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TCF Bank is a full-service operation based in Detroit, with the bulk of its 500 branches located in Michigan, Minnesota and Illinois, though it also has locations in Arizona, Colorado, Ohio, South ...
Top CD rates will likely continue to decrease slightly, leading up to the Fed’s next rate announcement on Sept. 18. Should the Fed decrease its benchmark rate at that time, expect further decreases.
Best CD rates today: Put more money in your pocket with high-yield CDs of 12+ months — June 7, 2024
In 1995, TCF acquired Great Lakes National Bank. [2] In 1997, the bank acquired Winthrop Resources Corporation in a $321 million transaction. [3] In 2002, the University of Michigan selected TCF as a preferred provider of banking services to students, faculty, and staff. The University terminated this agreement in 2015.
There's still time to take advantage of today's best CD rates — with digital banks and online accounts offering yields that can outpace inflation by up to 2 percentage points.
A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.
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