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Last Updated: 04/18/2025

Trustco Bank Statement Savings Account

from Trustco Bank

Last Updated: 04/18/2025
Trustco Bank Statement Savings Account logo
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APY (Annual Percentage Yield)

0.05% - 0.1%(Verified 06/21/2024)
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Minimum Opening Deposit

N/A

Minimum Balance to Earn APY

N/A

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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 savings account are available in 5 states.

Key Takeaways

  • Low interest rate. The maximum annual percentage yield for this account is only 0.1%.
  • 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 Statement Savings Account offer?

Trustco Bank savings account offers a variable 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?

    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?

    Yes, you can typically set up a direct deposit to this account. 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.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Headquarters

    PO Box 1082
    Schenectady, NY 12301
    Visit Site
    Email Support

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