Business Details
50+ Years
experience
Your Trusted Partner for Comprehensive Financial Services
Trustco Bank has been a trusted financial institution since 1902, dedicated to providing personalized banking solutions rooted in community values. As an FDIC-insured bank, we combine over a century of experience with modern financial tools to serve individuals and businesses across New York, Florida, and beyond. Our services span residential mortgage lending, deposit accounts, wealth management, and business banking, all supported by a commitment to low-cost, high-quality products. With more than 135 branches and $6.3 billion in assets, we prioritize face-to-face service, financial education, and tailored solutions to help clients achieve their goals.Our leadership team brings decades of expertise in estate planning, investment management, and commercial lending, ensuring clients receive informed guidance. Recognized as a five-star Bauer-rated bank and voted 'Best Bank' by multiple regional publications, we maintain a legacy of stability and customer-centric service. From first-time homebuyers to retirement planning, Trustco Bank remains a hometown bank focused on long-term relationships and community growth.
Services
Mortgage Loans
Home Equity Loans
Business Banking
Wealth Management
Online Banking
Deposit Accounts
Credit Cards
Student Loans
Auto Loans
Estate Planning
Details
- Year established: 1902
Highlights and features
- Over 100 years of experience in community-focused banking.
- Personalized mortgage and loan solutions with no borrower-paid PMI.
- Competitive CD rates and 55,000+ free ATMs nationwide.
- 24/7 online banking with advanced security features.
- Award-winning wealth management and estate planning expertise.
Associations and certifications
- FDIC
What people say
Award-winning customer service
Competitive mortgage rates
Community-focused approach
Personalized financial guidance
Strong local presence
Services
Mortgage Loans
Trustco Bank offers fixed and adjustable-rate mortgages with competitive terms. Services include purchase loans, refinancing, and construction financing. No borrower-paid PMI is required for qualified borrowers. Local underwriting ensures fast decisions and personalized service for homebuyers and builders.
Wealth Management
Comprehensive wealth management includes estate planning, trust administration, and portfolio management. Services cater to retirement planning, asset allocation, and tax-efficient wealth transfer. Personalized guidance from experienced advisors ensures strategies align with long-term financial goals and risk tolerance.
Business Banking
Business solutions feature checking accounts, lending options, and treasury management. Services support startups to large corporations with cash flow management, commercial loans, and retirement plans. Local decision-making and relationship-focused service enhance business financial operations.
Deposit Accounts
FDIC-insured deposit options include checking, savings, CDs, and money market accounts. Features like free ATM access, mobile banking, and competitive interest rates help individuals and businesses manage funds securely and conveniently.
Online Banking
24/7 online access enables account management, bill payments, and fund transfers. Mobile apps support remote check deposits, card controls, and real-time alerts. Enhanced security features protect against fraud while simplifying everyday financial tasks.
People
Patrick J. LaPorta
Administrative Vice President
With over 30 years in estate planning and trust administration, Patrick oversees Trustco Bank's Trust Department. A former attorney specializing in wills and trusts, he holds a law degree from Albany Law School and actively contributes to community organizations like the Sunnyview Foundation.
John Bresonis
Assistant Vice President
John manages Trustco Bank's Trust Department, leveraging 20+ years of banking experience. A CTFA-certified professional with a finance degree from Providence College, he serves on the Schenectady ARC board and focuses on personalized client financial strategies.
Michael D. Bates Sr.
Business Development Officer
Michael leads wealth management initiatives with expertise in trusts and investments. A former mortgage business CEO, he holds multi-state insurance licenses and contributes to local nonprofits like the Shaker Heritage Society, emphasizing community financial education.
Questions
What mortgage options does Trustco offer?
Trustco provides fixed-rate, adjustable-rate (ARM), construction, and refinance mortgages with no borrower-paid PMI for qualified applicants.
How can I access Trustco's online banking?
Enroll through Trustco's website or mobile app to manage accounts, pay bills, and deposit checks remotely with 24/7 access.
Does Trustco offer business banking services?
Yes, Trustco provides business checking, lending, and treasury services tailored to small and large businesses with local decision-making.
What wealth management services are available?
Trustco offers estate planning, trust administration, investment management, and retirement planning with personalized advisor support.
Are Trustco's deposits FDIC insured?
Yes, all Trustco deposit accounts are FDIC-insured up to applicable limits, ensuring fund security for customers.
