Gateway offers loans through thousands of used car dealers in 30 states. So far this year, the company’s made $200 million. TCF officials say they'll start offering car loans in the next few months.
BMTN Newsletters Deliver The Biggest MN Stories
Minnesota fought back from a 28-0 deficit but didn't last.
It happened Friday morning in Renville County.
Police are asking the public for help finding the vandals.
There have been no Mega Millions winners since July.
She was struck when a semi truck ran a red light.
Remember the harsh cold during the winter of 2013-14?
Dispatch logs reveal previously unreported details about the night Jayme went missing.
It's also sometimes referred to as a "Shock Doctor."
Kaleb Fischer was severely injured while repairing a manure spreader.
The 2nd District congressman made light of harassment allegations.
Quite the homecoming for the 2018-19 season.
The money is part of President Barack Obama's Small Business Jobs Act, aimed at fostering lending that can spur growth and job creation.
Wayzata-based TCF Financial Corp. says it is eliminating monthly account maintenance fees for all customers, regardless of minimum balance, direct deposit or transaction level requirements. The Business Journal notes TCF Bank began charging fees in early 2010 after new federal regulations were expected to reduce revenue from overdraft fees.
So far, the Small Business Administration says nearly 50 people have gotten loans totaling $782,000. Close to 400 people have picked up paperwork to apply for a loan, but only half have completed the process.
College students looking for private loans have fewer options. Minnesota Daily reports after nearly 40 years in the student-loan business, Minneapolis-based U.S. Bancorp is going to pull out of the student loan market. A company spokesperson said U.S. Bank was a "very small player" with less than 1.5 percent of the student-lending market share. JPMorgan Chase has also decided to only lend student loans to existing customers.
Gov. Mark Dayton pledges $100 million in new direct lending money to job creators. He makes the announcement after Tuesday's Jobs Summit in St. Paul. The added funds will go to qualifying Minnesota banks to distribute as business loans. Dayton says the move will double the state's investment in Minnesota small businesses.
Police investigated after pulling over Donovan McNabb in a vehicle with dealer plates. Fox 9 reports McKay's Family Auto of Waite Park has a sponsorship deal with the team, and apparently loans out the cars to players and coach Leslie Frazier. The dealership has issued a statement taking responsibility for the situation.
TCF Financial is shuffling its management team. The bank said it is realigning its management to structure the company under four initiatives: Corporate development, enterprise risk management, lending and funding.