TCF Financial 8-K Second Quarter 2007 Investor Presentation

Exhibit 99.1

TCF Financial Corporation

Second Quarter 2007 Investor Presentation

The Convenience Franchise

1.)Corporate Profile

At June 30, 2007

•$15 billion financial holding company headquartered in Minnesota

•40th largest U.S. based bank by asset size¹

•446 bank branches, 133 branches opened since January 1, 2002

•25th largest branch network²

•10 campus card banking relationships - 6th largest³

•1,700 ATMs free to TCF customers; 1,201 off-site

•12th largest issuer of VISA^® Classic debit cards⁴

•18th largest bank-owned equipment finance/leasing company in the U.S.⁵

•ROA 1.95%;  ROE 28.08%

•2,428,643 deposit accounts

¹   Source:  CapitalBridge; 3/31/07

²   Source: SNL Financial, LC; 2Q07

³   Source: CR80News 2006 Banking Partner Survey

⁴   Source: VISA; 1Q07; ranked by sales volume

⁵   Source: The Monitor; 7/06

2.)Corporate Profile

•Bank branches located in seven states

	At 6/30/07	At 1/1/02
Traditional	191	134
Supermarket	241	234
Campus	14	7
Total	446	375
	At 6/30/07	At 1/1/02
Minnesota	108	88
Illinois	199	179
Michigan	56	57
Colorado	45	13
Wisconsin	32	33
Indiana	5	5
Arizona	1	—
Total	446	375

3.)What Makes TCF Different

•Convenience

TCF banks a large and diverse customer base by offering a host of convenient banking services:

•Open seven days a week, 364 days/year

•Traditional, supermarket and campus branches

•1,700 free ATMs

•Free debit cards

•No purchase-fee gift cards

•Free coin counting

•TCF_® Totally Free Online banking

•De Novo Expansion

TCF is increasing its market share through de novo expansion:

•Opening new branches

•Arizona

•Starting new businesses

•Offering new products and services

4.)What Makes TCF Different

•Power Assets^® and Power Liabilities^®

Power Assets^® (consumer loans, commercial real estate and business loans, and leasing and equipment finance)

and Power Liabilities^® (checking, savings, money market and certificates of deposit accounts)

are growing and contribute a high percentage of TCF’s profits.

•Credit Quality

TCF is primarily a secured lender, emphasizing credit quality over asset growth.

5.)Share Repurchase Program

•Repurchased 3.5 million shares of common stock during the first six months of 2007 at an average cost of $27.23 per share

•At 6/30/07, 5.8 million shares remain available to purchase under board authorizations

6.)Dividend History

	1997			1998			1999			2000			2001			2002			2003			2004			2005			2006			2007
Dividends Paid	$	.23		$	.31		$	.36		$	.41		$	.50		$	.58		$	.65		$	.75		$	.85		$	.92		$	.485	2
Dividend Payout Ratio:	28		%	35		%	36		%	35		%	37		%	37		%	43		%	40		%	43		%	48		%	43		%

10-year compounded annual growth rate of 17% is the 6th highest among the 50 largest banks in the country ¹

¹        Source:  CapitalBridge

²        Year-to-date

7.)Return of Net Income to Stockholders

($ millions)

	Net		Dividends			Stock								% of Net
	Income		Paid			Repurchase				Total				Income
2003	$	215.9	$	93.0		$		150.4		$		243.4		113	%
2004	255.0		104.0			116.1				220.1				86
2005	265.1		114.5			93.5				208.0				78
2006	244.9		121.4			101.0				222.4				91
2007¹	144.9		63.0			94.2				157.2				108
Total	$	1,125.8	$	495.9		$	555.2			$	1,051.1			93	%
% of net income			44		%	49			%	93			%

¹  Year-to-date

8.)Power Assets

9.)Consumer Home Equity Lending +11%*

($ millions)

	12/03		12/04		12/05		12/06		6/07
Total	$	3,588	$	4,382	$	5,149	$	5,883	$	6,136

*    Twelve-month growth rate

10.)Consumer Home Equity Loans

At June 30, 2007

•79% amortizing loans, 21% lines of credit

•65% are 1st mortgages, 35% are 2nd mortgages

•76% fixed rate and 24% variable rate (prime based)

•Average home value of $242,928¹

•Yield 7.39%

•Over-30-day delinquency rate .46%²

•Net charge-offs: 2007 = .26%³, 2006 = .13%, 2005 = .10%

•Average FICO score 721

¹   Based on most recent appraisal values known to TCF

²   Excludes non-accrual loans

³   Annualized

11.)Commercial Lending

($ millions)

	12/03		12/04		12/05		12/06		6/07
Commercial Business	$	429.4	$	436.7	$	435.2	$	552.0	$	569.1
Commercial Real Estate	1,916.7		2,154.4		2,297.5		2,390.7		2,354.8
Total	$	2,346	$	2,591	$	2,733	$	2,943	$	2,924

12.)Commercial Loans

At June 30, 2007

•Commercial real estate

•25% retail services

•21% apartment loans

•16% office buildings

•Commercial business — $569 million

•Yield 7.30%

•Over-30-day delinquency rate .38%¹

•Net charge-offs/(recoveries): 2007 = .04%², 2006 = .02% , 2005 = (.08)%

•Approximately 98% of all commercial loans secured

•CRE location mix: 93% TCF Markets, 7% Other

¹   Excludes non-accrual loans

²   Annualized

13.)Leasing and Equipment Finance ¹ +14%*

($ millions)

	12/03		12/04		12/05		12/06		6/07
Leasing and Equipment Finance	$	1,162	$	1,389	$	1,560	$	1,899	$	1,987

¹Includes operating leases

*Twelve-month growth rate

14.)Leasing and Equipment Finance

At June 30, 2007

•18th largest bank-owned equipment finance/leasing company in the U.S.¹

•37th largest equipment finance/leasing company in the U.S.²

•Equipment type

•20% specialty vehicle

•16% manufacturing

•18% construction

•16% medical

•12% technology and data processing

•Yield 7.76%

•Uninstalled backlog of $281.6 million; up $31.9 million from year-end 2006

•Over-30-day delinquency rate .58% ³

•Net charge-offs: 2007 = .06%⁴, 2006 = .29%, 2005 = 1.50%⁵

¹Source: The Monitor; 7/06

²Source: The Monitor; 6/07

³Excludes non-accrual loans and leases

⁴Annualized

⁵Net charge-offs excluding leveraged lease were .18%

15.)Allowance for Loan & Lease Losses

($ millions)

	12/03			12/04			12/05			12/06			6/07
Allowance for Loan & Lease Losses	$	72.5		$	75.4		$	55.8		$	58.5		$	66.8
Net Charge-offs (NCO)	$	19.6		$	17.5		$	28.2		$	18.0		$	9.7
As a % of Loans & Leases:
Allowance	.87		%	.80		%	.55		%	.52		%	.58		%
NCO	.24		%	.20		%	.29		%	.17		%	.17		%1
Coverage Ratio	3.7		X	4.3		X	2.0		X	3.3		X	3.4		X1

¹Annualized

16.)Delinquencies (Over 30-Day)¹

(Percent)

($ millions)

	12/03			12/04			12/05			12/06			6/07
Delinquencies	.47		%	.37		%	.43		%	.63		%	.51		%
Delinquencies	$	38.7		$	34.4		$	43.6		$	71.7		$	58.7

¹Excludes non-accrual loans and leases

17.)Non-Performing Assets

($ millions)

	12/03			12/04			12/05			12/06			6/07
Non-Accrual Loans and Leases	$	35.4		$	46.9		$	29.7		$	43.2		$	40.4
Real Estate Owned	33.5			17.2			17.7			22.4			44.8
Total	$	68.9		$	64.1		$	47.4		$	65.6		$	85.2
Reserves/NAs:	205		%	161		%	188		%	136		%	165		%
NPAs/Assets:	.61		%	.52		%	.35		%	.45		%	.57		%

18.)Total Deposits +6%*

Average Balances

($ millions)

	12/03		12/04		12/05		12/06		6/07
Certificates of Deposit	$1,744		$1,494		$1,740		$2,291		$2,520
Money Market	887		764		641		621		607
Savings	2,072		1,936		2,076		2,306		2,407
Checking	3,073		3,582		4,023		4,190		4,196
Total	$7,776		$7,776		$8,480		$9,408		$9,730
Average Rate:	.73	%	.55	%	1.15	%	2.08	%	2.39	%
Number of Deposit Accounts
(in thousands)	2,150		2,216		2,296		2,427		2,429

*Twelve-month growth rate, excluding Michigan deposits sold.

19.)Premier Checking & Savings Deposits + 17%*

Average Balances

($ millions)

	12/31/03			12/31/04			12/31/05			12/31/06			6/30/07
Premier Savings	$	—		$	85		$	427		$	899		$	1,090
Premier Checking	1			199			642			1,001			1,072
Total	$	1		$	284		$	1,069		$	1,900		$	2,162
Average Rate:	1.77		%	1.61		%	2.73		%	3.62		%	3.65		%
1-month LIBOR spread	(.56		)	(.11		)	(.65		)	(1.48		)	(1.67		)

*Twelve-month growth rate.

20.)Small Business Deposits +6%*

($ millions)

	12/03		12/04		12/05		12/06		6/07
Checking Deposits	$	461	$	546	$	607	$	614	$	596
Money Market Deposits	1		17		89		116		145
Total	$	462	$	563	$	696	$	730	$	741
# of Accounts	102,607		113,979		124,145		135,861		138,247

*      Twelve-month growth rate, excluding Michigan deposits sold

21.)Small Business Services and Products

At June 30, 2007

•$596 million in 0% interest checking account deposits

•Small business loans up to $500,000; small business adminstration loans up to $150,000

•103,452 TCF Business Check Cards^SM

•TCF Miles Plus Business Check Card^SM loyalty program

•TCF Personal Pay Day^® - employee benefit package (checking, savings, loan discounts, etc.) through participating businesses

22.)Banking Fees and Other Revenue¹

($ millions)

	2003		2004		2005		2006		2007
First Quarter	$	82.1	$	87.7	$	88.2	$	94.4	$	96.2
Second Quarter	92.8		104.5		100.1		106.7		108.7
Third Quarter	94.3		103.0		104.7		108.2		—
Fourth Quarter	90.6		98.8		100.9		101.3		—
Total	$	360	$	394	$	394	$	411	$	205

¹Consisting of fees and service charges, card revenue, ATM revenue, and investments and insurance revenue

23.)Card Revenue +8%*

($ millions)

	2003			2004			2005			2006			2007
First Quarter	$	13.2		$	13.5		$	17.6		$	21.3		$	23.3
Second Quarter	14.8			16.0			19.8			22.9			24.9
Third Quarter	12.9			16.3			21.0			24.4			—
Fourth Quarter	12.1			17.7			21.4			23.5			—
Total	$	53.0		$	63.5		$	79.8		$	92.1		$	48.2
Sales Volume:	$	3,899		$	4,735		$	5,673		$	6,465		$	3,441	1
Avg. Off-line Interchange Rate:	1.43		%	1.40		%	1.43		%	1.45		%	1.42		% 1

*Year-to-date growth rate (‘07 vs. ‘06)

¹Year-to-date

24.)Card Revenue

•12th largest issuer of VISA^® Classic debit cards¹

•13th largest issuer of VISA^® Commercial debit cards¹

•$3.4 billion in sales volume, up 9.0% ²

•19.1 transactions per month on active cards, up 7.1% ²

¹   Source: VISA; 1Q07; ranked by sales volume

²   Year-to-date

25.)New Branch Expansion

26.)Total New Branches

Branches opened since January 1, 2002

													12/07
	12/02		12/03		12/04		12/05		12/06		6/07		Projected
Supermarket Branches	15		20		31		38		43		46		49
Traditional and Campus Branches	12		26		45		66		80		87		93
Total	27		46		76		104		123		133		142
# of Branches Opened	27		19		30		28		19		11		20
Percent of Total	7	%	11	%	18	%	23	%	27	%	30	%	31	%

27.)New Traditional Branch Model - - Net Income

($ 000s)

	Year of Existence
	1			2			3		4		5		6		7		8		9		10
Net Income1	$	(398	)	$	(113	)	$	35	$	218	$	265	$	371	$	427	$	465	$	587	$	689

Traditional branch capital expenditure $3.7 million

¹   Includes deposits and consumer lending

28.)New Branch Total Deposits +20%*

Branches opened since January 1, 2002

($ millions)

	12/02		12/03		12/04		12/05		12/06		6/07
Deposits	$	45	$	116	$	287	$	782	$	1,076	$	1,226

*   Twelve-month growth rate

29.)New Branch Total Deposit Accounts +37%*

Branches opened since January 1, 2002

(000s)

	12/02		12/03		12/04		12/05		12/06		6/07
Deposit Accounts	$	35	$	67	$	127	$	200	$	290	$	352

*   Twelve-month growth rate

30.)New Branch Banking Fees & Other Revenue¹ +30%*

Branches opened since January 1, 2002

($ millions)

	2002		2003		2004		2005		2006		2007
First Quarter	—		$	1.0	$	3.4	$	7.6	$	11.6	$	15.0
Second Quarter	.1		1.6		6.1		9.9		14.2		18.5
Third Quarter	.3		2.1		7.0		10.9		14.8		—
Fourth Quarter	.7		2.5		7.6		11.3		14.2		—
Total	$	1.1	$	7.2	$	24.1	$	39.7	$	54.8	$	33.5

¹     Consisting of fees and service charges, card revenue, ATM revenue, and investments and insurance revenue

*    Twelve-month growth rate

31.)Campus Banking

At June 30, 2007

•Alliances with the Universities of Minnesota, Michigan and Illinois plus ten other colleges

•Multi-purpose campus card serves as a school identification card, ATM card, library card, security card, health care card, phone card, stored value card for vending machines, laundry, etc.

•Ranked 6th largest in number of campus card banking relationships in the U.S.¹

•112,033 total deposit accounts

•$181 million in total deposits

¹   Source: CR80News 2006 Banking Partner Survey

32.)New Products and Services

•TCF Power Checking^SM

•TCF_® Visa^® Gift Cards

•Merchant Gift Cards

•TCF_® CashRewards^SM Card Loyalty Program

•Electronic Statement Delivery

•TCF Express Check Conversion

•TCF Express Remote Deposit

•Medical Equipment Leasing

33.)Financial Highlights

34.)Financial Highlights

($ millions, except per-share data)

	Year-to-Date
	2007			2006			Change
Net Interest Income	$	272.9		$	266.6		2.4	%
Fees & Other Revenue:
Banking	204.9			201.1			1.9
Other	34.1			37.1			(8.1	)
Total Fees and Other Revenue	239.0			238.2			.3
Gains on Sales of Branches and Real Estate	33.9			2.9			N.M.
Total Non-Interest Income	272.9			241.1			13.2
Total Revenue	$	545.8		$	507.7		7.5
Provision for Credit Losses	18.0			5.3			N.M.
Non-Interest Expense	326.7			321.2			1.7
Net Income	144.9			125.3			15.6
Diluted EPS	$	1.14		$	.96
ROA	1.95		%	1.82		%
ROE	28.08		%	25.80		%

N.M. Not Meaningful.

35.)Power Profits^SM

Average Balance ($ millions)

Profit center net income ($ 000s)

			YTD 2007
	Balance		Net Income		%
Consumer Lending	$	6,019	$	18,976	15	%
Leasing and Equipment Finance	1,859		16,802		14
Commercial Banking		2,919		9,754	8
Total Power Assets®	$	10,797	$	45,532	37	%
Traditional and Campus Branches (205)	$	7,427	$	39,955	32
Supermarket Branches (241)	2,193		19,079		15
Total Power Liabilities®	$	9,620	$	59,034	47	%
Total Power Assets & Liabilities			104,566		84
Equity and Other			19,599		16
Net Income Before Branch Sales			$	124,165	100	%
Michigan Branch Sales	110		20,688
Net Income	$	9,730	$	144,853

36.)Return to Stockholders¹ +18%*

			SNL All
Period Ending	TCF		Bank & Thrift		S&P 500
6/86	$	100.00	$	100.00	$	100.00
6/87	$	85.05	$	110.34	$	128.15
6/88	$	76.64	$	107.02	$	119.30
6/89	$	105.59	$	130.55	$	143.82
6/90	$	76.26	$	119.91	$	167.53
6/91	$	117.56	$	138.76	$	179.92
6/92	$	225.27	$	203.06	$	204.05
6/93	$	295.36	$	244.55	$	231.86
6/94	$	304.72	$	254.81	$	235.12
6/95	$	438.69	$	288.03	$	296.42
6/96	$	627.69	$	387.24	$	373.49
6/97	$	950.69	$	604.53	$	503.09
6/98	$	1,156.51	$	852.23	$	654.83
6/99	$	1,122.13	$	886.04	$	803.84
6/00	$	1,066.08	$	781.22	$	862.11
6/01	$	1,970.79	$	1,010.73	$	734.26
6/02	$	2,136.98	$	990.75	$	602.18
6/03	$	1,784.08	$	1,062.82	$	603.69
6/04	$	2,672.97	$	1,231.18	$	719.06
6/05	$	2,450.77	$	1,318.41	$	764.53
6/06	$	2,590.40	$	1,444.61	$	830.51
6/07	$	2,822.02	$	1,544.43	$	1,001.49

¹    Assumes $100 invested June 18, 1986 with dividends reinvested

*  Annualized return since June 18, 1986

Source: SNL Financial, LC and S&P

37.)Cautionary Statement

This presentation and other reports issued by the Company, including reports filed with the SEC, may contain “forward-looking” statements that deal with future results, plans or performance. In addition, TCF’s management may make such statements orally to the media, or to securities analysts, investors or others. Forward-looking statements deal with matters that do not relate strictly to historical facts. TCF’s future results may differ materially from historical performance and forward-looking statements about TCF’s expected financial results or other plans are subject to a number of risks and uncertainties. These include but are not limited to possible legislative changes and adverse economic, business and competitive developments such as shrinking interest margins; deposit outflows; an inability to increase the number of deposit accounts and the possibility that deposit account losses (fraudulent checks, etc.) may increase; impact of legal, legislative or other changes affecting customer account charges and fee income; reduced demand for financial services and loan and lease products; adverse developments affecting TCF’s supermarket banking relationships or any of the supermarket chains in which TCF maintains supermarket branches; changes in accounting standards or interpretations of existing standards; monetary, fiscal or tax policies of the federal or state governments; including adoption of state legislation that would increase state taxes, adoption of proposed federal legislation reducing interest subsidies and other benefits available to TCF in its education lending programs; adverse findings in tax audits or regulatory examinations; changes in credit and other risks posed by TCF’s loan, lease and investment portfolios, including declines in commercial or  residential real estate values or changes in allowance for loan and lease losses dictated by market conditions or regulatory requirements; imposition of vicarious liability on  TCF as lessor in its leasing operations; denial of insurance coverage for claims made by TCF; technological, computer-related or operational difficulties or loss or theft of information; adverse changes in securities markets; and results of litigation, including reductions in card revenues resulting from litigation brought by various merchants or merchant organizations against Visa; or other significant uncertainties. Investors should consult TCF’s Annual Report on Form 10-K, and Forms 10-Q and 8-K for additional important information about the Company.

38.)Appendix

39.)Diluted EPS

	1997		1998		1999		2000		2001		2002		2003		2004		2005		2006		20071
Diluted EPS	$	.84	$	.88	$	1.00	$	1.17	$	1.35	$	1.58	$	1.53	$	1.86	$	2.00	$	1.90	$	1.14

¹  Year-to-date

40.)Net Income

($ millions)

	2003		2004		2005		2006		20071
First Quarter	$	60.1	$	60.7	$	63.5	$	58.2	$	82.7
Second Quarter	60.3		65.2		70.6		67.1		62.1
Third Quarter	36.0		61.7		65.5		65.9		—
Fourth Quarter	59.5		67.4		65.5		53.7		—
Total	$	216	$	255	$	265	$	245	$	145

¹   Year-to-date

41.)Net Interest Income

($ millions)

	2003			2004			2005			2006			2007
First Quarter	$	122.4		$	118.4		$	129.1		$	131.2		$	135.5
Second Quarter	119.8			122.4			131.3			135.4			137.4
Third Quarter	119.9			124.5			128.1			135.0			—
Fourth Quarter	119.1			126.5			129.3			135.9			—
Total	$	481		$	492		$	518		$	538		$	273
Net Interest Margin:	4.54		%	4.54		%	4.46		%	4.16		%	4.01		%1

¹   Year-to-date (annualized)

42.)Risk-Based Capital

($ millions)

	12/03			12/04			12/05			12/06			6/07
Actual	$	842		$	959		$	1,050		$	1,173		$	1,178
Well Capitalized Requirement	$	785		$	881		$	983		$	1,057		$	1,084
Tier 1:	9.75		%	9.12		%	8.79		%	8.65		%	8.40		%
Total:	10.73		%	10.88		%	10.68		%	11.10		%	10.86		%
Target (10.6%):	$	824		$	934		$	1,042		$	1,120		$	1,149
Excess RBC:	$	57		$	77		$	67		$	116		$	93
Excess Over Target:	$	18		$	25		$	8		$	53		$	28

43.)One Year Interest Rate Gap

($ millions)

	12/03			12/04			12/05			12/06			6/07
Adjusted Gap	$	161		$	585		$	318		$	(630	)	$	(1,191	)
% of Total Assets	1.0		%	4.7		%	2.4		%	(4.3		)%	(8.0		)%

44.)Power Asset Geographic Profile

($ 000s)

			Commercial
	Consumer		Real Estate		Leasing &
	Home Equity		& Commercial		Equipment
At June 30, 2007:	& Other		Business		Finance		Total
Minnesota	$	2,378,279	$	787,232	$	70,466	$	3,235,977
Illinois	1,888,746		640,037		65,594		2,594,377
Michigan	1,072,939		799,059		85,878		1,957,876
Wisconsin	496,215		426,022		37,688		959,925
Colorado	297,240		46,171		34,309		377,720
California	2,352		19,549		252,167		274,068
Florida	6,307		40,466		139,026		185,799
Texas	731		2,526		112,328		115,585
Arizona	10,812		14,906		81,524		107,242
Indiana	20,541		14,477		32,408		67,426
Other	26,905		133,465		1,002,240		1,162,610
Total	$	6,201,067	$	2,923,910	$	1,913,628	$	11,038,605

45.)Consumer Home Equity and Commercial Loans

Quarterly Average Balances

($ millions)

					Change
					Inc./(Dec.)
	6/30/07		6/30/06		$		%
Consumer Home Equity:
Variable-rate	$1,421		$1,689		$(268	)	(16	)%
Yield	8.80	%	8.69	%	11	bps
Fixed-rate	$4,614		$3,721		$893		24	%
Yield	6.97	%	6.80	%	17	bps
Commercial:
Variable-rate	$990		$1,098		$(108	)	(10	)%
Yield	7.70	%	7.56	%	14	bps
Fixed- and adjustable-rate	$1,916		$1,801		$115		6	%
Yield	6.42	%	6.24	%	18	bps

46.)Customer Payment Activity

Transaction Volume

(# millions)

	2007 1	2006 1	% Increase/ Decrease
Checks/ACH	60.3	65.1	(7.5	)%
ATM	15.6	16.5	(5.5	)%
Debit Card Purchases	94.1	86.5	8.8	%

¹   YTD 07 vs. YTD 06

47.)Net Charge-Offs by Business Line

									YTD1
	2003		2004		2005		2006		2007
Consumer home equity	.11	%	.09	%	.10	%	.13	%	.26	%
Total Consumer	.30		.28		.19		.22		.28
Commercial real estate	.07		.02		—		.01		.03
Commercial business	.18		.04		(.51	)	.09		.07
Leasing and equipment finance	.69		.43		1.50	2	.29		.06
Residential real estate	.01		.01		.01		.04		.02
Total	.24		.20		.29		.17		.17

¹   Annualized

²   NCO’s excluding leveraged lease were .18% for 2005

48.)Glossary of Terms

Coverage Ratio

Period-end allowance for loan and lease losses as a multiple of annualized net charge-offs.

Earnings per Share

Net income available to common shareholders divided by weighted-average common and common equivalent shares outstanding during the period (diluted EPS).

Fees and Other Revenue

Non-interest income excluding gains/losses on sales of securities, gains on sales of branches and real estate, gains/losses on termination of debt, title insurance revenues (a business sold in 1999) and certain other businesses.

Net Interest Margin

Annualized net interest income (before provision for credit losses) divided by average interest-earning assets for the period.

Power Assets^®

Higher-yielding consumer, commercial real estate, commercial business, and leasing and equipment finance loans and leases.

Power Liabilities^®

Checking, savings, money market and certificates of deposit.

Return on Average Assets (ROA)

Annualized net income divided by average total assets for the period.

Return on Average Common Equity (ROE)

Annualized net income divided by average common stockholders’ equity for the period.