BNET Industries
Market Cap:$474.4M
Last Fiscal Year Sales:$189.3M
- Public
- US
Dow Jones Description
The mission of Trustco Bank is to be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment. These days, many people are rediscovering the value of taking a conservative approach with their money. At Trustco Bank, we have been doing just that since 1902. Through changing times, our commitment to careful financial management, high quality lending standards and following prudent investment practices has never wavered. Our focus has always been to provide our customers with community banking solutions that offer superior convenience, value and security.
Number of Employees 756
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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TrustCo Bank's earnings drop 12.5% in 3Q
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TrustCo reports 36% earnings drop in 2Q
News & Analysis
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trustco bank corp. - All News and Analysis
Times Union, Albany, N.Y., Business Briefs Column.
Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Mar. 22--STATE FARM TO SHIFT 276 JOBS TO BALLSTON SPA SITE: State Farm Insurance Cos., the state's second-largest auto insurer, plans to move 276 jobs from New Jersey to its Northeast headquarters in Ballston...
Times Union, Albany, N.Y., Business Briefs Column.
Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Apr. 3--AMERICAN BIO MEDICA SETTLES SUIT OVER LICENSING AGREEMENT: American Bio Medica Corp. has settled the final piece of litigation related to a dispute over a 1992 technology licensing agreement with a Maryland man....
Times Union, Albany, N.Y., Business Briefs Column.
Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Oct. 16--TRUSTCO BANK CORP REPORTS RECORD QUARTER EARNINGS: Despite narrowing interest margins, TrustCo Bank Corp NY posted record third-quarter and year-to-date results on Tuesday. il,4p,6p The two-bank holding company reported $13.3 million...
Glenville, N.Y., Banking Firm Says Objections from Rival Should Not Delay Deal.
By Kevin Harlin, Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Feb. 12--TrustCo Bank Corp NY told the Federal Reserve Bank of New York that its application to acquire up to 9.9 percent of Troy Financial Corp. should not be held up...
Troy, N.Y., Financial Company Reveals Its Big `No' to Glenville-Based Bank.
By Kenneth Aaron, Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Jan. 25--Before announcing in late December that it wanted to amass a 9.9 percent stake in Troy Financial Corp., TrustCo Bank Corp NY proposed buying the whole thing for $28 a share in...
Bank Suitor Pushes Deal for Cohoes, N.Y., Bank, Asks for List of Shareholders.(Knight Ridder/Tribune Business News)
Jul. 18--Ambanc Holding Co. Inc., complaining that its $120 million offer to buy Cohoes Bancorp Inc. is not being taken seriously, wants to step up its pursuit. On Monday, the parent of Mohawk Community Bank asked Cohoes Bancorp to turn over a list of...
Schenectady, N.Y.-Based Bank Files Papers on Merger with Two Area Banks.(Knight Ridder/Tribune Business News)
Jul. 12--TrustCo Bank Corp NY took a formal step Tuesday toward its possible acquisition of Cohoes Savings Bank and Hudson River Bancorp Inc., filing documents with the Securities and Exchange Commission. TrustCo filed SEC documents that will ask Cohoes Savings Bank and Hudson River...
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