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TCF Declares Regular Quarterly Cash Dividend of 25 Cents Per Common Share

Company Release - 10/20/2008 3:27 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 25 cents per common share, payable November 28, 2008 to stockholders of record at the close of business on October 31, 2008. At September 30, 2008, there were 127.2 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 $16.5 billion in total assets. The company has 454 banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana and Arizona, providing retail and commercial banking services. TCF also conducts leasing and equipment finance business in all 50 states.

Source: TCF Financial Corporation

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

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