TrustCo Bank Corp NY

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TrustCo Bank Corp NY is a bank holding company headquartered in Glenville, New York. It was founded in 1902 as Schenectady Trust Company and has since grown to become a well-known financial institution in the Northeastern United States. The company operates as the parent company of its primary subsidiary, Trustco Bank, a full-service community bank with over 145 branches across New York, New Jersey, Vermont, Massachusetts, and Florida.
TrustCo Bank Corp NY offers a range of traditional banking products and services, including checking and savings accounts, loans, mortgages, and investment services. The bank also offers online and mobile banking options for customers to manage their accounts anytime, anywhere.
The company's mission is to provide high-quality financial services to individuals, families, and businesses while maintaining strong relationships with its customers and communities. TrustCo Bank Corp NY prides itself on its commitment to customer service and community involvement, with a focus on supporting local charitable organizations and initiatives.
TrustCo Bank Corp NY is publicly traded on the NASDAQ Global Select Market under the ticker symbol TRST. As of 2021, the company has over $5 billion in assets and employs more than 700 people.

TrustCo Bank Corp NY is a family-owned and operated regional bank headquartered in Glenville, New York. It has been in operation since 1902 and has grown into a multi-billion dollar financial institution with more than 140 branches across several states in the Northeastern United States.
Some unique aspects of TrustCo Bank Corp NY include its focus on community banking and commitment to providing personalized and high-quality customer service. The bank also prioritizes local lending, investing in small businesses, and supporting community events and organizations. It has a strong reputation for financial stability and has consistently been recognized for its strong earnings and performance.
TrustCo Bank Corp NY is also known for its conservative approach to banking and has maintained a low-risk profile, allowing it to weather economic downturns and maintain the trust of its customers. Additionally, the bank has a strong culture of employee engagement and development, which has contributed to its success and positive reputation.

TrustCo Bank Corp NY is a bank holding company that operates through its subsidiary, Trustco Bank. Its business model is to provide a range of banking and financial products and services to individual and business customers. This includes various deposit accounts, loans, and investment services. The company also earns income through the interest and fees charged on its loans and services. Its strategy is to focus on developing long-term customer relationships by providing personalized and quality services while maintaining a strong financial position. Additionally, the company aims to grow its business through acquiring small community banks and expanding its branch network.

- TrustCo Bank Corp NY is a publicly traded financial services holding company based in Glenville, New York.
- The company was founded in 1902 as Schenectady Trust Company and later changed its name to TrustCo Bank in 1989.
- TrustCo Bank Corp NY operates 146 banking offices in New York, New Jersey, Vermont, Massachusetts, and Florida.
- The company offers a wide range of financial products and services including deposit accounts, loans, mortgages, and insurance.
- TrustCo Bank Corp NY has been recognized as one of America’s 50 Most Trustworthy Financial Companies by Forbes Magazine.
- The company’s stock is traded on the NASDAQ stock exchange under the ticker symbol TRST.
- In 2019, TrustCo Bank Corp NY was ranked as the third best bank in New York by Forbes Magazine.
- The company had total assets of $5.4 billion as of December 31, 2020.
- TrustCo Bank Corporation’s Chairman, President, and CEO is Robert J. McCormick.
- The company has been committed to supporting the communities it serves through charitable donations and community outreach programs.