500 (before being converted to the Huntington brand in 2021)
Area served
Midwest and Mountain West
Key people
Gary Torgow (Executive Chairman) Craig R. Dahl (President and CEO)
Revenue
US$2.1 billion (2019)
Net income
US$294.5 million (2019)
Total assets
US$46.7 billion (2019)
Number of employees
10,000
Parent
Huntington Bancshares[2]
Website
www.tcfbank.com
TCF Financial Corporation was a bank holding company based in Detroit, Michigan. The current incarnation of the company was formed by a 2019 merger between the former TCF, which was established in 1923 in Wayzata, Minnesota, and the Michigan-based Chemical Financial Corporation. In December 2020, TCF announced a merger with Huntington Bancshares.[3] It was announced on May 26, 2021, that TCF Bank will be required by the Department of Justice to sell off 13 branches in Michigan. These branches were purchased by Horizon Bank at the end of the third quarter. The final approval has been given for the merger[4] and the merger was complete on June 9, 2021. The combined bank has $175 billion in assets.[5]
^Manes, Nick (9 June 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Retrieved 9 June 2021.
^Manes, Nick (9 June 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Retrieved 9 June 2021.
^"TCF Financial Gains on $6 Billion Huntington Bancshares Deal". TheStreet.com. December 14, 2020. Retrieved December 14, 2020.
^Reindl, JC (25 May 2021). "Justice Department forces Huntington, TCF to sell 13 bank branches for merger". Detroit Free Press. Retrieved 26 May 2021.
^Manes, Nick (9 June 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Retrieved 9 June 2021.
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