Mansfield-Ashland-Bucyrus, OH holds $4.5 billion in deposits across 18 insured institutions and 66 branches, ranking #223 of 293 U.S. markets by economic output. The Park National Bank is the largest deposit holder at 23.0% share. The top three institutions hold 54.6% of deposits, which places the market in the moderate band. Deposits have grown 18% since 2020 while the branch count fell by 11.
Deposit trend
Branches: 77 in 2020 to 66 in 2025. Institutions: 19 to 18. Top-three share: 52.4% to 54.6%. Deposits per branch: $69M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| The Park National Bank | 1.0B | 23.0% | +4% |
| Mechanics Bank | 0.8B | 16.6% | +31% |
| The Huntington National Bank | 0.7B | 15.0% | +54% |
| JPMorgan Chase Bank | 0.4B | 7.9% | +13% |
| First Federal Community Bank of Bucyrus | 0.2B | 5.4% | +79% |
| First Federal Bank of Ohio | 0.2B | 4.0% | +23% |
| Sutton Bank | 0.2B | 3.7% | +20% |
| PNC Bank | 0.2B | 3.6% | -8% |
| Civista Bank | 0.2B | 3.6% | +7% |
| CNB Bank | 0.2B | 3.5% | +0% |
The 10 largest of 18 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Richland County | Ohio | $4,665M | 124,893 | 59.5% |
| Ashland County | Ohio | $1,853M | 52,523 | 23.6% |
| Crawford County | Ohio | $1,318M | 41,896 | 16.8% |
Recruiting in Mansfield
Deposits are neither closely held nor widely dispersed, which usually leaves room for a well-led team to take share without competing head-on with a dominant holder. 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 this one, on a retained basis.
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