The University and TCF Financial Corp. have announced that TCF National Bank has been designated the official financial service provider to the Mcard program.
TCF Bank was an ideal fit for the University, said Timothy Slottow, associate vice president for finance. The TCF team aggressively pursued our relationship, demonstrated a high degree of expertise in campus programs, and developed a customized product and service mix that should benefit all members of the University community.
This is a tremendous honor for us and a great business opportunity with over 64,000 prospective customers, said Thomas Wagner, president of TCF Michigan, which has 13 offices in the Ann Arbor area. TCF was chosen because of our deep experience in campus card programs across the country, our unique product line . . . and convenient distribution in the Ann Arbor area.
TCF administers similar card programs at the University of Minnesota, Northern Illinois University, St. Cloud State University and Saginaw Valley State University, according to Wagner.
All students, staff and faculty are eligible to receive an Mcard, which combines such features as identification, library privileges, access to buildings, meal plan information and banking services. Members of the University community also can get discounts on loans, bonus rates on certificates of deposit and other perks from TCF.
TCF is a Minnesota-based financial holding company with $11.8 billion in assets and more than 350 banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana.