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TCF Bank Closings to Hit Tri-Cities Branch Offices

The bank announced it will close 37 branches in Jewel-Osco stores are the Chicago area, including Wheaton, St. Charles, Batavia, West Chicago, South Elgin and Elburn.

TCF National Bank will close 37 branch banks in Chicago-area Jewel-Osco stores, including six in the Wheaton and the Tri-Cities areas. | Credit: Patch file
TCF National Bank will close 37 branch banks in Chicago-area Jewel-Osco stores, including six in the Wheaton and the Tri-Cities areas. | Credit: Patch file

TCF National Bank’s plans to close 37 of its branches at Chicago-area Jewel-Osco will include at least six locations in Wheaton and the Tri-Cities area, Crain’s Chicago Business reports.


Crain’s says the move is one of the largest such local consolidations in recent memory and that Minnesota-based TCF intends to close the in-store locations by the end of March.


The publication quoted TCF Vice President Thomas Jasper as saying more branch consolidation may occur down the road its as customers migrate toward mobile applications and ATMs for to make basic transactions.


“Within all of TCF's branches, customer behavior is changing,” he told Crain’s. “Clearly, there are fewer visits in all of our branches than there used to be.”


The Wheaton and Tri-Cities area locations slates to close, according to Crain’s, include ones at Jewel-Osco stores at:


  • 2031 Main St., Wheaton

  • 119 Randall Road, Batavia

  • 652 Kirk Road, St. Charles

  • 375 Randall Road, South Elgin

  • 177 E. Roosevelt Road, West Chicago

  • 800 N. Main, Elburn


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