Skip to main content

TCF Financial shuffles management team

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.
  • Author:
  • Updated:
    Original:

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.

Next Up

Police tape

Woman dies after being shot in Minneapolis

The woman in her 20s died at the scene.

318932855_566492482149686_9036958628999185261_n

Twin Cities liquor store worker offers shoes off her feet to unhoused man

The man asked for boxes to use as makeshift shoes before the woman offered hers.

Screen Shot 2022-12-08 at 2.19.37 PM

St. Paul PD releases footage showing fatal police shooting of Howard Johnson

The 24-year-old died after being shot by a St. Paul officer Monday night.

318945683_10161683635994714_4236667683357316937_n

22 dogs taken in by Animal Humane Society from shuttered breeder

The dogs were taken in after a report stated there were too many on a single property.

COVER

Latest on the 2 snowstorms set to impact Minnesota

The first arrives Thursday night into Friday before a bigger system comes next week.

PepperSprayCopMPD

Cop who pepper-sprayed downtown protesters received $150K payout

Samantha Belcourt said she "feared for her life."

Powerball Minnesota lottery

$1 million Powerball prize won in Twin Cities

The winning ticket was sold in Chanhassen for Wednesday's draw.

Screen Shot 2022-12-08 at 9.16.18 AM

Animales Barbeque Co. looks to open brick-and-mortar location

The popular food truck has partnered with the owner of Billy Sushi.

Christmas presents

Here are some 2022 holiday shipping deadlines to keep in mind

Most deadlines are a few days before Christmas Eve.

Related

Free checking returns to TCF Bank

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.

New fees have TCF bleeding customers, money

TCF Bank reports a first quarter loss of more than $280 million. More and larger fees are actually producing less money by driving away customers. The bank is still sizing up how many customers it's lost and which fees sent them packing. CEO Bill Cooper promises new solutions to reverse the trend.

Wolves on brink of financial ruin?

A Delaware-based investment blog lists the Minnesota Timberwolves as one of seven professional sports teams with the shakiest financial prospects. The report points out that the Wolves lost $7 million last year, and could lose more this year if the NBA season is wiped out by the lockout.

Minn.-based Woodbury Financial Services acquired by AIG

Oakdale-based independent broker-dealer Woodbury Financial Services has agreed to be purchased by New York-based insurance giant American International Group, Inc. (AIG). Woodbury Financial, a subsidiary of The Hartford Hartford Financial Services Group, Inc., will now become a part of AIG subsidiary Advisor Group.

TCF Bank getting into the car loan business

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.

Supervalu restructures management under new CEO

Eden Prairie-based Supervalu is restructuring its management team in attempt to make a comeback. The grocery store chain is up against tough competition and recent attempts to attract shoppers with lower prices have not been successful. Late last month, the chain fired its CEO just weeks after reporting a dismal fiscal first quarter.