TRUSTCO BANK CORP N Y
8-K, 1997-02-20
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): February 20, 1997
                                                 (February 18, 1997)
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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.)
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                 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 February 18, 1997,  declaring a
            quarterly cash dividend of $0.275 per share,  payable April 1,
            1997, to the  shareholders  of record at the close of business
            on March 7, 1997.  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 February  18, 1997,
                                        declaring a quarterly cash dividend
                                        of $0.275 per share, payable April 1,
                                        1997,  to the shareholders of record
                                        at the close of business on March 7,
                                        1997.








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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:  February 20, 1997

                                             TrustCo Bank Corp NY
                                             (Registrant)


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



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<PAGE>



Exhibits Index


The following exhibits are filed herewith:


Reg S-K Exhibit No.                Description                     Page
- ------------------         ----------------------------         ----------
      99(a)                Press release dated February             5
                           18, 1997, declaring a
                           quarterly cash dividend of
                           $0.275 per share, payable
                           April 1, 1997, to the
                           shareholders of record at the
                           close of business on March
                           7, 1997.


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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                                    NASDAQ -- TRST

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

FOR IMMEDIATE RELEASE:

                                      TRUSTCO DECLARES CASH DIVIDEND

Schenectady, New York - February 18, 1997


On February 18, 1997 the Board of Directors of the Company  declared a quarterly
dividend  of $0.275 per share,  payable  April 1 1997,  to the  shareholders  of
record at the close of business on March 7, 1997.

TrustCo is a $2.2 billion bank holding company and through its subsidiary  bank,
Trustco  Bank,  National  Association,  operates  48  bank  offices  in  Albany,
Columbia,  Greene,  Rensselaer,  Saratoga,  Schenectady,  Warren, and Washington
counties.  In addition,  the bank operates a full service Trust  Department with
$950 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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