TCF Bank 2004 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 2004 TCF Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

16 TCF Financial Corporation and Subsidiaries
12/0412/0312/0212/0112/00
Checking Accounts
(thousands)
1,131
1,249 1,338
1,444
1,535
contributed to this growth. With a focus on secured lending, this port-
folio continues to have strong credit quality and low net charge-offs,
ending the year at .03 percent.
Power Assets and Power Liabilities remain the cornerstone of TCF’s
growth, profitability and success.
Community Giving
TCF is dedicated to improving quality of life within the communities
we serve. We believe that we have a special obligation to local com-
munities that goes beyond simply providing financial services. TCF and
its employees support many local organizations through generous gifts
of time, talent and resources.
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 & cul-
ture. Additionally, we provide assistance to many local organizations
supported by TCF employees through their 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 nonprofit organizations of
their choice.
•Employee’s Fund – Funds contributed by employees through pay-
roll deduction; contributions are matched 100 percent by the
TCF Foundation.
•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 $21 million
in grants to charitable organizations. We have also supported local
affordable housing efforts and assisted with the capitalization of
several affordable housing loan funds.
In June of 2004, TCF received the National Business Partner of the Year
Award from Goodwill Easter Seals. Seven years ago, TCF joined forces
with Goodwill/Easter Seals to develop a program to help give people
with barriers to employment a chance to learn skills for entry-level
work in the banking industry. TCF has since provided more than $300,000
to support Goodwill’s campaigns and its Bank Skills Training Program.
TCF and its employees are dedicated to making a difference to those
in need. We are proud of our investment and will continue to support
numerous programs vital towards improving the well-being of
our communities.