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Thursday, January 7, 2010, 12:13AM ET - U.S. Markets open in 9 hours and 17 minutes. Dow Up 0.02% Nasdaq Down 0.33%
TrustCo Bank Corp. NY (TRST)On Jan 6: 6.09  Down 0.09 (1.46%)  
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TrustCo Bank Corp. NY
5 Sarnowski Drive
Glenville, NY 12305
United States - Map
Phone: 518-377-3311
Fax: 518-381-3839
Web Site: http://www.trustcobank.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:727

BUSINESS SUMMARY 
TrustCo Bank Corp NY operates as the holding company for TrustCo Bank that provides personal and business banking services for individuals, partnerships, and corporations. The company’s deposit products include demand, interest-bearing, checking, savings, money market, certificates of deposit, and time accounts. Its loan products comprise commercial loans, residential mortgage loans, home equity line of credit, and installment loans. The company also serves as the executor of estates and trustee of personal trusts; and provides asset and wealth management services, estate planning and related advice, and custodial services, as well as acts as trustee for various employee benefit plans, and corporate pension and profit sharing trusts. In addition, it operates a real estate investment trust, which acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. As of April 21, 2009, the company operated 126 offices in New York, New Jersey, Vermont, Massachusetts, and Florida. It also operates 125 automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    TrustCo Bank Corp. NY's Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 11.1% of S&P 600 companies and 42.7% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Robert Joseph McCormick , 46
    Chairman, Chief Exec. Officer, Pres, Member of Corp. Governance Committee, Chairman of Trustco Bank, Chief Exec. Officer of Trustco Bank and Pres of Trustco Bank
    $ 722.00K $ 436.00K
    Mr. Robert Thomas Cushing , 54
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Trustco Bank and Exec. VP of Trustco Bank
    $ 579.00K $ 755.00K
    Mr. Joseph Anthony Lucarelli , 69
    Director, Chairman of Compensation Committee, Chairman of Corp. Governance Committee, Member of Audit Committee, Pres of Traditional Builders of Trustco Bank
    $ 123.00KN/A
    Mr. Scott Reynold Salvador , 43
    Chief Banking Officer, Exec. VP, Chief Banking Officer of Trustco Bank and Exec. VP of Trustco Bank
    $ 427.00K $ 57.00K
    Mr. Robert Michael Leonard , 47
    Admin. VP, Assistant Sec., Admin. VP of TrustCo Bank and Assistant Sec. of Trustco Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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