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): June 22, 2005
(June 23, 2005)
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
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(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
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TrustCo Bank Corp NY
Item 5.02 Departures of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On June 21, 2005, the Company's board of directors appointed
Robert J. McCormick to the board. Mr. McCormick, age 41, has
been president and chief executive officer of the Company
since January 2004, has been an executive officer of the
Company since 2001, and has been president and chief executive
officer of Trustco Bank, the Company's wholly owned
subsidiary, since November 2002. Mr. McCormick will stand for
election at the Company's 2006 annual meeting of shareholders.
There are no arrangements or understandings between Mr.
McCormick and any other person pursuant to which he was
selected to serve on the board of directors, and, currently,
Mr. McCormick has not been named to any committee of the
board. Additional information with respect to Mr. McCormick is
contained in the Company's Annual Report on Form 10-K for the
year ended December 31, 2004, including the portions of the
Company's proxy statement incorporated by reference therein.
As disclosed in the proxy statement, Trustco Bank obtains
legal services from, and pays fees to, a law firm in which
Thomas R. McCormick, the brother of Mr. McCormick, is a
partner. Trustco Bank obtains such services at rates that are
substantially the same as those the firm charges other
clients, and the firm is one of a number of law firms that is
retained by TrustCo to provide legal services to it. Robert J.
McCormick is the son of Robert A. McCormick, the chairman of
TrustCo's board of directors.
A copy of the press release announcing the appointment of
Robert J. McCormick to the Company's board is attached hereto
as Exhibit 99.1 and is incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Reg S-K Exhibit No. Description
99.1 Press release dated June 22, 2005
announcing the appointment of a new
director.
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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: June 22, 2005
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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99.1 Press release dated June 22, 2005 5
announcing the appointment of a
new director.
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Exhibit 99.1
TRUSTCO
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 CORP NY ANNOUNCES APPOINTMENT OF NEW DIRECTOR
Glenville, New York, June 22, 2005 - The Board of Directors announced the
appointment of Robert J. McCormick to the TrustCo Bank Corp NY and Trustco Bank
Board of Directors. Mr. McCormick is President and Chief Executive Officer of
TrustCo Bank Corp NY and Trustco Bank.
TrustCo Bank Corp NY is a $2.8 billion bank holding company, and through its
subsidiary, Trustco Bank, operates 77 bank offices in New York, Vermont, and
Florida. In addition, the bank operates a full service Trust Department. 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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