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UNITED STATES
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): April 11, 2007
TrustCo Bank Corp NY
(Exact name of registrant as specified in its charter)
NEW YORK 0-10592 14-1630287
State or Other Jurisdiction of Commission File No. I.R.S. Employer
Incorporation or Organization Identification Number
5 SARNOWSKI DRIVE, GLENVILLE, NEW YORK 12302
(Address of principal executive offices)
(518) 377-3311
(Registrant's Telephone Number,
Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
(17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
(17 CFR 240.13e-4(c))
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TrustCo Bank Corp NY
Item 8.01. Other Events
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A press release was issued on April 9, 2007 stating US Banker, an
industry publication, listed the top 200 mid-tier banks according
to three year average return on equity for the years ended 2004,
2005 and 2006. TrustCo was ranked 6th. Attached is a copy of the
press release labeled as Exhibit 99(a).
Item 9.01. Financial Statements and Exhibits
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(c) Exhibits
Reg S-K Exhibit No. Description
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99(a) Press release dated April 9, 2007 stating
US Banker, an industry publication,
listed the top 200 mid-tier banks
according to three year average return on
equity for the years ended 2004, 2005 and
2006. TrustCo was ranked 6th.
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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: April 11, 2007
TrustCo Bank Corp NY
(Registrant)
By:/s/ Robert T. Cushing
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Robert T. Cushing
Executive 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
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99(a) Press release dated April 9, 2007 stating 5
US Banker, an industry publication, listed
the top 200 mid-tier banks according to
three year average return on equity for the
years ended 2004, 2005 and 2006. TrustCo
was ranked 6th.
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TRUSTCO Exhibit 99 (a)
Bank Corp NY News Release
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5 Sarnowski Drive, Glenville, New York, 12302
(518) 377-3311 Fax: (518) 381-3668
Subsidiary: Trustco Bank NASDAQ -- TRST
Contact: Robert M. Leonard
Administrative Vice President
(518) 381-3693
FOR IMMEDIATE RELEASE
TrustCo Bank Ranked Six Among 200 For Returns
Glenville, New York - April 9, 2007 TrustCo Bank (Nasdaq: TRST) earned its
place at number six among industry peers in the latest edition of US Banker
magazine, a monthly magazine for financial institution executives, which ranked
the top 200 mid-tier banks according to the institutions' 3-Year average
returns on equity.
"This is an honor that reinforces the strength of our employees' customer
relationships and our financial products, which help people build wealth," said
Robert J. McCormick, CEO and President of Glenville, N.Y. - based TrustCo Bank.
According to US Banker, the top 32 banks boasted three-year average returns on
equity of at least 17 percent. TrustCo Bank's three-year average return on
equity was reported to be 23.66 percent.
US Banker (www.us-banker.com), a monthly magazine published by SourceMedia, is
the leading banking business management magazine, written for those individuals
who are charged with generating greater profits and shareholder value for their
financial institutions. Originally titled United States Investor when it was
launched in 1891, US Banker is the magazine that senior-level industry
executives have turned to for the latest industry coverage for the past 112
years.
TrustCo is a $3.2 billion bank holding company and through its subsidiary,
Trustco Bank, operates 92 offices in New York, New Jersey, Massachusetts,
Vermont, and Florida. In addition, the Bank operates a full service Trust
Department. The common shares of TrustCo are traded on the NASDAQ Global Select
Market under the symbol TRST.
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