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TCF Declares Regular Quarterly Cash Dividend of 23 Cents Per Common Share (Up 8 Percent)

Company Release - 1/17/2006 9:57 AM ET

WAYZATA, Minn., Jan. 17 /PRNewswire-FirstCall/ -- The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB) is pleased to announce, for the fifteenth consecutive year, an increase in the regular quarterly cash dividend to 23 cents per common share. This represents an 8 percent increase over the 2005 quarterly dividend of 21.25 cents per common share. The dividend is payable February 28, 2006 to common shareholders of record at the close of business on January 27, 2006. At December 31, 2005, there were 133.8 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 $12.7 billion in assets. TCF has 442 banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates provide leasing and equipment finance, securities brokerage, and investments and insurance sales.

SOURCE  TCF Financial Corporation
    -0-                             01/17/2006
    /CONTACT:  Jason Korstange of TCF Financial Corporation, +1-952-745-2755/
    /Company News On-Call:  http://www.prnewswire.com/comp/840750.html/
    /Web site:  http://www.TCFExpress.com /
    (TCB)

CO:  TCF Financial Corporation
ST:  Minnesota, Colorado
IN:  FIN
SU:  DIV

JK-SH
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4095 01/17/2006 09:57 EST http://www.prnewswire.com

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