Trustco

TrustCo Bank Corp. NY operates as a bank holding company, providing comprehensive personal and business banking solutions through its subsidiary, Trustco Bank. The company offers a wide array of deposit products, including checking, savings, money market, and retirement accounts, alongside diverse lending options such as residential and commercial mortgages, home equity loans, and various consumer and commercial credit facilities. It further extends its capabilities to include asset and wealth management, estate planning, and trust and investment services, all supported by its digital banking infrastructure.

The institution was established in 1902 in Schenectady, New York, later headquartered in Glenville. It emerged from a foundational insight into the necessity of accessible, reliable financial services within local communities, serving as a pillar for economic activity and personal financial growth from its inception. This deep-rooted history reflects a continuous evolution to meet the changing financial needs of its constituents over more than a century.

Trustco Bank primarily serves individuals, partnerships, corporations, and other entities across its operating regions. Its enduring mission is to deliver high-quality financial services efficiently, aiming to be a low-cost provider for its clientele. The company envisions continuing to be a trusted financial partner, fostering economic stability and growth by consistently adapting its offerings to the evolving demands of its diverse customer base.