TCF Financial posts first quarterly loss in 17 years

Article by: JIM BUCHTA , Star Tribune
Updated: April 19, 2012 - 8:20 AM

Revenues were up double-digits, but after-tax charges dinged earnings.

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km9173Apr. 19, 12 9:33 AM

This is what happens when the government gets involved and picks winners and losers as with the Durbin amendment to the Frank-Dodd Wall Street reform bill.

jwhitey1972Apr. 19, 1210:04 AM

This bank is fee hungry!! They charged me $9.95 because I didnt use my check card 15 times last month. Seriously? Hello Credit Union and hopefully good bye to Mr. Cooper and TCF!

makinwavesApr. 19, 1210:23 AM

I just left TCF bank because the monthly fees were costing more than I make in interest over the course of a year by keeping money in a savings account. I know it is similar with every bank, but now I am in a credit union that has lower/no fees and they are more forgiving. My wife worked at TCF Bank and they only focused on new customers giving them promotions and sign up bonuses etc. while treating current customers very poorly.

clairjrApr. 19, 12 2:31 PM

"TCF Financial posts first quarterly loss in 17 years.."***************Because the economy is still not seeing any continuence of greater employment numbers or stronger housing starts, or borrowing from consumers. Me? I'd blame it all on the Republicans. Or Bush. Or, the vernal equinox..or..