TCF Financial Corporation (TCF) (TCF) and its subsidiaries announced today that they are lowering their prime rate to 4.75 percent from 5.00 percent, effective tomorrow, October 31, 2019.
About TCF Financial Corporation
TCF Financial Corporation (TCF) is a Detroit, Michigan-based financial holding company with $46 billion in total assets and a top 10 deposit market share in the Midwest at September 30, 2019. TCF’s primary banking subsidiary, TCF National Bank, is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. TCF has more than 500 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Arizona, Colorado, Indiana, Ohio, South Dakota and Wisconsin. TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. To learn more about TCF, visit ir.tcfbank.com.
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Source: TCF Financial Corporation