Hoping to draw new investors for its stock and to shed the negative image attached to a savings and loan, TCF Financial Corp. has applied to the Office of the Comptroller of the Currency to convert its four thrift subsidiaries to national banks.

Under the plan, TCF would convert its savings bank charters in Minnesota, Illinois, Michigan, and Wisconsin to commercial bank charters. TCF hopes to have its application approved by the second quarter. The Minneapolis company plans to file applications for bank charters in Ohio and Colorado later. TCF has branches in Ohio through its Michigan bank, and it plans to enter Colorado with supermarket branches next year.

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