TCF Declares Quarterly Cash Dividend of 5 Cents Per Common Share

WAYZATA, Minn.--(BUSINESS WIRE)--The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE:TCB) has declared a quarterly cash dividend of 5 cents per common share, payable May 31, 2011 to stockholders of record at the close of business on April 29, 2011. At March 31, 2011, there were 159 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.

TCF is a Wayzata, Minnesota-based national bank holding company with $18.5 billion in total assets. The company has 442 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in the U.S. and Canada. For more information about TCF, please visit www.tcfbank.com.