Trustco Bank Corp N Y: Pay

Trustco Bank Corp N Y paid its 5 named executives $9.4M in total in FY2025 (Dec). CEO Robert J. McCormick was paid $3.6M of that.

Pay$100 in the stock at the end of FY20 → $136
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Robert J. McCormickChairman, President and Chief Executive Officer, TrustCo and Trustco Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Robert M. LeonardExecutive Vice President and Chief Operating Officer, TrustCo and Trustco Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Michael M. OzimekExecutive Vice President and Chief Financial Officer, TrustCo and Trustco Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Kevin M. CurleyExecutive Vice President and Chief Banking Officer, TrustCo and Trustco Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Michael HallGeneral Counsel and Corporate Secretary, TrustCo and Trustco Bank
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2023 (Dec), the median CEO pay of the 7 peers with pay on file was $1.6M. The CEO of Trustco Bank Corp N Y was paid $3.1M, 88% above the median.

  1. 1Trustco Bank Corp N Y
  2. 2Tompkins Financial
  3. 3NBT Bancorp
  4. 4Mid Penn Bancorp
  5. 5Univest Financial
  6. 6First Commonwealth Financial Corp /Pa/
  7. 7CNB Financial Corp/Pa
  8. 8Arrow Financial
  9. 9BCB BancorpNot disclosed
  10. 10Capital City Bank GroupNot disclosed
  11. 11ConnectOne BancorpNot disclosed
  12. 12Financial InstitutionsNot disclosed
  13. 13Flushing FinancialNot disclosed
  14. 14HarborOne BancorpNot disclosed
  15. 15Kearny FinancialNot disclosed
  16. 16Lakeland BancorpNot disclosed
  17. 17Northfield BancorpNot disclosed
  18. 18S&T Bancorp PANot disclosed
  19. 19SeacoastNot disclosed
  20. 20The First of Long IslandNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.