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Lucarelli elected chairman of Trustco board

The holding company for Glenville-based Trustco Bank has elected a new chairman to its board.

Joseph A. Lucarelli was elected chairman of TrustCo Bank Corp NY's board of directors, according to a filing with the U.S. Securities and Exchange Commission. His term will begin Jan. 1, 2014 and will end Dec. 31, 2014 or the date the board elects a successor chairman. He will succeed Anthony J. Marinello, the chairman for 2013.

Lucarelli is president of Traditional Builders, a residential home builder and developer based in Schenectady. He previously served as president of Bellevue Builders Supply Inc. and has sat on the board of directors of Trustco Bank since 1999.

Also on the board of directors are Dennis A. De Gennaro, Thomas O. Maggs, William D. Powers, William J. Purdy, William D. Powers, Robert A. McCormick and Robert J. McCormick.

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