TCF Bank is a banking subsidiary wholly owned by a banking holding company called TCF Financial Corporation. The holding company is based in Detroit, Michigan while TCF Bank is headquartered in Wayzata, Minnesota. The bank operates 321 branches in Illinois, Colorado, Arizona, South Dakota, Wisconsin, Michigan, and Minnesota.
What time does TCF Bank open?
| Monday | 09:00 AM – 06:00 PM |
| Tuesday | 09:00 AM – 06:00 PM |
| Wednesday | 09:00 AM – 06:00 PM |
| Thursday | 09:00 AM – 06:00 PM |
| Friday | 09:00 AM – 06:00 PM |
| Saturday | 09:00 AM – 01:00 PM |
Is TCF Bank open today? Is TCF Bank open tomorrow?
Is TCF Bank open on Sunday? No, it’s closed.
TCF Bank closing time
What time does TCF Bank close? Usually, it closes at 06:00 PM.
History
TCF Bank was founded in 1923 in Minneapolis. It was initially known as Twin City Building and Loan Association. It was granted a federal charter in 1936 that saw it change its name to Twin City Federal Savings and Loan Associations.
The company later went public in 1986 under the new name TCF Banking and Savings, F.A. (TCF Bank). It reorganized a year later and became a holding company referred to as TCF Financial Corporation. The bank has mainly grown through expansion with a few acquisitions such as those of Standard Financial and Great Lakes Bancorp.
The first acquisition was in the 1990s which saw it expand into Michigan after acquiring Great Lakes National Bank and Federal Savings Bank of Oakland County. It acquired Winthrop Resources Corporation in 1997 and VGM Leasing, Inc. in 2004.
The bank created TCF Inventory Finance, Inc. which saw it enter the commercial inventory finance business both in America and Canada. It then ventured into indirect auto financing in 2011 after acquiring Gateway One Lending & Finance.
Chemical Bank of Detroit announced on January 28, 2019 that it was merging with TCF. The newly merged company would retain the TCF brand but change its headquarters to a tower that Chemical was constructing in Detroit.
When it comes to expansion, TCF started with about 110 branches in Minneapolis. It currently has campus branches that it put up in partnership with St. Cloud State University and University of Minnesota.
The bank currently runs 148 branches in Chicago metropolitan. It was, however, forced to close 37 in 2013 and 33 in 2016. Its acquisition of Great Lakes National Bank helped it to branch out into Michigan where it currently runs 38 branches.
In Colorado, the bank has 36 branches in Colorado Springs and Denver metro. It operates 7 branches in Arizona where it opened its first branch in 2006 in Mesa. All the 7 branches were to be sold to Alaska USA Federal Credit Union but the sale is still pending regulatory approval.
TCF Bank Holiday Hours – Open
| Date | Holiday |
|---|---|
| February 14 | Valentine’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| October 31 | Halloween |
| November 29 | Black Friday |
| December 24 | Christmas Eve |
TCF Bank Holiday Hours – Closed
| Date | Holiday |
|---|---|
| December 25 | Christmas Day |
| September 02 | Labor Day |
| October 14 | Columbus Day |
| February 18 | President’s Day |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| January 21 | Martin Luther King Jr. Day |
| November 11 | Veterans Day |
| November 28 | Thanksgiving Day |
| January 01 | New Year’s Day |
TCF Bank near me
TCF Bank store locator
Business Directions
Some of the various banking services that TCF offers include debit cards with Apple Pay, withdrawals at ATMs, checking, coin counting, mobile banking and online banking services. The bank maintains a well-diversified portfolio for its loans and leases. The portfolio consists of auto finance, consumer real estate, leasing and equipment finance, commercial and inventory finance.
Key Facts
The Twin City Federal, which TCF continues to be a major force in, reached $1 billion in assets in 1972. In 1999, TCF was able to open its one-millionth retail checking account. The bank has been at the forefront of improving the quality of life in the communities it operates. Through its TCF foundation, it has managed to raise funds and provide free financial education to adults and teens.
Conclusion
TCF Bank prides itself in providing banking products and services that support the financial interests of the customer. It invests in neighborhoods and communities by helping people achieve their dreams.
