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TCF Financial Corporation Appoints William Henak as President of TCF Equipment Finance

Company Release - 7/28/2011 5:05 PM ET

WAYZATA, Minn.--(BUSINESS WIRE)-- TCF Financial Corporation (“TCF”) (NYSE: TCB) announced today the appointment of William Henak as President and Chief Operating Officer of TCF Equipment Finance, Inc. (“TCFEF”), an indirect subsidiary of TCF. Mr. Henak will oversee all business functions at TCFEF and will continue to report to Craig Dahl, Executive Vice President, Wholesale Banking of TCF. Mr. Dahl will continue in his capacity as Chairman of TCFEF.

TCF Equipment Finance President and Chief Operating Officer William Henak (Photo: TCF Financial Corporation)

Mr. Henak has over 26 years of experience in the equipment finance and leasing industry. He has been with TCFEF since 2000 serving as Executive Vice President and Chief Operating Officer since 2003. In that capacity he was responsible for all sales, operations, marketing, and strategic business development activities.

"Bill has an outstanding record of performance at TCF Equipment Finance and we have worked successfully together as a team over the past 11 years setting and executing the TCF Equipment Finance strategy,” said Mr. Dahl. “His industry experience and leadership will play an important role as TCF Equipment Finance continues to grow and develop as a company."

TCF is a Wayzata, Minnesota-based national bank holding company with $18.8 billion in total assets. TCF has 439 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6811481&lang=en

Source: TCF Financial Corporation

Contact:

TCF Financial Corporation, Wayzata

Jason Korstange, 952-745-2755

www.tcfbank.com

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