| History |
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Over A Century Of Service
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The Bank of Mansfield, established in 1892, is the oldest business in Mansfield.
Initially the bank operated as a partnership from 1892 until 1902 at which time it was
incorporated.
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The original stockholders of the corporation included G.W. Freeman, M.A. Freeman, J.B.
Freeman, Mrs. S.A. Freeman and N.J. Craig. During its over 100 year history, the bank has
been presided over by six presidents: G.W. Freeman served from the bank's inception until
his death in 1933; M.A. Freeman, his son, until 1948; followed by George B. Freeman,
grandson, until 1960 and Gorman C. (Pete) Freeman, another grandson, until 1975. Joseph D.
Coday, great grandson of the bank's founder, served until 1992. The current president is
Joe's wife, Jean C. Coday.
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The cashiers over the years have included N.J. Craig, A.J. Clark, C.N. Clark, Herbert Curtis,
Robert L. Tester, James W. Clark, Leah Davis and Donna Tutt. At the present time, the board
of the bank consists of Jean C. Coday, Robert S. Coday, Joseph C. Coday, Jane K. Coday, Dale
Freeman ("Pete" Freeman's son), Ivan E. Forrest, Mike Roberts, William Maddy and James E. Miller.
At the time of his death in 1933, G.W. Freeman pledged a sufficient amount of his own personal
assets to ensure the bank's continued operation throughout the Great Depression. The Bank of
Mansfield is distinguished as the only independent, home-owned bank which still operates in
Wright County.
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The Bank of Mansfield has shown a growth in assets from a few hundred thousand dollars to over
50 million dollars at the present time. The Bank of Mansfield has always endeavored to be an
integral and supportive part of the community and has participated in major civic projects
throughout its 100+ year history.
The board of directors, officers and bank staff are proud of our history and take pride
in helping to preserve the heritage of our fine community.
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We are looking forward to making many great memories in the future.
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