TrustCo Bank Corp NY Files 2025 Proxy Statement

TL;DR

TrustCo Bank Corp NY dropped its 2025 proxy statement, shareholders vote soon.

AI Summary

TrustCo Bank Corp NY filed its definitive proxy statement (DEF 14A) on April 1, 2025, for the fiscal year ending December 31, 2024. The filing, designated for the annual meeting on May 20, 2025, outlines the company's governance and shareholder matters. The company is headquartered in Albany, NY, and operates under the Standard Industrial Classification code for Commercial Banks.

Why It Matters

This filing provides shareholders with crucial information regarding voting matters, executive compensation, and board nominations, enabling informed participation in the company's governance.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not inherently indicate new risks.

Key Numbers

• 20250401 — Filing Date (Date the DEF 14A was filed with the SEC.)
• 20250520 — Meeting Date (Date of the shareholder meeting for which this proxy statement is issued.)

Key Players & Entities

• TRUSTCO BANK CORP N Y (company) — Registrant
• 0001140361-25-011573 (filing_id) — Accession Number
• 20250401 (date) — Filing Date
• 20250520 (date) — Meeting Date
• Albany, NY (location) — Company Headquarters

FAQ

From the Filing

0001140361-25-011573.txt : 20250401 0001140361-25-011573.hdr.sgml : 20250401 20250401144744 ACCESSION NUMBER: 0001140361-25-011573 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20250520 FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUSTCO BANK CORP N Y CENTRAL INDEX KEY: 0000357301 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance EIN: 141630287 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-10592 FILM NUMBER: 25798941 BUSINESS ADDRESS: STREET 1: 6 METRO PARK ROAD CITY: ALBANY STATE: NY ZIP: 12205 BUSINESS PHONE: 5183773311 MAIL ADDRESS: STREET 1: 6 METRO PARK ROAD CITY: ALBANY STATE: NY ZIP: 12205 DEF 14A 1 ny20041154x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) Filed by the Registrant ☒    Filed by a party other than the Registrant   ☐ Check the appropriate box:           ☐     Preliminary Proxy Statement   ☐     Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒     Definitive Proxy Statement   ☐     Definitive Additional Materials   ☐     Soliciting Material under §240.14a-12           TrustCo Bank Corp NY (Name of Registrant as Specified In Its Charter)   (Name of Person(s) Filing Proxy Statement, if other than the Registrant)   Payment of Filing Fee (Check all boxes that apply):         ☒     No fee required.                 ☐     Fee paid previously with preliminary materials.                 ☐     Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.         TABLE OF CONTENTS     TABLE OF CONTENTS   5 Sarnowski Drive, Glenville, New York 12302 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Shareholders of TrustCo Bank Corp NY: Notice is hereby given that the Annual Meeting of Shareholders of TrustCo Bank Corp NY (also referred to as “TrustCo” or the “Company”), a New York corporation, will be held at the Trustco Bank Loan Center at 6 Metro Park Road, Albany, New York 12205, on May 20, 2025, at 10:30 AM Eastern Time, for the purpose of considering and voting upon the matters listed below. Directions to the 2025 Annual Meeting are available at www.trustcobank.com/annual-meeting. The Annual Meeting is being held for the purpose of considering and voting on the following matters: • Election of the following directors as proposed by the Nominating and Corporate Governance Committee for terms of office expiring on the date of the 2026 Annual Meeting: Steffani Cotugno, DO; Brian C. Flynn; Lisa M. Lucarelli; Thomas O. Maggs; Anthony J. Marinello, MD, PhD; Robert J. McCormick; Curtis N. Powell; Kimberly A. Russell; and Frank B. Silverman. • A nonbinding advisory resolution on the compensation of TrustCo’s named executive officers. • Ratification of the appointment of Crowe LLP as TrustCo’s independent registered public accounting firm for the year ending December 31, 2025. • Any other business that properly may be brought before the meeting or any adjournment thereof. These items of business are more fully described in the Proxy Statement accompanying this Notice. The Annual Meeting may be adjourned from time to time without notice other than annou