Date: January 29, 2021. To learn more about TCF, visit ir.tcfbank.com. TCF Bank has $23.7 billion in assets, about 6,500 employees and 314 bank branches in … ... TCF announced it was merging with Chemical Bank to create one ... Sign up for the Rebound Newsletter and receive up to date … This was not an easy task, but our team’s ability to execute our strategy despite the hardships reflects the power of our purpose and beliefs.”. Such risks, uncertainties and assumptions, include, among others, the following: Additional factors that could cause results to differ materially from those described above can be found in the risk factors described in Item 1A of each of Chemical’s and Legacy TCF’s Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2018 and in the Joint Proxy Statement/Prospectus regarding the proposed merger that was filed with the SEC on May 3, 2019 pursuant to Rule 424(b)(3) by Chemical and on Schedule 14A by Legacy TCF. All Rights Reserved. Initially, TCF Bank will operate under both the TCF and Chemical Bank brands. Email Rachel at rachelw at grbj dot com. “(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,” said Craig Dahl, president and CEO of TCF Financial Corporation. Customers Will Not Experience Any Immediate Changes to their Banking Relationship. Publish date: Dec 14, 2020. Statements included in this press release, which are not historical in nature are intended to be, and hereby are identified as, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. After submitting your request, you will receive an activation email to the requested email address. Chemical Financial and TCF Financial plan on making several new executive leadership appointments for the combined company after closing their merger of equals, which is anticipated for the late third or early fourth quarter of 2019, subject to customary closing conditions, including receipt of customary regulatory approvals and approval by the shareholders of each company. According to its website, TCF will continue to operate separately until shareholders and regulators approve the merger, which is expected in 2021. Chemical Financial Corporation and TCF Financial Corporation Close Merger of Equals to Become the New TCF. TCF Financial Corp., the third-largest bank in the Twin Cities, said Tuesday it received regulatory approval to merge with Detroit's Chemical Financial Corp. The merger of equals in which legacy TCF Financial Corporation merged into Chemical Financial Corporation closed on Aug. 1, 2019, forming Michigan’s largest national bank holding company. Forward-looking statements are subject to risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results. With this latest merger, development will be on hold until the property’s future can be reassessed. Chemical Bank. Upon the merger closing, Chemical was renamed TCF Financial Corporation, and its common shares will trade on The NASDAQ Stock Market under the symbol "TCF" beginning today. 1937: Headquarters of Chemical Bank in Midland was the site of the bank … TCF Bank announces merger, name change Founded nearly a century ago in the Twin Cities, TCF will merge with Huntington and is expected to take its name in … The merger with Huntington follows straight on the heels of TCF’s merger with Chemical Bank announced in 2019 and completed last year. 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