Navigating your finances these days often means doing so from the comfort of your own home, and Trustco Bank is making that easier than ever with its online offerings. It’s that familiar feeling of a hometown bank, now accessible with just a few clicks.
For those looking to open a new account, the process is streamlined online. And if you're thinking about a mortgage, Trustco Bank invites you to start that application right from your computer. Even if you're considering refinancing, there's a clear invitation to click and explore potential savings.
It’s worth remembering that Trustco Bank prioritizes your security. They’ve made it clear they will never call you to ask for personal banking information, a crucial reminder in today's digital landscape. They even offer additional security tips for peace of mind.
Beyond account opening and loans, Trustco Bank offers a range of products designed to meet various financial needs. Their Home Equity Credit Line, for instance, comes with an introductory rate of 4.99%, moving to 6.75% APR after the intro period. For first mortgages, they highlight over 100 years of experience and the benefit of not having to pay points, with rates like a 5/1 ARM at 5.125% Rate and 6.023% APR.
For those interested in shorter-term savings, their Certificate of Deposits (CDs) are presented with an attractive rate of 6.25% for 6-month to 18-month terms, suggesting that "rates are going up. Stay Short!". They also offer an Investment Checking Account, blending the convenience of a checking account with competitive interest rates, currently at 3.70% APY.
And for banking on the go, the Trustco Bank mobile app is a well-regarded tool. Users praise its 4.8-star rating, highlighting features like clear merchant names, spending summaries, and 24-hour self-service options. The app allows for card activation, travel notifications, reporting lost or stolen cards, and real-time controls like locking your card or setting spending limits. The recent update, which separates Zelle and makes balances visible after each transaction, has been particularly well-received.
Trustco Bank, with its roots as TrustCo Bank Corp NY, has been a fixture in the United States banking landscape for a long time. With substantial assets and a commitment to honest lending, their online presence aims to bring that trusted, local feel to your digital banking experience.
