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

TCF Financial Corporation (the "Company") and Neil W. Brown entered into a letter agreement, dated December 14, 2012, in connection with Mr. Brown's previously announced resignation from the Company. Pursuant to the agreement, Mr. Brown is eligible to receive a lump sum payment in the amount of $1,269,643, less applicable taxes, after the letter agreement becomes effective. In addition, Mr. Brown will be eligible for reimbursement of a portion of his COBRA health care continuation premiums if COBRA coverage is elected, and reimbursement of his legal fees in reviewing the letter agreement, in each case subject to certain maximum amounts. In consideration of these payments, Mr. Brown has agreed to non-solicitation, non-hire, non-disparagement and confidentiality restrictions and to a general release.

A copy of the letter agreement between Mr. Brown and the Company is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.
99.1 Letter Agreement between TCF and Neil W. Brown entered into on December 14, 2012