Trustco Bank Promotions: $25/$75 Referral, $200 Checking & Savings, $150 Business Checking Bonuses [FL, MA, NJ, NY, VT]

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Contents

1 Trustco Bank $25/$75 Checking Or Savings Referral Bonus
- 1.1 Waive The Monthly Fee
- 1.2 Fine Print
2 [Expired] Trustco Bank Up To $200 Checking And Savings Bonus
3 [Expired] Trustco Bank $150 Business Checking Offer
4 [Expired] Trustco Bank $200 Checking & Savings Bonus
- 4.1 How To Earn The Bonus
- 4.2 Bottom Line

Find Trustco Bank (trustcobank.com) promotions and bonuses updated here. Typical offers in the past have been for $100 to $300 cash.

Update 11/15/2022: The $25/$75 referral bonus has been extended through 11/30/2022.

Established in 1925 as the Canajoharie Building, Savings and Loan Association, Trustco Bank received its current name in 2002. They are New York-based and have around 150 locations throughout Florida, Massachusetts, New Jersey, New York, and Vermont.

See our bank offers page for more offers. Top offers can be found from Chase Bank, U.S. Bank, TD Bank, BMO Harris, Bank of America and many more.

I”ll review the current offers below.

Trustco Bank $25/$75 Checking Or Savings Referral Bonus

What you’ll get: $25 for you, $75 for your referral
Where it’s available: FL, MA, NJ, NY, VT
How to earn it: Receive $25 for each checking or savings account referral and your friend will receive $75.
- Non-Trustco Customer must open a new Home Town Premier Checking or a Home Town Free Checking, with either a Direct Deposit, or 15 debit card transactions, or a $5,000 minimum balance for 60 days.
When it expires: ~~10/31/2022~~ 11/30/2022

Learn More at Trustco Bank

Waive The Monthly Fee

Home Town Free Checking Account has no monthly fee.

Home Town Premier Checking:

If Direct Deposit is canceled on the Home Town Premier Checking Account a Monthly Average Collected Balance of $500 is required or $5 Monthly Service Charge applies.

Fine Print

Account opening and other transactional requirements must be met.
All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
Direct Deposit must be the entire amount from a recurring Payroll, Social Security, and/or Pension (minimum of $500 monthly Direct Deposit). Direct Deposit or 15 debit card transactions must be completed within 45 calendar days from the date that the account was opened.
Debit Card transactions must post and clear the account to qualify.
Minimum of $50 to open a Checking Account.
Bonuses will be paid within 60 calendar days of verification that the balance requirement has been met.
A checking account with the above-mentioned criteria must also be open, active, and in good standing.

[Expired] Trustco Bank Up To $200 Checking And Savings Bonus

What you’ll get: Up to $200 bonus
Where it’s available: FL, MA, NJ, NY, VT
How to earn it:
- $100 bonus when you open a Home Town Personal or Business Checking Account† with direct deposit or $5,000 minimum balance for 60 days, or 15 debit card transactions within 45 days.
- $100 bonus when you open a new Personal or Business Savings Account with $10,000 minimum balance for 60 days.
When it expires: 9/30/2022

Learn More at Trustco Bank

Waive The Monthly Fee

Home Town Free Checking Account has no monthly fee.

Home Town Premier Checking:

If Direct Deposit is canceled on the Home Town Premier Checking Account a Monthly Average Collected Balance of $500 is required or $5 Monthly Service Charge applies.

Fine Print

All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
To receive the $100, you must open a Home Town Premier Checking, Home Town Free Checking, Student Checking or Business Checking Account with either Direct Deposit or 10 debit card transactions within 60 days of account opening.
Direct Deposits must be the entire amount from a recurring Payroll, Social Security, and/or Pension (minimum of $100 monthly Direct Deposit).
Minimum of $50 to open a Checking Account.
Monthly Service Charge or fees may reduce earnings.
To receive the $100, you must open a new Savings Account with a minimum of $5,000 (Club Accounts excluded).
Please note: They reserve the right to alter or withdraw these products or certain features without prior notification.

Bottom Line

Lower value than their previous $300 offer, which required more accounts that needed to be open for the max bonus. Compare with offers from Chase, Bank of America, TD Bank, Aspiration and more here.

[Expired] Trustco Bank $150 Business Checking Offer

What you’ll get: $150
Where it’s available: FL, MA, NJ, NY, VT
How to earn it: Open a new Home Town Business Checking Account with an average balance of $2,500 for the first statement cycle.
When it expires: 4/30/2022

See great bonuses from Chase, Aspiration, Bank of America and more here.

Learn More at Trustco Bank

Waive The Monthly Fee

$5 monthly service charge. To waive $5.00 monthly service charge, either: a $500 monthly average balance is required or set-up a qualifying Direct Deposit of your Merchant Services.

Fine Print

The $150 will be deposited to your account within 60-days of completing the requirements.

Bottom Line

They previously offered a $200 bonus for a business or personal checking account. Compare this offer with the best bank bonuses here.

[Expired] Trustco Bank $200 Checking & Savings Bonus

What you’ll get: $200
Where it’s available: In-branch only [FL, MA, NJ, NY, VT)
How to earn it:
- Earn $100: Open a new Hometown Premier or Hometown Free Checking and receive $5,000 in direct deposits or $5,000 minimum balance for 60 days or 10 debit card transactions within 45 calendar days
- Earn $100: Open a Hometown Savings account (club accounts excluded) with $5,000 minimum balance for 60 days (checking account must be opened at the same time)
When it expires: 9/6/2021

Learn More at Trustco Bank

How To Earn The Bonus

EARNING THE BONUSWAIVE THE MONTHLY FEEFINE PRINT

Earn $100: Open a new Hometown Premier or Hometown Free Checking and receive $5,000 in direct deposits or $5,000 minimum balance for 60 days or 10 debit card transactions within 45 calendar days
Earn $100: Open a Hometown Savings account (club accounts excluded) with $5,000 minimum balance for 60 days (checking account must be opened at the same time)

There is no monthly service charge for the free checking account and savings account (with a minimum balance of $200).

Account opening and other transactional requirements must be met.
All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
Direct Deposit must be the entire amount from a recurring Payroll, Social Security, and/or Pension (minimum of $100 monthly Direct Deposit). Minimum of $50 to open a Checking Account.
If Direct Deposit is canceled on the Home Town Premier Checking Account, a daily collected balance of $500 is required or $5 Monthly Service Charge applies.
A checking account with the above-mentioned criteria must also be open, active, and in good standing.
Mortgage subject to credit approval. Offer valid on new purchases, new construction, and non-Trustco Bank refinances. The value of the application fee for loans $15,000 to $550,000 is $299.00 and loans $550,001 to $1,500,000 is $349. NMLS# 474376.
Employees are ineligible from promotions.
Please Note: Trustco reserve the right to alter or withdraw these products or certain features thereof without prior notification.