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The bank moved to 129 East Water Street in 1920, and then to One Chemung Canal Plaza in 1971. [1] In 1951, the bank began expanding and opened branches throughout the Twin Tiers. [4] In 2011, the bank acquired the Fort Orange Financial Corp. and its subsidiary Capital Bank & Trust Company of Albany, New York, expanding its network to the Albany ...
In 2023, the bank opened its East Greenbush branch, the first located in Rensselaer County. [18] In 2024, the bank opened the Capital Region Banking Center, its first non-branch office outside of Catskill. [19] In 2023, the bank opened its wealth management center at 345 Main Street in Catskill, the former Tanners Bank Building.
Albany (/ ˈ ɔː l b ə n i / ⓘ AWL-bə-nee) is the capital and oldest city in the U.S. state of New York, and the county seat of and most populous city in Albany County.It is located on the west bank of the Hudson River, about 10 miles (16 km) south of its confluence with the Mohawk River.
The bank continued to expand in the 1980s as they extended to the entire Capital Region. In July 1982, TrustCo Bank Corp NY was formed and a new Operations Center opened on Erie Boulevard in 1982 to handle the acquisition of seven Bank of New York offices, which occurred in January 1984.
Capital Bank began in 1997 as the Triangle's first new bank in eight years, after raising $26 million, the most for a new bank in the state's history. [8] By 2005, after expansion and buying other banks, Capital had $915 million in assets, [ 9 ] and by 2010, assets had reached $1.7 billion. [ 10 ]
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The Albany City Savings Bank Building, also known as the Home and City Savings Bank, is located at 100 State Street and was the first skyscraper built in Albany, New York. It is the city's 11th tallest building today.
The Capital District, also known as the Capital Region, is the metropolitan area surrounding Albany, the capital of the U.S. state of New York. The Capital District was first settled by the Dutch in the early 17th century and came under English control in 1664. Albany has been the permanent capital of the state of New York since 1797.