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Trustco Bank has been the low cost provider of high quality products and services since opening for business in 1902 in the upstate town of Schenectady, New York. Throughout this time Trustco Bank has remained true to core banking principles and did not get caught up in any of the latest banking fads that have caused so many other banks to close their doors over the years. In 2002, the company began a large expansion, opening over 80 new branches in Central Florida, Massachusetts, downstate New York, New Jersey, and Vermont.
Today, Trustco Bank has 148 branch locations, 51 of which are in the state of Florida. The Bank believes in old school, personal service and welcomes each customer by name as they enter the branch. Offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. As of December 31, 2020, Trustco Bank's assets were $5.4 Billion. Trustco Bank has paid dividends to its shareholders for over 100 consecutive years, and has remained profitable throughout its history, including the recent financial crisis. In May 2015, SNL Financial rated Trustco Bank the 12th best performing savings bank in the country. Trustco Bank is traded on the NASDAQ under TRST.
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Trustco Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities. ©2021 Trustco Bank, All Rights Reserved. Member FDIC, Equal Housing Lender, NMLS Identifier 474376.
Location: United States, New York, City of Albany
Employees: 501-1000
Phone: 800-670-3110
Total raised: $40M
Founded date: 1902
Funding Rounds 1
Date | Series | Amount | Investors |
05.03.2017 | - | $40M | Helios Inv... |
Mentions in press and media 3
Date | Title | Description | Source |
17.04.2024 | TRUSTCO SECURES INVESTMENT PARTNERSHIP WITH RISKOWITZ VALUE ... | Quinton Zandré van Rooyen, Trustco’s deputy CEO RVF’s proven track record and in-depth understanding... | einpresswi... |
17.03.2023 | TrustCo Bank Corp NY Announces Stock Repurchase Plan | GLENVILLE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY ((TrustCo, NASDAQ:TRST) tod... | einpresswi... |
- | 10 home-improvement financing tips for your next project | Savings is usually the first thing that comes to mind when thinking about how to pay for home improv... | businessin... |