U.S. Markets close in 3 hrs 31 mins

TCF Bank Lowers Prime Rate to 5.25 Percent

WAYZATA, Minn.--(BUSINESS WIRE)--

TCF Financial Corporation (TCF) (TCF) and its subsidiaries announced today that they are lowering their prime rate to 5.25 percent from 5.50 percent, effective tomorrow, August 1, 2019.

About TCF
TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of June 30, 2019, TCF had $24.6 billion in total assets and 312 bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, please visit http://ir.tcfbank.com.

Click here to subscribe to news release email alerts for TCF Financial Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190731006095/en/