All Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc.
This dataset tracks all member banks, classification of deposits: demand: certified and officers' checks, etc. over time.
Latest Value
1009.00
Year-over-Year Change
87.55%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'All Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc.' trend measures the value of certified and officers' checks held by U.S. commercial banks. This metric provides insight into the banking system's liquidity and demand deposit composition.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This Federal Reserve statistical series tracks the volume of certified and officers' checks, which are a specific type of demand deposit held by commercial banks. It offers analysts a view into the liquidity and transaction dynamics within the U.S. banking sector.
Methodology
The data is collected through the Federal Reserve's mandatory reporting requirements for commercial banks.
Historical Context
Policymakers and economists monitor this series to assess banking system liquidity and demand deposit trends.
Key Facts
- Certified and officers' checks are a specialized type of demand deposit.
- The DECOC series tracks a subset of total bank deposits.
- Monitoring this metric provides insight into banking system transaction dynamics.
FAQs
Q: What does this economic trend measure?
A: The DECOC series measures the value of certified and officers' checks held by U.S. commercial banks, a specific type of demand deposit.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into banking system liquidity and transaction activity, which are important factors for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting requirements for commercial banks by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess banking system liquidity and demand deposit trends, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The DECOC data is published with the standard release schedule for Federal Reserve banking statistics, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, All Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc. (DECOC), retrieved from FRED.