TCF Bank is a Midwestern bank with 400 locations scattered throughout the Midwest area. Clients banking with TCF Bank are offered a wide variety of different accounts, so finding one suitable for you is fairly easy.
TCF offers checking, savings, mortgage products, personal loans, business loans, credit cards, and corporate banking products. They are big on community development and educating consumers on how to be financially savvy.
If you’re interest in learning more, continue reading for more what TCF bank has to offer.
Table of Contents
- 1 Checking Account Options
- 2 Compare Checking Accounts
- 3 Savings Account Options
- 4 Compare Savings Account Options
- 5 Money Market Account
- 6 Compare Money Market Accounts
- 7 CD Account Options
- 8 Compare CD Accounts
- 9 Reasons To Bank With TCF Bank
- 10 Reasons Not To Bank With TCF Bank
- 11 TCF Bank Routing Number
- 12 Contact Customer Service
- 13 How It Compares
- 14 Bottom Line
Checking Account Options
At TCF Bank, you can open a regular checking account or an interest bearing account! Here are the following accounts are offered by TCF Bank:
Premium checking with extra benefits, such as no TCF fees at ATMs, earns interest, waived international transaction fees and more. $15 monthly maintenance fee is waived with a minimum account balance of $2,500.
Designed for students ages 18 to 24, with no monthly maintenance fee. Other fees, including dormancy fees, may apply.
A feature-rich, affordable checking account that earns interest, for those age 62 or older. $9.95 monthly maintenance fee is waived with qualifying transactions. Theses transactions include: direct deposits totaling $200 or more a month, $10,000 in combined balances, or 15 qualifying withdrawals
A basic checking account aimed towards teenagers between 14 to 17. This account can be set as the foundations of their financial future.
Compare Checking Accounts
 • Get up to $600 with a 3% Cash Bonus Checking Offer when you open a new HSBC Premier checking account and complete the following qualifying activities. • Open your new HSBC Premier checking account online by June 30, 2021; and • Set up Qualifying Direct Deposits into your new HSBC Premier checking account; and then • Enjoy 3% Cash Bonus, up to $600, on Qualifying Direct Deposits up to $100 per month, during the first 6 calendar months after account opening • You will automatically receive the 3% Cash Bonus in your new HSBC Premier checking account approximately eight weeks after completing that month's qualifying activities. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
• Get a $450 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities. • Open your new HSBC Premier checking account online by June 30, 2021; and • Make recurring monthly Qualifying Direct Deposits totaling at least $5,000 from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening. • You will automatically receive the $450 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
 Open your Huntington 25 Checking account today and enjoy: • $300 bonus by making cumulative new money deposits of at least $25,000 within 60 days of account opening. $500 will be deposited in your new account within 14 days of meeting requirements. • 24-Hour Grace Overdraft Fee Relief. It is designed to give you more time to make a deposit in order to avoid an Overdraft Fee. • Earn Interest on Balances. 0.05% Annual Percentage Yield applies to all balance tiers. • Free ATM Withdrawals. They’ll waive all non-Huntington ATM cash withdrawal fees at any ATM and reimburse you for some withdrawal fees charged by another ATM owner. • Waived Monthly Maintenance Fee • Credit score and identity monitoring at no added cost |
Savings Account Options
You can choose from a variety of savings from TCF, they provide accounts to all ages from teens to seniors. The following are savings accounts offered by TCF Bank
Enjoy flexibility with no minimum balance and no monthly fee, available to TCF personal checking account customers. Other fees, such as: excessive withdrawals, ATM transactions at non-TCF ATMs, and other optional services, may apply. A limit of 6 withdrawals are allowed each billing cycle.
Earn interest starting with your first penny. $100 minimum balance to avoid a $4 monthly maintenance fee. Monthly transaction limitations apply. Other fees may apply.
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A savings account designed for larger balances. Minimum balance is required to earn interest. There is a $50 minimum opening deposit. $1,000 minimum balance to avoid a monthly maintenance fee of $10.
Compare Savings Account Options
 With the American Express® High Yield Savings Account: • Earn 0.40% APY on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • No monthly fees, no minimum balance. • 24/7 Account Access |
 With the CIT Bank Savings Builders account: • Earn a top tier, competitive APY on your money—one of the top savings rates in the nation. Earn 0.40% APY on your funds - grow your savings faster. • Build a habit of savings. Pay yourself first. Start with $100 per month and build your habit of savings-—all while getting a top rate. • FDIC Insured |
With the American Express® High Yield Savings Account: • Earn 0.40% APY on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • No monthly fees, no minimum balance. • 24/7 Account Access |
 Open a Discover Online Savings Account for all these features: • Earn high interest rate of 0.40% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 See advertiser website for full details |
 • Earn 0.61% APY with interest compounded daily and no monthly fees with the Axos Bank High Yield Savings account • No minimum balance requirements • Free ATM card upon request • $250 minimum opening deposit • Free Incoming Wires |
Money Market Account
TCF Power Money Market
Power up your savings with a TCF Power Money Market account that also earns interest. $1,500 minimum balance to avoid a $10 monthly maintenance fee. Monthly transaction limitations apply. Earn interest. $50 minimum opening deposit.
Compare Money Market Accounts
• Earn 0.60% APY with the Axos Bank High Yield Money Market • FDIC Insured • Check writing privileges • No monthly maintenance fees • No minimum balance requirements • Debit card transactions • Minimum Balance Required to Open the Account: $ 1000.00 |
 • Get started and open a Discover Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 0.35% APY balances $100,000 and over • Earn 0.30% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
With the CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. • Earn 0.45% APY on your funds • One of the nation's top rates — several times the national average. • Get up to 6 digital transfers/withdrawals per statement cycle • Save smart and get more for your money • Higher rates than traditional banks • Get 24/7 Account Access • Secure banking features • Open with as little as $100 • FDIC insured |
CD Account Options
Earn a fixed, competitive interest rate on your certificate of deposit. $500 minimum opening deposit. Choose from a wide range of terms, from 3 months to 10 years. CDs with longer terms typically have higher CD rates. Early withdrawal penalties may apply.
Compare CD Accounts
• Available nationwide online, Discover offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 0.20% APY up to 0.60% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Start today with a minimum deposit of $2,500! • Get started and open a Discover CD in 3 easy steps. |
 • Available online nationwide • Earn 0.30% APY on a 12-Month CD Term • Earn up to 0.50% APY • $1,000 minimum to open • Selection of terms to meet your needs • A range of choices. Low minimum deposits. • No fees to open or maintain the account • Available as Custodial • Open a CIT Bank Certificate of Deposit Account today! |
With the CIT Bank No-Penalty 11-Month CD: • Earn 0.30% APY on your funds with just a $1,000 minimum deposit. • The perfect balance between a great fixed rate and flexible money access. • Access funds, if needed. No penalty. • No opening or maintenance fees • Shorter 11-month timeframe and a great APY • If you need your funds prior to the maturity date, you can withdraw your money — including any interest earned — beginning seven days after the funds have been received. No penalty. No problem. It's the security of a CD with the flexibility to access your funds early if you need them. |
Reasons To Bank With TCF Bank
- Many of the TCF Bank branches have extended hours beyond your standard bank. Many of the TCF Bank branches are located inside local grocery stores, making it convenient for you to do your banking before/after you shop.
- TCF offers teen and student bank accounts with no monthly maintenance fee. The teen account is targeted towards 14 – 17-year-olds. It’s meant to help teens start to understand how to handle money. The student bank account is for college students aged 18 to 24 years old. Both accounts require at least $25 to open an account.
- TCF offers a “senior” checking account. This interest-bearing account does carry a monthly maintenance fee, but if you have more than $200 direct deposited into your account or you make at least 15 withdrawals per month, the fee is waived.
- Savings accounts can be opened with as little as $25.
- They allow CD Laddering.
- You can pay for bills online.
- Set up automatic transfer.
- Set up alerts. These alerts can warn you of unfamiliar transactions or low funds.
Reasons Not To Bank With TCF Bank
- The fees can be steep and add up.
- Check deposits made with a teller can take up to two business days to be available. Typically, the first $250 of the check is available the same day, but the remaining funds take longer.
- If you use an ATM machine outside of the TCF network, you may pay $3 per transaction plus the fee that the host ATM charges. If you use an ATM outside of the US, TCF charges $5 plus 3% of the transaction, and you also incur the charges the host ATM charges.
TCF Bank Routing Number
Your routing number can be found on the bottom left of your check.
Contact Customer Service
Reach TCF Bank Customer Service at 1 (800) 823-2265.
In addition, you’re able to fill out an online Customer Service Request, but a response can to take between one and two business days.
How It Compares
- US Bank: US Bank does charge hefty monthly fees and has slightly hard to reach requirements to waive those fees, such as direct deposits of at least $1,000 per month or average monthly balances of at least $1,500.
- Wells Fargo: They have many more ways that you can waive your monthly maintenance fee, such as making 10 debit card purchases per month or receiving at least $500 in monthly direct deposits.
Bottom Line
If you bank for convenience rather than interest rates, TCF Bank is the bank for you. If you don’t bank much outside of your own area and know that you’ll have access to TCF ATMs when you need them, it may be a convenient option.
The rates won’t make you rich and the fees may eat away at your wallet, but if you pay close attention, you can waive all your fees.
If you’re interested in banking with TCF Bank, see our list of the latest TCF Bank Promotions! For more options from a variety of banks, see our list of the best bank promotions!
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