He says this morning, “We are pleased to close our merger ahead of schedule and excited to begin operating as one organization.” Dahl adds, “With complementary banking platforms and the additional scale created through the merger, we are uniquely positioned to provide a more robust product set to a broader customer base with limited overlap and disruption.”, Gary Torgow is Executive Chairman of the Board at TCF. 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. It is not to be confused with the totally unrelated entity Chemical Bank and Trust (headq… A well known name in the banking and financial industry across Michigan’s Great Southwest officially starts to fade from the landscape beginning today as a merger of equals between Chemical Bank and TCF is complete, and the Chemical name begins the process of being retired. Craig Dahl is President & CEO at TCF. 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. 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. The combination of Legacy TCF and Chemical creates a premier Midwest bank, with the scale to deliver best-in-class products and services, banking experiences that help customers achieve their financial goals and the ability to invest in leading-edge digital banking solutions that make banking more convenient. Approximately 200 banking centers in Michigan and Ohio that previously operated as Chemical Bank were impacted by the name change. 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. document.getElementById("comment").setAttribute( "id", "af02b62a624885d0fd4c244c878f8394" );document.getElementById("affc29f744").setAttribute( "id", "comment" ); Terry Mulreany Subscriptions: 800 708 9373 x130 terry.mulreany@monitordaily.com Susie Angelucci Advertising: 484.459.3016 susie.angelucci@monitordaily.com, Visit our sister website for news, information, exclusive articles, deal tables and more on the asset-based lending, factoring, and restructuring industries. Credit underwriters have directed their organizations to cease financing indigent industry sectors that have been especially hard hit through... read more. TCFâs new ad campaign was developed in partnership with Southfield-based Doner Company, its advertising agency of record. “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.”.