Corporate Sustainability Resources
The 2023 Annual Meeting of Shareholders will be held at the following date, time, and location for shareholders as of the record date:
Date | Thursday May 18, 2023 |
Time: | 10 AM Eastern Time |
Place: | Trustco Bank 6 Metro Park Road Albany, NY 12205 |
Record Date: | March 20, 2023 |
President's Message
Dear Fellow Shareholder,
As we report our financial results for 2022, we reflect on a year during which we celebrated Trustco Bank’s 120th year. While our communities, our customers, and our shareholders celebrated the bank’s history, our team was making history of its own. We grew our core lending business by $294 million – an unprecedented level of growth. We delivered record earnings in each quarter of the year increasing net income after taxes by 22.3% or $13.7 million to $72.5 million for the year. We maintained rock-solid credit quality, holding non-performing loans as a percent of total loans and total assets to a negligible 0.37% and 0.33%, respectively. Our team accomplished all of that while achieving nearly 13% growth in our stock price year over year, in contrast to both our industry and the overall stock market, which contracted in value.
Directions
From the North:
Take Exit 4 on I-87 S toward NY-155 W
Turn left onto NY-155 W (0.3 mi)
Use the middle lane to turn left onto Albany Shaker Rd (0.1 mi)
Use the right 2 lanes to turn right onto Wolf Rd (0.6 mi)
Turn left onto Metro Park Rd (479 ft)
Turn Left into destination
From the South:
Take exit 4 from I-87 N
Turn right onto Wolf Rd (0.5 mi)
Turn left onto Metro Park Rd (479 ft)
Turn Left into destination
From the East and West:
Take exit 24 for I-87 N on I-90
Take exit 1N to merge onto I-87 N toward Albany Int'l Airport/Montreal (3.4 mi)
Take exit 4 from I-87 N
Turn right onto Wolf Rd (0.5 mi)
Turn left onto Metro Park Rd (479 ft)
Turn Left into destination
Meeting Materials
How to vote my shares
1. Go to www.proxyvote.com
2. Enter your control number, found on your proxy card in the space pictured below
3. Make your selection for each proposal. The Board recommends you vote FOR all proposals.
4. Click "Submit"
How to go paperless for future meeting materials
1. Go to www.proxyvote.com
2. Enter your control number, found on your proxy card in the space pictured below:
3. Click "Delivery Settings":
4. Then select "Email", enter your email address, read and accept the terms, then click "Submit":