TCF Financial Corporation
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Why is it called Chemical Bank&Trust Company?
The bank was reincorporated as a state bank in 1929 under the name Chemical Bank Trust Company because New York State granted broader trust powers than were available to national banks. By then Chemical had 12 branches in Brooklyn and Manhattan, and in 1929 it opened its first overseas office, in London.
What happened to 鈥淐hemical Bank鈥?
Over the weekend, you might have noticed the white 鈥淐hemical Bank鈥?banners were removed from signs, revealing the outward integration of the brand into what is now TCF Bank.
What happened to TCF Financial and Chemical Bank?
The major banking news comes nearly two years after TCF Financial, which had been based in Wayzata, Minn., and the Michigan-based Chemical Bank announced a $3.6 billion deal. Chemical Bank had a long history in Midland but moved its headquarters to Detroit in July 2018.
What is the Chemical Banking Corporation?
The Chemical Banking Corporation, a multibillion dollar bank holding company, began as a division of a New York City chemical manufacturer during the early 19th century.