TCF To Close 37 Branches Inside Chicago Jewel Stores - NBC Chicago
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TCF To Close 37 Branches Inside Chicago Jewel Stores



    TCF National Bank plans to close 37 branch locations inside Jewel-Osco stores in the Chicago area by the end of March, the company announced Wednesday.

    The closures are part of TCF's retail banking realignment and a renewed focus on online banking and expanded ATM locations. The company maintains TCF will continue its partnership with Jewel and keep 118 locations open in grocery stores throughout the area.

    "We determined our customer base at these branches could be served by other nearby TCF locations" Vice Chairman Thomas F. Jasper said, "enabling us to redirect resources to fund our growth initiatives. We are working aggressively to minimize the impact of these changes on our customers and we expect to retain many of the employees impacted by the consolidations after March 2014.”

    TCF also announced it plans to add 52 new ATM machines across the city at Chicago Transit Authority "L" train stations. The changes bring the number of branch locations to 156 and number of ATMs to 270 across the Chicago area.

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    According to Crain's Chicago Business, these are the TCF branches scheduled to close:

    3644 S. Archer Ave., Chicago
    966 Route 59, Antioch
    1400 21st St., Zion
    2401 Route 12, Spring Grove
    3220 Chicago Road, South Chicago Heights
    1276 N. Main St., Crown Point, Ind.
    17705 S. Halsted, Homewood
    747 Indian Boundary Road, Chesterton, Ind.
    805 Joliet St., Dyer, Ind.
    763 E.162nd St., South Holland
    12803 S. Harlem Ave., Palos Heights
    885 E. Belvidere Road, Grayslake
    150 W. Main St., Barrington
    547 W. Liberty St., Wauconda
    4222 Elm St., McHenry
    696 Northwest Hwy, Cary
    145 S. Eastwood Drive, Woodstock
    1501 E. Algonquin Road, Algonquin
    411 N. Greenbay Road, Wilmette
    2031 Main St., Wheaton
    3630 N. Southport Ave., Chicago
    370 N. DesPlaines, Chicago
    119 Randall Road, Batavia
    652 Kirk Road, St. Charles
    375 Randall Road, South Elgin
    177 E. Roosevelt Road, West Chicago
    465 N. Route 47, Sugar Grove
    800 N. Main, Elburn
    220 W. Peace Road, Sycamore
    4650 W. 103rd St., Oak Lawn
    3128 W. 103rd St., Chicago
    234 E. Veterans Parkway, Yorkville
    3795 Orchard, Oswego
    475 N. Nelson Road, New Lenox
    199 Brookforest Ave., Shorewood
    2051 Ridge Rd., Minooka
    2021 E. Laraway, New Lenox