Park National Corp.
PARK NATIONAL CORP /OH/ Stock, ASE:PRK
Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in Ohio and Northern Kentucky. It offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services for individual customers. The company also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventories and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; consumer loans, such as automobile loans and home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial leasing products. In addition, it offers aircraft financing and asset management services. As of December 31, 2016, the company operated 112 banking offices and a network of 139 automated teller machines. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.