| Business Summary | | TCF
Financial
Corporation
(TCF)
is
the
holding
company
of
two
national
banks,
TCF
National
Bank
and
TCF
National
Bank
(collectively,
TCF
Banks).
TCF's
products
include
commercial,
consumer
and
residential
mortgage
loan
and
deposit
products,
leasing
and
equipment
finance,
insurance
and
mutual
funds.
Some
of
its
products,
such
as
commercial
equipment
and
truck
loans
and
leases,
are
offered
in
markets
outside
areas
served
by
the
TCF
Banks.
TCF's
primary
focus
is
on
the
delivery
of
retail
banking
products
in
markets
served
by
the
TCF
Banks.
As
of
December
31,
2000,
the
Company
operated
84
bank
branches
in
Minnesota,
168
in
Illinois,
32
in
Wisconsin,
56
in
Michigan
and
12
in
Colorado. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TCB,
a
bank
holding
co.,
owns
and
operates
five
federally
chartered
national
banks
and
one
bank
holding
company.
For
the
six
months
ended
6/30/01,
interest
income
rose
6%
to
$425.3
million.
Net
interest
income
after
loan
loss
provision
rose
7%
to
$225.2
million.
Net
income
rose
15%
to
$100.2
million.
Net
interest
income
reflects
increased
interest
earning
assets
and
a
higher
net
interest
margin.
Earnings
also
benefited
from
increased
fees
and
service
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Cooper, 57 Chairman
and CEO | $2.2M | $743K | Lynn Nagorske, 44 Pres | 1.1M | 565K | Thomas Cusick, 56 Vice
Chairman and COO | 1.1M | -- | Neil Brown, 42 CFO,
Treasurer and Exec. VP | -- | -- | Wayne Marty, 47 Pres
and CEO of TCF Bank Colorado | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|