$55k-$70k/yr Branch Manager Job at Trustco BankTrustco Bank Branch Manager Trustco BankTrustco Bank Clifton Park, NY Posted: February 14, 2023 $55,341 to $70,000 Yearly Full-Time Job Title: Branch Manager Reports to: Business Banker FLSA Status: Exempt Salary Grade: EX02 ($55,341 - $70,000 per year) Supervisory Responsibility: Yes SUMMARY: Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. "About This Company" data & logos provided by. Company Average Salary Hourly Salary Salary Score; Trustco Bank. Learning on a daily basis is what helps do the job better each and every day. Among Trustco Bank competitors, employees at Federal Deposit Insurance earn the most with an average yearly salary of $71,995. You may also find the annual proxy statement by going directly to the company's website. GLENVVILLE Robert McCormick earned $3 million in compensation in 2019 as CEO of the holding company of Trustco Bank, nearly 100 . All Rights Reserved. Trustco Bank salaries vs Competitors. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Salary information comes from 47 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? These contributions are tax deductible for employers and tax-free for employees. Robert Joseph McCormick (CEO / President). Countless American workers, like Trustco Bank Corp workers, rely on group health benefits sponsored by their employer, through which businesses typically pay a sizable proportion of their employees' health insurance premiums. We believe that our employees make our reputation. Upper management does not care about the branch employees. Minimum Deposit. Trustco Bank employees are most likely to be members of the democratic party. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Trustco Bank Corp offers defined benefit pension plans and defined contribution pension plans. Use our tool to get a personalized report on your market worth. Its more so of a fend for yourself and hope for the best. Trustco Bank Corp also offers death benefits, which cover certain causes of death, group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Last updated months ago. Title remains the same and a 30% salary increase. Trustco Bank is an okay company to work for if you are just starting out or just out of collage and need experience. But traditional CDs generally lack liquidity and they can come with hefty early withdrawal penalties. Can write a whole book how bad Trustco is. The place is a hostile place to work where everyone stabbing each other in the back and customers arent helped. Whats the best way to have a lack of compensation and incentive conversation in your department? When deciding between a CD and a savings account, it often comes down to a matter of your liquidity needs. Board of Directors in TRUSTCO BANK CORP/NY. SUMMARY: Provides above standard customer service. by Eric Schreck. Branch Manager, Banking in Orlando, Florida, New research shows how to set pay for remote employees. On average, employees at Trustco Bank stay with the company for 3.6 years. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Larry Rulison. Anyone have any insight working at UBS as far as career progression and work-life balance (and if youre in one of the roles, what salary numbers sound fair)? From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? April 7, 2020 Updated: April 7, 2020 4:44 p.m. 9. For a time after the merger was announced, BB&T and SunTrust continued operating under their separate names. Average Trustco Bank Branch Manager yearly pay in the United States is approximately $63,067, which meets the national average. Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . Stressful, no support from upper management. TRUSTCO BANK CORP/NY income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Manages branch in the absence of branch manager. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z The pay is not good. The environment is so toxic your coworkers can Abe amazing the the culture the have created here is not great to work in. The salary paid can be different for the same position in Trustco Bank based on experience, skills, and education. APY. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. 800-670-4110. https://www.trustcobank.com. Based on the company location, we can see that the HQ office of Trustco Bank is in GLENVILLE, NY. Find your market worth with a report tailored to you, No results found. Trustco Bank's mission statement is "To be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment.". Their needs to be better training for middle managers. Facebook Twitter Linkedin Instagram . The average Trustco Bank salary ranges from approximately $20,545 per year for Brand Manager to $150,931 per year for Chief Audit Executive. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. You must be ready to work 6 days every other week with no overtime. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Supervisory Responsibility: No. They is no suppose from the administrative office. 13% of Trustco Bank employees are Black or African American. $42,102: $20.24-M&T Bank. You can work your butt off but Id your boss doesnt like you it doesnt matter. Claiming and updating your company profile on Zippia is free and easy. The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for a Teller to $96,094 per year for a Manager. Responsible for following and adhering to all bank operational and security policies and procedures including compliance and privacy policies and procedures . Great job to start out with when getting into the IT industry. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}2. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Compare Trustco Bank Salaries VS Competitors. They can help you put money out of arms reach, a benefit to those prone to tapping savings on a whim. A large number of members of the American workforce, like Trustco Bank Corp workers, depend on health plans financed by their Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. None of the information on this page has been provided or approved by Trustco Bank. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The charts on this page feature a breakdown of the total annual pay for the top executives at TRUSTCO BANK CORP/NY as reported in their proxy statements. Read what they think about their salaries on our Compensation FAQ page for TrustCo Bank Corp NY. Based on the company location, we can see that the HQ office of Trustco Bank is in GLENVILLE, NY. Salaries 47 Interviews 90 Benefits -- Photos 85 Diversity + Add a Review TrustCo Bank Corp NY Overview Work Here? Ive inquired about pay but its gotten nowhere. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Trustco Bank Corp offers dental, health, and vision plans. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number . Whats the best way to have a lack of compensation and incentive conversation in your department? The highest reported salary for an employee at Trustco Bank Corp is currently $55k / year, At Trustco Bank Corp, they provide many options for pension benefits and other perks for their workers. Of this total $400,000 was received as a salary, $135,000 was received as a bonus, $0 was received in stock options, $274,994 was awarded as stock and $526,164 came from other types of compensation. Here are some other companies that are located close to Trustco Bank. They want employees to travel to various banks everyday but dont want to pay for the over time. Information provided on Forbes Advisor is for educational purposes only. McCormick's total compensation this past year. Mortgages seem to be the only priority for Trustco bank. The lowest-paying job at TrustCo Bank Corp NY is a Teller with a salary of $36,095 per year. The table shows below the name of the job title below you may be interested in including salary range and total compensation. Thanks! Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Trustco Bank. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. The lowest-paying job at TrustCo Bank Corp NY is a Teller with a salary of $36,095 per year. They only hold certain employee accountable for their actions other just get a slap on the wrist. Offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. 9 Months. Our Fair Pay score for Trustco Bank Corp is 1. We look to hire friendly and hard-working individuals with a passion for providing outstanding customer service. With a defined benefit pension plan, retirees are given fixed payments when they reach retirement. Search for Trustco Bank and AllPoint locations close to you. Select a company name to explore and learn more about other companies across the industry and to compare their hourly average salaries with Trustco Bank. Engage in conversations about pay with other professionals in the community. Upper management are really bad bay communicating. It has more than 2,100 branch locations and roughly 3,000 ATMs. Claim your Free Employer Profile Website: www.trustcobank.com Headquarters: Schenectady, NY Size: 501 to 1000 Employees Founded: 1981 Type: Company - Public (TRST) Industry: Banking & Lending Revenue: $100 to $500 million (USD) There is also high turnover and many branches are understaffed. Offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. On its website, Truist Bank advertises a 12-month term for certificates of deposit with an opening balance requirement of $1,000. 9846). New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Our Fair Pay score for Trustco Bank Corp is 1. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Most managers only care about meeting goals. The Bank believes in old school, personal service and welcomes each customer by name as they enter the branch. Goals are extremely pushed and you will get fired if you don't meet them, but goals are not too hard to meet. The average hourly pay rate of Trustco Bank is $135 in the United States. 15% of Trustco Bank employees are Hispanic or Latino. 60% of Trustco Bank employees are women, while 40% are men. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for, The highest-paying job at TrustCo Bank Corp NY is, The lowest-paying job at TrustCo Bank Corp NY is, TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. Thanks! Anyone have any insight working at UBS as far as career progression and work-life balance (and if youre in one of the roles, what salary numbers sound fair)? Accurately and efficiently completes customer transactions. The average salary for Business Sector Vice President at companies like TRUSTCO BANK CORP N Y in the United States is $479,600 as of December 27, 2022, but the range typically falls between $378,400 and $600,800. Salary Grade: NE20 ($24.00 - $33.00 per hour) Supervisory Responsibility: Yes SUMMARY: The Senior Universal Banker is responsible for the administration and efficient daily operation of a full service branch office, including operations, lending, product sales, customer service, and security and safety in accordance with the Bank's objectives. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. How much do TrustCo Bank Corp NY employees make? What your skills are worth in the job market is constantly changing. If you think you may need to tap your savings frequently, opting for a savings account can help you avoid early withdrawal penalties. Able to work around system issues with ease in times of difficulty. When shopping for a CD, be sure to compare features like terms, interest rates, opening balance requirements and early withdrawal penalties. Why do people leave their jobs? Toxic work environment. Management does not bother you if you just do your job, but there is no middle management. Why do people leave their jobs? Both offer similar salary package. A large number of members of the American workforce, like Trustco Bank Corp workers, depend on health plans financed by their Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Average Trustco Bank hourly pay ranges from approximately $10.01 per hour for Quality Assurance Analyst to $23.79 per hour for Senior Universal Banker. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Read reviews from current employees that include compensation and culture insights. Trustco Bank Corp provides many options for retirement plans and amenities. Looking for advise on company culture at both companies. Read reviews from current employees that include compensation and culture insights.