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Press Release

TCF Shareholders Approve Proposals at Annual Meeting

Company Release - 4/23/2003 12:21 PM ET

WAYZATA, Minn., April 23 /PRNewswire-FirstCall/ -- TCF Financial Corporation (TCF) (NYSE: TCB) announced today that TCF common stockholders at the annual meeting elected four directors and approved the appointment of KPMG LLP as independent public accountants for the fiscal year ending December 31, 2003.

TCF is a Minnesota-based national financial holding company with $12.1 billion in assets. TCF has more than 390 banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates provide leasing and equipment finance, mortgage banking, brokerage, and investments and insurance sales.

SOURCE  TCF Financial Corporation
    -0-                             04/23/2003
    /CONTACT:  Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation/
    /Company News On-Call: /
    /Web site: /

CO:  TCF Financial Corporation; KPMG LLP
ST:  Minnesota, Colorado

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