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Press Release

TCF Bank Raises Commercial Base Rate to 8.25% Effective June 29, 2006

Company Release - 6/29/2006 5:00 PM ET

WAYZATA, Minn.--(BUSINESS WIRE)--June 29, 2006--

TCF National Bank, a wholly-owned subsidiary of TCF Financial Corporation (NYSE:TCB), will raise its commercial base rate (sometimes referred to as prime rate) from 8.00 percent to 8.25 percent, effective June 29, 2006.

Source: TCF Financial Corporation

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