2002 Annual Report _  Investing in the Future GLYPH<ornament20> STRATEGIES GLYPH<ornament20> TCF’s 2002 annual report has a new look, but it tells a familiar story. The TCF story is simple – and it is focused on carefully thought out and consistently executed strategies. Simply put, TCF is in the business of banking and we know our business well. Our long-term strategies for growth are somewhat unique among our competitors and they have served and continue to serve TCF, our customers and shareholders well. Planning for Growth TCF’s two powerhouse product lines are our Power Assets (higher- yielding consumer loans, commercial loans and leasing assets) and Power Liabilities (lower-cost checking, savings, money market and certificate of deposit accounts). We depend on these consistent pro- ducers to increase our margins and generate fee income. One of the tenets of TCF’s Power Assets strategy is to lend to customers we know, on a secured basis. Our strong credit quality is evidence that this important strategy is working. TCF has one of the lowest charge-off ratios in the banking industry. Power Liabilities are proven profit drivers at TCF. Unlike many of our competitors, we focus as much on the liability side of the balance sheet as we do on the asset side. Earning one percent on each side of the balance sheet can provide synergistic earnings of greater than two percent in total. TCF’s strategies begin with the premise that every customer is valuable. We are “The Leader in Convenience Banking,” and we use our premier convenience services to attract a large and economically diverse cus- tomer base. Being open seven days a week, longer hours, convenient supermarket branch network, free TCF Check cards, free online banking –all of these services make banking easier and more convenient. TCF provides convenience to our large and growing customer base through de novo expansion – we add new branches where they best sup- port and grow our customer base. At the same time, we are constantly expanding our product lines and cross-selling our customers new prod- ucts and services such as TCF Express Coin Service, Command Protection SM and TCF Express Trade. Each of our many customers contributes incre- mentally to our revenue and in that way, a little number times a big number of customers is a big number. We don’t believe in focusing only on one “profitable”  customer segment.  Every customer is profitable and may become more so over time.  TCF’s superior earnings performance allows us to regularly buy back our own stock. In evaluating potential acquisitions, we look at the stock buyback opportunity as an acquisition alternative that can provide superior results. Investing in our own stock has been good for TCF – and a better investment than many other opportunities. Simple, straightforward and enduring strategies have made TCF one of the top performing banks in the United States. We will continue to focus on these effective strategies in 2003. THE TCF STORY IS SIMPLE – AND IT IS FOCUSED ON CAREFULLY THOUGHT OUT AND CONSISTENTLY EXECUTED STRATEGIES. THESE STRATEGIES HAVE MADE TCF ONE OF THE TOP PERFORMING BANKS IN THE COUNTRY.