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Winthrop Resources Renews HFMA Peer Review Designation

Company Release - 7/17/2018 11:52 AM ET

CHICAGO & MINNETONKA, Minn.--(BUSINESS WIRE)-- The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, Winthrop Resources (Winthrop), a division of TCF Bank and an indirect subsidiary of TCF Financial Corporation (TCF) (NYSE:TCF), has once again achieved the “Peer Reviewed by HFMA®” designation for its healthcare technology financing service. Winthrop provides customized technology leasing services to hospitals, including complete lifecycle management.

“The HFMA Peer Review Designation highlights the quality of our work and Winthrop’s continued commitment to delivering the best possible service to our customers,” said Tim Haugen, senior vice president, healthcare of Winthrop. “This marks our third time receiving the Peer Review Designation. We are pleased to be a part of this process, as it is a critical reflection of our commitment to the marketplace and our clients.”

HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of business solutions used in the healthcare workplace. The rigorous, 11-step process includes a Peer Review panel review comprising current customers, prospects who have not made a purchase and industry experts. The Peer Review status of the healthcare business solution and its performance claims are based on effectiveness, quality and usability, price, value and customer and technical support.

“We’re pleased to have Winthrop renew their HFMA Peer Reviewed designation,” says HFMA president and CEO Joseph J. Fifer, FHFMA, CPA. “The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed healthcare business solution meets an objective, third-party assessment of overall effectiveness, quality, and value."

About HFMA
The Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care.

About TCF
TCF is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2018, TCF had $23 billion in total assets and 318 bank branches in Arizona, Colorado, Illinois, Michigan, Minnesota, South Dakota and Wisconsin providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, please visit tcfbank.com

About Winthrop
Winthrop Resources Corporation is a wholly-owned subsidiary of TCF Bank and provides financial solutions that make how you pay for and use technology a competitive differentiator for your business. Founded in 1982 and one of the largest bank-owned technology finance companies in the U.S., Winthrop serves a growing client base across all industries with custom-crafted lease, utility and as-a-service financial offerings leveraging award-winning client care processes and lifecycle management capabilities.

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TCF Financial Corporation
Media:
Mark Goldman, 952-475-7050
news@tcfbank.com
or
Investors:
Timothy Sedabres, 952-745-2766
investor@tcfbank.com
or
HFMA
Karen Thomas, 708-492-3377
kthomas@hfma.org

Source: TCF Financial Corporation

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