TCF Financial Related Content

Chemical Financial, TCF Announce Post-Merger Executive Appointments

Chemical Financial and TCF Financial plan on making several new executive leadership appointments for the combined company after closing their merger of equals. read more

Chemical Financial and TCF Financial to Merge

Chemical Financial and TCF Financial signed a definitive agreement under which TCF will merge into Chemical in an all-stock merger of equals transaction. The combined company will operate under the TCF name. read more

TCF Reports Q4/2018 Net Income of $85.7MM, Annual Income of $304.4MM

TCF Financial reported net income of $85.7 million for the fourth quarter of 2018, compared with $101.4 million for the fourth quarter of 2017 and $86.2 million for the third quarter of 2018. read more

TCF Reports Q3 Earnings up 42.5% on Higher Revenue, Lower Losses

TCF’s reported Q3/18 net income was $86.2 million, up 42.4% from $60.5 million a year earlier. The bank noted revenue was up 6.5% and credit losses were down 84.4% from the same quarter one year-ago. read more

TCF Q2 Earnings Hurt by BCFP Charge; Leasing Benefits from Purchase

TCF Financial reported Q2/18 earnings were down as result of a $32 million pre-tax charge with the BCFP. TCF also noted an equipment finance portfolio increase that resulted from a portfolio purchase in Q3/17. read more

TCF Q1 Earnings Up 59.4%, Helped by Equipment Finance Income

TCF Financial reported net income of $73.8 million in Q1/18 was up 59.4% from $46.3 million in Q1/17. TCF noted non-interest income from leasing and equipment finance was up 47.9% compared to the same quarter in 2017. read more

TCF Indirect Subsidiary & 6fusion Launch Pay-As-You-Go IT Program

6fusion and Winthrop Resources, a division of TCF Bank and an indirect subsidiary of TCF Financial, launched a program allowing companies to rapidly switch their IT investments to true pay-as-you-go consumption. read more

TCF Halts Indirect Auto Originations, Will Take $92MM A/T Charge

TCF Financial will discontinue all indirect auto loan originations, effective December 1, 2017. TCF expects to recognize after-tax charges of about $92 million in Q4/17 as a result of the decision. read more

TCF Capital Funding Provides $24MM Owen Equipment Recapitalization

TCF Capital Funding provided $24 million in secured financing to support Prospect Partners in a dividend recapitalization of Owen Equipment. read more

Craig Dahl Named Chairman of TCF Financial Board of Directors

The Board of Directors of TCF Financial has elected Craig R. Dahl, TCF’s president and CEO, to the additional role of chairman of the board, effective immediately. read more

TCF Financial Indirect Subsidiary Announces Executive Leadership Changes

Gateway One Lending & Finance appointed Todd A. Pierson as president and Andrew B. Sturm as executive vice president and chief operating officer. read more

Former TCF CEO Cooper Passes Away at 73

William A. Cooper, the former CEO and current executive chairman of TCF Financial, passed away earlier this week. He was 73 years old. read more

TCF FY Earnings Up on Higher Revenue, Originations Up 10.3%

TCF reported 2016 net income of $212.1 million was up 7.6% from a year earlier. TCF noted 2016 loan and lease originations of $16.8 billion were up 10.3% from the previous year. read more

TCF Financial Indirect Subsidiary Enters eContracting Partnership

Gateway One Lending & Finance entered into a partnership with RouteOne to bring indirect auto financing platform and eContracting solutions to Gateway One’s network of more than 12,500 dealers in the U.S. read more

TCF Financial Names Adams Director of Corporate Development & Strategy

Brad Adams, formerly of Talmer Bancorp, joined TCF Financial as executive vice president and director of corporate development and strategy. read more

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