WAYZATA, Minn.--(BUSINESS WIRE)--TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), today announced an expansion of its automatic teller machine (ATM) fleet by 25 percent in Minnesota. This expanded surcharge-free ATM access for TCF Bank cardholders includes 76 new TCF Bank-branded cash-only ATMs in Target retail store locations in Minnesota. With these additional machines, TCF Bank will have more than 300 ATMs located throughout Minnesota, including those in retail branches and Cub Foods grocery stores.
“Our customers want convenient, round the clock access to their money along with the ability to transact and manage their financial accounts. This expansion significantly increases our ability to deliver ATM services to our customers wherever and whenever they need them,” said Mark Jeter, executive vice president and managing director, Retail Banking for TCF Bank. “This investment in our ATM network further reinforces our commitment to deliver high quality customer service and convenience.”
The 76 TCF Bank-branded ATMs will be operational in select Target stores by early November. The expansion of surcharge-free ATM access in Target retail stores in Minnesota is made possible through TCF Bank’s relationship with Cardtronics, the world’s largest retail ATM owner/operator and a provider of ATM services to Target.
TCF Bank’s ATM expansion in Minnesota is part of a broader investment to significantly increase access to cash for its customers. In partnership with Cardtronics, TCF Bank also announced the addition of surcharge-free and cash-only ATMs at all 71 Target store locations in the Chicago region and 56 locations in Michigan. In addition, TCF Bank will install 10 new drive-up ATMs located in the parking lots of selected Jewel-Osco grocery stores throughout the greater Chicago area. With these new ATM locations, TCF Bank will have a network of more than 835 machines across its retail banking footprint in Minnesota, Illinois, Michigan, Colorado, Wisconsin, South Dakota, Indiana and Arizona.
Customers who want information on the location of the new ATMs can use the location finder on TCF Bank’s web site at tcfbank.com or on the bank’s mobile application once the ATMs are live and available for customers.
TCF is a Wayzata, Minnesota-based national bank holding company. As of June 30, 2015, TCF had $20 billion in total assets and 376 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, visit tcfbank.com.
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 113,500 retail ATMs in the U.S. and international locales. Whether Cardtronics is driving foot traffic for America’s most relevant retailers, enhancing ATM brand presence for card issuers or expanding cardholders’ surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.