TCF National Bank to Settle Related to BSA Matters


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


TCF National Bank (“TCF Bank”), the principal subsidiary of TCF FinancialCorporation (“TCF”) (NYSE: TCB), today announced that it has entered into anagreement with the Office of the Comptroller of the Currency (“OCC”) pursuantto previously disclosed deficiencies in its Bank Secrecy Act (“BSA”)compliance program. TCF Bank previously disclosed that it may incur a civilmoney penalty related to its BSA program. TCF Bank has agreed to payment of acivil money penalty in the amount of $10.0 million, or 6 cents per commonshare in the fourth quarter of 2012. TCF Bank believes that this settlement,along with comprehensive changes it has made to strengthen its BSA complianceprogram, is a significant step towards a satisfactory resolution of its July2010 BSA-related consent order with the OCC.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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