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Press Release

TCF Declares Regular Quarterly Cash Dividend of 23 Cents Per Common Share

Company Release - 7/17/2006 5:30 PM ET

WAYZATA, Minn.--(BUSINESS WIRE)--July 17, 2006--

The Board of Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared its regular quarterly cash dividend of 23 cents per common share, payable August 31, 2006 to stockholders of record at the close of business on July 28, 2006. At June 30, 2006, there were 131.4 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 $13.8 billion in assets. TCF has 452 banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates provide leasing and equipment finance, and investments and insurance sales.

Source: TCF Financial Corporation

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