Trustco Bank Corp NY Announces the Addition of Curtis N. Powell to the Board of Directors and appoints to Audit, Compensation, Compliance, Fiduciary, Nominating and Corporate Governance, and Risk Committees
September 23, 2021 at 05:15 pm
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TrustCo Bank Corp. NY announced that on September 21, 2021 Curtis N. Powell was elected to the Board of Directors of the Company and its subsidiary, Trustco Bank. Mr. Powell is Vice President for Human Resources and Environmental Health, Safety, and Risk Management at Rensselaer Polytechnic Institute in Troy, New York. He has held that position for over twenty years. In that role, he consults regularly with Rensselaer’s president regarding strategic human capital, operational, and risk management planning. He is a member of the Rensselaer president’s cabinet and has oversight and planning responsibility for, among other things, recruitment and selection processes, employee compensation program development, executive compensation, finance, and budgeting. He is also a member of the board of directors of St. Peter’s Health Partners in Albany, New York. Mr. Powell was appointed to the Audit, Compensation, Compliance, Fiduciary, Nominating and Corporate Governance, and Risk Committees of the board of directors of the company.
TrustCo Bank Corp NY is a savings and loan holding company. The Company operates, through its principal subsidiary, Trustco Bank (the Bank). The Bank is a federal savings bank engaged in providing general banking services to individuals and businesses. The Bank operates over 156 automatic teller machines and approximately 140 banking offices in New York, New Jersey, Vermont, Massachusetts, and Florida. The Bankâs business consists of accepting deposits and making loans and investments. The Bank also lends in Essex and Fulton counties, Passaic counties, and Sumter counties. The Bank provides a range of both personal and business banking services, including a full array of deposit products for both individuals and businesses. Trustco Bank also offers trust and investment services through its Financial Services Department. In addition, the Companyâs Financial Services Department offers a range of retirement planning, and trust and estate administration services.
Trustco Bank Corp NY Announces the Addition of Curtis N. Powell to the Board of Directors and appoints to Audit, Compensation, Compliance, Fiduciary, Nominating and Corporate Governance, and Risk Committees