TCF Bank commits to $100,000 match incentive towards Henry Ford Health System’s COVID-19 Emergency Needs Fund

DETROIT – TCF Bank, in its efforts to provide crucial support to Detroit’s frontline health care workers during this unprecedented global pandemic, recently created a $100,000 match incentive program in collaboration with Henry Ford Health System’s COVID-19 Emergency Needs Fund. 

For TCF Bank, supporting and strengthening the communities it serves has always been the bank’s purpose. The challenges being faced today by local hospital workers are straining even the most prepared plans for health epidemics of this type. Detroit’s health systems are the backbone in the fight against this deadly virus, and TCF Bank leadership wanted to make a financial commitment that could have a meaningful impact in this fight to help Detroiters prevail against a common enemy. By offering the match incentive, it is hoped other businesses and individuals, who have the financial strength to do so, will donate what they can afford during these unsettling and uncertain times. 

“Our hospital workers and first responders need immediate support to keep our community safe and strong,” said Gary Torgow, TCF Financial Corp Chairman. “Our support for the COVID-19 Emergency Needs Fund, together with other individuals and businesses, will boost the amazing efforts of those who are putting their lives on the line for the benefit of us all.”

The Henry Ford Health System COVID-19 Emergency Needs Fund is providing vital resources where they are needed most on the front lines in caring for patients while also supporting team members at Henry Ford Health System facilities. Emergency funds are also being deployed to advance the development of new protocols, diagnostics and treatments critical to addressing and stopping the spread of COVID-19.

“Having been an essential part of our community for more than 100 years, we know the value partnerships have on making a meaningful impact on the health of our communities,” said Wright Lassiter, III, president and CEO of Henry Ford Health System. “It is more important than ever for us to come together to fight this pandemic and TCF’s generosity will help us advance that mission.” 

As the COVID-19 pandemic continues to evolve, healthcare facilities across the country must adapt and overcome new challenges. For Henry Ford Health System, support from businesses and members of the community is a critical part of responding to this need in the most effective ways possible.

“We are grateful and inspired by the outpouring of support from our communities, which has included donated medical supplies, meals, equipment and more. Now the impact of these efforts will be amplified with this incredible match from TCF Bank and will help us to more rapidly address this evolving crisis,” said Mary Jane Vogt, chief development officer for Henry Ford Health System. 

Anyone wanting to make a gift, knowing that their impact will be doubled, can visit: henryford.com/donatecovid19. 

About TCF Financial Corporation 
TCF Financial Corporation (NASDAQ: TCF) is a Detroit, Michigan-based financial holding company with $46 billion in total assets and a top 10 deposit market share in the Midwest. TCF’s primary banking subsidiary, TCF National Bank, is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. TCF has more than 500 branches primarily located in Michigan, Illinois and Minnesota with additional locations in Arizona, Colorado, Indiana, Ohio, South Dakota and Wisconsin. TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. For more information, visit tcfbank.com. 

About Henry Ford Health System: 
Under the leadership of President and CEO Wright L. Lassiter, III, Henry Ford Health System is a $6.5 billion integrated health system comprised of six hospitals, a health plan, and 250+ sites including medical centers, walk-in and urgent care clinics, pharmacy, eye care facilities and other healthcare retail.

Established in 1915 by auto industry pioneer Henry Ford, the health system now has 32,000 employees and remains home to the 1,900-member Henry Ford Medical Group, one of the nation’s oldest physician groups. An additional 2,200 physicians are also affiliated with the health system through the Henry Ford Physician Network.

Henry Ford is also one of the region’s major academic medical centers, receiving more than $90 million in annual research funding and remaining Michigan’s fourth largest NIH-funded institution. Also an active participant in medical education and training, the health system has trained nearly 40% of physicians currently practicing in the state and also provides education and training for other health professionals including nurses, pharmacists, radiology and respiratory technicians.

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MEDIA CONTACTS:
Jeff Adkins / (586) 307-2027 / jadkins6@hfhs.org (media)
Tom Wennerberg / (248) 498-2872 / news@tcfbank.com (media)
Timothy Sedabres / (952) 745-2766 / investor@tcfbank.com (investors)