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
Date of Report (Date of earliest event reported): February 22, 2000
(February 21, 2000)
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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TrustCo Bank Corp NY
Item 5. Other Events
A press release was issued on February 21, 2000, announcing
Trustco Bank Corp NY and Landmark Financial Corp. Merger
Agreement. 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 21, 2000,
announcing Trustco Bank Corp NY and
Landmark Financial Corp Merger Agreement.
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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 22, 2000
TrustCo Bank Corp NY
(Registrant)
By:/s/ William F. Terry
William F. Terry
Secretary
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Exhibits Index
The following exhibits are filed herewith:
Reg S-K Exhibit No. Description Page
__________________ ____________________________ __________
99(a) Press release dated February 21, 2000, 5
announcing Trustco Bank Corp NY and
Landmark Financial Corp Merger
Agreement.
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Exhibit 99(a)
TRUSTCO
Bank Corp NY News Release
______________________________________________________________________________
192 Erie Boulevard, Schenectady, New York, 12305
(518) 377-3311 Fax: (518) 381-3668
Subsidiary: Trustco Bank NASDAQ -- TRST
TrustCo Bank Corp NY Landmark Financial Corp
William F. Terry Gordon E. Coleman
Secretary President & CEO
518-381-3611 518-673-2012
FOR IMMEDIATE RELEASE:
TRUSTCO BANK CORP NY AND LANDMARK FINANCIAL CORP.
ANNOUNCE MERGER AGREEMENT
Schenectady, New York and Canajoharie, New York - February 21, 2000
Robert A. McCormick, Chief Executive Officer of TrustCo Bank Corp NY (NASDAQ
National Market TRST) and Gordon E. Coleman, Chief Executive Officer of Landmark
Financial Corp. (NASDAQ OTC:BB LMFC) today jointly announced that they have
signed an agreement for TrustCo to acquire Landmark Financial Corp. and its
subsidiary, Landmark Community Bank. Landmark shareholders will receive cash in
the amount of $21 for each Landmark share. The transaction is subject to
shareholder and regulatory approval and is expected to be completed in the third
quarter of 2000.
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"The acquisition of Landmark extends our market coverage into western Montgomery
County," stated McCormick. "Landmark's presence in Montgomery County adds that
new territory to the nine counties where TrustCo is now represented. Landmark
Community Bank will remain as a separate subsidiary of TrustCo and its customers
will benefit from our ability to offer them additional services. We look forward
to welcoming the Landmark employees to our staff."
"We are very pleased to merge our company into an organization with such a fine
track record for offering high quality, low cost services," said Coleman, who
will continue as CEO of Landmark Community Bank.
Landmark Financial Corp, with assets of $26 million, operates an office in
Canajoharie, New York. TrustCo, with assets of $2.4 billion, presently has 53
locations in nine counties in the Capital Region of New York State.
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