TrustCo Bank Corp NY is a savings and loan holding company whose principal subsidiary, Trustco Bank, provides a comprehensive range of banking services to individuals and businesses across upstate New York, Florida, and neighboring states. The bank offers deposit products including checking and savings accounts and certificates of deposit, originates residential and commercial real estate loans as well as consumer loans held largely in portfolio, and provides trust and wealth management services through its Financial Services Department. The company generates revenue primarily through interest income on its loan and securities holdings, deposit-based fees and spreads, trust and investment service fees, and dividend income from its real estate investment trust subsidiary, with cash distributions from the bank to the holding company subject to regulatory capital requirements.