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Trustco Bank Corporation NY - Company Profile Snapshot

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Company Profile: Trustco Bank Corporation NY
Ticker: TRST
Exchanges: NAS
2008 Sales: 189,360,000
Major Industry: Financial
Sub Industry: Savings & Loan
Country: UNITED STATES
Employees: 756

Business Description
Trustco Bank Corporation NY. The Group's principal activity is to provide general commercial banking business to individuals, partnerships, corporations and governments of New York. The Group provides commercial, construction, residential mortgage, home equity lines of credit and installment loans. It also accepts demand, savings, checking accounts, money market accounts and certificates of deposit from customers. Its commercial lending activities are focused on balancing the Company's commitment to meeting the credit needs of businesses in its market area with the necessity of managing its credit risk. During 2008, 17 new branches were added to the franchise. The Group operates 125 automatic teller machines and 124 banking offices in Albany, Columbia, Dutchess, Greene, Orange, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Washington and Westchester counties of New York, Charlotte, Hillsborough, Lake, Orange, Osceola, Polk, Sarasota, Seminole and Volusia counties etc.

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