Banking and Financial Services
112 State Street
518.436.9043
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, 53 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, 2019, Trustco Bank' s assets were $5.2 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 April 2018, S&P Global Intelligence rated Trustco Bank the 15th best performing savings bank in the country. Trustco Bank is traded on the NASDAQ under TRST
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.
In these uncertain times, now may be the time to come home to a hometown bank with a history of financial strength. To learn more about our history, we've included a link to a Trustco history booklet.
