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Press Release

Kyle Larsen Joins TCF Inventory Finance, Strengthening its Commitment to the Lawn and Garden Industry

Company Release - 3/4/2011 12:18 PM ET

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)-- TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National Bank, announced today that Kyle Larsen has joined TCFIF as a Vice President, National Relationship Manager for its lawn and garden industry business. This key addition further indicates and strengthens TCFIF’s commitment to the lawn and garden industry.

Kyle Larsen has over 33 years of inventory finance experience with an emphasis in the lawn and garden industry. “Kyle is a valuable addition to our team. He has been active in the lawn and garden industry for over 26 years, cultivating many strong manufacturer and distributor relationships in the industry,” said Ross Perrelli, President and CEO of TCFIF. “We are excited to have Kyle on our team.”

TCFIF is a premier inventory finance company offering a full range of inventory financing solutions to manufacturers and their distributors throughout the United States and Canada in the lawn and garden industry, the power sports industry, and the consumer electronics and household appliances industry. TCFIF originated approximately $2.5 billion of loans in 2010 to nearly 9,000 customers. TCFIF is an indirect subsidiary of TCF Financial Corporation (NYSE: TCB) (, a Wayzata, Minnesota-based bank holding company with $18.5 billion in total assets. TCF 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. For more information about TCFIF, please visit

Source: TCF Financial Corporation


TCF Financial Corporation, Wayzata

Jason Korstange, 952-745-2755

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