"As the merger was going through the regulator and shareholder approvals, Chemical Bank's leaders were continuing their planning to build a Neumann/Smith Architecture is the architect designing the office tower and construction bidding is underway, said Tom Shafer, the former Chemical Bank CEO who is moving into the president and chief operating officer position with the new TCF Bank. Make sure you don't miss a thing by subscribing to our newsletters. Approximately 200 banking centers in Michigan and Ohio that previously operated as Chemical Bank were impacted by the name change.“We have spent the past year integrating our technology systems to provide a best-in-class digital experience for our customers both on our website and through our mobile app, while also upgrading the back-end systems to meet the new TCF’s needs today and well into the future,” Tom Shafer, president and chief operating officer of TCF Bank, said. Common themes include deception, misdirection and reliance on the good faith of victims. By mid-August, TCF customers will be able to use Chemical Bank ATMs for transactions and vice versa, he said.TCF and Chemical's shareholders approved the merger The combined bank will be publicly traded on the Nasdaq Stock Market under the ticker symbol TCF. “Today is a historic day for the new TCF, and we want all of our customers to know that with the final step complete in the merger of equals, we remain deeply committed to the communities where we live, work and serve.”TCF Financial is building a new headquarters in Detroit and made several commitments to the communities it serves, including:A $1 billion loan commitment over five years to minority communities and minority- and women-owned small businessesA $5 million commitment to Detroit’s Strategic Neighborhood Fund for the Grandmont Rosedale neighborhood, as well as a partnership with the Detroit mayor’s office for the Affordable Housing Leverage fund$10 million for grants over five years to help low-to-moderate-income home buyers, known as the Heart and Home program$1.9 million in donations from the TCF Foundation to more than 700 charitable partners in 2019 and an additional $831,000 in team member matching giftsPartnerships, including with the University of Minnesota, where TCF has donated more than $1.4 million in scholarships, renamed Detroit’s convention center the TCF Center and sponsored the Detroit City marathon.The merger of equals in which legacy TCF Financial merged into Chemical Financial was closed on Aug. 1, 2019, forming Michigan’s largest national bank holding company.As of Aug. 10, TCF’s primary banking subsidiary, TCF National Bank, rebranded all its banking centers across TCF’s footprint under the TCF Bank name, and all consumers will share a common digital banking and mobile app experience, branded as TCF Bank.
About 200 banking centers in Michigan and Ohio that previously operated as Chemical Bank were impacted by the name change.â(Monday) is a historic day for the new TCF, and we want all of our customers to know that with the final step complete in the merger of equals, we remain deeply committed to the communities where we live, work and serve,â said Craig Dahl, president and CEO of TCF Financial Corporation.Added Tom Shafer, president and COO, TCF Bank: âWe have spent the past year integrating our technology systems to provide a best-in-class digital experience for our customers, both on our website and through our mobile app, while also upgrading the back-end systems to meet the new TCFâs needs today and well into the future.âI am very proud of our teamâs efforts to support our integration activities in the face of unexpected challenges, including a pandemic, working from home, civil unrest and a historic flood in Midland, home to some of our key operations. Full Forecast; Traverse City, MI.
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