TCF Declares Quarterly Cash Dividends

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 March 3, 2014 to stockholders of record at the close of business on February 14, 2014. At December 31, 2013, there were 165.1 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 March 3, 2014 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 February 14, 2014.

A quarterly cash dividend of $.403125 per share is payable on March 3, 2014 to holders of record of the 6.45% Series B Non-Cumulative Perpetual Preferred Stock at the close of business on February 14, 2014.

About TCF Financial CorporationTCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of September 30, 2013, TCF had $18.4 billion in total assets and 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.

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