Mansfield-Ashland-Bucyrus, OH, a Combined Statistical Area, 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 17.7% since 2020 while the branch count fell by 14.3%.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
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.
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% | +1% |
| KeyBank | $150M | 3.3% | -16% |
| Peoples Savings and Loan Company | $126M | 2.8% | +9% |
| Main Street Bank Corp. | $100M | 2.2% | +92% |
| Farmers State Bank | $73M | 1.6% | +55% |
| Galion Building and Loan Bank | $63M | 1.4% | +7% |
| U.S. Bank | $59M | 1.3% | -14% |
| WesBanco Bank, Inc. | $42M | 0.9% | no 2020 presence |
| Woodforest National Bank | $7M | 0.2% | -2% |
The 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. 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 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Richland County | Ohio | $4.7B | 124,893 | 59.5% | 53.2% |
| Ashland County | Ohio | $1.9B | 52,523 | 23.6% | 23.2% |
| Crawford County | Ohio | $1.3B | 41,896 | 16.8% | 23.6% |
Recruiting in the Mansfield-Ashland-Bucyrus market
Deposits are moderately concentrated here, held by a mix of institutions rather than dominated by one. 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.
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