Chicago – June 2, 2014 – The Healthcare Financial Management Association (HFMA) today announced that following rigorous review, Winthrop Resources Corporation (Winthrop), a wholly owned business of TCF Financial Corporation (NYSE: TCB), has achieved the "Peer Reviewed by HFMA®" standard for its Healthcare Technology Financing service. This marks the second time that Winthrop has achieved this designation. Winthrop provides customized technology leasing services to hospitals, including complete lifecycle management.

"Winthrop is pleased to earn the HFMA Peer Review Designation once again, further differentiating our business in a crowded market of banks, independent leasing companies and vendor capital finance organizations,” said Brad Swenson, senior vice president of Winthrop. “We firmly believe in the mission of HFMA and we are confident that Winthrop can provide its members with excellent service and value.”

HFMA President and CEO Joseph J. Fifer, FHFMA, CPA added: "We’re pleased to have Winthrop renew their HFMA Peer Reviewed designation. The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed product or service meets an objective third-party assessment of overall effectiveness, quality and value."

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

About HFMA

The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is the indispensable resource for healthcare finance. 

Contact HFMA

Scott Kenemore
(708) 492-3389

About Winthrop Resources Corporation

Since 1982, Winthrop Resources has been providing strategic Technology Financing, Equipment Financing and Asset Lifecycle Management services to companies of all sizes. Winthrop, one of the largest bank-owned technology leasing companies in the U.S., is a part of TCF Financial Corporation (NYSE: TCB). Headquartered in Minnesota, TCF is a national bank holding company with $18.4 billion in total assets as of December 31, 2013 and nearly 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota. TCF provides retail and commercial banking services, and through its subsidiaries also provides commercial leasing and equipment financing in all 50 states, commercial inventory financing in the U.S. and Canada, and indirect auto financing in 45 states.

Contact Winthrop Resources Corporation

Mark Goldman, SVP

(952) 475-7050