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TCF buys a big chunk of deposits from Connecticut bank [Star Tribune, Minneapolis]

June 05, 2012
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SUMMARY:
The Wayzata- based bank announced Monday in a government filing that it has completed its acquisition of $778 million of deposits from Hartford, Conn.- based Prudential Bank& Trust on June 1. Prudential Bank& Trust shed the block of business because it will allow its insurance parent, Prudential Financial, to deregister as a savings-and-loan holding company,...

The full article is available at AnnuityNews.Com.

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