TCF Declares Quarterly Cash Dividends

  TCF Declares Quarterly Cash Dividends

Business Wire

WAYZATA, Minn. -- October 22, 2013

On October 21, 2013,the Board of Directors of TCF Financial Corporation
(“TCF”) (NYSE: TCB) declared quarterly cash dividends on TCF’s common shares,
7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B
Non-Cumulative Perpetual Preferred Stock.

A quarterly cash dividend of $.05 per common share is payable on November 29,
2013 to stockholders of record at the close of business on November 15, 2013.
At September 30, 2013, there were 164.8 million common shares outstanding
listed on the New York Stock Exchange under the symbol TCB.

A quarterly cash dividend of $.46875 per depositary share is payable on
December 2, 2013 to holders of record of the depositary shares, representing a
1/1,000^th interest in a share of the 7.50% Series A Non-Cumulative Perpetual
Preferred Stock, at the close of business on November 15, 2013.

A quarterly cash dividend of $.403125 per share is payable on December 2, 2013
to holders of record of the 6.45% Series B Non-Cumulative Perpetual Preferred
Stock at the close of business on November 15, 2013.

About TCF Financial Corporation
TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding
company with $18.4 billion in total assets at June 30, 2013. The company has
over 425 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin,
Indiana, Arizona and South Dakota, providing retail and commercial banking
services. TCF, through its subsidiaries, also conducts commercial leasing and
equipment finance business in all 50 states, commercial inventory finance
business in the U.S. and Canada, and indirect auto finance business in over 40
states. For more information about TCF, please visit http://ir.tcfbank.com.

Contact:

TCF Financial Corporation, Wayzata
Jason Korstange, 952-745-2755
http://ir.tcfbank.com
 
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