TCF National Bank, founded in 1923 and headquartered in Detroit, Michigan, operates as a key retail banking institution offering a range of financial services to individuals and businesses. The bank provides essential products including personal and business loans, credit cards, mortgages, and a variety of deposit accounts tailored to meet the needs of its diverse clientele.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TCB 4.13% 2029-07-02 USDTCF National Bank | United States | 2029-07-02 | 4.125 | 28.23 |
| TCB 4.60% 2025-02-27 USDTCF National Bank | United States | 2025-02-27 | 4.600 | 0.00 |
| TCB 5.50% 2030-05-06 USDTCF National Bank | United States | 2030-05-06 | 5.500 | 8.52 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
TCF National Bank has actively participated in the bond market since it began issuing bonds in the early 2000s. Its significant bond issuances include multiple tranches of subordinated notes aimed at raising capital for expansion and enhancing liquidity. In recent years, current yields from TCF's bonds have been competitive with industry averages, reflecting the bank's strong credit ratings and robust financial performance. Notably, the bank has consistently included callable features in some of its bond offerings, providing added flexibility in managing interest rate risk. In 2021, TCF completed a significant merger with Huntington Bancshares, leading to a notable increase in its bond issuance in subsequent months to support growth initiatives.