TCF National Bank (TCF Bank), a subsidiary of TCF Financial, has introduced ZEO, a suite of products that offers choice, convenience and control to consumers who want alternative ways to manage their money.
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Available in all 342 TCF branch locations, ZEO’s products and services include a prepaid card, check cashing, a savings account, money orders, as well as Western Union money transfers and bill payment services.
TCF Bank said that non-bank customers can also avail the suite of ZEO products.
The ZEO Prepaid Visa card can be reloaded multiple times and used anywhere Visa is accepted for in-person and online purchases. Cardholders can directly load funds on the ZEO Card which are immediately available for purchases. The bank does not charge any overdraft fees.
TCF Financial CEO Craig Dahl said: "We are excited to introduce ZEO to our customers because they value having a variety of products and services to efficiently manage their finances.
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By GlobalData"ZEO fills a critical and growing need to deliver choice and flexibility when it comes to helping consumers pay their bills and manage their spending.
"Whether it’s through our prepaid card, check cashing, bill payment or money transfer offerings, ZEO broadens consumer access to the banking system and delivers these products and services in the setting of our bank branches."
