Tcf bank and consolidating student loans

evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating.Institutions with satisfactory performance will generally receive a rating of three or more stars.

As of December 31, 2017, 0.65 percent of TCF National Bank's loans were noncurrent, meaning they were more than 90 days past due or were in non-accrual status. Banks keep a reserve to deal with troubled assets known as an "allowance for loan and lease losses." Comparing the size of that reserve to the total amount of problematic loans can be a useful indicator when evaluating a bank's ability to manage problem assets.

It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning money, pushing down earnings and increasing the chances of a failure in the future.

TCF National Bank exceeded the national average of 37.49 on Bankrate's test of asset quality, racking up 40 out of a possible 40 points .

TCF National Bank's most recent annualized quarterly return on equity was 11.09 percent, above the national average of 8.10 percent.

The bank recorded net income of 1.1 million on total equity of .58 billion for the twelve months ended December 31, 2017. Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions.

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