Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  TCF Financial Corporation    TCB

Delayed Quote. Delayed  - 09/23 10:02:01 pm
14.48 USD   -0.28%
09/19 TCF FINANCIAL : Introduces Chip Debit Card with Contactless Payment ..
08/16 TCF FINANCIAL : Improves Financial Education Program; Helps Adults S..
08/11 TCF FINANCIAL C : ex-dividend day
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

TCF Financial Corporation : TCF Free Checking Is Back!

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/27/2012 | 02:35pm CEST

TCF Bank today announced it is reintroducing TCF Free Checking and will no longer charge a monthly maintenance fee for all customers currently using a variety of its most popular checking products. At a time when banks are generally increasing fees or inventing new ways to charge them, TCF Bank is taking a different path. In an industry-leading move to provide customers more for less, the bank's customers will see the elimination of the monthly fee and will be able to utilize their accounts without regard for minimum balance, direct deposit or transaction level requirements.

TCF will continue to offer the wide range of free services its customers have come to expect -- such as no monthly debit card fee, free online banking and bill payment, free mobile banking, free text and email account alerts, free coin counting, free direct deposit and free teller transactions. In addition, TCF will continue to offer its superior level of convenience and service, such as 7 day a week banking, in its more than 430 branches across eight states and will not be increasing pricing on other current services.

The launch of TCF Free Checking follows a rigorous strategic planning process that included multiple layers of interviews and surveys with consumers in TCF's markets. "First and foremost, consumers today are looking for convenience, straight-talk and fewer fees," said William A. Cooper, TCF Financial Corporation Chairman and Chief Executive Officer. "TCF Free Checking responds to these priorities and also continues the evolution of TCF.

"It's simple. We asked lots of consumers what they want. We listened and we're responding by delivering a product they deserve. We pioneered Free Checking in 1986. It was the right product then and it is the right product now."

The decision to bring back Free Checking was an extension of TCF's superior convenience platform and part of the ongoing evolution of TCF designed to deliver great products at great prices, flexible service options and simple convenience.

"We've taken many steps in the first half of 2012, such as restructuring our long-term debt, expanding our lending platform, and optimizing our capital structure to improve the company's position. This reintroduction of free checking is a message to our customers that we are here to listen to their needs and respond in a way that enhances our banking relationship with them," Cooper said. "It's simply a better way."

About TCF Bank

TCF Bank is a wholly-owned subsidiary of TCF Financial Corporation ("TCF") (NYSE: TCB), a Wayzata, Minnesota-based national bank holding company with $17.8 billion in total assets at March 31, 2012. The company has over 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF also conducts commercial leasing and equipment finance business and leverage lending in all 50 states, commercial inventory finance business in the U.S. and Canada, and indirect auto finance business in over 30 states. For more information about TCF, please visit www.tcfbank.com.

MEDIA CONTACTS:
Russell Herder
Liz Mortek, 612-455-2364
Minnesota, Lakeshore
liz.mortek@russellherder.com
David Buchholz, 402-469-8044
Mountain West, Michigan
Dave.buchholz@russellherder.com
or
INVESTOR CONTACT:
TCF Financial Corporation
Jason Korstange, 952-745-2755


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TCF FINANCIAL CORPORATION
09/19 TCF FINANCIAL : Introduces Chip Debit Card with Contactless Payment Capability
08/25 TCF FINANCIAL : Improves Financial Education Program; Helps Adults Strengthen Fi..
08/16 TCF FINANCIAL : Improves Financial Education Program; Helps Adults Strengthen Fi..
08/11 TCF FINANCIAL CORPORATION : ex-dividend day
08/04 TCF FINANCIAL : Management's Discussion and Analysis of Financial Condition and ..
08/03 TCF FINANCIAL CORP : Regulation FD Disclosure, Financial Statements and Exhibits..
07/26 TCF FINANCIAL CORP : Amendments to Articles of Inc. or Bylaws; Change in Fiscal ..
07/22 TCF FINANCIAL : Reports Quarterly Net Income of $57.7 Million, or 31 Cents Per S..
07/22 TCF FINANCIAL : tops Street 2Q forecasts
07/22 TCF FINANCIAL CORP : Results of Operations and Financial Condition, Regulation F..
More news
Sector news : Banks - NEC
09/24DJWELLS FARGO : Taps Adviser on Pay -- WSJ
09/23DJWELLS FARGO : Taps Shearman & Sterling to Advise on Executive Compensation Issue..
09/23DJFed Targets Big Bank Commodity Lines
09/23 FTSE records best week in three months
09/23DJFed Proposes Limits on Bank Commodity Trading -- Update
More sector news : Banks - NEC
News from SeekingAlpha
07/22 TCF Financial Corp's (TCB) CEO Craig Dahl on Q2 2016 Results - Earnings Call ..
07/22 TCF Financial Corporation 2016 Q2 - Results - Earnings Call Slides
07/22 TCF Financial beats by $0.02
07/21 Notable earnings before Friday?s open
07/20 TCF Financial declares $0.075 dividend
Advertisement
Financials ($)
Sales 2016 857 M
EBIT 2016 415 M
Net income 2016 201 M
Debt 2016 -
Yield 2016 2,17%
P/E ratio 2016 12,25
P/E ratio 2017 11,62
Capi. / Sales 2016 2,89x
Capi. / Sales 2017 2,77x
Capitalization 2 477 M
More Financials
Chart TCF FINANCIAL CORPORATION
Duration : Period :
TCF Financial Corporation Technical Analysis Chart | TCB | US8722751026 | 4-Traders
Full-screen chart
Technical analysis trends TCF FINANCIAL COR...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 14,5 $
Spread / Average Target 0,14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Craig R. Dahl Co-Vice Chairman, CEO & President
William Allen Cooper Chairman
Thomas F. Jasper Co-Vice Chairman & Chief Operating Officer
Brian W. Maass Treasurer, Chief Financial & Investment Officer
William F. Bieber Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TCF FINANCIAL CORPORAT..2.55%2 477
JPMORGAN CHASE & CO.1.85%242 906
INDUSTRIAL AND COML BA..-3.06%234 074
WELLS FARGO & CO-15.86%230 783
CHINA CONSTRUCTION BAN..-9.52%191 203
BANK OF AMERICA CORP-7.78%158 378
More Results