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TCF DECLARES INCREASED QUARTERLY DIVIDEND

 MINNEAPOLIS, April 21 /PRNewswire/ -- TCF Financial Corporation (NYSE: TCB) (TCF) today declared an increased quarterly cash dividend of 18.75 cents per share, payable May 28 to shareholders of record at the close of business May 7. The new rate is 50 percent higher than TCF's previous quarterly cash dividend of 12.5 cents per share.
 TCF is the holding company for TCF Bank Savings fsb, which has 84 retail banking offices in Minnesota, Illinois, Wisconsin and Iowa. TCF earned $9.5 million, or 92 cents per share, for the first quarter ended March 31.
 -0- 4/21/93
 /CONTACT: Cynthia A. Wind, Investor Relations, 612-370-7390; or Elizabeth Anders, Media Relations, 612-370-1576, both of TCF/
 (TCB)


CO: TCF Financial Corporation ST: Minnesota IN: FIN SU: DIV

KH -- MN001 -- 8743 04/21/93 12:27 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:135
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