Editor's PickYahoo Finance • yesterday
The Consumer Financial Protection Bureau has accused TCF National Bank (TCB), a Minnesota-based bank with 360 branches in seven states, of tricking hundreds of thousands of customers into accepting costly overdraft services. Back in 2007, the Federal Reserve gave consumers overdraft protections, requiring banks to ask customers to opt-in to overdraft services that came with expensive charges. “The Opt-In Rule posed a serious threat to TCF, which depends on overdraft revenue to a greater degree than its competitors,” the CFPB wrote in its complaint suing the bank.
Associated Press • 2 hours ago
Materials companies led U.S. stocks modestly higher, recouping much of the market's loss from a day earlier and snapping a 5-day losing streak for the Dow Jones industrial average
MarketWatch • yesterday
Shares of TCF Financial Corp. slumped 2.9% in active afternoon trade Thursday, after the Minnesota-based regional bank disclosed that the Consumer Financial Protection Bureau had filed a civil lawsuit ...
Reuters • yesterday
TCF National Bank was on Thursday accused of "tricking consumers" into costly overdraft services in a lawsuit by the U.S. Consumer Financial Protection Bureau. According to the lawsuit, Minnesota-based TCF National Bank wrongly pushed customers into a costly overdraft protection that generated hundreds of millions of dollars in revenue. A spokesman for the bank, a subsidiary of TCF Financial Corp , denied the charges and said the lender would fight the case in court.
Associated Press • yesterday
Federal consumer finance regulators said Thursday they were suing TCF Financial Corp., alleging the bank deceived consumers so it could charge them exorbitant overdraft fees. Banks' overdraft fee tactics ...
TCB : Summary for TCF Financial Corporation Commo - Yahoo Finance
TCF Financial Corporation (TCB)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||18.20 - 18.63|
|52 Week Range||10.37 - 20.03|
|PE Ratio (TTM)||15.85|
|Earnings Date||Jan 27, 2017|
|Dividend & Yield||0.30 (1.58%)|
|1y Target Est||19.67|