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On Fishbowl, you can share insights and advice anonymously with TrustCo Bank Corp NY employees and get real answers from people on the inside. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Management made up rules to fit your emotions or to just only work around there own time. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Trustco Bank. Trustco provides low cost personal & commercial bank services including checkings & savings accounts. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Facebook Twitter Linkedin Instagram . The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for, The highest-paying job at TrustCo Bank Corp NY is, The lowest-paying job at TrustCo Bank Corp NY is, TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. Compare Trustco Bank Salaries VS Competitors. There is also high turnover and many branches are understaffed. Trustco Bank pays an average hourly rate of $135 and hourly wages range from a low of $118 to a high of $155. Board of Directors in TRUSTCO BANK CORP/NY For its 2021 fiscal year, TRUSTCO BANK CORP/NY, listed the following board members on its annual proxy statement to the SEC. Salary Grade: NE08. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Find your market worth with a report tailored to you, No results found. Your financial situation is unique and the products and services we review may not be right for your circumstances. It has more than 2,100 branch locations and roughly 3,000 ATMs. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Performance information may have changed since the time of publication. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. On average, employees at Trustco Bank stay with the company for 3.6 years. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The place is a hostile place to work where everyone stabbing each other in the back and customers arent helped. Trustco Bank competitors include M&T Bank, Ocwen Financial, can not find info, Federal Deposit Insurance, Prudential Retirement Insurance And Annuity Co On Behalf Of Its Separate Account Ssa-4642 Fire, Hudson City Ban, Fulton Bank, United Bank, BancorpSouth, Trustmark, Provident Bank, Charter Bank WI MN, Valley National Bank, TD Bank, Guaranty Bancorp, Commerce Bank, TCF Financial, Old Point National Bank, Country Bank, MarathonBank. How much do TrustCo Bank Corp NY employees make? Commercial Customer Service Representative. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Depending on the location and local economic conditions, Average hourly pay rates may differ considerably. TrustCo Bank employees earn $30,000 annually on average, or $14 per hour, which is 75% lower than the national salary average of $66,000 per year. Average Trustco Bank hourly pay ranges from approximately $10.01 per hour for Quality Assurance Analyst to $23.79 per hour for Senior Universal Banker. $55k-$70k/yr Branch Manager Job at Trustco BankTrustco Bank Branch Manager Trustco BankTrustco Bank Clifton Park, NY Posted: February 14, 2023 $55,341 to $70,000 Yearly Full-Time Job Title: Branch Manager Reports to: Business Banker FLSA Status: Exempt Salary Grade: EX02 ($55,341 - $70,000 per year) Supervisory Responsibility: Yes SUMMARY: How To Find The Cheapest Travel Insurance, 12 months (Other terms are available offline. The most common ethnicity at Trustco Bank is White (59%). Whats the best way to have a lack of compensation and incentive conversation in your department? Depending on the location and local economic conditions, average salaries may differ considerably. Stressful, no support from upper management. The place is a hostile place to work where everyone stabbing each other in the back and customers arent helped. Upper management does not care about the branch employees. You can work your butt off but Id your boss doesnt like you it doesnt matter. Stressful, no support from upper management. Both offer similar salary package. Offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. Between late 2021 and early 2022, both banks transitioned to the single Truist brand, and their websites now automatically redirect to Truist.com. They want employees to travel to various banks everyday but dont want to pay for the over time. Trustco Bank Corp also offers death benefits, which cover certain causes of death, group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Countless American workers, like Trustco Bank Corp workers, rely on group health benefits sponsored by their employer, through which businesses typically pay a sizable proportion of their employees' health insurance premiums. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. We know that our employees are one of our greatest assets, and we think you'll agree after reading about the many benefits that we provide to our staff! Robert Joseph McCormick (CEO / President). Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Trustco Bank. On average, employees at Trustco Bank stay with the company for 3.6 years. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. As of December 31, 2017, Trustco Bank' s assets were $4.9 Billion. Branch Manager, Banking in Orlando, Florida, New research shows how to set pay for remote employees. Ive inquired about pay but its gotten nowhere. Are you sure you want to rest your choices? For its 2021 fiscal year, TRUSTCO BANK CORP/NY, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Interest compounds daily and is credited annually. What is the highest salary at Trustco Bank Corp? The table shows below the name of the job title below you may be interested in including salary range and total compensation. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Branch Manager yearly salaries in Florida at Trustco Bank Job Title Branch Manager Location Florida Average salary $37,846 per year 38% Below national average Average $37,846 Low $30,954 High $46,274 Salary estimated from 4 employees, users, and past and present job advertisements on Indeed in the past 36 months. Trustco Bank has paid dividends to its shareholders for over 100 consecutive years, and has remained profitable throughout its history, including the recent financial crisis. With a defined contribution retirement plan, companies help workers save and invest for retirement. Trustco Bank salaries vs Competitors. WLB, experience and value add. Branch Manager, Banking in Orlando, Florida, New research shows how to set pay for remote employees. Toxic work environment. Trustco Bank Corp offers defined benefit pension plans and defined contribution pension plans. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. The average salary for Trustco Bank is $111k per year, which includes an average base salary of $99k and an average bonus of $12k. Trustco Bank is traded on the NASDAQ under TRST. Salary Grade: NE20 ($24.00 - $33.00 per hour) Supervisory Responsibility: Yes SUMMARY: The Senior Universal Banker is responsible for the administration and efficient daily operation of a full service branch office, including operations, lending, product sales, customer service, and security and safety in accordance with the Bank's objectives. The salary paid can be different for the same position in Trustco Bank based on experience, skills, and education. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. As Executive Vice President & Chief Risk Officer TrustCo and Trustco Bank at TRUSTCO BANK CORP/NY, Robert M. Leonard made $1,336,158 in total compensation. Try another search query or. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Trustco Bank pays an average salary of $280,990 and salaries range from a low of $245,154 to a high of $323,361. Can write a whole book how bad Trustco is. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Coronavirus Tips Working and Protection, For its 2018 fiscal year, TRUSTCO BANK CORP/NY, listed the following executives on its annual proxy statement to the SEC. Offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z The community relies on everyone sharing. A large number of members of the American workforce, like Trustco Bank Corp workers, depend on health plans financed by their Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. What are some typical titles and locations for Trustco Bank jobs? "About This Company" data & logos provided by, Pennsylvania- Department of Public Welfare. Trustco Bank salary ranges from $44k to $271k. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? 9846). Our Fair Pay score for Trustco Bank Corp is 1. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. CD Term. Commercial Customer Service Representative. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of . If you think you may need to tap your savings frequently, opting for a savings account can help you avoid early withdrawal penalties. Investors can withdraw accrued interest without penalty prior to maturity. Trustco Bank is an okay company to work for if you are just starting out or just out of collage and need experience. Based on 339 salaries posted anonymously by TrustCo Bank Corp NY Teller employees in The Villages. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. The Bank believes in old school, personal service and welcomes each customer by name as they enter the branch. The information shown here is a reporting of information included in the company's proxy statement. No proper procedures and protocols set in place. Find your market worth with a report tailored to you, No results found. Great job to start out with when getting into the IT industry. TrustCo Bank Corp NY employees rate the overall compensation and benefits package 2.2/5 stars. https://www.trustcobank.com. When deciding between a CD and a savings account, it often comes down to a matter of your liquidity needs. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Rates vary by location and are accurate as of Feb. 28, 2023. In April 2018, S&P Global Intelligence rated Trustco Bank the 15th best performing savings bank in the country. Zippia gives an in-depth look into the details of Trustco Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Trustco Bank. For a time after the merger was announced, BB&T and SunTrust continued operating under their separate names. All proxy statements are public filings made available to the general public by the SEC. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Read what they think about their salaries on our Compensation FAQ page for , Bank Teller salaries - 48 salaries reported, Branch Manager salaries - 46 salaries reported, Assistant Branch Manager salaries - 39 salaries reported, Assistant Manager salaries - 37 salaries reported, Head Teller salaries - 30 salaries reported, Universal Banker salaries - 21 salaries reported, Senior Universal Banker salaries - 14 salaries reported, Associate Banker salaries - 7 salaries reported, Part Time Teller salaries - 7 salaries reported, Appraisal Coordinator salaries - 5 salaries reported, Customer Service Representative salaries - 4 salaries reported, Bank Manager salaries - 3 salaries reported, Business Banker salaries - 3 salaries reported, Senior Associate Banker salaries - 3 salaries reported, Marketing Coordinator salaries - 3 salaries reported, Mortgage Loan Processor salaries - 3 salaries reported. The largest donation made to a political party by a Trustco Bank employee was The average hourly pay rate of Trustco Bank is $135 in the United States. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Here's an overview of the Truist certificates of deposit shown on the bank's website. E. Napoletano is a former registered financial advisor and award-winning author and journalist. All Rights Reserved. Whats the best way to have a lack of compensation and incentive conversation in your department? You may also find the annual proxy statement by going directly to the company's website. Read what they think about their salaries on our Compensation FAQ page for TrustCo Bank Corp NY. 2023 Forbes Media LLC. TrustCo Bank Corp NY employees rate the overall compensation and benefits package 2.2/5 stars. Countless American workers, like Trustco Bank Corp workers, rely on group health benefits sponsored by their employer, through which businesses typically pay a sizable proportion of their employees' health insurance premiums. $6,300 to the Republican Party. Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Trustco Bank. Its CDs are FDIC insured up to $250,000 per depositor, for each account ownership category, in the event of a bank failure. Trustco Bank Corp provides many options for retirement plans and amenities. A free inside look at TrustCo Bank Corp NY salary trends based on 411 salaries. Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Trustco Bank. Trustco Bank pays an average hourly rate of $135 and hourly wages range from a low of $118 to a high of $155. The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for, The highest-paying job at TrustCo Bank Corp NY is, The lowest-paying job at TrustCo Bank Corp NY is, TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. Senior Manager Average Salary at TrustCo Bank in the United States, Branch Manager Average Salary at TrustCo Bank in the United States, See 16 More TrustCo Bank Branch Manager Salaries, Bank Teller Average Salary at TrustCo Bank in the United States, See 4 More TrustCo Bank Bank Teller Salaries, Teller Average Salary at TrustCo Bank in the United States, Assistant Branch Manager Average Salary at TrustCo Bank in the United States, See 1 More TrustCo Bank Assistant Branch Manager Salaries, Customer Service Representative Average Salary at TrustCo Bank in the United States, See 1 More TrustCo Bank Customer Service Representative Salaries, Assistant Manager Average Salary at TrustCo Bank in the United States, Head Bank Teller Average Salary at TrustCo Bank in the United States, Anonymous Employee Average Salary at TrustCo Bank in the United States, Administrative Assistant Average Salary at TrustCo Bank in the United States, See more TrustCo Bank salaries by Location. The average employee at Trustco Bank makes $42,102 per year. Average Trustco Bank Teller hourly pay in the United States is approximately $15.21, which meets the national average. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Upper management are really bad bay communicating. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. No data is available based on your input. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Low rates like those offered by this bank are one of the many reasons its wise to compare rates and terms from several banks and credit unions before purchasing a CD. 800-670-4110. The highest-paying job at TrustCo Bank Corp NY is a Manager with a salary of $96,094 per year. They only hold certain employee accountable for their actions other just get a slap on the wrist. "About This Company" data & logos provided by. Here are some other companies that are located close to Trustco Bank. We know that our employees are one of our greatest assets, and we think you'll agree after reading about the many benefits that we provide to our staff! Truist Bank, the banking giant created by the 2019 merger of SunTrust and BB&T, features on its website one certificates of deposit (CD) with a term of 12 months. Trustco Bank Corp offers defined benefit pension plans and defined contribution pension plans. Read what they think about their salaries on our Compensation FAQ page for TrustCo Bank Corp NY. What your skills are worth in the job market is constantly changing. No consulting experience. The salary paid can be different for the same position in Trustco Bank based on experience, skills, and education. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by applicable law. its just not worth it, they don't give enough raises to their current employees and wonder why everyone is quitting. Other terms are available, ranging from seven days to 60 months, according to the website and Truists Personal Certificates of Deposit (CDs) Account Overview guide, but you must visit a branch or call for more information about the other options. Bachelor of Commerce (BCom), Accounting Avg. The lowest-paying job at TrustCo Bank Corp NY is a Teller with a salary of $36,095 per year. What your skills are worth in the job market is constantly changing. The average salary of Trustco Bank jobs will vary according to location, department, and job description. The Bank believes in old school, personal service and welcomes each customer by name as they enter the branch. Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. You must be ready to work 6 days every other week with no overtime. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Read reviews from current employees that include compensation and culture insights. The highest reported salary for an employee at Trustco Bank Corp is currently $20.66 / hour, At Trustco Bank Corp, they provide many options for pension benefits and other perks for their workers. 9 Months. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. I thought my 5 year was going to finally show something but it did not. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. 59 TrustCo Bank employees have shared their salaries on CareerBliss. Able to work around system issues with ease in times of difficulty. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. The average salary for Business Sector Vice President at companies like TRUSTCO BANK CORP N Y in the United States is $479,600 as of December 27, 2022, but the range typically falls between $378,400 and $600,800. Both offer similar salary package. With a defined contribution retirement plan, companies help workers save and invest for retirement. CDs are low-risk, insured time deposit products, making them a secure place for savings. Other duties may be assigned by supervisor and/or Trustco Bank's Board of Directors. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. What your skills are worth in the job market is constantly changing. Of this total $400,000 was received as a salary, $135,000 was received as a bonus, $0 was received in stock options, $274,994 was awarded as stock and $526,164 came from other types of compensation. Last updated months ago. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Pay ranges for employees at Trustco Bank Corp by degree. Information provided on Forbes Advisor is for educational purposes only. How much do TrustCo Bank Corp NY employees make? Responsible for following and adhering to all bank operational and security policies and procedures including compliance and privacy policies and procedures . Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Trustco Bank is locally famous for its friendly, Home Town atmosphere. The base salary for Staff Accountant I in companies like TRUSTCO BANK CORP/NY range from $54,001 to $65,141 with the average base salary of $59,226. To help secure a steady cash stream later in life, numerous employees take advantage of employer-financed retirement plans. TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. The average Trustco Bank salary ranges from approximately $20,545 per year for Brand Manager to $150,931 per year for Chief Audit Executive. As of December 31, 2017, Trustco Bank' s assets were $4.9 Billion. Accurately and efficiently completes customer transactions. I have MBA + 3 year experience in industry. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Minimum Deposit. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Claim your Free Employer Profile Website: www.trustcobank.com Headquarters: Schenectady, NY Size: 501 to 1000 Employees Founded: 1981 Type: Company - Public (TRST) Industry: Banking & Lending Revenue: $100 to $500 million (USD) We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. ). Engage in conversations about pay with other professionals in the community. Upper management does not care about the branch employees. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. We believe that our employees make our reputation. 13% of Trustco Bank employees are Black or African American. Salary $45k Popular Locations for Trustco Bank Corp Orlando, Florida Albany, New York. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. For its 2018 fiscal year, TRUSTCO BANK CORP/NY, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Responsible for following and adhering to all bank operational and security policies and procedures including compliance and privacy policies and procedures to maintain customer . The highest reported salary for an employee at Trustco Bank Corp is currently $55k / year, At Trustco Bank Corp, they provide many options for pension benefits and other perks for their workers. On its website, Truist Bank advertises a 12-month term for certificates of deposit with an opening balance requirement of $1,000. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Trustco Bank is locally famous for its friendly, Home Town atmosphere.