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Press Release

TCF to Hold Its Annual Meeting on April 27, 2011

Company Release - 2/15/2011 9:22 AM ET

WAYZATA, Minn.--(BUSINESS WIRE)-- TCF Financial Corporation (“TCF”) (NYSE:TCB) today announced its annual meeting of stockholders will be held on Wednesday, April 27, 2011 at 10:00 a.m. CT at the Marriott Minneapolis West, 9960 Wayzata Boulevard, St. Louis Park, Minnesota. Proposals for action by stockholders include the election of fifteen Directors, approval of an increase in the number of authorized shares reserved for issuance under the TCF Employees Stock Purchase Plan, approval of revised and additional performance criteria under the TCF Performance-Based Compensation Policy, approval of revised and additional performance criteria under the TCF Financial Incentive Stock Program, approval of an Amended and Restated Certificate of Incorporation to eliminate supermajority voting requirements, an advisory vote on executive compensation, an advisory vote on the frequency of advisory stockholder voting on executive compensation, and an advisory vote on the Audit Committee’s choice of independent registered public accountants. Holders of record of TCF common stock at the close of business on February 28, 2011 will be eligible to vote at the annual meeting.

TCF is a Wayzata, Minnesota-based national bank holding company with $18.5 billion in total assets. The company has 442 branches 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

Contact:

TCF Financial Corporation, Wayzata

Jason Korstange, 952-745-2755

www.tcfbank.com

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