Lenders › Trustco Bank › New York
Trustco Bank in New York
HMDA record for properties in New York, calendar year 2024. National record · New York overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In New York, Trustco Bank reported 2,317 applications and 1,365 originations for 2024, $286m in all.
Its denial rate in the state was 27.1%, close to the New York rate of 25.4% across all lenders and compared with the lender's national rate of 31.2%.
The median rate spread on its New York originations was -2.1 percentage points (state median 0.3).
Applications in the state were down 17% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Trustco Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 27.1% | 25.4% | 31.2% | 24.3% |
| Median rate spread, pp | -2.1 | 0.3 | -2.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.2% | 15.0% | 0.1% | 15.6% |
| Average originated loan | $209k | $446k | $223k | $329k |
| Home purchase share | 35.8% | 55.3% | 33.3% | 57.0% |
| FHA-insured share | 0.0% | 7.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 2.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew York, all lenders
Loan purpose and loan type in New York
By purpose
Home purchase 36% (489)Home improvement 17% (238)Refinancing 7% (100)Cash-out refinancing 12% (167)Other purpose 27% (371)
By type
Conventional 100% (1,365)
Denial reasons as coded
Share of 525 denials in New York by first denial reason coded (outlined bar: all lenders in the state).
Counties in New York
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Saratoga County | 470 | 313 | $67m | 17.0% |
| Albany County | 479 | 298 | $59m | 23.3% |
| Schenectady County | 349 | 201 | $34m | 30.6% |
| Westchester County | 226 | 117 | $30m | 34.8% |
| Rensselaer County | 191 | 116 | $21m | 23.3% |
| Rockland County | 164 | 87 | $27m | 36.4% |
| Warren County | 62 | 43 | $8.3m | 13.7% |
| Washington County | 69 | 37 | $6.5m | 30.4% |
| Dutchess County | 71 | 36 | $11m | 35.0% |
| Columbia County | 58 | 31 | $5.3m | 35.4% |
| Greene County | 33 | 18 | $2.3m | 36.7% |
| Orange County | 34 | 16 | $3.4m | 32.0% |
| Putnam County | 35 | 12 | $3.9m | 57.1% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Trustco Bank originate in New York in 2024?
1,365 loans totalling $286m, from 2,317 applications reported for properties in New York.
What is Trustco Bank's denial rate in New York?
27.1% of decided applications in New York were denied, against 25.4% for all lenders in the state and 31.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New York counties does Trustco Bank lend in most?
By originations: Saratoga County (313), Albany County (298), Schenectady County (201), Westchester County (117), Rensselaer County (116).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New York. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.