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 is a Wayzata, Minnesota-based national financial holding company with $17.5 billion in total assets. The company has 444 banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in the U.S. and Canada. For more information about TCF, please visit www.tcfbank.com.

Source: TCF Financial Corporation

TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com