TCF Bank announced that Michael B. Hagen has been promoted to Senior Vice President, Director of Illinois Commercial Banking. In this role, Mr. Hagen will be responsible for the overall development and coordination of Commercial Banking within Illinois, including the direct supervisory responsibility for the Commercial Banking Team. He will also focus on planning and implementing an overall Commercial Banking business development plan to drive TCF Bank's long-term business strategy for Illinois.

“I am excited about my opportunity with TCF Commercial Banking and look forward to working with the bank’s group of talented professionals to deliver banking solutions to the Chicago area’s middle market companies,” said Hagen.

Mr. Hagen joined the Commercial Banking group of TCF Bank in November 2012. He previously held the position of Senior Vice President with MB Financial Bank where his focus was establishing new business development initiatives targeting larger middle market companies in the Chicago metropolitan market. Prior to MB Financial Bank, he spent more than 30 years with Bank of America and its predecessors: LaSalle Bank and American National Bank.

Mr. Hagen holds a B.A. from Georgetown University and an M.B.A. from Northwestern University’s Kellogg School of Management. He is also an active board member of Boys Hope Girls Hope of Illinois.

TCF Bank is a wholly-owned subsidiary of TCF Financial Corporation (NYSE: TCB), a Wayzata, Minnesota-based national bank holding company with $18.2 billion in total assets at December 31, 2012. The company has nearly 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states, commercial inventory finance business in the U.S. and Canada, and indirect auto finance business in over 40 states.