TCF Financial Corp., Wayzata, and Chemical Financial Corp., Detroit, have received regulatory approval from the Office of the Comptroller of the Currency, putting the two companies a step closer to completing their $3.6 billion merger.
The deal still needs approval from the Board of Governors of the Federal Reserve and to meet other closing conditions. The deal is on pace to close in the third or fourth quarter of 2019.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
