Chairman of the Board
President
Chief Executive Officer of TrustCo and Trustco Bank
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Trustco Bank leases five commercial branch office properties from lessor entities in which Mr. Silverman holds a 49.5% interest.
Trustco Bank made loans (first mortgage, cross-collateral loan and letter of credit) to the Borrower, which were cancelled on March 22, 2025 through a deed-in-lieu-of-foreclosure transaction.
The proxy also says directors, officers or their families deal with the company in the ordinary course of business, on the same terms as others. Those are not conflicts and are not listed. Read it in the proxy
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