TRUSTCO BANK CORP N Y
8-K, 1996-08-22
STATE COMMERCIAL BANKS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

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        Date of Report (Date of earliest event reported): August 22, 1996
                                                         (August 20, 1996)
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                              TrustCo Bank Corp NY

             (Exact name of registrant as specified in its charter)

                                    New York
                 (State or other jurisdiction of incorporation)


              0-10592                              14-1630287
      (Commission File Number)             (IRS Employer Identification No.)
      -----------------------------------------------------------------------


                 192 Erie Boulevard, Schenectady, New York 12305
               (Address of principal executive offices) (Zip Code)



       Registrant's telephone number, including area code: (518) 377-3311


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<PAGE>



TrustCo Bank Corp NY


Item 5.           Other Events

                  A press  release  was issued on August 20,  1996,  declaring a
                  quarterly cash dividend of $0.275 per share,  payable  October
                  1,  1996,  and  the  issuance  of a  15%  stock  split,  to be
                  distributed  on  November  15,  1996.  Attached  is the  press
                  release labeled as exhibit 99(a).




Item 7            (c) Exhibits


                  Reg S-K Exhibit No.  Description
                     99(a)             Press release dated August 20, 1996,
                                       declaring a quarterly cash dividend of
                                       $0.275 per share, payable October 1,
                                       1996, and the issuance of a 15% stock
                                       split, to be distributed on November 15,
                                       1996.








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                                   SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


Dated:  August 21, 1996

                                         TrustCo Bank Corp NY
                                         (Registrant)


                                         By:/s/ Robert T. Cushing     
                                         ------------------------
                                         Robert T. Cushing
                                         Vice President and
                                         Chief Financial Officer


                                                       -3-

<PAGE>



                                 Exhibits Index


The following exhibits are filed herewith:


Reg S-K Exhibit No.  Description                                        Page
- ------------------   ----------------------------                    ----------
      99(a)          Press release dated August                          5
                     20,   1996,   declaring  a  quarterly   cash 
                     dividend   of  $0.275  per  share,   payable
                     October  1, 1996,  and the  issuing of a 15%
                     stock split,  to be  distributed on November
                     15, 1996.


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<PAGE>


                                                   Exhibit 99(a)

TRUSTCO
Bank Corp NY                                       News Release
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192 Erie Boulevard, Schenectady, New York, 12305
(518) 377-3311 Fax: (518) 381-3668

Subsidiary:  Trustco Bank

Contact:            William F. Terry
                    Senior Vice President and Secretary
                    518-381-3611

FOR IMMEDIATE RELEASE:

                              TRUSTCO DECLARES CASH DIVIDEND AND STOCK SPLIT

Schenectady, New York - August 20, 1996

On August 20, 1996 the Board of  Directors  of the Company  declared a quarterly
dividend of $0.275 per share,  payable  October 1, 1996, to the  shareholders of
record at the close of business on September 6, 1996.

The Company  also  announced  that its Board of  Directors  approved a 15% stock
split.  The  additional  shares are to be  distributed  on November  15, 1996 to
shareholders  of record on October  25,  1996.  The Board of  Directors  also ex
pressed its intent to maintain its $1.10 annual dividend rate per share.

TrustCo is a $2.2 billion bank holding company and through its subsidiary  bank,
Trustco Bank, National  Association,  operates 48 bank offices in Albany,  Colum
bia, Greene,  Rensselaer,  Saratoga,  Schenectady,  Warren,  and Washington coun
ties. In addition,  the bank operates a full service Trust  Department with $868
million of assets under  management.  The common shares of TrustCo are traded on
the Nasdaq  National  Market tier of the Nasdaq  Stock  Market  under the symbol
TRST.

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