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                       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): November 19, 1997
                                                 (November 18, 1997)
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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.)

         -------------------------------------------------------------
                 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

                  A press  release was issued on November 18, 1997,  declaring a
                  quarterly cash dividend of $0.275 per share,  payable  January
                  2,  1998.  Attached  is the press  release  labeled as exhibit
                  99(a).



Item 7.           Exhibits             


                  Reg S-K Exhibit No.    Description
                  99(a)                  Press release dated November 18, 1997,
                                         declaring a quarterly cash dividend of
                                         $0.275 per share, payable January 2,
                                         1998.











                                     Page 2





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: November 19, 1997

                                       TrustCo Bank Corp NY
                                       (Registrant)


                                       By: /s/Robert T. Cushing
                                           --------------------
                                           Robert T. Cushing
                                           Vice President and
                                           Chief Financial Officer

                                                             Page 3






                                                        Exhibits Index


The following exhibits are filed herewith:


Reg S-K Exhibit No.       Description                                     Page
- ------------------        -----------------------------                 ------
         99(a)            Press release dated November 18, 1997,           5
                          declaring quarterly cash dividend of $0.275
                          per share, payable January 2, 1998.




                                     Page 4




                                                     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
                    William F. Terry
                    Senior Vice President and Secretary
                    518-381-3611


FOR IMMEDIATE RELEASE:


                         TRUSTCO DECLARES CASH DIVIDEND

Schenectady, New York - November 18, 1997


On November 18, 1997 the Board of Directors of the Company  declared a quarterly
dividend of $0.275 per share,  payable  January 2, 1998, to the  shareholders of
record at the close of business on December 5, 1997.

TrustCo is a $2.3 billion bank holding company and through its subsidiary  bank,
Trustco  Bank,  National  Association,  operates  51  bank  offices  in  Albany,
Columbia,  Greene,  Rensselaer,  Saratoga,  Schenectady,  Warren, and Washington
counties.  In addition,  the bank operates a full service Trust  Department with
$1.06  billion of assets  under  management.  The common  shares of TrustCo  are
traded on the Nasdaq  National  Market tier of the Nasdaq Stock Market under the
symbol TRST.




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