TCF National Bank has completed its acquisition of Rubicon Mortgage Advisors and will now begin marketing its newly formed home loans business
TCF National Bank has completed its acquisition of Rubicon Mortgage Advisors and will now begin marketing its newly formed home loans business.
The deal, reported by MPA in October, means that the residential mortgage lender with offices in Minnesota and North Dakota is now part of TCF Bank, which will market its residential first mortgage program as TCF Home Loans in the consumer market.
Former president of Rubicon, Brian Call, will lead the TCF Home Loans team as managing director.
Michael S. Jones, executive president of consumer banking at TCF says that the addition of mortgage professionals from Rubicon means additional scale and capabilities for the home loans business.
“Our focus in retail banking continues to be on providing our customers with the products, expertise and service to help them in every stage of their financial life. As TCF Home Loans, we look forward to broadening the products and services we offer and putting our deep expertise and mortgage industry relationships to work on behalf of customers and consumers,” Jones said.
Rubicon was founded in 2006 by Brian Call. No financial details of the acquisition by TCF Bank have been disclosed.
The deal, reported by MPA in October, means that the residential mortgage lender with offices in Minnesota and North Dakota is now part of TCF Bank, which will market its residential first mortgage program as TCF Home Loans in the consumer market.
Former president of Rubicon, Brian Call, will lead the TCF Home Loans team as managing director.
Michael S. Jones, executive president of consumer banking at TCF says that the addition of mortgage professionals from Rubicon means additional scale and capabilities for the home loans business.
“Our focus in retail banking continues to be on providing our customers with the products, expertise and service to help them in every stage of their financial life. As TCF Home Loans, we look forward to broadening the products and services we offer and putting our deep expertise and mortgage industry relationships to work on behalf of customers and consumers,” Jones said.
Rubicon was founded in 2006 by Brian Call. No financial details of the acquisition by TCF Bank have been disclosed.
