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Press Release

TCF Bank Announces the “$100 Free Cash” Campaign

Company Release - 5/16/2011 3:41 PM ET

New TCF customers will receive $100 for opening a checking account with qualifying transactions.

WAYZATA, Minn.--(BUSINESS WIRE)-- Effective immediately, all new and eligible customers will receive $100 free cash for opening a checking account with qualifying transactions.

TCF Bank is known for easy and convenient banking by having extended business hours, branches open 7 days a week including most holidays, and offering services inside select Jewel-Osco locations. “TCF is taking service one step further by rewarding customers for opening a new TCF checking account,” says Mark Jeter, Managing Director of Branch Banking. “With the $100 Free Cash campaign, and a no minimum balance checking account, we’re letting customers know we value and appreciate them.” TCF accounts have many other benefits as well including free mobile and online banking, free coin counting and free online statements.

“In today’s economy, TCF understands the importance of providing affordable products and services,” continues Jeter. “Therefore we offer no minimum balance checking accounts that allow you to avoid monthly maintenance fees, such as the TCF Convenience Checking account. We challenge you to compare your current checking account to TCF Convenience Checking. You’ll find we have the best and most affordable options available.”

To take advantage of the $100 Free Cash promotion, consumers should visit any neighborhood traditional or in-store TCF Bank location or open an account online at tcfbank.com.

TCF Bank is a subsidiary of TCF Financial Corporation (NYSE: TCB), a Wayzata, Minnesota-based national bank holding company with $18.7 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 and commercial inventory finance business in the U.S. and Canada. For more information about TCF, please visit www.tcfbank.com.

There are no monthly maintenance fees for TCF Convenience Checking if you meet minimum transaction requirements or minimum household balance requirements. Other account fees apply, such as for check printing/shipping/handling, overdrafts and returned items (NSFs), dormant accounts, and optional services. Talk to a TCF Representative or see your account contract for more information.

Source: TCF Financial Corporation

Contact:

TCF Financial Corporation, Wayzata

Jason Korstange, 952-745-2755

www.tcfbank.com

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