The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE:TCB) has declared a quarterly cash dividend of 5 cents per common share, payable May 31, 2012 to stockholders of record at the close of business on April 27, 2012. At March 31, 2012, there were 162.1 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.
TCF is a Wayzata, Minnesota-based national bank holding company with $19 billion in total assets at December 31, 2011. The company has over 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF Financial Corporation also conducts commercial leasing and equipment finance 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 http://ir.tcfbank.com.