Ashland County, Ohio, a core county of the Mansfield-Ashland-Bucyrus, OH market, holds $1.1B in deposits across 10 insured institutions and 15 branches. The Huntington National Bank is the largest deposit holder at 28.0% share. The top three banks hold 60% of deposits, which places the county in the Concentrated band. Deposits have grown 15.4% since 2021 while the branch count rose by 7.1%. It produced $1.9B of real gross domestic product in 2024, ranking #964 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 14 in 2021 to 15 in 2026. Institutions: 9 to 10. Top-three share: 58% to 60%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Huntington National Bank | $302M | 28.0% | +24% |
| The Park National Bank | $172M | 15.9% | +15% |
| PNC Bank | $169M | 15.7% | +13% |
| Main Street Bank Corp. | $119M | 11.0% | +97% |
| JPMorgan Chase Bank | $106M | 9.9% | +6% |
| Sutton Bank | $98M | 9.1% | -10% |
| Farmers State Bank | $65M | 6.1% | +8% |
| WesBanco Bank, Inc. | $38M | 3.5% | -33% |
| Woodforest National Bank | $5M | 0.4% | +9% |
| Mechanics Bank | $4M | 0.4% | no 2021 presence |
The 10 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Mansfield-Ashland-Bucyrus market
Ashland County is one of 3 counties that make up the Mansfield-Ashland-Bucyrus, OH market, a Combined Statistical Area (ranked #223 of 293 U.S. markets by economic output). It produces 23.6% of the market’s output and holds 22.9% of its deposits.
| Measure | Ashland County | Share of parent market |
|---|---|---|
| 2024 GDP | $1.9B | 23.6% |
| Deposits | $1.1B | 22.9% |
| Population | 52,523 | 23.9% |
View the full Mansfield-Ashland-Bucyrus market profile →
Recruiting in Ashland County
Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Ashland County.
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