Thread regarding TCF Financial Corp. layoffs

Growth in 2020

Yep...

TCF Financial Corporation was a Wayzata, Minnesota-based national bank holding company until 2019, when it was purchased by the Chemical Financial Corporation, which adopted the TCF name.
by
| 1261 views | | 1 reply (December 21, 2019) | Reply
Post ID: @OP+126FYLEm

1 reply

This comment seems half done, just like the digital banking platform. There will likely be growth in expenses as severance will be paid out by end of 2020. There will likely be negative growth in asset size as a bank merger typically loses about 5% of its customer base, more if customer engagement is low. There will be growth in employee frustration trying to do a system conversion in 2020. There will be growth in 2020, just not necessarily in areas that are desireable.

by
| | Reply
Post ID: @wnnr+126FYLEm

Post a reply

: