TCF Bank and TCF Foundation Give $3 Million to Continue Building Better Communities
In its 27th year, TCF Foundation awards
four, new multi-year grants to nonprofit organizations
WAYZATA, Minn. & PLYMOUTH, Minn.–(BUSINESS WIRE)–TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation
(TCF) (NYSE: TCB), and TCF Foundation announced it donated nearly $3
million to 530 nonprofit organizations in 33 states during 2016. TCF
team members and TCF Bank customers donated more than $1.3 million
through fundraising activities and matching gifts and TCF Foundation
granted nearly $1.6 million to nonprofit organizations that support
community development, education, human services, and arts and culture.
Included in TCF Foundation’s grants are four, new multi-year grants
awarded to nonprofit organizations totaling $500,000.
“We are proud that for 27 years we have supported and strengthened our
communities by awarding grants to nonprofit organizations,” said Barbara
Shaw, chair of TCF Foundation. “This year we awarded $1.6 million in
grants, including four, new multi-year grants to Catholic Charities’
Dorothy Day Center, Cookie Cart, Second Harvest Heartland and Summit
Academy due to their strong commitments to build and strengthen our
communities and their desires to expand their services to those most in
need. These nonprofit organizations are developing life, career and
leadership skills; helping the homeless, sick and vulnerable; and
feeding the hungry to significantly improve the quality of life for
people in need. We are honored to reinforce their efforts with
multi-year grants that will help to support their expansion efforts and
to sustain them for years to come.”
TCF Foundation provides grants to nonprofit organizations actively
supported by TCF team members through volunteerism or service on
nonprofit boards and committees. TCF matches team member donations to
nonprofit organizations dollar for dollar, supports team member
fundraising efforts, and provides funds that TCF Bank branches donate to
nonprofit organizations in their communities. To learn more about the
TCF Foundation, please visit tcfbank.com/foundation.
About TCF
TCF is a Wayzata, Minnesota-based national bank
holding company. As of September 30, 2016, TCF had $21 billion in total
assets and 341 branches in Arizona, Colorado, Illinois, Michigan,
Minnesota, South Dakota and Wisconsin, providing retail and commercial
banking services. TCF, through its subsidiaries, also conducts
commercial leasing, equipment finance, and auto finance business in all
50 states and commercial inventory finance business in all 50 states and
Canada. For more information about TCF, visit tcfbank.com.
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Contacts
TCF Financial Corporation
Media:
Mark Goldman, 952-475-7050
news@tcfbank.com
or
Investors:
Jason
Korstange, 952-745-2755
investor@tcfbank.com
