The estimated Net Worth of Thomas O Maggs is at least $676 Tisíc dollars as of 15 November 2023. Mr. Maggs owns over 526 units of Trustco Bank stock worth over $534,417 and over the last 18 years he sold TRST stock worth over $0. In addition, he makes $141,506 as Independent Chairman of the Board at Trustco Bank.
Thomas has made over 24 trades of the Trustco Bank stock since 2008, according to the Form 4 filled with the SEC. Most recently he exercised 526 units of TRST stock worth $17,063 on 15 November 2023.
The largest trade he's ever made was buying 51,505 units of Trustco Bank stock on 6 July 2011 worth over $236,923. On average, Thomas trades about 1,968 units every 144 days since 2006. As of 15 November 2023 he still owns at least 16,474 units of Trustco Bank stock.
You can see the complete history of Mr. Maggs stock trades at the bottom of the page.
Thomas O. Maggs serves as Independent Chairman of the Board of the Company. He is President of Maggs & Associates, The Business Insurance Brokers, Inc. (insurance broker). Director of TrustCo and Trustco Bank from 2005-present. Chair of the Board of Directors of TrustCo and Trustco Bank for 2015. Mr. Maggs contributes his experience as an entrepreneur operating a successful business enterprise and his skills for developing and evaluating business strategies.
As the Independent Chairman of the Board of Trustco Bank, the total compensation of Thomas Maggs at Trustco Bank is $141,506. There are 11 executives at Trustco Bank getting paid more, with Robert McCormick having the highest compensation of $3,036,180.
Thomas Maggs is 75, he's been the Independent Chairman of the Board of Trustco Bank since 2015. There are 1 older and 17 younger executives at Trustco Bank. The oldest executive at Trustco Bank Corp. is William Powers, 78, who is the Independent Director.
Thomas's mailing address filed with the SEC is C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE, NY, 12302.
Over the last 22 years, insiders at Trustco Bank have traded over $20,239,594 worth of Trustco Bank stock and bought 1,662,616 units worth $13,497,787 . The most active insiders traders include Robert A Mccormick, Robert T Cushing a Robert J Mccormick. On average, Trustco Bank executives and independent directors trade stock every 14 days with the average trade being worth of $443,293. The most recent stock trade was executed by Kevin M Curley on 4 June 2024, trading 551 units of TRST stock currently worth $14,993.
trustco bank has been the low cost provider of high quality products and services since opening for business in 1902 in the upstate town of schenectady, new york. throughout this time trustco bank has remained true to core banking principles and did not get caught up in any of the latest banking fads that have caused so many other banks to close their doors over the years. in 2002, the company began a large expansion, opening over 80 new branches in central florida, massachusetts, downstate new york, new jersey, and vermont.today, trustco bank has 147 branch locations, 53 of which are in the state of florida. the bank believes in old school, personal service and welcomes each customer by name as they enter the branch. offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. as of december 31, 2021, trustco bank' s assets were $6.2 billion. trustco bank has paid dividends to its shareholders for over 100 consecutive years, and has
Trustco Bank executives and other stock owners filed with the SEC include: