TCF Financial Corporation (TCF)

43.75 -0.67 (-1.51%) At close: 4:00PM EST

TCF Financial Corporation

333 West Fort Street
Suite 1800
Detroit, MI 48226
United States
866-258-1807
http://ir.tcfbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 7,140

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Gary Howard Torgow J.D.	Exec. Chairman	2.39M	N/A	1957
Mr. David T. Provost	CEO & Director	2.39M	N/A	1954
Mr. Thomas C. Shafer	COO & Vice Chairman	2.43M	N/A	1959
Mr. Brian W. Maass	CFO & Exec. VP	1.25M	N/A	1973
Ms. Kathleen S. Wendt	Exec. VP & Chief Accounting Officer	N/A	N/A	1973
Mr. Thomas John Butterfield	Exec. VP, CTO & Operations Officer	N/A	N/A	1965
Mr. Timothy R. Sedabres	Head of Investor Relations & Director of Corp. Strategy	N/A	N/A	N/A
Mr. Joseph T. Green	Exec. VP, Gen. Counsel & Assistant Sec.	N/A	N/A	1955
Ms. Sandra D. Kuohn	Exec. VP & Chief Human Capital Officer	N/A	N/A	1965
Mr. William S. Henak	Exec. VP of National Banking	N/A	N/A	1957

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

TCF Financial Corporation operates as the financial holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial and industrial loans; commercial real estate loans; lease and equipment financing products; inventory financing products; and residential, consumer, and small business lending products. In addition, the company offers investment management and custodial, trust, and financial and estate planning services; retirement planning and employee benefit programs; and cash management, international trade finance, foreign exchange management, and loan syndication services, as well as sells investment products, such as annuity products and mutual funds. Further, it provides treasury services comprising investment and borrowing portfolios, as well as manages capital, debt, and market risks; check cashing and remittance services; lines of credit, letters of credit, and capital market products; and credit and debit cards. As of December 31, 2019, the company had 520 branches, including 396 traditional branches, 121 supermarket branches, and three campus branches located in Michigan, Illinois, Minnesota, Colorado, Ohio, Wisconsin, Arizona, and South Dakota; and 1,099 ATMs. TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan.

Corporate Governance

TCF Financial Corporation’s ISS Governance QualityScore as of December 1, 2020 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.