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Press Release

TCF Bank Lowers Prime Rate to 5.00 Percent

Company Release - 4/30/2008 5:26 PM ET

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

TCF Financial Corporation (NYSE:TCB) today announced on behalf of its subsidiary banks that it has lowered its prime rate to 5.00 percent from 5.25 percent, effective today, April 30, 2008.

TCF is a Wayzata, Minnesota-based national financial holding company with $16.4 billion in total assets. The company has 453 banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana and Arizona, providing retail and commercial banking services, and investments and insurance products. TCF also conducts leasing and equipment finance business in all 50 states.

Source: TCF Financial Corporation

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

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