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TCF Declares Regular Quarterly Cash Dividend of 24.25 Cents Per Common Share

Company Release - 10/15/2007 4:55 PM ET

WAYZATA, Minn.--(BUSINESS WIRE)--

The Board of Directors of TCF Financial Corporation (TCF) (NYSE:TCB) has declared its regular quarterly cash dividend of 24.25 cents per common share, payable November 30, 2007 to stockholders of record at the close of business on October 26, 2007. At September 30, 2007, there were 126.7 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 $15 billion in total assets. TCF has 446 banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana and Arizona. Other TCF affiliates provide leasing and equipment finance, and investments and insurance sales.

Source: TCF Financial Corporation

Contact: TCF Financial Corporation, Wayzata Jason Korstange, 952-745-2755 www.tcfbank.com

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