TCF Bank 2009 Annual Report Download - page 23

2009 Form 10-K : 7
increased regulatory capital requirements, increased loan,
lease and real estate loss reserve requirements, increased
supervisory assessments, activity limitations or other
restrictions that could have an adverse effect on such
institutions, their holding companies or holders of their
debt and equity securities. Various enforcement remedies,
including civil money penalties, may be assessed against
an institution or an institution’s directors, ofcers, employ-
ees, agents or independent contractors. Under the Bank
Secrecy Act, the OCC is obligated to take enforcement
action where it nds a statutory or regulatory violation
that would constitute a program violation. In its examina-
tions of TCF’s compliance with the Bank Secrecy Act, the OCC
has identied instances of non-compliance that constitute
a program violation. The OCC has not yet determined the
type or duration of such enforcement action.
To the extent not subject to preemption by the OCC,
subsidiaries of TCF may also be subject to state and/or
self-regulatory organization licensing, regulation and
examination requirements in connection with certain
insurance activities.
 Permissible
investments by national banks are limited by the National
Bank Act and by rules of the OCC. Non-traditional bank
activities permitted by the Gramm-Leach-Bliley Act will
subject a bank to additional regulatory limitations or
requirements, including a required regulatory capital
deduction and application of transactions with afliates
limitations in connection with such activities.
 TCF is subject to a wide array
of other laws and regulations, including, but not limited
to, usury laws, USA Patriot and Bank Secrecy Acts, the
Community Reinvestment Act and related regulations, the
Equal Credit Opportunity Act and Regulation B, Regulation
D reserve requirements, Electronic Funds Transfer Act and
Regulation E, the Truth-in-Lending Act and Regulation Z,
the Real Estate Settlement Procedures Act and Regulation X,
the Expedited Funds Availability Act and Regulation CC,
and the Truth-in-Savings Act and Regulation DD. TCF is also
subject to laws and regulations that may impose liability
on lenders and owners for clean-up costs and other costs
stemming from hazardous waste located on property
securing real estate loans.
Taxation
 The statute of limitations on TCF’s con-
solidated federal income tax return is closed through 2006.
 TCF and/or its subsidiaries currently le
tax returns in all states which impose corporate income and
franchise taxes and local tax returns in certain cities and
other taxing jurisdictions. TCF’s primary banking activities
are in the states of Minnesota, Illinois, Michigan, Colorado,
Wisconsin, Indiana, Arizona and South Dakota. The methods
of ling, and the methods for calculating taxable and
apportionable income, vary depending upon the laws of the
taxing jurisdiction. See “Risk Factors.”
See “Management’s Discussion and Analysis of Financial
Condition and Results of Operations — Consolidated
Income Statement Analysis — Income Taxes” and Notes 1
and 12 of Notes to Consolidated Financial Statements for
additional information regarding TCF’s income taxes.
Available Information
TCF’s website, ir.tcfbank.com, includes free access to
Company news releases, investor presentations, conference
calls to discuss published nancial results, TCF’s Annual
Report and periodic lings required by the Securities and
Exchange Commission (“SEC”), including annual reports on
Form 10-K, quarterly reports on Form 10-Q, current reports
on Form 8-K and amendments to those reports as soon as
reasonably practicable after electronic ling or furnishing
of such material to the SEC.
TCF’s Compensation/Nominating/Corporate Governance
Committee and Audit Committee charters, Corporate
Governance Guidelines, Codes of Ethics and changes to
Codes of Ethics and information on all TCF’s securities are
also available on this website. Stockholders may request
these documents in print free of charge by contacting the
Corporate Secretary at TCF Financial Corporation, 200 Lake
Street East, Mail Code EX0-03-A, Wayzata, MN 55391-1693.