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Press Release

TCF Bank Extends Relationship with First Data to Provide Payment Solutions to Small and Medium-Sized Businesses

Company Release - 11/30/2015 11:00 AM ET

WAYZATA, Minn.--(BUSINESS WIRE)-- TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE:TCB), today announced a renewal of its contract with First Data Corporation to provide payment solutions to small and medium-sized businesses (SMBs). First Data is a global leader in commerce-enabling technology and solutions and its suite of services provide best-in-class payment processing solutions to TCF Bank’s SMB customers.

“Implementing and upgrading point-of-sale systems to the latest technology can be challenging for SMBs,” said Geoff Thomas, TCF’s managing director of customer segments and alternative channels. “We selected First Data’s payment solutions because they provide all of the tools SMBs need to run and grow their brick-and-mortar, online, and mobile businesses.”

TCF Bank SMB customers can implement or upgrade to the latest payment technology with First Data’s Clover point-of-service solution. First Data’s payment solutions include stationary and mobile terminals that accept most payment types (PIN Debit, EMV, NFC) and streamline business operations through its expansive Clover App Market—all in a safe and secure environment. SMBs also can grow their businesses with loyalty programs like First Data’s digital gift card application and learn more about their customers and competitors with First Data’s small business analytics tool.

TCF Bank SMB customers can learn more online at www.tcfbank.com/smb, in any TCF Bank branch, or by calling 866-964-0888.

About TCF

TCF is a Wayzata, Minnesota-based national bank holding company. As of September 30, 2015, TCF had $20 billion in total assets and 375 branches in Arizona, Colorado, Illinois, Indiana, Michigan, Minnesota, South Dakota and Wisconsin, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing, equipment finance, and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, visit tcfbank.com.

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

Source: TCF Financial Corporation

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