TCF Bank 2003 Annual Report Download - page 17

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TCF reflects its commitment to the community by supporting a vari-
ety of nonprofit organizations through volunteer time, management
counsel and grants. This support is concentrated into four categories:
human services, community development, education, and arts/culture.
Additionally, we provide assistance to local organizations supported
by many TCF employees through active volunteerism or service on
boards and committees.
There are a variety of ways local nonprofit organizations receive finan-
cial support from the TCF Foundation, TCF Bank and its employees:
•Branch Funds – Contributions or grants awarded to organizations
located near TCF branches.
•Employee Matching Gifts – Donations contributed by employees,
matched dollar-for-dollar by TCF, to a nonprofit organization of
their choice.
•Employee’s Fund – Funds contributed by employees through payroll
deduction; the Foundation matched these contributions 100 percent.
•TCF Foundation and Corporate Giving – Larger grants and multi-year
commitments awarded to many local and some national organizations.
During the past ten years, TCF has contributed more than $20 million
in grants to charitable organizations. In addition to numerous grants
awarded, we also benefited the community by supporting affordable
housing efforts and assisting with the capitalization of several afford-
able housing loan funds.
TCF is proud of its employees who are striving to make a difference to
those in need and supporting numerous programs vital to the well-
being of our communities.
CORPORATE
PHILOSOPHY
•TCF banks a large and diverse customer base. TCF emphasizes
convenience in banking; we’re open 12 hours a day, seven days a
week, 364 days per year. We provide customers innovative products
through multiple banking channels, including traditional and super-
market branches, TCF EXPRESS TELLER®ATMs, TCF Express Cards,
phone banking and Internet banking.
•TCF operates like a partnership. We’re organized geographically and
by function, with profit center goals and objectives. TCF emphasizes
return on average assets, return on average equity, and earnings per
Supporting the Community At TCF,
we believe that we have a special obligation to local
communities. Through generous gifts of time, talent
and resources, TCF and its employees make a difference
in the neighborhoods we serve.
2003 Annual Report 15