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

________________________________________________________________________________
        Date of Report (Date of earliest event reported): August 21, 2001
                                                         (August 21, 2001)
________________________________________________________________________________
                              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.)

  ____________________________________________________________________________
                  5 Sarnowski Drive, Glenville, New York 12302
               (Address of principal executive offices) (Zip Code)



       Registrant's telephone number, including area code: (518) 377-3311







TRUSTCO BANK CORP NY


ITEM 5.        OTHER EVENTS

               A press  release  was  issued on August  21,  2001,  declaring  a
               quarterly  cash dividend of $0.15 per share,  payable  October 1,
               2001, to the  shareholders  of record at the close of business on
               September 7, 2001.  The Company also  announced that its Board of
               Directors  approved a 15% stock split. The additional  shares are
               to be distributed on November 13, 2001 to  shareholders of record
               on October 19,  2001.  Attached is the press  release  labeled as
               exhibit 99(a).




ITEM 7            (c) Exhibits


                  REG S-K EXHIBIT NO.     DESCRIPTION
                  ___________________     ___________
                          99(a)           Press release dated August 21, 2001,
                                          declaring a quarterly  cash dividend
                                          of $0.15 per  share,  payable  October
                                          1, 2001,  to the  shareholders  of
                                          record at the close of business on
                                          September  7, 2001.  The Company  also
                                          announced  that its Board of Directors
                                          approved a 15% stock  split.  The
                                          additional   shares  are  to  be
                                          distributed  on  November  13,  2001
                                          to shareholders of record on October
                                          19, 2001.








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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: August 21, 2001


                                                   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 release dated August 21,                   5
                        2001,   declaring a quarterly cash
                        dividend of $0.15 per share, payable
                        October 1, 2001, to the shareholders
                        of record at the close of business on
                        September 7, 2001.  The Company
                        also announced that its Board of
                        Directors approved a 15% stock split.
                        The additional shares are to be distributed
                        on November 13, 2001 to shareholders
                        of record on October 19, 2001.








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                                                                   Exhibit 99(a)

TRUSTCO
Bank Corp NY                                                        News Release
________________________________________________________________________________
5 Sarnowski Drive, Glenville, New York, 12302
(518) 377-3311   Fax: (518) 381-3668

Subsidiaries:  Trustco Bank                                        NASDAQ - TRST
               Trustco Savings

               John L. Pritchard
               Administrative Vice President
               518-381-3629

                 TRUSTCO DECLARES CASH DIVIDEND AND STOCK SPLIT

FOR IMMEDIATE RELEASE:  Glenville, New York - August 21, 2001

     On August 21,  2001 the Board of  Directors  of  TrustCo  Bank Corp NY (the
     "Company")  declared a quarterly cash dividend of $0.15 per share,  payable
     October 1, 2001,  to  shareholders  of record at the close of  business  on
     September 7, 2001.

     The Company also announced that its Board of Directors approved a 15% stock
     split.  The additional  shares will to be distributed on November 13, 2001,
     to  shareholders  of record at the close  business on October 19, 2001. The
     Board of Directors  also  expressed its intent to maintain the $0.60 annual
     cash dividend per share.

     TrustCo  Bank  Corp  NY is a  two-bank  holding  company  headquartered  in
     Glenville,  New York. The Company"s principal  subsidiaries,  Trustco Bank,
     National Association and Trustco Savings Bank, operate 57 community banking
     offices  offering 38  drive-up  windows and 50  Automatic  Teller  Machines
     throughout their market area. The Company services 10 counties with a broad
     range of community banking services.

     Except  for  the  historical  information  contained  herein,  the  matters
     discussed in this news release and other information contained in TrustCo's
     Securities  and Exchange  Commission  filings may express  "forward-looking
     statements."  Those  "forward-looking  statements"  may  involve  risk  and
     uncertainties, including statements concerning future events or performance
     and  assumptions  and other  statements  that are other than  statements of
     historical  facts.  TrustCo  wishes to caution  readers  not to place undue
     reliance on any forward-looking statements, which speak only as of the date
     made.  Readers are advised that various risk  factors,  including,  but not
     limited to: (1) credit risk, (2) interest rate risk, (3)  competition,  (4)
     changes in the regulatory environment,  and (5) changes in general business
     and economic trends,  could cause the actual results or  circumstances  for
     future periods to differ materially from those anticipated or projected.



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     TrustCo does not undertake,  and  specifically  disclaims any obligation to
     publicly  release  the  results  of any  revisions  that may be made to any
     forward-looking  statements  to reflect  the  occurrence  of  unanticipated
     events or circumstances after the date of such statement.

                                      # # #
















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