________________________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): December 4, 2000
(December 5, 2000)
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TRUSTCO BANK CORP NY
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
0-10592 14-1630287
__________________________ ________________________________
(Commission File Number) (IRS Employer Identification No.)
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192 Erie Boulevard, Schenectady, New York 12305
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (518) 377-3311
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TRUSTCO BANK CORP NY
Item 5. OTHER EVENTS
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A press advisory was issued on December 4, 2000, declaring
the Milton Office of Trustco Bank N.A.'s Grand Opening
is scheduled to take place Wednesday, December 6 thru
Saturday December 23, 2000. Attached is the press advisory
labeled as exhibit 99(a).
A press release was issued on December 5, 2000 declaring
TrustCo Bank Corp NY was ranked 10th best for efficiency
ratio among the 500 largest United States Bank Holding
Companies in the November 14, 2000 issue of The American
Banker. Attached is the press release labeled as exhibit 99(b).
Item 7 (c) Exhibits
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Reg S-K Exhibit No. Description
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99(a) Press advisory dated December 4, 2000
declaring the Milton Office of Trustco
Bank N.A.'s Grand Opening is scheduled
to take place Wednesday, December 6
thru Saturday, December 23, 2000.
99(b) Press release dated December 5, 2000
declaring TrustCo Bank Corp NY was
ranked 10th best for efficiency ratio
among the 500 largest United States
Bank Holding Companies in the
November 14, 2000 issue of The American
Banker.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: December 5, 2000
TrustCo Bank Corp NY
(Registrant)
By:/s/ Robert T. Cushing
-------------------------
Robert T. Cushing
Vice President and
Chief Financial Officer
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Exhibits Index
The following exhibits are filed herewith:
Reg S-K Exhibit No. Description Page
__________________ ____________________________ __________
99(a) Press advisory dated December 4, 5
2000 declaring the Milton Office of
Trustco Bank N.A.'s Grand Opening
is scheduled to take place Wednesday,
December 6 thru Saturday, December
23, 2000.
99(b) Press release dated December 5, 2000 6
declaring TrustCo Bank Corp NY was
ranked 10th best for efficiency ratio among
the 500 largest United States Bank Holding
Companies in the November 14, 2000 issue
of The American Banker.
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Exhibit 99(a)
TRUSTCO
Bank Corp NY News Release
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192 Erie Boulevard, Schenectady, New York, 12305
(518) 377-3311 Fax: (518) 381-3668
Subsidiary: Trustco Bank NASDAQ -- TRST
Trustco Savings Bank
William F. Terry
Senior Vice President and Secretary
518-381-3611
FOR IMMEDIATE RELEASE:
PRESS ADVISORY
TRUSTCO BANK GRAND OPENING IN MILTON
Schenectady, New York - December 4, 2000
THE MILTON OFFICE OF TRUSTCO BANK N.A.'S GRAND OPENING IS SCHEDULED TO TAKE
PLACE WEDNESDAY, DECEMBER 6 THRU SATURDAY, DECEMBER 23, 2000. THE OPENING WILL
CONSIST OF A NUMBER OF SPECIALS INCLUDING A PREMIUM RATE CD OFFER WHEN OPENING A
NEW CHECKING ACCOUNT, GIVEAWAYS, AND REFRESHMENTS. THERE WILL ALSO BE RAFFLES
BEGINNING DECEMBER 9TH FOR A SONY PORTABLE COMPACT DISC PLAYER, ON DECEMBER 16TH
FOR A BLACK & Decker THERMAL CARAFE COFFEE MAKER WITH DIGITAL CLOCK AND TIMER,
AND THE GRAND PRIZE DRAWING ON DECEMBER 23TH FOR A QUASAR 20 INCH TELEVISION
WITH VCR AND REMOTE.
"WE ARE LOOKING FORWARD TO INCREASING OUR PRESENCE WITH ANOTHER BRANCH IN
SARATOGA COUNTY." SAID ROBERT A. MCCORMICK, PRESIDENT AND CEO OF TRUSTCO BANK.
"TRUSTCO IS TAKING THE OPPORTUNITY TO EXPAND OUR BRANCHES TO OFFER MORE
CONVENIENT LOCATIONS AND PERSON-TO-PERSON CUSTOMER SERVICE."
TRUSTCO BANK CORP NY IS A $2.4 BILLION BANK HOLDING COMPANY AND THROUGH ITS TWO
SUBSIDIARY BANKS, TRUSTCO BANK, NATIONAL ASSOCIATION AND TRUSTCO SAVINGS BANK,
OPERATES 54 OFFICES IN ALBANY, COLUMBIA, GREENE, MONTGOMERY, RENSSELAER,
SARATOGA, SCHENECTADY, SCHOHARIE, WARREN, WASHINGTON COUNTIES. IN ADDITION, THE
BANK OPERATES A FULL SERVICE TRUST DEPARTMENT THAT HAS $1.37 BILLION OF ASSETS
UNDER MANAGEMENT. THE COMMON SHARES OF THE TRUSTCO ARE TRADED ON THE NASDAQ
NATIONAL MARKET TIER OF THE NASDAQ STOCK MARKET UNDER THE SYMBOL TRST.
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Exhibit 99(b)
TRUSTCO
Bank Corp NY News Release
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192 Erie Boulevard, Schenectady, New York, 12305
(518) 377-3311 Fax: (518) 381-3668
Subsidiary: Trustco Bank NASDAQ -- TRST
Trustco Savings Bank
William F. Terry
Senior Vice President and Secretary
518-381-3611
FOR IMMEDIATE RELEASE:
TRUSTCO BANK CORP NY RANKED 10TH MOST EFFICIENT
BANK HOLDING COMPANY
Schenectady, New York - December 5, 2000
TrustCo Bank Corp NY was ranked 10th best for efficiency ratio among the
500 largest United States Bank Holding Companies in the November 14, 2000
issue of The American Banker. TrustCo's efficiency ratio was 37.95% as of
June 30, 2000, improved from 40.53% as of June 30, 1999. The efficiency
ratio is an indicator of the cost of operating a company compared to its
total income.
This announcement follows other recent performance recognition for TrustCo,
including a ranking of 22nd among 10,000 U. S. based companies in annual
growth rate of dividends and 12th best in the country for return on equity.
TrustCo is a $2.4 billion bank holding company and through its subsidiary
banks, Trustco Bank, National Association, and Trustco Savings Bank,
operates 54 bank offices in Albany, Columbia, Greene, Montgomery,
Rensselaer, Saratoga, Schenectady, Schoharie, Warren, and Washington
counties. In addition, Trustco Bank, National Association operates a full
service Trust Department with $1.34 billion of assets under management.
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