Summary of TCF FINANCIAL CORP

Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Board of Directors (the "Board") of TCF Financial Corporation (the "Company") elected Vance K. Opperman as a director of the Company, effective June 29, 2009, filling a vacancy created by the expansion of the size of the Board from eleven (11) to twelve (12) members. Mr. Opperman was also appointed to serve on the Compensation/Nominating/Corporate Governance Committee, the Advisory Committee, the Audit Committee and the Shareholder Relations/Capital and Expansion Committee of the Board and will stand for re-election at the 2010 Annual Meeting of Stockholders.

Mr. Opperman is president and chief executive officer of Key Investment, Inc., a private investment company involved in publishing and other activities. Previously, Mr. Opperman was president of West Publishing Company, an information provider of legal and business research now owned by Thomson Reuters. He serves on the board of directors for Thomson Reuters as well as other educational and not-for-profit organizations.

As a non-employee Director of the Company, Mr. Opperman is eligible to participate in the TCF Financial Director's Stock Program (the "Program"). Under the Program, shares of the Company's common stock are earned in an amount equal to the participant's annual retainer fee for each fiscal year in which the Company's financial performance exceeds a stated goal as determined by the Board from time to time. A complete description of the Company's non-employee director compensation can be found under the caption "Compensation of Directors" in the Company's proxy statement for its 2009 Annual Meeting of Stockholders, which was filed with the Securities and Exchange Commission on March 11, 2009.

A copy of the press release issued by the Company on June 29, 2009, announcing Mr. Opperman's election as a director is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.