This low-cost, convenient service is one more reason to bank with TCF, said Brian J. Hurd, TCF Express Trade, Inc. President. TCF Express Trade customers can place stock orders with the assistance of a registered broker for a flat fee of only $30 on market orders up to 5,000 shares. Trades over 5,000 shares cost as little as three cents per share. That is among the lowest commissions anywhere for this kind of service, said Hurd.
A TCF Express Trade account allows customers to buy and sell stocks, bonds, load and no-load mutual funds, and options. Margin lending is also available. In addition to low commissions, the service is intended to reflect TCF’s philosophy of convenient banking. TCF Express Trade accounts can be opened at any of TCF’s 356 branches, or by calling toll-free 866-TCFEXPRESS. Funds can be transferred between a TCF checking or savings account and a TCF Express Trade account by phone. Deposits can be made at any TCF branch location. TCF intends to make available an expanded discount brokerage service in the fall of 2001, which will include online trading and stock research.
Convenience is important to our customers, said Hurd. TCF Express Trade is another reason why TCF is the most convenient bank in the markets we serve.
