TrustCo Bank Corp NY Announces Virtual-Only Annual Meeting of Shareholders
May 07 2020 - 5:00PM
TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that
the 2020 Annual Meeting of Shareholders will be held in a
virtual-only format by webcast. This meeting format will be
used due to continuing public health concerns related to COVID-19,
the protocols that federal, state, and local governments are
imposing and may continue to impose, and in the interest of the
health and wellbeing of our shareholders and other meeting
participants. The date and time of the meeting as announced
in the Company’s 2020 Proxy Statement and Notice of Annual Meeting
(“Proxy Statement”) will not change. The meeting will be held
at 10:00 AM Eastern Time on May 21, 2020.
As described in the Proxy Statement, those eligible to vote at
the Annual Meeting are shareholders of record as of the close of
business on March 23, 2020 or holders of a legal proxy for the
meeting. The proxy card included with the Proxy Statement
previously distributed will not be updated to reflect the change to
a virtual meeting format and may continue to be used to vote shares
in connection with the meeting.
Stockholders will be able to attend the meeting online, vote
their shares electronically, and submit their questions by visiting
www.virtualshareholdermeeting.com/TRST2020 and entering the control
number included on the notice, proxy card or voting instruction
form previously distributed. Stockholders may log in to the meeting
platform beginning at 9:45 Eastern Time on May 21, 2020. Those
without a control number may attend the meeting as guests by
logging in to the same virtual meeting platform and following the
instructions on the website for guest access. Guests will not be
able to vote or ask questions.
Shareholders are encouraged to vote their shares by internet,
phone, or mail prior to the meeting. Details can be found on
the proxy card, notice and access card, or voting instructions
previously provided.
About TrustCo Bank Corp NY
TrustCo Bank Corp NY is a $5.3 billion savings and loan holding
company and through its subsidiary, Trustco Bank, operates 148
offices in New York, New Jersey, Vermont, Massachusetts, and
Florida.
The common shares of TrustCo are traded on the NASDAQ Global
Select Market under the symbol TRST.
Safe Harbor Statement
All statements in this news release that are not historical are
forward-looking statements within the meaning of the Securities
Exchange Act of 1934, as amended. Forward-looking statements can be
identified by words such as "anticipate," "intend," "plan," "goal,"
"seek," "believe," "project," "estimate," "expect," "strategy,"
"future," "likely," "may," "should," "will" and similar references
to future periods. Examples of forward-looking statements include,
among others, statements we make regarding our expectations for the
repurchase of our common stock, including the aggregate amount of
such repurchases. Such forward-looking statements are subject to
factors that could cause actual results to differ materially from
those discussed, including the risk that the stock repurchase
program may not be completed as planned on a timely basis or at all
and other risks and uncertainties under the heading “Risk Factors”
in our most recent annual report on Form 10-K and in our subsequent
quarterly reports on Form 10-Q or other securities filings. TrustCo
wishes to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
We do not undertake any obligation to publicly update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Subsidiary: Trustco Bank |
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Contact: |
Robert Leonard |
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Executive Vice President and |
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Chief Risk Officer |
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(518) 381-3693 |
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