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TCF Bank Offers New Choice, Continued Convenience for Customers

Company Release - 2/1/2012 5:34 PM ET

Checking Overdraft Options Announced

WAYZATA, Minn.--(BUSINESS WIRE)-- Beginning March 20th, TCF Bank will become the first bank to offer consumers a unique choice in overdraft services for their checking accounts. Going forward, both the traditional per-item fee structure offered across the industry for overdraft services as well as TCF Bank’s new daily fee alternative will be available at the customer’s choice. TCF Daily Overdraft ServiceSM will be available to consumers in its new TCF Choice CheckingSM account. Continuing with its commitment to convenience, innovation, and customer service, TCF Bank is introducing this two-product approach as a better way for banking to fit individual customer needs and lifestyles.

“We listened to our customers’ feedback and understand their financial needs are as individual as the lives they lead, which is why we’re offering these overdraft service options,” says Mark Jeter, Managing Director of Branch Banking. “Even if they have never overdrawn their checking account, we’re pleased to let customers know that they now have an option to help manage their finances should such an event arise.”

As always, TCF offers a number of additional ways to assist customers in managing their finances, including electronic alerts that can be received when balances are low and overdraft protection plans such as a link to a savings account.

TCF Bank is a subsidiary of TCF Financial Corporation (NYSE: TCB), a Wayzata, Minnesota-based national bank holding company with $19 billion in total assets at December 31, 2011. TCF has over 430 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, commercial inventory finance business in the U.S. and Canada, and indirect auto finance business in over 30 states. For more information about TCF, please visit www.tcfbank.com.

TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
www.tcfbank.com

Source: TCF Financial Corporation

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