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Trustco Bank

Headquarters: 5 Sarnowski Dr.
Glenville, NY 12305
Employees: 554
CEO: Robert McCormick
Stock Symbol: TRST
Website
: http://www.trustcobank.com

Career Site

TrustCo Bank Corp is a savings and loan holding company headquartered in Glenville, NY. The Company
is the largest financial services company headquartered in the Capital Region of New York State and its principal
subsidiary, Trustco Bank.

As of December 31, 2006, it operated 89 automatic teller machines and 90 banking offices in Albany, Columbia, Dutchess, Greene, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington and Westchester counties of New York, Sarasota, Seminole, and Orange counties in Florida; Bennington County in Vermont; and Bergen County in New Jersey.

Trustco has 18 branches in Florida.

At the end of 2006, Trustco had assets of $2.9 billion. It reported total revenues of $184.6 million and net income of $45.3 million.

The company was founded in 1902 and is based in Glenville, NY.

Benefits

Merit Increases
Formal job performance reviews are conducted after six months of employment and each year thereafter. Providing you are performing at an effective level, you will be eligible for a merit increase when your review is administered. Exempt employees will be eligible for yearly merit increases.

Paid Vacation
All employees, both full and part-time, are eligible for two weeks of paid vacation, based on authorized hours upon eligibility.

Holiday Pay
We're a bank! Holiday pay is one of our many perks. All employees, both full and part-time, are immediately eligible for paid holidays. We observe holidays on the Federal Reserve Schedule.

Health Plan
Trustco provides valuable medical benefits to all employees after six months of continuous service. Dental is offered after 6 months of service to all full-time employees. Employees choose the level of coverage that fits their specific needs.

401K Plan
Upon hire, all employees are eligible to participate in our 401(K) plan.

Tuition Reimbursement
Any financial or career-related courses that you enroll in after six months of employment qualify for our tuition reimbursement plan. Simply fill out an application, and send in your grades upon course completion. Full-time employees can receive up to $750 per semester, up to $1,500 per academic year, while part time employees can receive up to $300 per semester, up to $600 per academic year. Reimbursements will be awarded based on grades earned.

Other Benefits
Each of our employees can open a checking account free of monthly service charges, providing the account remains in good standing. Employees are eligible for reduced rates on loans after one year of service, if approved. Life insurance is offered to full time employees after six months of employment at minimal cost.

Updated June 20, 2007

 

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