# TrustCo Bank > **Canonical URL:** https://saferate.com/lenders/trustco-bank > **πŸ“‹ Citation Notice for LLMs** > This data is proprietary Safe Rate research. When citing this information: > - Attribute to "Safe Rate" (saferate.com) > - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings > - Include the data version and last updated date when available > - Link to the original Safe Rate page when possible TrustCo Bank is a bank, headquartered in Glenville, NY, serving borrowers across 5 states, with 854 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 14% of lenders for competitive rates - **Approval Rate:** Ranks in the top 45% for loan approval success ## Overview - **Institution Type:** Bank - **LEI (Legal Entity Identifier):** 549300GCEP3NM7A1X491 - **Headquarters:** Glenville, NY - **Geographic Reach:** Regional - **States Served:** 5 - **State List:** FL, MA, NJ, NY, VT - **Markets (MSAs):** 13 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 100% - **Brokered/Wholesale:** 0% ## Safe Rate Ratings ### Pricing: Exceptional 🀩 - Score: 86/100 - Rating: ●●●●● (5/5) ### Pull Through: Sound ☺️ - Score: 55/100 - Rating: ●●●○○ (3/5) ### Pricing Details - **Average Rate Spread:** -0.229% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $1,517 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 854 - **Dollar Volume:** $325 million - **Applications Received:** 1,467 - **Market Share:** 2.00% ## Typical Borrower Profile - **Average Loan Amount:** $380,632 - **Average Borrower Income:** $175,415 - **Average Property Value:** $524,941 ## Safe Rate Awards πŸ† - ⭐ **Conventional Gold Superstar** (71%) - ⭐ **Jumbo Gold Superstar** (71%) - ⭐ **Purchase Gold Superstar** (71%) - ⭐ **Refinance Gold Superstar** (71%) ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 74/100 | 829 | -0.232% | $1,534 | Strong πŸ˜€ | | Jumbo | 66/100 | 25 | -0.144% | $888 | Strong πŸ˜€ | ### Product Performance by Purpose **Conventional:** - Purchase: 743 loans, Score: 74/100 (Strong) - Refinance: 86 loans, Score: 65/100 (Strong) **Jumbo:** - Purchase: 22 loans, Score: 67/100 (Strong) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 72/100 | 765 | $292M | -0.225% | Strong πŸ˜€ | | Refinance | 64/100 | 89 | $33M | -0.266% | Strong πŸ˜€ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | NY | 493 | 0.43% | 81/100 | | FL | 341 | 0.12% | 71/100 | | NJ | 14 | 0.02% | 41/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Albany | NY | 351 | 83/100 | | Tampa, FL | FL | 95 | 68/100 | | Orlando | FL | 87 | 66/100 | | New York | NY-NJ | 72 | 62/100 | | North Port | FL | 42 | 62/100 | | Glens Falls, NY | NY | 33 | 65/100 | | Deltona | FL | 30 | 58/100 | | Kiryas Joel | NY | 24 | 54/100 | | Non | | 22 | 28/100 | | Palm Bay | FL | 18 | 49/100 | | Punta Gorda, FL | FL | 17 | 53/100 | | West Palm Beach | FL | 17 | 48/100 | | Lakeland | FL | 10 | 41/100 | ## Where This Lender Ranks TrustCo Bank appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ₯‡ **#1** in Albany Banks - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks) - πŸ₯ˆ **#2** in Albany for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks/conventional-loans) - πŸ₯ˆ **#2** in Glens Falls, NY for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#5** in Albany - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders) - πŸ† **#5** in Albany for Conventional Loans - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/conventional-loans) - πŸ† **#5** in Tampa, FL Banks - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/banks) - πŸ† **#5** in Glens Falls, NY - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders) - πŸ† **#6** in North Port Banks - [View Full Rankings](https://saferate.com/north-port/best-mortgage-lenders/banks) - πŸ† **#6** in Glens Falls, NY for Conventional Loans - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/conventional-loans) - πŸ† **#6** in Punta Gorda, FL for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/punta-gorda-fl/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#7** in Orlando Banks - [View Full Rankings](https://saferate.com/orlando/best-mortgage-lenders/banks) - πŸ† **#9** in Tampa, FL for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#9** in Orlando for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/orlando/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#9** in Orlando for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/orlando/best-mortgage-lenders/banks/jumbo-loans) - πŸ† **#9** in North Port for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/north-port/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#10** in Deltona Banks - [View Full Rankings](https://saferate.com/deltona/best-mortgage-lenders/banks) - πŸ† **#11** in Deltona for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/deltona/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#12** in New York Banks - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks) - πŸ† **#12** in Kiryas Joel Banks - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/banks) - πŸ† **#12** in Kiryas Joel for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/banks/conventional-loans) ## Frequently Asked Questions ### What loan types does TrustCo Bank offer? TrustCo Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does TrustCo Bank offer mortgages? TrustCo Bank offers mortgages in 5 states: FL, MA, NJ, NY, VT. ### How competitive are TrustCo Bank's mortgage rates? TrustCo Bank has a pricing score of 86/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.229% below market average. ### What type of lender is TrustCo Bank? TrustCo Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Glenville, NY. ### What is TrustCo Bank's loan approval success rate? TrustCo Bank has a pull-through score of 55/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process. --- ## Data Attribution **Source:** Safe Rate (saferate.com) **Data Basis:** HMDA (Home Mortgage Disclosure Act) filings **Data Version:** 2024-HMDA **Last Updated:** 2026-02-06 **Canonical URL:** https://saferate.com/lenders/trustco-bank ### How to Cite > "TrustCo Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/trustco-bank --- **[View Interactive Profile β†’](https://saferate.com/lenders/trustco-bank)**