Trustco Bank of Monroe

Trustco Bank of Monroe is a wealth management provider in Monroe, NY, located at 791 NY-17M. The institution offers a wide variety of deposit and loan accounts, including personal banking, mortgages, and individual retirement account (IRA) investment options with flexible terms ranging from six months to ten years. It serves individuals and businesses with services such as business checking, commercial lending, and employee benefit planning. The bank holds a rating of 4.70 based on customer reviews.

Founded in Schenectady, New York, in 1902, the bank now operates more than 135 branches across New York, Florida, Massachusetts, New Jersey, and Vermont. It provides tools like ClickSWITCH to help customers transfer direct deposits and automatic payments, and Credit Sense for checking VantageScore credit reports. The mortgage process involves local loan originators, underwriting teams, and closing coordinators, with options for home equity credit lines and no appraisal or origination fees on certain products. Business banking services include commercial loans, treasury services, and retirement plan options like Simplified Employment Pension and SIMPLE Savings Incentives.

The bank’s commercial lending team features experienced professionals with deep roots in their communities. Staff members specialize in investment property financing, SBA loans, construction and rehab loans, and equipment financing. The bank has secured grant funds from the FHLBNY Small Business Recovery Grant Program and participates in local events such as the Niska-Day Parade. It also maintains a presence in multiple states, with branch administration and commercial banking teams operating in Florida and the Capital District.

Trustco Bank of Monroe is known for its long history of honest lending and its recognition as a trusted local bank. It has been voted the number one bank, mortgage lender, and investment firm in the Capital District by local publications. Customers appreciate its competitive deposit rates, fast local decisions, and the convenience of having branches located close to where they live and work.

With over a century of experience serving the region, Trustco Bank of Monroe combines extensive local expertise with a broad range of financial services for Monroe residents and businesses.

The bank is situated on NY-17M, just steps from State Highway 17M and about a tenth of a mile from Schunnemunk Road. It is located near Nestwell Family Health and the Monroe Post Office, and sits roughly a third of a mile from the Ramapo River.

BizScoreAI awarded the website a Technical score of 92 out of 100, ensuring the site is secure and easily readable by search engines. The Content Quality score received 75 out of 100, meaning the pages clearly answer customer questions and provide information that AI assistants can quote directly.

Services:

• Business Services
• Deposit Accounts
• Mortgage & Lending
• Online Banking
• Wealth Management