Trustco Bank Statement Savings Account

Trustco Bank Statement Savings Account Review

Trustco Bank Statement Savings Account is offered by Trustco Bank, a bank founded in 1902 and based in Schenectady, NY. Trustco Bank Statement Savings Account is available in 5 states across the USA.

Key Takeaways

• Higher than average APY. Trustco Bank Statement Savings Account has an annual percentage yield of up to 0.1%, which is higher than the average interest rate for savings accounts.
• No ATM fees. Trustco Bank Statement Savings Account does not charge fees on ATM transactions.

Trustco Bank savings account Pros & Cons

Trustco Bank savings account FAQ

Are savings accounts from Trustco Bank federally insured?

Yes, your Trustco Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Trustco Bank offer a signup bonus?

Trustco Bank savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Trustco Bank savings account?

What APY does Trustco Bank offer?

Trustco Bank savings account offers an APY starting at 0.05% and ranging up to 0.1% (APY stands for annual percentage yield, rates may change).

What fees does Trustco Bank savings account charge?

Trustco Bank savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Trustco Bank savings account offer?

This savings account includes the following features:

• Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
• Fraud monitoring - Trustco Bank savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Trustco Bank savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Trustco Bank savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Trustco Bank savings account?

The customer support email for Trustco Bank savings account is marketing@trustcobank.com.