Federal Reserve Board announces approval of application by Chemical Financial Corporation

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Federal Reserve Board announces approval of application by Chemical Financial Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on July 16, 2019. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Chemical Financial Corporation, Detroit, Michigan, to acquire TCF Financial Corporation, Wayzata, Minnesota, and thereby indirectly acquire its subsidiary bank, TCF National Bank, Sioux Falls, South Dakota.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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