TCF Bank Review: Checking, Savings and CDs

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Overall bank rating

TCF Bank


    NerdWallet rating 

    The bottom line:

    TCF Bank is a regional financial institution with a wide range of products and a relatively small network of branches and ATMs. Though it’s convenient if you live in one of the states TCF serves — Arizona, Colorado, Illinois, Michigan, Minnesota, South Dakota and Wisconsin — rates are low and fees are expensive.

    Best if: You’re looking for free checking and want to stash your savings at the same bank, regardless of how low its rates are.


    • No monthly fees on its basic checking account.
    • Several savings accounts to choose from.


    • Low interest rates on savings accounts and certificates of deposit.
    • Steep $37 overdraft fee charged up to five times per day on most checking accounts.
    • Information such as fees and rates can be hard to find on its website.


    NerdWallet’s overall ratings for banks and credit unions are weighted averages of several categories: checking, savings, certificates of deposit or credit union share certificates, banking experience and overdraft fees. Factors we consider, depending on the category, include rates and fees, ATM and branch access, account features and limits, user-facing technology, customer service and innovation. The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.