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TCF Declares Regular Quarterly Cash Dividend of 32.5 Cents Per Common Share

Company Release - 7/21/2003 5:27 PM ET

WAYZATA, Minn., July 21 /PRNewswire-FirstCall/ -- The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB) has declared its regular quarterly cash dividend of 32.5 cents per common share, payable August 29th to shareholders of record at the close of business on August 1st. At June 30, 2003, there were 71.6 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.

TCF is a Wayzata, Minnesota-based national financial holding company with $11.8 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-                             07/21/2003
    /CONTACT:  Jason Korstange, +1-952-745-2755, or Patricia L. Quaal,
+1-952-745-2758, both of TCF Financial Corporation
/
    /Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/840750.html/
    /Web site:  http://www.tcfexpress.com /
    (TCB)

CO:  TCF Financial Corporation

ST:  Minnesota
IN:  FIN
SU:  DIV



HL-JK 
-- CGM037 --
1992 07/21/2003 17:27 EDT http://www.prnewswire.com

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