TrustCo Bank Corp NY elected Patricia Kieper-Fusco and Bryan L. Guentner to its Board of Directors on September 15, 2026, with both appointments effective immediately.

The pair was simultaneously elected to the board of directors of Trustco Bank, the company's wholly owned subsidiary. Both directors previously served on the Trustco Bank Advisory Board of Directors.

New directors' profiles

The two appointees bring distinct professional backgrounds to the board:

• Patricia Kieper-Fusco is the President, Chief Executive Officer, and Owner of Fusco Personnel, Inc. of Latham, New York. Her firm provides staffing, recruiting, and search services. She is a member of the board of directors of the Capital Region Chamber of Commerce and a former member of the board of directors of Ronald McDonald Charities of the Capital Region, and is active in numerous other charitable and business-centred groups.

• Bryan L. Guentner is a broker associate with RE/MAX Palm Realty in Sarasota, Florida, and is the former owner and Chief Executive Officer of RE/MAX Platinum Realty, also in Sarasota, Florida. He is the former President of Siesta Key Chamber of Commerce and the Osprey-Nokomis Chamber of Commerce, and holds realtor emeritus status with the National Association of Realtors.

Board composition at a glance

Leadership commentary

Chairman, President, and Chief Executive Officer Robert J. McCormick announced the appointments, stating: "We are very pleased to announce the addition of these two fine business people to our Board. Patty brings experience in the area of human resources — an area of critical importance to every business. Bryan brings vast and deep knowledge of real estate markets on the West Coast of Florida. Trustco Bank has been very successful in that area, and Bryan's experience will serve the bank well."

About TrustCo Bank Corp NY

TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company that, through its subsidiary Trustco Bank, operates 133 offices across New York, New Jersey, Vermont, Massachusetts, and Florida. The bank's Wealth Management Department offers investment services, retirement planning, and trust and estate administration services.

TrustCo Bank Corp NY (NASDAQ: TRST) declared an increased quarterly cash dividend of $0.40 per share, marking a 5.3% increase over the previous amount of $0.38. This adjustment raises the company's annualized dividend payout from $1.52 to $1.60 per share. The Board of Directors announced the decision on August 18, 2026.

The dividend will be payable on October 1, 2026, to shareholders who hold their shares at the close of business on September 4, 2026.

Capital Deployment Strategy

Robert J. McCormick, Chairman, President, and Chief Executive Officer, stated that the company’s earnings and balance sheet management support a capital deployment strategy that enables both a robust repurchase program and the dividend increase. He noted that the dividend payout has contributed to the growth in the company’s share price over the past two years.

McCormick added that the increase is intended to boost the dividend yield, making the stock more attractive to investors. The company expressed optimism that these factors will work together to further increase market capitalization.

Company Profile

TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company. Through its subsidiary, Trustco Bank, it operated 133 offices across New York, New Jersey, Vermont, Massachusetts, and Florida as of July 31, 2026. The Bank’s Wealth Management Department offers investment services, retirement planning, and trust and estate administration services.