TrustCo Bank

From Wikipedia, the free encyclopedia

TrustCo Bank Corp. NY
Type Public (NYSETRST
Founded Upstate New York, (1902)
Headquarters Glenville, New York, U.S.
Key people Robert Joseph McCormick, President, Chief Exec. Officer
Robert Thomas Cushing, Executive VP, Chief Financial Officer
Joseph Anthony Lucarelli, Director, Chairman of Compensation Committee, Pres of Traditional Builders
Industry Banking
Products Financial Services
Revenue $111.7 million USD (2007)
Net income $39.47 million USD (2007)
Website www.trustcobank.com

TrustCo Bank (abbreviation of TrustCo Bank Corp. NY) (NYSETRST) is a commercial bank within the United States. Trustco was founded in New York in 1902 and is now headquartered in Glenville, NY. Trustco has 89 branches within New York State, four in Orlando, Florida, as well as Massachusetts and New Jersey. Presently, Trustco operates under the slogan, "Your Hometown Bank."

[edit] Services

Trustco Bank provides consumer banking services, such as checking and savings accounts, certificates of deposit, and credit cards as well as business solutions.

[edit] Miscellanea

  • Some Trustco Bank branches operate with older procedures; Most transactions (cash included) are often posted at midnight the following day of said transaction. This can be traced to their branches that have yet to be fully moderinized. One can look to the history of Schenectady Trust Company, out of whose branches Trustco now operates.