Company
TrustCo Bank Corp NY
Headquarters: Glenville, NY, United States
Founded: Upstate New York, 1902
Employees: 759
CEO: Mr. Robert Joseph McCormick
Market Cap
$529.1 Million
USD as of July 1, 2024
TrustCo Bank Corp NY Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $169.00 B |
| China Merchants Bank | $115.76 B |
| ICICI Bank Limited | $101.49 B |
| Al Rajhi Banking and Investment Corp | $84.87 B |
| DBS Group Holdings Ltd | $79.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
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Stocks & Indices
TrustCo Bank Corp NY has the following listings and related stock indices.
Stock: NASDAQ: TRST wb_incandescent
Product & Services
Financial services Personal Financial Services: Checking Savings Lending • 1st Mortgage • Home Equity Loans • Home Equity Lines of Credit Credit Cards Commercial Financial Services: Checking Loans Loan Alternatives Employee Benefits Overdraft Protection
Key People
Robert J. Mc Cormick, President, Chief Executive Officer Robert T. Cushing, Executive Vice President, Chief Financial Officer Scot R. Salvador, Executive Vice President, Chief Banking Officer Eric W. Schreck, Senior Vice President, Florida Regional President
Financials
Net income: $28.12 million USD (2009)