TrustCo Bank Corp NY - Common Stock (TRST)
Frequently Asked Questions About TrustCo Bank Corp NY - Common Stock (TRST)
Does TrustCo Bank offer online banking services?
Yes, TrustCo Bank offers comprehensive online banking services that enable customers to manage their accounts conveniently. Through the bank's digital banking platform, clients can check balances, transfer funds, pay bills, and access account statements securely. This commitment to technological advancements reflects TrustCo’s dedication to enhancing customer experience.
Has TrustCo Bank Corp NY received any awards?
Yes, TrustCo Bank Corp NY has received various awards and accolades over the years for its exemplary customer service and commitment to community banking. These awards recognize the bank's efforts in areas such as financial education, customer satisfaction, and community involvement, affirming its position as a reputable player in the banking industry.
How can I open an account with TrustCo Bank?
Opening an account with TrustCo Bank is a straightforward process. Prospective customers can visit a local branch to speak with a banking representative or start the application online via the TrustCo Bank website. Required information typically includes personal identification, social security number, and other relevant documentation to ensure a smooth account-opening experience.
How does TrustCo Bank Corp NY support the community?
TrustCo Bank Corp NY engages in various philanthropic activities to support its local communities. The bank participates in initiatives such as financial literacy programs, local sponsorships, and charitable contributions to non-profit organizations. TrustCo’s commitment to community development manifests in efforts to promote economic growth and improve the standard of living in the areas it serves.
How does TrustCo Bank ensure data security?
TrustCo Bank takes data security very seriously and employs advanced technology and protocols to protect customer information. This includes secure online banking services with encryption, regular audits, employee training programs on cybersecurity best practices, and adherence to industry standards and regulations. TrustCo prioritizes customer trust by implementing effective security measures to safeguard sensitive data.
How many branches does TrustCo Bank Corp NY have?
TrustCo Bank Corp NY operates numerous branches across New York, Florida, New Jersey, and Massachusetts. Each branch is designed to provide personalized services and easy access to banking solutions, allowing the bank to effectively serve its diverse customer base in different geographic locations.
Is TrustCo Bank a publicly traded company?
Yes, TrustCo Bank Corp NY is a publicly traded company. It is listed on the NASDAQ stock exchange under the ticker symbol TRST. Being publicly traded allows the company to raise capital for growth and operations while providing investors with the opportunity to buy shares in the bank.
What are the hours of operation for TrustCo Bank branches?
The hours of operation for TrustCo Bank branches typically vary by location. Most branches are open Monday through Friday, with some offering Saturday hours to accommodate customers' needs. For specific hours, customers are encouraged to check the TrustCo website or contact their local branch directly.
What are TrustCo Bank’s core values?
TrustCo Bank's core values include integrity, service excellence, and community engagement. The bank emphasizes honesty and transparency in all its dealings, prioritizes superior customer service, and actively participates in local community initiatives to support social and economic growth. These values guide the bank's operations and interactions with customers.
What does TrustCo Bank Corp NY do?
TrustCo Bank Corp NY is a banking holding company based in Glenville, New York. The company operates primarily through its wholly-owned subsidiary, Trustco Bank. TrustCo offers a range of banking services to individuals and businesses, including savings accounts, checking accounts, loans, and mortgages. The bank focuses on providing personalized and customer-centric services, aiming to create lasting relationships with its clients while promoting community growth.
What is the financial performance of TrustCo Bank Corp NY?
The financial performance of TrustCo Bank Corp NY can be assessed through its quarterly and annual financial statements, which are available to investors and the public. The bank has shown consistent growth in assets, deposits, and earnings over the years, reflecting its strong operational foundation and commitment to prudent financial management. Interested parties can view this information through official reports or financial analysis platforms.
What is the mission statement of TrustCo Bank Corp NY?
TrustCo Bank Corp NY's mission statement focuses on being a trusted financial partner for the communities it serves. The bank strives to provide quality financial services while fostering strong relationships with customers and contributing to the well-being of the communities where it operates. TrustCo aims to balance the pursuit of profit with social responsibility.
What is the significance of the TrustCo Bank name?
The name 'TrustCo' signifies the bank's emphasis on trust and reliability in banking services. It combines the concepts of trust and cooperation, aligning with the company’s mission to foster long-lasting relationships with customers based on honesty and integrity. The name reflects the bank's dedication to being a dependable financial partner.
What is TrustCo Bank’s approach to customer service?
TrustCo Bank prides itself on its customer-centric approach to service. The bank emphasizes building long-term relationships with customers by providing personalized financial solutions and attentive service. TrustCo aims to create a welcoming and supportive banking experience, with trained staff ready to assist customers in navigating their financial journeys.
What services does TrustCo Bank Corp NY offer?
TrustCo Bank Corp NY provides a variety of financial services that include personal banking products such as savings accounts, checking accounts, and certificate of deposits (CDs). It also offers lending services like personal loans, home equity loans, and mortgages. Additionally, the bank supports small businesses through commercial loans and treasury management services, catering to a wide array of financial needs.
What sets TrustCo Bank apart from other banks?
What sets TrustCo Bank apart from other financial institutions is its emphasis on community banking and personalized service. The bank focuses on building relationships with customers and understanding their unique financial needs, which allows for tailored solutions that large, impersonal banks may not offer. TrustCo’s dedication to its communities and customer satisfaction forms the cornerstone of its business philosophy.
What types of loans does TrustCo Bank Corp NY provide?
TrustCo Bank Corp NY offers several types of loans, including personal loans, home equity loans, construction loans, and conventional mortgages. These loan products are designed to meet the diverse needs of customers, whether they are looking to finance a home purchase, undertake home renovations, or manage personal financial needs.
When was TrustCo Bank Corp NY founded?
TrustCo Bank Corp NY was founded in 1902. Initially established to provide local banking services in the upstate New York region, the company has evolved significantly over the years, expanding its reach and services to better serve its customers. Its long history reflects a commitment to community banking and customer service.
Where is TrustCo Bank Corp NY located?
TrustCo Bank Corp NY is headquartered in Glenville, New York. The bank operates numerous branches throughout New York, Massachusetts, New Jersey, and Florida. This geographic presence allows TrustCo to serve a diverse customer base and maintain strong community ties.
Who are the key executives at TrustCo Bank Corp NY?
Key executives at TrustCo Bank Corp NY include the Chief Executive Officer, Chief Financial Officer, and other senior management team members who provide strategic direction and oversight. Information about current executives is often available on the bank's corporate website, highlighting their experience and commitment to the bank's mission and goals.
What is the current price of TrustCo Bank Corp NY - Common Stock?
The current price of TrustCo Bank Corp NY - Common Stock is 28.17
When was TrustCo Bank Corp NY - Common Stock last traded?
The last trade of TrustCo Bank Corp NY - Common Stock was at 4:00 pm EDT on April 7th, 2025
What is the market capitalization of TrustCo Bank Corp NY - Common Stock?
The market capitalization of TrustCo Bank Corp NY - Common Stock is 538.80M
How many shares of TrustCo Bank Corp NY - Common Stock are outstanding?
TrustCo Bank Corp NY - Common Stock has 19.13M shares outstanding.