WAYZATA, Minn.--(BUSINESS WIRE)--TCF Financial Corporation (TCF) (NYSE:TCB) and the TCF Foundation gave $3 million to build better communities by supporting community development, education, human services, and arts and cultural interests. The TCF Foundation granted $1.5 million and TCF employees and customers donated an additional $1.5 million through fundraising activities and matching gifts. More than 100 nonprofit organizations received donations during the TCF Foundation’s 25th anniversary year in 2014.
“Preserving and improving the quality of life in the communities we serve is important to TCF, our employees and our customers,” said Barbara Shaw, TCF Foundation Chair at TCF Financial Corporation. “The organizations supported by the foundation closely align with the volunteer and nonprofit board participation of our employees, and our employees select the organizations we support through fundraising activities. It is rewarding to watch our efforts make a meaningful and lasting impact on communities, families and children, and we’re committed to do even more during 2015.”
The TCF Foundation provides grants to nonprofit organizations actively supported by TCF employees through volunteerism or service on nonprofit boards and committees. TCF matches employee donations to nonprofit organizations dollar for dollar, supports employee fundraising efforts, and provides funds that TCF Bank branches donate to charitable organizations in their communities. To learn more about the TCF Foundation, please visit www.tcfbank.com/about-tcf_community-relations.aspx
TCF is a Wayzata, Minnesota-based national bank holding company. As of Dec. 31, 2014, TCF had $19 billion in total assets and 379 branches in Arizona, Colorado, Illinois, Indiana, Michigan, Minnesota, South Dakota and Wisconsin, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing, equipment finance, and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, please visit tcfbank.com.