TrustCo Bank Corp NY announced on September 15, 2026, that it has increased the size of its Board of Directors from nine to eleven members. The expansion was driven by the unanimous vote of the Board’s Nominating and Corporate Governance Committee. The Corporation elected Patricia Kieper-Fusco and Bryan L. Guentner to fill the newly created vacancies, with their terms effective immediately. The elections were also approved by the Board of Directors of Trustco Bank, the Corporation’s wholly-owned subsidiary.
Patricia Kieper-Fusco is the President, Chief Executive Officer, and Owner of Fusco Personnel, Inc. of Latham, New York, a firm providing staffing and recruiting services. She previously served on the Trustco Bank Advisory Board of Directors. Bryan L. Guentner serves as a broker associate with RE/MAX Palm Realty in Sarasota, Florida, and is the former owner and CEO of RE/MAX Platinum Realty in the same city. He also previously served on the Trustco Bank Advisory Board of Directors.
The new directors have been appointed to serve on the Corporation’s Audit, Board Compliance, Compensation, Fiduciary, Nominating and Corporate Governance, and Risk Committees. The Corporation stated that both Ms. Fusco and Mr. Guentner qualify as "independent directors" under Nasdaq listing standards and meet the eligibility requirements of the SEC and Nasdaq Stock Market for membership on the Audit and Compensation Committees. The Corporation anticipates that the new directors will participate in its standard cash and equity compensation programs for non-employee directors but noted that no equity awards have been made to them in connection with their elections.
TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company. Through its subsidiary, Trustco Bank, the company operates 133 offices across New York, New Jersey, Vermont, Massachusetts, and Florida.