SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                --------------

                                   FORM 8-K
                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                                March 16, 1997
                      ---------------------------------
                      (Date of earliest event reported)

                           STANDARD FINANCIAL, INC.
            ------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)

         Delaware                    0-24082                 36-3941870
      (State or Other            (Commission File           (IRS Employer
      Jurisdiction of              File Number)             Identification
      Incorporation)                                            Number)

                            800 Burr Ridge Parkway
                          Burr Ridge, Illinois  60521
             --------------------------------------------------
             (Address of Principal Offices, including zip code)

                                (630) 986-4900
             ----------------------------------------------------
             (Registrant's telephone number, including area code)


                           4192 South Archer Avenue
                        Chicago, Illinois  60632-1890
        -------------------------------------------------------------
        (Former name or former address, if changed since last report)



          ITEM 5.   OTHER EVENTS.

               Standard Financial, Inc., a Delaware corporation
          (the "Company"), and TCF Financial Corporation, a
          Delaware corporation ("TCF"), have entered into an
          Agreement and Plan of Reorganization (the "Reorganization
          Agreement"), dated March 16, 1997, providing for the
          combination of the Company and TCF (the "Transaction"). 
          For Company shareholders, the Transaction will be
          structured as a cash election merger in which the holders
          of Company Common Stock will have the right to elect
          cash, TCF Common Stock or a combination thereof, subject
          to certain limitations set forth in the Reorganization
          Agreement.  At the Effective Time of the Transaction,
          each outstanding share of Company Common Stock will be
          converted into TCF Common Stock, cash or a combination
          thereof, based on a value of TCF Common Stock determined
          over the 30 consecutive trading days ending on the
          Determination Date (as that term is defined in the
          Reorganization Agreement).  The Transaction is structured
          to be tax-free to Company shareholders except to the
          extent they receive cash.

               Completion of the Transaction is subject to certain
          conditions, including (i) approval by the shareholders of
          the Company, (ii) approval by the Federal Reserve Board,
          the offices of the Comptroller of Currency, the Office of
          Thrift Supervision and other requisite regulatory
          authorities, (iii) receipt of opinions of counsel for the
          Company and for TCF that the Transaction will be treated,
          for federal income tax purposes, as a tax-free
          reorganization, and (iv) other conditions to closing
          customary in transactions of this type.

               If the Reorganization Agreement is terminated, under
          certain circumstances, the Company would be required to
          pay TCF a cash termination fee of $15 million.

               Certain additional information regarding the
          Transaction is contained in the press release (the "Press
          Release"), dated March 17, 1997.  The Reorganization
          Agreement and Press Release are attached hereto as
          exhibits and incorporated herein by reference.  The
          foregoing summary of such exhibits is qualified in its
          entirety by reference to the complete text of such
          exhibits.

          CAUTIONARY STATEMENT FOR PURPOSES OF THE PRIVATE
          SECURITIES LITIGATION REFORM ACT OF 1995.

               This Current Report, the Press Release attached
          hereto and other written and oral statements made by or
          on behalf of the Company contain, or may contain, certain
          "forward-looking statements," including statements
          concerning plans, objectives and future events or
          performance, and other statements which are other than
          statements of historical fact.  Factors that may cause
          actual results to differ materially from those
          contemplated by such forward-looking statements include,
          but are not limited to, the following: (i) failure to
          fully realize or to realize within the expected time
          frame expected cost savings from the Transaction;
          (ii) lower than expected income or revenues following the
          Transaction, or higher than expected operating costs;
          (iii) a significant increase in competitive pressure in
          the banking and financial services industry;
          (iv) business disruption related to the Transaction (both
          before and after completion); (v) greater than expected
          costs or difficulties related to the integration of the
          management of the Company and TCF; (vi) litigation costs
          and delays caused by litigation; (vii) higher than
          anticipated costs in completing the Transaction;
          (viii) unanticipated regulatory delays or constraints or
          changes in the proposed transaction imposed by regulatory
          authorities; (ix) reduction in interest margins due to
          changes in the interest rate environment; (x) poorer than
          expected general economic conditions, including
          acquisition and growth opportunities, either nationally
          or in the states in which the combined company will be
          doing business; (xi) legislation or regulatory changes
          which adversely affect the businesses in which the
          combined company would be engaged; (xii) a decline in the
          price of TCF Common Stock which permits Standard to elect
          not to proceed with the Transaction; and (xiii) other
          unanticipated occurrences which may delay the
          consummation of the Transaction, increase the costs
          related to the Transaction or decrease the expected
          financial benefits of the Transaction.


          ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

          (c)  Exhibits:

               2.1   Agreement and Plan of Reorganization by and
                     between TCF Financial Corporation and Standard
                     Financial, Inc., dated March 16, 1997

               99.1  Press Release dated March 17, 1997



                                  SIGNATURE

                    Pursuant to the requirements of the Securities
          Exchange Act of 1934, the registrant has duly caused this
          report to be signed on its behalf by the undersigned
          hereunto duly authorized.

                                   STANDARD FINANCIAL, INC.

                                   By: /s/ Randall R. Schwartz      
                                      ------------------------------
                                      Name:  Randall R. Schwartz
                                      Title: Vice President and
                                               General Counsel

          Dated:    March 20, 1997



                                EXHIBIT INDEX

          Exhibit        Description
          -------        -----------
          2.1            Agreement and Plan of Reorganization by
                         and between TCF Financial Corporation and
                         Standard Financial, Inc., dated March 16,
                         1997

          99.1           Press Release dated March 17, 1997
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 8209}]
{"company-data": {"conformed-name": "STANDARD FINANCIAL INC", "cik": "0000920603", "assigned-sic": "6035", "irs-number": "363941870", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-24082", "film-number": "97560436"}, "business-address": {"street1": "4192 SOUTH ARCHER AVE", "city": "CHICAGO", "state": "IL", "zip": "60632", "phone": "3128471140"}, "mail-address": {"street1": "4192 SOUTH ARCHER AVE", "city": "CHICAGO", "state": "IL", "zip": "60632"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                --------------

                                   FORM 8-K
                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                                March 16, 1997
                      ---------------------------------
                      (Date of earliest event reported)

                           STANDARD FINANCIAL, INC.
            ------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)

         Delaware                    0-24082                 36-3941870
      (State or Other            (Commission File           (IRS Employer
      Jurisdiction of              File Number)             Identification
      Incorporation)                                            Number)

                            800 Burr Ridge Parkway
                          Burr Ridge, Illinois  60521
             --------------------------------------------------
             (Address of Principal Offices, including zip code)

                                (630) 986-4900
             ----------------------------------------------------
             (Registrant's telephone number, including area code)

                           4192 South Archer Avenue
                        Chicago, Illinois  60632-1890
        -------------------------------------------------------------
        (Former name or former address, if changed since last report)

          ITEM 5.   OTHER EVENTS.

               Standard Financial, Inc., a Delaware corporation
          (the "Company"), and TCF Financial Corporation, a
          Delaware corporation ("TCF"), have entered into an
          Agreement and Plan of Reorganization (the "Reorganization
          Agreement"), dated March 16, 1997, providing for the
          combination of the Company and TCF (the "Transaction"). 
          For Company shareholders, the Transaction will be
          structured as a cash election merger in which the holders
          of Company Common Stock will have the right to elect
          cash, TCF Common Stock or a combination thereof, subject
          to certain limitations set forth in the Reorganization
          Agreement.  At the Effective Time of the Transaction,
          each outstanding share of Company Common Stock will be
          converted into TCF Common Stock, cash or a combination
          thereof, based on a value of TCF Common Stock determined
          over the 30 consecutive trading days ending on the
          Determination Date (as that term is defined in the
          Reorganization Agreement).  The Transaction is structured
          to be tax-free to Company shareholders except to the
          extent they receive cash.

               Completion of the Transaction is subject to certain
          conditions, including (i) approval by the shareholders of
          the Company, (ii) approval by the Federal Reserve Board,
          the offices of the Comptroller of Currency, the Office of
          Thrift Supervision and other requisite regulatory
          authorities, (iii) receipt of opinions of counsel for the
          Company and for TCF that the Transaction will be treated,
          for federal income tax purposes, as a tax-free
          reorganization, and (iv) other conditions to closing
          customary in transactions of this type.

               If the Reorganization Agreement is terminated, under
          certain circumstances, the Company would be required to
          pay TCF a cash termination fee of $15 million.

               Certain additional information regarding the
          Transaction is contained in the press release (the "Press
          Release"), dated March 17, 1997.  The Reorganization
          Agreement and Press Release are attached hereto as
          exhibits and incorporated herein by reference.  The
          foregoing summary of such exhibits is qualified in its
          entirety by reference to the complete text of such
          exhibits.

          CAUTIONARY STATEMENT FOR PURPOSES OF THE PRIVATE
          SECURITIES LITIGATION REFORM ACT OF 1995.

               This Current Report, the Press Release attached
          hereto and other written and oral statements made by or
          on behalf of the Company contain, or may contain, certain
          "forward-looking statements," including statements
          concerning plans, objectives and future events or
          performance, and other statements which are other than
          statements of historical fact.  Factors that may cause
          actual results to differ materially from those
          contemplated by such forward-looking statements include,
          but are not limited to, the following: (i) failure to
          fully realize or to realize within the expected time
          frame expected cost savings from the Transaction;
          (ii) lower than expected income or revenues following the
          Transaction, or higher than expected operating costs;
          (iii) a significant increase in competitive pressure in
          the banking and financial services industry;
          (iv) business disruption related to the Transaction (both
          before and after completion); (v) greater than expected
          costs or difficulties related to the integration of the
          management of the Company and TCF; (vi) litigation costs
          and delays caused by litigation; (vii) higher than
          anticipated costs in completing the Transaction;
          (viii) unanticipated regulatory delays or constraints or
          changes in the proposed transaction imposed by regulatory
          authorities; (ix) reduction in interest margins due to
          changes in the interest rate environment; (x) poorer than
          expected general economic conditions, including
          acquisition and growth opportunities, either nationally
          or in the states in which the combined company will be
          doing business; (xi) legislation or regulatory changes
          which adversely affect the businesses in which the
          combined company would be engaged; (xii) a decline in the
          price of TCF Common Stock which permits Standard to elect
          not to proceed with the Transaction; and (xiii) other
          unanticipated occurrences which may delay the
          consummation of the Transaction, increase the costs
          related to the Transaction or decrease the expected
          financial benefits of the Transaction.

          ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

          (c)  Exhibits:

               2.1   Agreement and Plan of Reorganization by and
                     between TCF Financial Corporation and Standard
                     Financial, Inc., dated March 16, 1997

               99.1  Press Release dated March 17, 1997

                                  SIGNATURE

                    Pursuant to the requirements of the Securities
          Exchange Act of 1934, the registrant has duly caused this
          report to be signed on its behalf by the undersigned
          hereunto duly authorized.

                                   STANDARD FINANCIAL, INC.

                                   By: /s/ Randall R. Schwartz      
                                      ------------------------------
                                      Name:  Randall R. Schwartz
                                      Title: Vice President and
                                               General Counsel

          Dated:    March 20, 1997

                                EXHIBIT INDEX

          Exhibit        Description
          -------        -----------
          2.1            Agreement and Plan of Reorganization by
                         and between TCF Financial Corporation and
                         Standard Financial, Inc., dated March 16,
                         1997

          99.1           Press Release dated March 17, 1997