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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 17, 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 17, 2007 announcing that
Kevin T. Timmons will be joining the Company as Vice
President/Treasurer. 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 17, 2007
announcing that Kevin T. Timmons will
be joining the Company as Vice
President/Treasurer.
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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 17, 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 17, 2007 5-6
announcing that Kevin T. Timmons will
be joining the Company as Vice President/
Treasurer.
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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 Announces New Vice President
Glenville, New York - April 17, 2007 TrustCo Bank Corp NY (TrustCo, Nasdaq:
TRST) is pleased to announce that Kevin T. Timmons will be joining the Company
as Vice President/Treasurer. He will be responsible for certain aspects of the
financial management of the Company. Mr. Timmons brings more than 25 years of
banking and financial industry experience to the Company, including management
roles in both finance and credit. Most recently, Mr. Timmons has earned
recognition as a leading analyst covering the stocks of banks and other
financial services companies, including being named to the Wall Street
Journal's "Best on the Street" ranking of analysis.
Robert J. McCormick, CEO and President of TrustCo noted that Mr. Timmons' broad
experience within the industry and the perspective gained as an industry
analyst are both expected to benefit the Company as it seeks to build upon its
long-term record of strong financial performance.
Mr. Timmons earned his MBA from Fordham University and is a Chartered Financial
Analyst. He resides in Rensselaer County with his wife and four children.
TrustCo Bank Corp is a $3.2 billion bank holding company and through its
subsidiary, Trustco Bank, operates 95 offices in New York, New Jersey, Vermont,
Massachusetts, 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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Except for the historical information contained herein, the matters discussed
in this news release and other information contained in TrustCo's Securities
and Exchange Commission filings may express "forward-looking statements." Those
"forward-looking statements" may involve risk and uncertainties, including
statements containing future events or performance and assumptions and other
statements of historical facts.
TrustCo wishes to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. The following
important factors, among others, in some cases have affected and in the future
could affect TrustCo's actual results, and could cause TrustCo's actual
financial performance to differ materially from that expressed in any
forward-looking statement: (1) credit risk, (2) interest rate risk, (3)
competition, (4) changes in the regulatory environment, and (5) changes in
local market area and general business and economic trends. The foregoing list
should not be construed as exhaustive, and the Company disclaims any obligation
to subsequently revise any forward-looking statements to reflect events or
circumstances after the date of such statements, or to reflect the occurrence
of anticipated or unanticipated events.
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