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    Gregory Roeder

    Research Analyst at Adirondack Funds

    Gregory A. Roeder, CFA, is the Co-Portfolio Manager and Head of Research at Adirondack Research & Management, Inc., where he specializes in small-cap equity investments as co-manager of the Adirondack Small Cap Fund. He has overseen investments in a diversified portfolio of U.S. small-cap companies, consistently identifying inefficiencies and generating competitive returns since the fund's inception. Roeder founded the firm in 2004 following his prior experience in investment management, and has since led the portfolio and research strategy. He holds the Chartered Financial Analyst (CFA) designation, reflecting deep professional expertise in securities analysis and fund management.

    Gregory Roeder's questions to TRUSTCO BANK CORP N Y (TRST) leadership

    Gregory Roeder's questions to TRUSTCO BANK CORP N Y (TRST) leadership • Q4 2024

    Question

    Gregory Roeder of Adirondack Funds asked about TrustCo's appetite for increasing its commercial loan exposure and sought details on the new cannabis banking initiative, including its geographic scope and operational focus.

    Answer

    President Robert McCormick confirmed TrustCo's interest in opportunistically growing its commercial loan portfolio in a 'slow and steady' manner, particularly in 2026 and 2027. Regarding the cannabis initiative, McCormick stated it is available across their entire market, with most activity currently in New York and Massachusetts, and is focused on providing deposit services to retail operators.

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