TCF Bank 2006 Annual Report Download - page 18

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We believe TCF has a special obligation
to its communities. This commitment
is demonstrated by supporting a vari-
ety of nonprofit organizations through
volunteer time, counsel, board repre-
sentation and financial contributions
for key projects or operations.
The TCF Foundation supports the idea
that all children have the right to a
good education. Since 1987, TCF has
worked with select inner-city schools
with much success. High school enroll-
ment and attendance has improved
and we have seen the test scores of
the elementary schools go up to the
point of being equal to those of the
suburban located schools.
TCF also focuses on the higher educa-
tion scholarship needs of our commu-
nities and employees. Last year, TCF
granted more than $300,000 to local
colleges and universities to directly
assist in tuition cost of their students.
In a move to bring Gopher football
back to the University of Minnesota’s
campus, TCF announced a $35 million
multiyear corporate sponsorship for
a new stadium. “TCF Bank Stadium™”
adds to a long-running relationship
between TCF and the University of
Minnesota. Since 1995, TCF has been
the exclusive provider of banking serv-
ices tied to a campus card – called the
U Card – at the University’s Twin Cities
and Duluth campuses. TCF is also the
official financial service provider to
the campus card program (the Mcard)
at the University of Michigan.
During 2006, TCF contributed $3 mil-
lion to charitable organizations in
education, human services, community
development, and the arts. In addition,
numerous TCF employees generously
gave their time by volunteering and/or
providing leadership to local nonprofit
organizations. TCF continues to make
a difference for people in need, and
over the past ten years, has contributed
more than $24 million in grants to
deserving organizations.
There are a variety of ways local non-
profit organizations receive financial
support from the TCF Foundation,
TCF Bank®and its employees:
• Branch Funds – Contributions or
grants are awarded to organizations
located near TCF branches.
• Employee Matching Gifts – Donations
contributed by employees to nonprofit
organizations of their choice are
matched dollar-for-dollar by TCF.
• Employee’s Fund – Funds contributed
by employees through payroll deduc-
tion; contributions are matched 100
percent by the TCF Foundation.
• TCF Foundation and Corporate Giving –
Larger grants and multiyear commit-
ments awarded to local and some
national organizations.
Each year, TCF employees create and
organize an internal March of Dimes®
campaign, raising money to prevent
birth defects and infant mortality. In
2006, TCF employees raised $430,000,
supporting the mission of the March
of Dimes.
TCF would like to take this opportunity
to give a special thank you to all our
employees who are serving, or who have
recently served, in the armed forces.
16 TCF Financial Corporation and Subsidiaries
TCF Community Relations
Building strong communities
Building strong communities