Liabilities: Deposits: Due to Nonmember Banks -- Clearing Account, Special Deposits of Nonmember Banks

LDDNMBSDNMB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.21

Year-over-Year Change

-31.04%

Date Range

7/6/1917 - 4/11/1934

Summary

This economic indicator tracks special deposits and clearing accounts held by nonmember banks within the Federal Reserve system. It provides insights into interbank financial transactions and liquidity management across the banking network.

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

The metric represents financial interactions between member and nonmember banks, reflecting the complex monetary ecosystem and interbank settlement processes. Economists use this data to understand banking system dynamics and potential liquidity pressures.

Methodology

Data is collected through Federal Reserve reporting mechanisms, tracking deposit balances and special account transactions from nonmember financial institutions.

Historical Context

This trend is used in macroeconomic analysis to assess banking sector health, monetary flow, and potential systemic financial risks.

Key Facts

  • Tracks special deposits outside primary Federal Reserve member banks
  • Provides insights into banking system interconnectedness
  • Helps economists understand potential financial system stress points

FAQs

Q: What does this economic indicator measure?

A: It measures special deposits and clearing accounts held by nonmember banks within the Federal Reserve system, tracking interbank financial transactions.

Q: Why are nonmember bank deposits important?

A: These deposits reveal the financial interactions and liquidity management strategies of banks outside the primary Federal Reserve network.

Q: How frequently is this data updated?

A: The data is typically updated periodically, with frequency depending on Federal Reserve reporting schedules and banking system transactions.

Q: How do policymakers use this information?

A: Policymakers analyze this trend to assess banking sector health, potential systemic risks, and overall monetary system stability.

Q: What are the limitations of this indicator?

A: The data provides a snapshot of specific banking transactions and may not capture the entire complexity of the financial system's dynamics.

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Citation

U.S. Federal Reserve, Liabilities: Deposits: Due to Nonmember Banks -- Clearing Account, Special Deposits of Nonmember Banks [LDDNMBSDNMB], retrieved from FRED.

Last Checked: 8/1/2025