Thomson/CCBN and
can be accessed on TCF's website at www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $11.3 billion in assets. TCF has ...
WAYZATA, Minn.--(BUSINESS WIRE)--March 30, 2004--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2004 first quarter financial results on Thursday, April 15, 2004
at 10:00 a.m. CDT. TCF Chairman and Chief Executive Officer, William
A. Cooper, is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 642-1385. To listen to the replay of
TCF's teleconference, plea...
MINNETONKA, Minn.--(BUSINESS WIRE)--March 23, 2004--TCF Leasing,
Inc. today announced that it has acquired VGM Leasing, Inc. of
Waterloo, Iowa. VGM Leasing, Inc., manages an approximate $120 million
lease portfolio, and operates under the trade name VGM Financial
Services. VGM Leasing, Inc. was founded in 1991 and is a highly
respected provider of equipment finance, primarily in the home health
care industry. It was one of 18 companies affiliated with the VGM
Group of companies serving pr...
WAYZATA, Minn., Feb. 18 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) today announced its annual meeting of
shareholders to be held on Wednesday, April 28, 2004 at 10:00 a.m. local
(Minneapolis) time, at the Sheraton Minneapolis West, 12201 Ridgedale Drive,
Minnetonka, Minnesota. Proposals for action by shareholders include the
election of four directors, re-approval of our performance-based plan, renewal
for ten more years of our incentive stock program and re-app...
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2003 YEAR-END HIGHLIGHTS
Diluted earnings per share of $3.05
Net income of $215.9 million
Board declares quarterly dividend increase of 15 percent to 37.5 cents
per share, $1.50 (annualized)
19 branches opened in 2003; 239 branches opened since January 1998
Average Power Assets(R) increased $792.5 million, or 13 percent
Average low-cost checking, savings and money market deposits incr...
WAYZATA, Minn.--(BUSINESS WIRE)--Jan. 2, 2004--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2003 year-end and fourth quarter financial results on Thursday,
January 15, 2004 at 10:00 a.m. CST. TCF Chairman and Chief Executive
Officer, William A. Cooper, is hosting the teleconference and will be
joined by other TCF executives. If you would like to listen to TCF's
live teleconference, please dial (800) 642-1385. To listen to the
replay of TCF's teleco...
MINNEAPOLIS--(BUSINESS WIRE)--Dec. 24, 2003--TCF Bank today
reaches a new milestone with the opening of its 400th branch location
in Warren, Michigan. The new branch is TCF's 58th opened in Michigan
and one of 19 new TCF branches opened in 2003. The Warren branch will
provide added convenience for TCF's many Detroit area banking
customers.
"TCF is committed to being the leader in convenience banking in
the markets we serve," said Lynn A. Nagorske, President and Chief
Operating Offi...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 20, 2003--The Board of
Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared
its regular quarterly cash dividend of 32.5 cents per common share,
payable November 28th to shareholders of record at the close of
business on November 7th. At September 30, 2003, there were 71.3
million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding
comp...
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THIRD QUARTER HIGHLIGHTS
Diluted earnings per share of 51 cents
Net income of $36 million
Diluted earnings per share reduced by 35 cents as a result of the
prepayment of $804 million of fixed-rate borrowings at a cost of
$37.8 million ($24.6 million after-tax)
Average Power Assets(R) increased $805.6 million, or 13 percent,
from the third quarter of 2002
Net loa...
WAYZATA, Minn.--(BUSINESS WIRE)--Oct. 2, 2003--TCF Financial
Corporation (TCF) (NYSE:TCB) is hosting a teleconference to discuss
its 2003 third quarter financial results on Wednesday, October 15,
2003 at 10:00 a.m. CDT. TCF Chairman and Chief Executive Officer,
William A. Cooper, is hosting the teleconference and will be joined by
other TCF executives. If you would like to listen to TCF's live
teleconference, please dial (800) 642-1385. To listen to the replay of
TCF's teleconference, ple...
WAYZATA, Minn., Aug. 25 /PRNewswire-FirstCall/ --
TCF Financial Corporation (NYSE: TCB) announced today that it has prepaid
$804 million of fixed-rate borrowings. These borrowings had an average
interest rate of 5.70% and an average remaining maturity of 13 months and are
being replaced with lower-cost borrowings with terms of 6 to 18 months.
The total cost of prepaying the borrowings was $37.8 million
($24.6 million after-tax) and will reduce third quarter 2003 diluted earnings
pe...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 12, 2003--TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual Analyst Day presentations on
Thursday, August 14 at 9:30 a.m. Eastern Time (8:30 a.m. Central
Time). This free webcast will be hosted by CCBN and can be accessed on
TCF's website at www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $11.8 billion in assets. TCF has more than 3...
WAYZATA, Minn.--(BUSINESS WIRE)--Aug. 12, 2003--TCF Financial
Corporation (NYSE:TCB) today announced the election of one new
director, Peter L. Scherer, Chief Executive Officer and President of
Scherer Bros. Lumber Co., to its Board of Directors. Mr. Scherer has
served since 1995 as President of Scherer Bros. Lumber, a large
privately held Minnesota-based retailer and manufacturer of
residential building products. He also serves as CEO of Alpine
Capital, an affiliated residential construc...
WAYZATA, Minn., July 22 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) announced today that its board of directors has
authorized a new program for the company to acquire up to 5 percent of TCF
common stock, or 3.6 million shares. The shares will be acquired from time to
time, depending on market conditions, through open market or privately
negotiated transactions.
Since January 1998, TCF has repurchased 24 million shares of its common
stock at a total cost o...
WAYZATA, Minn., July 21 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 32.5 cents per common share, payable August 29th to
shareholders of record at the close of business on August 1st. At June 30,
2003, there were 71.6 million common shares outstanding listed on the New York
Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding company wit...
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SECOND QUARTER HIGHLIGHTS
-- Record diluted earnings per share of 85 cents, up 9 percent
-- Record net income of $60.3 million, up 4 percent
-- Return on average assets of 2.04 percent
-- Return on average common equity of 25.17 percent
-- Average Power Assets(R) increased $792.3 million, or 14 percent, from
the second quarter of 2002
-- Net loan and lease charge-offs were $3.2 million, or .16 percent
...
WAYZATA, Minn., Jul 1, 2003 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial Corporation
(TCF) (NYSE: TCB) is hosting a teleconference to discuss its 2003 second
quarter financial results on Wednesday, July 16, 2003 at 10:00 a.m. CDT. TCF
Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like
to listen to TCF's live teleconference, please dial (800) 642-1385. To listen
to the replay of TCF's ...
MINNEAPOLIS, June 27 /PRNewswire-FirstCall/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 4.25 percent to 4.00
percent, effective June 27, 2003.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755 , or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
...
WAYZATA, Minn., April 23 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) announced today that TCF common stockholders at
the annual meeting elected four directors and approved the appointment of KPMG
LLP as independent public accountants for the fiscal year ending December 31,
2003.
TCF is a Minnesota-based national financial holding company with
$12.1 billion in assets. TCF has more than 390 banking offices in Minnesota,
Illinois, Michigan, Wisconsin, Colorad...
WAYZATA, Minn., April 21 /PRNewswire-FirstCall/ -- The Board of Directors
of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 32.5 cents per common share, payable May 30th to
shareholders of record at the close of business on May 2nd. At March 31,
2003, there were 73.1 million common shares outstanding listed on the New York
Stock Exchange under the symbol TCB.
TCF is a Minnesota-based national financial holding company with
$12.1 bill...
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FIRST QUARTER HIGHLIGHTS
-- Record diluted earnings per share of 83 cents, up 11 percent
-- Record net income of $60.1 million, up 7 percent
-- Return on average assets of 1.99 percent
-- Return on average common equity of 24.70 percent
-- Average Power Assets(R) increased $778.2 million, or 14 percent, from
the first quarter of 2002
-- Net loan and lease charge-offs were $1.9 million, or .09 per...
WAYZATA, Minn.--(BUSINESS WIRE)--April 7, 2003--TCF Financial
Corporation (TCF) (NYSE:TCB), a national financial holding company,
will provide a webcast of its annual meeting of shareholders on
Wednesday, April 23, 2003, at 11:00 a.m. Eastern Time (10:00 a.m.
Central Time). This free webcast will be hosted by CCBN and can be
accessed on TCF's web site at www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding
company with $12.2 billion in assets. TCF has mor...
WAYZATA, Minn., Apr 1, 2003 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial Corporation (TCF) (NYSE: TCB) is hosting a teleconference to
discuss its 2003 first quarter financial results on Wednesday, April 16, 2003
at 10:00 a.m. CDT. TCF Chairman and Chief Executive Officer, William A.
Cooper, is hosting the teleconference and will be joined by other TCF
executives. If you would like to listen to TCF's live teleconference, please
dial (800) 642-1385. To listen to the replay of TCF's t...
WAYZATA, Minn., Feb 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) today announced its annual meeting of shareholders
to be held on Wednesday, April 23, 2003 at 10:00 a.m. local (Minneapolis) time,
at the Sheraton Minneapolis West, 12201 Ridgedale Drive, Minnetonka, Minnesota.
Proposals for action by shareholders include the election of four directors and
the approval of independent public accountants. Holders of record of TCF common
stock at the ...
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WAYZATA, Minn., Jan. 15 /PRNewswire-FirstCall/ --
2002 YEAR-END HIGHLIGHTS
Record diluted earnings per share of $3.15, up 17 percent
Record net income of $232.9 million, up 12 percent
Record return on average assets of 2.01 percent
Record return on average realized common equity of 25.82 percent
Board declares quarterly dividend increase of 13 perce...
WAYZATA, Minn., Dec. 31 /PRNewswire-FirstCall/ -- TCF Financial
Corporation (TCF) (NYSE: TCB) is hosting a teleconference to discuss its 2002
year-end and fourth quarter financial results on Wednesday, January 15, 2003
at 10:00 a.m. CST. TCF Chairman and Chief Executive Officer, William A.
Cooper, is hosting the teleconference and will be joined by other TCF
executives. If you would like to listen to TCF's live teleconference, please
dial (800) 642-1385. To listen to the r...
MINNEAPOLIS, Nov. 7 /PRNewswire-FirstCall/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 4.75 percent to
4.25 percent, effective November 7, 2002.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
...
WAYZATA, Minn., Oct 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of
Directors of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its
regular quarterly cash dividend of 28.75 cents per common share, payable
November 29th to shareholders of record at the close of business on November
1st. At September 30, 2002, there were 74.4 million common shares outstanding
listed on the New York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financi...
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WAYZATA, Minn., Oct. 16 /PRNewswire-FirstCall/ --
THIRD QUARTER HIGHLIGHTS:
Diluted earnings per share increased 16 percent to a record 80 cents
Net income increased 11 percent to a record $58.9 million
Return on average assets of 2.03 percent
Record return on equity of 26.19 percent
Opened 7 new branches
Average Power Assets(R) incr...
WAYZATA, Minn., Oct 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its 2002
third quarter financial results on Wednesday, October 16, 2002 at 10:00 a.m.
CDT. TCF Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial (800) 642-1385. To listen to
the replay of TCF's t...
WAYZATA, Minn., July 23, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of
Directors of TCF Financial Corporation (NYSE: TCB) (TCF) has declared its
regular quarterly cash dividend of 28.75 cents per common share, payable August
30th to shareholders of record at the close of business on August 2nd. At June
30, 2002, there were 75 million common shares outstanding listed on the New York
Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national financial holding...
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WAYZATA, Minn., July 17 /PRNewswire-FirstCall/ --
SECOND QUARTER HIGHLIGHTS:
Diluted earnings per share increased 16 percent to 78 cents
Record return on average assets of 2.04 percent
Top-line revenues increased 5 percent to $226.1 million
Fees and service charges increased 14 percent
Opened 4 new branches
Average Power Assets(R) incr...
WAYZATA, Minn., Jul 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its 2002
second quarter financial results on Wednesday, July 17, 2002 at 10:00 a.m. CDT.
TCF Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial (800) 642-1385. To listen to
the replay of TCF's tel...
WAYZATA, Minn., May 13, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) announced today that its Board of Directors has
decided to eliminate the loan feature from its officers' and directors' deferred
compensation plans. William A. Cooper, Chairman of the Board, said, "Over many
years, TCF has encouraged its officers and directors to purchase additional
shares of TCF stock through fully secured loans at market interest rates in the
officers' and direct...
WAYZATA, Minn., May 8, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) announced today that TCF common stockholders at
the annual meeting elected four directors and approved the appointment of KPMG
LLP as independent public accountants for the fiscal year ending December 31,
2002.
TCF is a Wayzata, Minn.-based national financial holding company with $11.2
billion in assets. TCF has more than 375 banking offices in Minnesota, Illinois,
Michigan, Wis...
WAYZATA, Minn., May 6, 2002 (BUSINESS WIRE) -- TCF Financial Corporation (TCF)
(NYSE:TCB), a national financial holding company, will provide a webcast of its
annual meeting of shareholders on Wednesday, May 8, 2002, at 11:30 a.m. Eastern
Time (10:30 a.m. Central Time).
This free webcast will be hosted by CCBN and can be accessed on TCF's web site
at www.tcfexpress.com.
TCF is a Wayzata, Minnesota-based national financial holding company with $11.2
billion in assets. TCF has more th...
WAYZATA, Minn., Apr 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of
Directors of TCF Financial Corporation (NYSE: TCB) (TCF) has declared its
regular quarterly cash dividend of 28.75 cents per common share, payable May
31st to shareholders of record at the close of business on May 10th. At March
31, 2002, there were 76.5 million common shares outstanding listed on the New
York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minn.-based national financial holding compan...
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WAYZATA, Minn., Apr 17, 2002 /PRNewswire-FirstCall via COMTEX/ --
FIRST QUARTER HIGHLIGHTS:
-- Diluted earnings per share increased 21 percent to 75 cents
-- Record return on average assets of 2.01 percent
-- Top-line revenues increased 13 percent to $219.4 million
-- Fees and other revenues increased 18 percent
-- Net interest margin increased 48 basis points to 4.83 percent
-- Opened 4 new branches
...
WAYZATA, Minn., Apr 2, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its 2002
first quarter financial results on Wednesday, April 17, 2002 at 10:00 a.m. CDT.
TCF Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial (800) 642-1385. To listen to
the replay of TCF's tel...
WAYZATA, Minn., Feb 27, 2002 /PRNewswire-FirstCall via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) today announced its annual meeting of shareholders
to be held on Wednesday, May 8, 2002 at 10:30 a.m. local (Minneapolis) time, at
the Sheraton Minneapolis West, 12201 Ridgedale Drive, Minnetonka, Minn.
Proposals for action by shareholders include the election of four directors and
the approval of independent public accountants. Holders of record of TCF common
stock at the close of...
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WAYZATA, Minn., Jan. 16 /PRNewswire-FirstCall/ --
2001 YEAR-END HIGHLIGHTS
-- Record diluted earnings per share of $2.70, up 15 percent
-- Top-line revenue increased 11 percent, fees and other revenues up
14 percent
-- Record net income of $207.3 million
-- Board declares quarterly dividend increase of 15 percent to 28.75 cents
per share, $1.15 per year
-- Net interest margin of 4.51 percent, up 1...
WAYZATA, Minn., Jan 3, 2002 /PRNewswire via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its 2001
year-end and fourth quarter financial results on Wednesday, January 16, 2002 at
11:30 a.m. CST. TCF Chairman and Chief Executive Officer, William A. Cooper, is
hosting the teleconference and will be joined by other TCF executives. If you
would like to listen to TCF's live teleconference, please dial 800-642-1385. To
listen to the replay of TCF's...
MINNEAPOLIS, Dec 12, 2001 /PRNewswire via COMTEX/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 5.00 percent to 4.75
percent, effective December 12, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
/Company News On-Call: h...
MINNEAPOLIS, Nov 6, 2001 /PRNewswire via COMTEX/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 5.50 percent to 5.00
percent, effective November 7, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
...
WAYZATA, Minn., Oct 24, 2001 /PRNewswire via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) announced today that its board of directors has
authorized a new program for the company to acquire up to 5 percent of TCF
common stock, or approximately 3.8 million shares. The shares will be acquired
from time to time, depending upon market conditions, through open market or
privately negotiated transactions.
Since January 1998, TCF has repurchased 18.5 million shares of its common stoc...
WAYZATA, Minn., Oct 22, 2001 /PRNewswire via COMTEX/ -- The Board of Directors
of TCF Financial Corporation (NYSE: TCB) (TCF) has declared its regular
quarterly cash dividend of 25 cents per common share, payable November 30 to
shareholders of record at the close of business on November 2. At September 30,
2001, there were 76.9 million common shares outstanding listed on the New York
Stock Exchange under the symbol TCB.
TCF is a Minnesota-based national financial holding company with $1...
WAYZATA, Minn., Oct. 19 /PRNewswire/ -- In keeping with TCF's "Leader In
Convenience Banking" philosophy, TCF has announced that it will begin offering
Sunday hours in most of its traditional free-standing bank branches beginning
October 28.
TCF was a pioneer in offering Sunday banking hours in supermarket branches
in 1987 and has offered Sunday banking in some traditional branches since
1997. Enthusiastic customer response has motivated the bank to now extend
S...
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WAYZATA, Minn., Oct. 17 /PRNewswire/ --
THIRD QUARTER HIGHLIGHTS
Diluted cash earnings per share increased 18 percent to 72 cents
Top-line revenues increased 12 percent to $218 million
Fees and other revenues increased 13 percent
Net interest margin increased 17 basis points to 4.55 percent
Opened 9 new branches
Net charge-offs of .10 p...
WAYZATA, Minn., Oct 4, 2001 /PRNewswire via COMTEX/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its third
quarter financial results on Wednesday, October 17, 2001 at 10:00 a.m. CDT. TCF
Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial 800-642-1385. To listen to the
replay of TCF's teleconference, pl...
MINNEAPOLIS, Oct 2, 2001 /PRNewswire via COMTEX/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 6.00 percent to 5.50
percent, effective October 3, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
URL: http:...
WAYZATA, Minn., Sep 25, 2001 /PRNewswire/ -- TCF Financial
Corporation (NYSE: TCB) announced that its executive officers recently purchased
in the open market a total of approximately 150,000 shares of TCF common stock.
According to TCF Chairman and Chief Executive Officer, William A. Cooper, the
recent decline in TCF's stock price created an attractive investment
opportunity. "We continue to be significant owners of TCF stock. This purchase
not only highlights our confidence in TCF, but a...
MINNEAPOLIS, Sep 17, 2001 /PRNewswire/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 6.50 percent to 6.00
percent, effective September 17, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
...
MINNEAPOLIS, Aug 21, 2001 /PRNewswire/ -- TCF National Bank, a
subsidiary of TCF Financial Corporation (NYSE: TCB), will lower its commercial
base rate (sometimes referred to as prime rate) from 6.75 percent to 6.50
percent, effective August 22, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
...
WAYZATA, Minn., Aug. 13 /PRNewswire/ --
TCF Financial Corporation (NYSE: TCB) (TCF) announced today the launching
of its new service, "TCF Totally Free Online." The free service provides
basic online banking services to TCF customers with Internet access. "TCF
Totally Free Online" is secure, easy and convenient to use; no sign-up is
required and customers can access the system using just their retail deposit
account number and existing secret code.
"This ...
MINNEAPOLIS, Aug 7, 2001 /PRNewswire/ -- TCF Financial Corporation
(NYSE: TCB) (TCF) today announced that Thomas A. Cusick, Vice Chairman and Chief
Operating Officer, will retire from the company effective January 2, 2003.
Cusick currently is responsible for TCF's bank services and finance and
accounting divisions, as well as TCF Mortgage Corporation and TCF Investments
and Insurance. He was elected to the Board of Directors of TCF Financial
Corporation in 1988 and will remain on the Bo...
WAYZATA, Minn., July 24 /PRNewswire/ --
The Board of Directors of TCF Financial Corporation (NYSE: TCB) (TCF) has
declared its regular quarterly cash dividend of 25 cents per common share,
payable August 31 to shareholders of record at the close of business on
August 3. At June 30, 2001, there were 78.2 million common shares outstanding
listed on the New York Stock Exchange under the symbol TCB.
TCF is a Minnesota-based national financial holding company wi...
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WAYZATA, Minn., July 18 /PRNewswire/ --
TCF Financial Corporation (NYSE: TCB) (TCF) today reported record diluted
earnings per share of 67 cents for the 2001 second quarter, up 14 percent from
59 cents for the same period in 2000 (2000 second quarter results included a
$2.4 million after-tax gain on sale of branches, or 3 cents per diluted common
share). Diluted cash earnings per common share was 70 cents per share for the
200...
WAYZATA, Minn., Jul 3, 2001 /PRNewswire/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) is hosting a teleconference to discuss its second
quarter financial results on Wednesday, July 18, 2001 at 10:00 a.m. CDT. TCF
Chairman and Chief Executive Officer, William A. Cooper, is hosting the
teleconference and will be joined by other TCF executives. If you would like to
listen to TCF's live teleconference, please dial 212-346-6505. To listen to the
replay of TCF's teleconference, please dial 800...
MINNEAPOLIS, June 27 /PRNewswire/ -- TCF National Bank, a subsidiary of
TCF Financial Corporation (NYSE: TCB), will lower its commercial base rate
(sometimes referred to as prime rate) from 7.00 percent to 6.75 percent,
effective June 28, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, 952-745-2755, or Patricia L. Quaal,
952-745-2758, both of TCF Financial Corporation/
...
WAYZATA, Minn., Jun 14, 2001 /PRNewswire/ -- The University of
Michigan and TCF Financial Corporation (NYSE: TCB) (TCF) announced today that
TCF National Bank has been designated as the official financial service provider
to the campus card program (the "Mcard") at the University of Michigan.
"This is a tremendous honor for us and a great business opportunity with over
64,000 prospective customers. TCF was chosen because of our deep experience in
campus card programs across the country,...
WAYZATA, Minn., Jun 8, 2001 /PRNewswire/ -- TCF Financial
Corporation (NYSE: TCB) (TCF) today announced the opening of its discount
brokerage service, "TCF Express Trade."
"This low-cost, convenient service is one more reason to bank with TCF," said
Brian J. Hurd, TCF Express Trade, Inc. President. "TCF Express Trade customers
can place stock orders with the assistance of a registered broker for a flat fee
of only $30 on market orders up to 5,000 shares. Trades over 5,000 shares cost
a...
MINNETONKA, May 21 /PRNewswire/ -- TCF Leasing, Inc. today announced that
Peter King has joined TCF Leasing, Inc., as a Vice President, Specialty
Markets, Motorcoach Division. TCF Leasing, Inc., is a national general
equipment finance company with a focus on middle market companies, truck,
trailer and specialty vehicle finance, lease discounting and syndications.
Peter King comes to TCF Leasing, Inc., after 14 years with GE Capital in
the Commercial Transportation Gr...
MINNEAPOLIS, May 15 /PRNewswire/ --
TCF National Bank, a subsidiary of TCF Financial Corporation (NYSE: TCB),
will lower its commercial base rate (sometimes referred to as prime rate) from
7.50 percent to 7.00 percent, effective May 16, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, 952-745-2755, Patricia L. Quaal, 952-745-2758,
both for TCF Financial Corporation/
...
WAYZATA, Minn., May 9 /PRNewswire/ --
TCF Financial Corporation (NYSE: TCB) (TCF) announced today that TCF
common stockholders at the annual meeting elected four directors.
TCF is a Minnesota-based national financial holding company with
$11.8 billion in assets. TCF has more than 350 banking offices in Minnesota,
Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates
provide leasing, mortgage banking, and investments and insurance sales....
WAYZATA, Minn., April 30 /PRNewswire/ --TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 25 cents per common share, payable May 31 to
shareholders of record at the close of business on May 11.
At March 31, 2001,
there were 78.9 million common shares outstanding listed on the New York Stock
Exchange under the symbol TCB. TCF is a Minnesota-based national financial holding company with
$11.8 billion in assets.
TCF has more than 350 banking offi...
WAYZATA, Minn., April 30 /PRNewswire/ --TCF Financial Corporation (TCF) (NYSE: TCB) announced today that its board
of directors has authorized a new program for the company to acquire up to
5 percent of TCF common stock, or approximately 3.9 million shares.
The
shares will be acquired from time to time, depending upon market conditions,
through open market or privately negotiated transactions. TCF has nearly completed its current 5 percent stock repurchase program,
authorized by the board ...
MINNEAPOLIS, April 18, 2001 - TCF National Bank, a subsidiary of TCF Financial Corporation (NYSE:TCB), will lower its commercial base rate (sometimes referred to as prime rate) from 8.00 percent to 7.50 percent, effective April 19, 2001.
# # #
...
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WAYZATA, Minn., April 18 /PRNewswire/ --
FIRST QUARTER HIGHLIGHTS Diluted earnings per share of 62 cents, up 22 percent Top-line revenue increased 10 percent Fee income increased 14 percent Increased Power Assets by 22 percent Supermarket deposits and consumer loans up 22 percent Increased retail checking accounts by 31,000 to 1,162,000 in the quarter
Non-performing assets unchanged from year-end 2000 Net charge-offs of .05 % of average loans an...
MINNETONKA, Minn., April 11 /PRNewswire/ -- TCF Leasing, Inc. today
announced that Chuck Sell and Mark Paetznick have joined TCF Leasing, Inc.
TCF Leasing, Inc. is a general equipment finance company with a focus on
middle market companies, truck and trailer finance, lease discounting and
syndications.
Chuck Sell joins TCF Leasing, Inc. after 15 years with Norwest/Wells Fargo
Equipment Finance and has been appointed Senior Vice President and National
Sales Manage...
WAYZATA, Minn., April 3 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) is hosting a teleconference to
discuss its first quarter financial results on Wednesday, April 18, 2001 at
10:00 a.m. CDT. TCF Chairman and Chief Executive Officer, William A. Cooper,
is hosting the teleconference and will be joined by other TCF executives. If
you would like to listen to TCF's live teleconference, please dial
212-346-7478. To listen to the replay of TCF's teleco...
MINNEAPOLIS, Feb. 27 /PRNewswire/ --
TCF Financial Corporation (NYSE: TCB) (TCF), a Wayzata, Minn.-based
national financial services holding company with $11.2 billion in assets,
today announced its annual meeting of shareholders to be held on Wednesday,
May 9, at 10:30 a.m., CDT, at the Ramada Plaza Hotel, 12201 Ridgedale Drive,
Minnetonka, Minn. The only proposal for action by shareholders is the
election of four directors. Holders of record of TCF common stoc...
MINNETONKA, Minn., Feb. 22 /PRNewswire/ -- TCF Leasing, Inc. today
announced that WINR Business Credit, its small ticket leasing division, has
changed its name to TCF Express Leasing. TCF Express Leasing provides lease
financing to small and mid-size companies through programs with vendors,
manufacturers, distributors and franchise organizations that are acquiring
business equipment and technology.
"Our new name, TCF Express Leasing, more clearly defines our busi...
MINNEAPOLIS, Jan. 31 /PRNewswire/ --
TCF National Bank, a subsidiary of TCF Financial Corporation (NYSE: TCB),
will lower its commercial base rate (sometimes referred to as prime rate) from
9.00 percent to 8.50 percent, effective February 1, 2001.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, 952-745-2755, or Patricia L. Quaal,
952-745-2758, both of TCF Financial Corporation/
...
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FOURTH QUARTER HIGHLIGHTS
Record diluted earnings per share of $0.66, up 20 percent.
Record net income of $52.2 million.
Top-line revenue increased 10 percent; fee income up 18 percent
2000 YEAR-END HIGHLIGHTS
Record diluted earnings per share of $2.35, up 17.5 percent.
Record net income of $186.2 million.
Board declares quarterly dividend increase to 25 cents per share.
Top-line revenue increased 9 percent; fee income ...
MINNETONKA, Minn., Jan. 15 /PRNewswire/ -- TCF Leasing, Inc. today
announced that it recently acquired First Commercial Capital Corp (FCCC) of
Eden Prairie, Minn. FCCC is a leasing and equipment financing company that
generated $20 million in lease originations in 2000. Terms of the acquisition
were not announced.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010115/MNM010 )
As a result of the acquisition, Bill Henak, President of FCCC, will join
TCF...
MINNEAPOLIS, Jan. 2 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) is hosting a teleconference to
discuss its year-end and fourth-quarter financial results on Wednesday,
January 17 at 10:00 a.m. CST. TCF Chairman and Chief Executive Officer
William A. Cooper is hosting the teleconference and will be joined by other
TCF executives. If you would like to listen to TCF's live teleconference,
please dial 212-748-2795. To listen to the replay of TCF's te...
MINNEAPOLIS, Oct. 23 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 21.25 cents per common share, payable Nov. 30 to
shareholders of record at the close of business on Nov. 3. At Sept. 30, 2000,
there were 80.4 million TCF common shares outstanding, listed on the New York
Stock Exchange under the symbol TCB.
TCF is an $11 billion national bank holding company based in Minneapolis
with ban...
TCF FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per-share data)
(Unaudited)
Three Months Ended Nine Months Ended
September 30, September 30,
2000 1999 2000 1999
Interest income:
Loans and leases $179,243 ...
MINNEAPOLIS, Oct. 4 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) is hosting a teleconference to
discuss its third-quarter financial results on Wednesday, October 18 at
10:00 a.m. CDT. TCF Chairman and Chief Executive Officer William A. Cooper
are hosting the teleconference and will be joined by other TCF executives. If
you would like to listen to TCF's live teleconference, please dial
212-346-6554. To listen to the replay of TCF's teleconference,...
MINNEAPOLIS, Sept. 6 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB), announced today that its 212
supermarket branches have topped $1 billion in retail deposits. TCF also
announced that deposit accounts at its supermarket branches have grown to
635,000 accounts, including 415,000 checking accounts. TCF has opened 162
supermarket branches over the last three years, creating the fourth largest
supermarket branch network in the U.S. TCF has opened 19 ...
TCF FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per-share data)
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
Interest income:
...
MINNEAPOLIS, July 19 /PRNewswire/ --
SECOND-QUARTER HIGHLIGHTS
Record diluted earnings per share of 59 cents, up 20 percent
Net interest margin increased 6 basis points from the first quarter
Increased Power Assets(R) by $388.4 million, or 10 percent, from
year-end 1999
Average checking accounts reached $2 billion, up $99.3 million from the
first quarter
Total revenue increased 8 percent; fee in...
MINNEAPOLIS, July 17 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular
quarterly cash dividend of 21.25 cents per common share, payable Aug. 31 to
shareholders of record at the close of business on Aug. 4. At June 30, 2000,
there were 80.3 million TCF common shares outstanding, listed on the New York
Stock Exchange under the symbol TCB.
TCF is a $10.9 billion national bank holding company based in Minneapolis
with banking ...
MINNEAPOLIS, July 6 /PRNewswire/ --
TCF Financial Corporation (NYSE: TCB)(TCF) is hosting a teleconference to
discuss its second-quarter financial results on Wednesday, July 19 at
10:00 a.m. CDT. TCF Chairman and Chief Executive Officer William A. Cooper is
hosting the teleconference and will be joined by other TCF executives. If you
would like to listen to TCF's live teleconference, please dial 212-676-5380.
To listen to the replay of TCF's teleconference, please di...
MINNEAPOLIS, May 16 /PRNewswire/ -- TCF National Bank, a subsidiary of
TCF Financial Corporation (NYSE: TCB), raised its commercial base rate
(sometimes referred to as prime rate) from 9.00 percent to 9.50 percent,
effective May 17.
SOURCE TCF Financial Corporation
CONTACT: Jason Korstange, Corporate Communications of TCF Financial
Corporation, 952-745-2755/
...
MINNEAPOLIS, May 10 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) announced today that at the
annual meeting TCF common stockholders elected five directors and approved the
other proposals submitted at the meeting.
TCF is a $10.8 billion national bank holding company with banking offices
in Minnesota, Illinois, Michigan, Wisconsin, and Colorado. Other TCF
affiliates provide leasing, mortgage banking, and annuity and mutual fund
sales.
SOURCE ...
TCF FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per-share data)
(Unaudited)
Three Months Ended
March 31,
2000 1999
Interest income:
Loans and leases ...
MINNEAPOLIS, April 19 /PRNewswire/ --
FIRST-QUARTER HIGHLIGHTS
Diluted earnings per share of 51 cents, up 16 percent
Increased Power Assets(R) by $182.8 million and Power Liabilities(R)
by $238.4 million
Increased retail checking accounts by 26,000 accounts to 1,071,000
Opened nine new bank branches
Fee income increased 14 percent
Net loan and lease recoveries of $30 thousand
Increased quarterly cash dividend 13 percent to 21....
MINNEAPOLIS, April 14 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) is hosting a teleconference to
discuss its first-quarter financial results on Wednesday, April 19 at
10:00 a.m. CDT. TCF Chairman and Chief Executive Officer William A. Cooper is
hosting the teleconference and will be joined by other TCF executives. If you
would like to listen to TCF's live teleconference, please dial (212) 896-6077.
To listen to the replay of TCF's teleconference, please dial (8...
MINNEAPOLIS, March 8 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) announced today that its board of
directors has authorized a new program for the company to acquire up to
5 percent of TCF common stock, or approximately 4.1 million shares. The
shares will be acquired from time to time, depending upon market conditions,
through open market or privately negotiated transactions.
TCF has completed its current 5 percent stock repurchase program,
authorized ...
MINNEAPOLIS, March 1 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB), a $10.7 billion national bank
holding company based in Minneapolis, today announced that its annual meeting
of shareholders will be held on Wednesday, May 10, at 10:30 a.m., CDT, at the
Hyatt Regency Hotel, 1300 Nicollet Mall, Minneapolis. Proposals for
shareholders include election of five directors and approval of an increase in
the shares authorized for awards under the stock option plan as we...
MINNEAPOLIS, Feb. 3 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) announced it is launching the TCF
Express Phone Card, a loyalty and reward program exclusively for users of the
free TCF Check Card.
Most bank card loyalty programs are connected to credit
cards with high annual fees.
TCF is taking a unique departure from this
approach with the introduction of a rewards program for their debit card --
The TCF Check Card. This innovative new program allows TCF customers to ...
MINNEAPOLIS, Feb. 2 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB) raised its commercial
base rate (sometimes referred to as prime rate) from 8.50 percent to
8.75 percent, effective February 3.
...
MINNEAPOLIS, Jan. 24 /PRNewswire/ --
TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular quarterly
cash dividend of 18.75 cents per common share, payable Feb. 29 to shareholders
of record at the close of business on Feb 4.
At December 31, 1999, there were
81.9 million TCF common shares outstanding, listed on the New York Stock
Exchange under the symbol TCB. TCF is a $10.7 billion national bank holding company with banking offices
in Minnesota, Illinois, Michigan, Wisco...
MINNEAPOLIS, Jan. 18 /PRNewswire/ --
1999 HIGHLIGHTS Record net income of $166 million Record diluted earnings per share of $2.00, up 14 percent Increased Power Assets® by $826.4 million Increased retail checking accounts to 1,044,000, up 14 percent Opened 35 new bank branches Grew fee income 12 percent
EARNINGS SUMMARY
($ in thousands, except Three Months Year
per-share data) Ended Dec. ...
MINNEAPOLIS, Nov. 16 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB) raised its commercial
base rate (sometimes referred to as prime rate) from 8.25 percent to
8.50 percent, effective November 17.
...
PITTSBURGH, Nov. 12 /PRNewswire/ -- General American Corp. (GAC) one of
the nation's largest managed-service firms providing real-estate settlement
services to the mortgage-banking industry, announced it has reached a
definitive agreement to purchase North Star Title, Inc. and North Star Real
Estate Services, Inc., both wholly owned subsidiaries of Minneapolis-based TCF
Financial Corp. (TCF) (NYSE: TCB). In addition, GAC and TCF announced a strategic alliance in which GAC will
provide v...
MINNEAPOLIS, Nov. 8 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) today announced it has reached a definitive agreement to sell
North Star Title, Inc. and North Star Real Estate Services, Inc., wholly-owned
subsidiaries of TCF, to General American Corporation (GAC). TCF and GAC are
also announcing a strategic alliance in which GAC will provide various title
and real estate settlement services to TCF.
"I look forward to developing a strategic alliance with GAC," said TCF...
MINNEAPOLIS, Nov. 1 /PRNewswire/ -- TCF Financial Corporation (NYSE: TCB)
(TCF) today announced the filing of a request with the Office of the
Comptroller of the Currency to merge four of its existing bank charters into
one national bank charter based in Minnesota. "The consolidation of our bank
charters located in Minnesota, Illinois, Wisconsin and Michigan will not
change our traditional community banking focus as TCF remains committed to its
banking regions and we will continue to rely...
MINNEAPOLIS, Oct. 25 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) has declared its regular quarterly cash dividend of 18.75 cents
per common share, payable Nov. 30 to shareholders of record at the close of
business on Nov. 5. At September 30, 1999, there were 82.8 million TCF common
shares outstanding, listed on the New York Stock Exchange under the symbol
TCB.
TCF is a $10.3 billion national bank holding company based in Minneapolis.
TCF's banks are based in Minnesot...
QUARTERLY HIGHLIGHTS
-- Record net income and diluted earnings per common share
-- Increased Power Assets(R) by $230 million
-- Opened one millionth retail checking account
-- Opened fifteen branches
-- Liquidated substantially all of remaining consumer finance automobile
portfolio
EARNINGS SUMMARY Three Months Nine Months
($ in thousands,
except per-share data) Ended Sept. 30, Ended Sept. 3...
MINNEAPOLIS, Sept. 9 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today that it has agreed to sell substantially all of
its remaining sub-prime indirect automobile loan portfolio and the related
closing of its Florida collection center.
"Net charge-offs in TCF's sub-prime automobile loan portfolio represented
almost 90 percent of TCF's net charge-offs in the first half of 1999," said
TCF Chairman and Chief Executive Officer William A. Cooper. "I am pleased
w...
MINNEAPOLIS, Sept. 7 /PRNewswire/ -- As part of a concentrated effort to
expand its convenience and accessibility in the Twin Cities metropolitan area,
TCF National Bank Minnesota officials announced the opening of its newest Cub
Foods branch, the fourth such branch to open since July 1.
The latest branch, located on Rockford Road in Plymouth, is part of a
systematic effort by TCF to increase its convenience-oriented distribution
system in suburban communities where Cub Foods is locat...
MINNEAPOLIS, Aug. 25 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB), raised its commercial
base rate (sometimes referred to as prime rate) from 8.00 percent to 8.25
percent, effective August 25.
...
MINNEAPOLIS, Aug. 16 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) is celebrating the opening of its one millionth retail checking
account. "This is a very significant accomplishment for a $10.3 billion
bank," said TCF Chairman and Chief Executive Officer William A. Cooper. "When
we compare this milestone to our industry peers we clearly are way ahead of
the pack. Over the last two and a half years, we have increased the number of
checking accounts by 50 percent."
TCF...
MINNEAPOLIS, July 26 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today it has completed its Y2K renovation and testing of
its primary customer service computer systems. Included are: delivery
systems for operating branches, the processing of all customer transactions
including direct deposits of social security checks, ATM withdrawals and
deposits, debit card activity, voice response systems and all teller
transactions. TCF also reviewed all of its mortgage, co...
MINNEAPOLIS, July 19 /PRNewswire/ --
EARNINGS SUMMARY
($ in thousands, Three Months Six Months
except per-share data) Ended June 30, Ended June 30,
1999 1998 1999 1998
Net income $40,989 $40,200 $78,329 $80,094
Diluted earnings per
common share .49 .45 .94 .88
Basic earnings per common...
MINNEAPOLIS, July 19 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) has declared its regular quarterly cash dividend of 18.75 cents
per common share, payable Aug. 31 to shareholders of record at the close of
business on Aug. 6. At June 30, 1999, there were 83.4 million TCF common
shares outstanding, listed on the New York Stock Exchange under the symbol
TCB.
TCF is a $10.3 billion national bank holding company based in Minneapolis.
TCF's banks are based in Minnesota, Il...
MINNEAPOLIS, June 30 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB), raised its commercial
base rate (sometimes referred to as prime rate) from 7.75 percent to 8.00
percent, effective July 1....
MINNEAPOLIS, May 12 /PRNewswire/ -- TCF Financial Corporation (NYSE: TCB)
(TCF) today announced the election of Craig Dahl as Executive Vice President
for TCF Financial Corporation. Mr. Dahl will assume primary responsibility
for TCF's leasing and equipment financing operations. Dahl will report to
Lynn A. Nagorske, TCF Financial Corporation's President.
Dahl joins TCF after a twenty-two year career with Norwest. Dahl held
several senior management positions at Norwest Equipment Fi...
MINNEAPOLIS, May 11 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today that TCF common stockholders at the annual meeting
elected four directors, approved an amendment to the TCF performance-based
compensation policy for covered executive officers and re-approved the policy,
and its board of directors adopted a shareholder rights plan that will replace
an existing plan when it expires on June 9, 1999. The new plan is similar to
the expiring plan.
TCF is a $...
MINNEAPOLIS, April 27 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today that it has increased the regular quarterly cash
dividend on TCF common stock 15 percent to 18.75 cents per share from 16.25
cents per share. The dividend is payable May 28 to shareholders of record at
the close of business on May 7.
"Our board of directors considered this dividend increase in line with
TCF's continued core earnings growth and strong capital position," said
William A. C...
MINNEAPOLIS, April 27 /PRNewswire/ -- TCF National Bank Minnesota (TCF
Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB) has opened
its 33rd Cub Foods' branch, inside the new Knollwood Cub store. The new branch
is located at 3620 Texas Avenue South, at the east end of the Knollwood Mall.
"We're pleased to be in our 33rd Minnesota venture with Cub Foods," noted
TCF Bank Director of In-Store Banking Erin Raden. "Our customers enjoy the
flexibility of being able to bank ...
MINNEAPOLIS, April 19 /PRNewswire/ --
EARNINGS SUMMARY Three Months
($ in thousands, except per-share data) Ended March 31,
1999 1998
Net income $37,340 $39,894
Diluted earnings per common share .44 .43
Basic earnings per common share .45 .44
...
MINNEAPOLIS, April 14 /PRNewswire/ -- TCF National Bank Minnesota has
recently established a Business Banking unit which will significantly increase
its ability to serve the small to mid-sized business customer. Larry Kraning,
Vice President, will manage the unit and will be joined by two lending
professionals, Kathleen O'Brien, Vice President, and Judith Weeks, Vice
President.
Kraning joins TCF from Firstar Bank where he served for 6 years, most
recently as Vice President, Business...
MINNEAPOLIS, March 2 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB), a $10.2 billion national bank holding company based in
Minneapolis, today announced that its annual meeting of shareholders will be
held on Tuesday, May 11, at 10:30 a.m., CDT, at the Minneapolis Marriott City
Center Hotel, 30 South Seventh Street, Minneapolis. Proposals for
shareholders include election of four directors and approval of an amendment
to the TCF performance-based compensation policy for cover...
MINNEAPOLIS, Jan. 25 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) has declared its regular quarterly cash dividend of 16.25 cents
per common share, payable Feb. 26 to shareholders of record at the close of
business on Feb. 5. At Dec. 31, 1998, there were 85.6 million TCF common
shares outstanding, listed on the New York Stock Exchange under the symbol
TCB.
TCF is a $10.2 billion national bank holding company based in Minneapolis.
TCF's banks are based in Minnesota, Il...
EARNINGS SUMMARY Three Months Year
($ in thousands, Ended Dec. 31, Ended Dec. 31,
except per-share data) 1998 1997 1998 1997
Net income $39,504 $39,889 $156,179 $145,061
Diluted earnings per common share .46 .43 1.76 1.69
Basic earnings per common share .47 .44 1.77 1.72
Dividends declared per co...
MINNEAPOLIS, Dec. 18 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today a restructuring of its consumer finance company
operations that includes the discontinuation of indirect auto lending, the
consolidation of offices and a focus on home equity lending. Approximately
half of TCF's $475 million consumer finance loan portfolio was comprised of
auto loans at Sept. 30.
"Our consumer lending operations remain focused on generating home equity
loans, where TCF h...
MINNEAPOLIS, Dec. 16 /PRNewswire/ -- TCF National Bank Minnesota (TCF
Bank) today announced the opening of its 100,000th account within the
supermarket branches of Cub Foods. Since the inception of this partnership
with Cub Foods ten years ago, TCF Bank has opened 32 branches around Minnesota
inside the supermarkets.
"Our success in the supermarket branches can be attributed to our strong
sales staff and relationship with Cub Foods," said Vice President of In-store
Banking Erin Raden...
MINNEAPOLIS, Dec. 15 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) announced today that its board of directors has authorized a new
program for the company to acquire up to 5 percent of TCF common stock, or
approximately 4.3 million shares. The shares will be acquired from time to
time, depending upon market conditions, through open market or privately
negotiated transactions.
TCF has approximately 2 million shares remaining in its current 5 percent
stock repurchase pro...
MINNEAPOLIS, Dec. 2 /PRNewswire/ -- TCF National Bank Minnesota
(TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB),
announced today that it will open a branch Friday, Dec. 4 in Monticello. The
new TCF Bank branch is located inside the Cub Foods store at 216 Seventh
Street West. The grand opening will run through Dec. 14.
TCF Bank recently celebrated its tenth anniversary of supermarket banking
with Cub Foods, noted TCF Bank Vice President of In-Store Banking Erin...
MINNEAPOLIS, Nov. 20 /PRNewswire/ -- TCF National Bank Minnesota
(TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB),
announced today that it will relocate its Lake Street branch in South
Minneapolis effective Nov. 23. The new location will be six blocks east at
3118 East Lake Street next to McDonald's.
"We are proud to be extending our hours and services in the South
Minneapolis area," said TCF Bank Executive Vice President of Retail Banking
Sara Evers. "The new ...
MINNEAPOLIS, Nov. 18 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB), lowered its commercial
base rate (sometimes referred to as prime rate) from 8.00 percent to
7.75 percent, effective today. The rate was last changed Oct. 16 when it was
lowered from 8.25 percent to 8.00 percent.
...
MINNEAPOLIS, Oct. 19 /PRNewswire/ -- TCF Financial Corporation (TCF)
(NYSE: TCB) has declared its regular quarterly cash dividend of 16.25 cents
per common share, payable Nov. 30 to shareholders of record at the close of
business on Nov. 6. At Sept. 30, there were 87.4 million TCF common shares
outstanding, listed on the New York Stock Exchange under the symbol TCB.
TCF is a $9.9 billion national bank holding company based in Minneapolis.
TCF's banks are based in Minnesota, Illinois,...
EARNINGS SUMMARY Three Months Nine Months
($ in thousands, except Ended Sept. 30, Ended Sept. 30,
per-share data) 1998 1997 1998 1997
Net income $36,581 $37,210 $116,675 $105,172
Diluted earnings per
common share .42 .43 1.30 1.25
Basic earnings per
common share .42 ...
MINNEAPOLIS, Oct. 16 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB), lowered its commercial
base rate (sometimes referred to as prime rate) from 8.25 percent to 8.00
percent, effective today. The rate was last changed Sept. 30 when it was
lowered from 8.50 percent to 8.25 percent....
MINNEAPOLIS, Oct. 15 /PRNewswire/ -- TCF National Bank Minnesota (TCF
Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), announced
today that it will open a branch tomorrow in Shakopee. The new TCF Bank branch
is located inside the Cub Foods store at 1198 Vierling Drive. The grand
opening will run from October 16 - 25, 1998.
"This marks the opening of our 31st branch inside Cub Foods," said TCF
Bank Executive Vice President of Retail Banking Sara Evers. "Our customers...
MINNEAPOLIS, Sept. 30 /PRNewswire/ -- TCF National Bank Minnesota, a
subsidiary of TCF Financial Corporation (NYSE: TCB), lowered its commercial
base rate (sometimes referred to as prime rate) from 8.50 percent to
8.25 percent, effective September 30.
...
The information that is on or available through this site speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. TCF Financial Corporation does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.