Intro – TCF Bank Reviews & Ranking
TCF Bank was recently ranked and reviewed by AdvisoryHQ as a top rated bank in the U.S. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ's ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our TCF Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Below we have provided a detailed review of TCF Bank, including the specific factors we used in our decision-making process.
TCF Bank Review
TCF Bank is based in Minnesota but also maintains 339 branches throughout Illinois, Michigan, Colorado, Wisconsin, Arizona, South Dakota, and Indiana.
TCF Bank offers a variety of commercial and retail banking products and services, and through its subsidiaries. The bank also features commercial leasing, equipment finance, and auto finance throughout each state in the country. TCF Bank has more than $21 billion in assets.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms
Upon completing our TCF Bank reviews, TCF Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors.
TCF Bank Review: ZEO
ZEO is a prepaid Visa debit card that empowers the consumer and puts them in control of their finances. The ZEO card can be used to shop online, in stores, or any place Visa cards are accepted.
It can also be used to make purchases with Android Pay, Apple Pay, and Samsung Pay.
Photo courtesy of: TCF Bank
Other functionalities include the option to take cash from TCF Bank branch locations and any ATMs that offer cash-back with purchase options.
The ZEO card can be used to pay bills, and you can quickly and easily load money onto this prepaid card at a TCF bank branch, through direct deposit, or at a Visa ReadyLink location.
TCF Bank Review: TCF Free Checking
With TCF Free Checking, account holders don’t have to worry about the cost and hassle of paying monthly fees or maintaining minimum balances. This basic checking account requires only $25 to open, and you gain the use of a TCF debit card.
Account holders can also make free withdrawals at TCF ATMs.
As well as the basic TCF Free Checking account, there is also a Free Student Checking Account available, which also has no monthly maintenance fees and offers features designed specifically for the needs of students.
TCF Bank Review: Financial Fitness Program
TCF offers quite a few educational resources for customers and consumers to empower them to make strong financial decisions.
Their Financial Fitness Program for Adults is a free online program designed to help adults learn more about managing their money and making viable decisions.
Photo courtesy of: TCF Bank
The program includes over 20 courses which cover credit scores and reports, financing higher education, identity protection, insurance and taxes, mobile payments, mortgages, overdraft, payment types and credit cards, and savings and investments.
Also offered is the TCF Financial Scholars Program for Teens, which offers coursework led by teachers, including six to eight hours of classroom instruction paired with an online learning platform, all specifically designed for high school students.
TCF Bank Review: Savings Accounts
TCF offers two savings account options to meet a variety of needs. These accounts include:
- TCF Power Savings: This account boasts a competitive interest rate and no monthly maintenance fee for account holders who keep a $100 minimum daily balance. An ATM card is included, and account holders can make free withdrawals at TCF ATMs.
- TCF Elite Savings: This offers the highest interest rates on larger account balances, and the $10 monthly maintenance fee is waived for maintaining a $1,000 minimum balance.
In addition to reviewing the above TCF Bank review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking & credit union firms:
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