PARK NATIONAL CORP /OH/

Park National Corporation operates as a regional bank holding company providing commercial banking, trust, and wealth management services through its subsidiary Park National Bank. The company serves small and medium population areas across the United States, offering a range of deposit products including demand, savings, and time accounts. Beyond traditional banking, it provides trust and wealth management services, cash management, electronic funds transfer capabilities, and digital banking solutions including internet and mobile platforms with bill pay functionality.

The company generates revenue across multiple lending segments. Commercial lending encompasses industrial and commercial property financing, equipment and inventory financing, acquisition financing, and commercial leasing. Commercial real estate loans represent another significant segment, covering mortgage financing to developers and commercial property owners. The company also originates equipment financing leases for commercial vehicles and municipal equipment. Consumer lending includes automobile, recreational vehicle, and watercraft loans, alongside home equity lines of credit, residential mortgages, and construction loans. Additional services encompass aircraft financing and ParkDirect, a personal banking application.

Based in Newark, Ohio, Park National Corporation operates with approximately 1,589 full-time employees. The company was founded in 1908 and is incorporated in Ohio. It maintains a presence on the New York Stock Exchange and holds a market capitalization of approximately $3.0 billion.