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Press Release

TCF Declares Quarterly Cash Dividends

Company Release - 7/21/2014 5:12 PM ET

WAYZATA, Minn.--(BUSINESS WIRE)-- The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE: TCB) declared quarterly cash dividends on TCF’s common shares, 7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B Non-Cumulative Perpetual Preferred Stock.

A quarterly cash dividend of $.05 per common share is payable on September 2, 2014 to stockholders of record at the close of business on August 15, 2014. At June 30, 2014, there were 166.9 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.

A quarterly cash dividend of $.46875 per depositary share is payable on September 2, 2014 to holders of record of the depositary shares, representing a 1/1,000th interest in a share of the 7.50% Series A Non-Cumulative Perpetual Preferred Stock, at the close of business on August 15, 2014.

A quarterly cash dividend of $.403125 per share is payable on September 2, 2014 to holders of record of the 6.45% Series B Non-Cumulative Perpetual Preferred Stock at the close of business on August 15, 2014.

About TCF Financial Corporation
TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2014, TCF had $18.8 billion in total assets and 381 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, 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 48 states. For more information about TCF, please visit http://ir.tcfbank.com.

TCF Financial Corporation, Wayzata
Investors:
Jason Korstange, 952-745-2755
[email protected]
or
Media:
Mark Goldman, 952-475-7050
[email protected]

Source: TCF Financial Corporation

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