Settlement Update: January 4, 2019
On November 16, 2018, the CFPB and the OCC agreed TCF should begin implementing the refund plan. This plan defines how refund payments are distributed and the amounts each eligible current and former account holder are paid.
Current and former customers do not need to take any action.
All eligible current customers received a statement credit to their TCF account in December 2018.
All eligible former customers will be mailed a check in January and February 2019.
If you have questions about the settlement and distribution of refunds, please view the Frequently Asked Questions.