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): November 15, 2005
(November 15, 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 8.01. Other Events
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A press release was issued on November 15, 2005 declaring a
quarterly cash dividend of $0.16 per share, payable January 3,
2006, to the shareholders of record at the close of business
on December 9, 2005. Attached is the press release labeled as
exhibit 99(a).
Item 9.01. Financial Statements & Exhibits
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(c) Exhibits
Reg S-K Exhibit No. Description
99(a) One page press release dated November 15, 2005
declaring a quarterly cash dividend of $0.16
per share, payable January 3, 2006, to the
shareholders of record at the close of business
on December 9, 2005.
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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: November 15, 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(a) One page press release dated 5
November 15, 2005, declaring a
quarterly cash dividend of $0.16 per
share, payable January 3, 2006, to
the shareholders of record at the
close of business on December 9, 2005.
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Exhibit 99(a)
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
Robert M. Leonard
Administrative Vice President
518-381-3693
FOR IMMEDIATE RELEASE:
TRUSTCO INCREASES CASH DIVIDEND
Glenville, New York - November 15, 2005 - Today the Board of Directors of
TrustCo Bank Corp NY declared an increased quarterly cash dividend of $0.16 per
share, payable January 3, 2006, to the shareholders of record at the close of
business on December 9, 2005. The $0.16 cash dividend represents a 7% increase
over the previous quarterly dividend.
Robert J. McCormick, President and Chief Executive Officer stated, "We are
delighted to increase the cash dividend as we continue our longstanding
philosophy of returning excess capital to our shareholders. Based upon our
closing stock price of $12.98 from last night, the increased dividend
represents a yield of 4.93%."
TrustCo is a $2.8 billion bank holding company and through its subsidiary,
Trustco Bank, operates 78 offices in New York, New Jersey, 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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