Number of Insured Nonmember Commercial Banks in Delaware
X08CBNMBIDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
-4.17%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Number of Insured Nonmember Commercial Banks in Delaware' trend measures the total count of commercial banks in Delaware that are insured but not members of the Federal Reserve System. This metric provides insight into the competitive landscape and financial health of Delaware's banking sector.
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 series tracks the number of insured commercial banks in Delaware that operate outside the Federal Reserve System. It is an important indicator of the state's banking industry composition and can help analysts assess market concentration, competition, and the availability of banking services for consumers and businesses.
Methodology
The data is collected by the Federal Deposit Insurance Corporation (FDIC) through its quarterly reporting on the U.S. banking system.
Historical Context
Policymakers and economists use this metric to monitor the structure and competitiveness of Delaware's banking market as part of broader financial system analysis.
Key Facts
- Delaware has over 25 insured nonmember commercial banks.
- The number of these banks has remained relatively stable in recent years.
- Nonmember banks make up a significant portion of Delaware's overall banking industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial banks in Delaware that are insured by the FDIC but are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the competitive landscape and structure of Delaware's banking industry, which is important for policymakers, economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Deposit Insurance Corporation (FDIC) through its quarterly reporting on the U.S. banking system.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the competitiveness and availability of banking services in Delaware as part of broader financial system analysis.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the FDIC, so there may be a short delay before the most recent figures are available.
Related Trends
All Employees: Manufacturing in Delaware
DEMFG
Management of Companies and Enterprises Earnings in Delaware
DEEMAN
Average Weekly Hours of All Employees: Education and Health Services in Delaware
SMU10000006500000002A
Average Weekly Hours of All Employees: Manufacturing in Delaware
SMU10000003000000002
90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Delaware
PECILBU18DE10000A647NCEN
Housing Inventory: Active Listing Count Month-Over-Month in Delaware
ACTLISCOUMMDE
Citation
U.S. Federal Reserve, Number of Insured Nonmember Commercial Banks in Delaware (X08CBNMBIDE), retrieved from FRED.