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Tcf Financial

Latest Headlines

Latest Headlines

Banks to save billions via higher cap on debit fees

The banking industry won a huge victory when the Federal Reserve--as it enacted the Durbin Amendment--decided to lift the cap on debit card swipe fees that merchants have long complained about. The

Does TCF's debit card suit stand a chance?

TCF Financial has lobbed the first legal salvo in what might become a war against the Durbin Amendment, which will eventually regulate interchange fees on debit card transactions. TCF filed its suit

The end of free checking?

TCF Financial, a small bank in Minnesota, has decided the free checking concept has run its course. While the idea of a free checking account provided an amazing array of marketing and other benefits