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Trustco Bank overview

Industry
Finance
Revenue
Headquarters
Employees
500
Founded in
Website
Organization type
Public
Social media
The mission of Trustco Bank is to be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment. To learn more, click on the links below.
The staff at Trustco Bank come from unusually diverse demographic backgrounds. The company is 60.0% female and 41.1% ethnic minorities. Trustco Bank employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 54.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Trustco Bank seem to be happy. The company has great employee retention with staff members usually staying for 3.6 years.
Based in New York, Trustco Bank is a medium-sized finance company with 500 employees and a revenue of $883.8M.

Trustco Bank's mission statement

To be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment.

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3.0/5

Trustco Bank employee reviews

Based on 2 ratings

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Trustco Bank employee reviews

Trustco Bank employee reviews
3.0/5

Based on 2 ratings

Work at Trustco Bank? Share your experience.
Employee reviews
profile
2.0
A zippia user wrote a review on Feb 2024
Pros of working at Trustco Bank

You can learn a lot and advance quickly if you start from a teller level.

Cons of working at Trustco Bank

Low, low pay. Terrible benefits that cover nothing until you meet a large deductible. Upper management has little regard for employees. Constant turnover. They move everyone around all the time.

Trustco Bank benefits

Bank holidays off.

What do you like best about Trustco Bank's CEO and the leadership team?

The CEO meets with some employees, but that’s all. He doesn’t follow through on his word.

How would you improve Trustco Bank's culture?

Upper management doesn’t even acknowledge teller staff. They need to remember their employees are people and are valuable. So are the customers. Relationships between employees, customers and the bank are important and valuable and need to be respected and protected. They have forgotten that.

How did you prepare for the Trustco Bank interview?

Show up. They don’t pay attention to candidates to see if they are qualified. They look right through you.

How does your compensation at Trustco Bank compare to the industry average?

They are below average. They do not pay well. And your sick time is part of your vacation time.

What's the diversity at Trustco Bank like?

That they do!! There is diversity. 1 point for Trustco. So… that gives them a total of 1… maybe 2 points? No. 1 point.

What brings you the most joy at Trustco Bank?

My coworkers. ( The ones that upper management ignores) and some of the customers that I have made relationships with. Don’t tell Trustco. They’ll move me.

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The team at Trustco Bank

  • The key people at Trustco Bank is Robert Joseph McCormick.
Key people
Robert Joseph McCormick

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Trustco Bank diversity

9.7
Diversity score
We calculated Trustco Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Trustco Bank’s workforce.
Trustco Bank diversity summary. Zippia estimates Trustco Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Trustco Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Trustco Bank's workforce.
  • Trustco Bank has 500 employees.
  • 60% of Trustco Bank employees are women, while 40% are men.
  • The most common ethnicity at Trustco Bank is White (59%).
  • 15% of Trustco Bank employees are Hispanic or Latino.
  • 13% of Trustco Bank employees are Black or African American.
  • The average employee at Trustco Bank makes $42,102 per year.
  • Trustco Bank employees are most likely to be members of the democratic party.
  • Employees at Trustco Bank stay with the company for 3.6 years on average.

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Trustco Bank office locations

Trustco Bank is headquartered in Glenville, NY

Biggest Trustco Bank locations

RankCityJob countAvg. salary
1Albany, NY14$47,911
2Schenectady, NY14$47,697
3Sarasota, FL5$42,757

Trustco Bank financial performance

8.8
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Trustco Bank currently has 883.8M in revenue. Trustco Bank's most recent quarter produced 235.3m (q3'2023).

Highest paying Trustco Bank competitors

Compare Trustco Bank salaries to competitors, including Federal Deposit Insurance, Ocwen Financial, and Hudson City Ban. Employees at Federal Deposit Insurance earn the highest average yearly salary of $71,995. The salaries at Ocwen Financial average $71,710 per year, and the salaries at Hudson City Ban come in at $62,789 per year.
RankCompanyAverage salaryJobs
1$71,9950
2$71,7100
3$62,7890
4$61,1040
5$60,8920
6$60,8900
7$59,1990
8$56,6860
9$47,4430
10$45,8520

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Zippia gives an in-depth look into the details of Trustco Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Trustco Bank. The employee data is based on information from people who have self-reported their past or current employments at Trustco Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Trustco Bank. The data presented on this page does not represent the view of Trustco Bank and its employees or that of Zippia.

Trustco Bank may also be known as or be related to TrustCo Bank, TrustCo Bank Corp NY and Trustco Bank.