Number of Noninsured Nonmember Commercial Banks in Delaware
X08CBNMBNIDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-66.67%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Number of Noninsured Nonmember Commercial Banks in Delaware' trend measures the count of commercial banks in Delaware that are not members of the Federal Reserve system and do not have deposit insurance.
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 trend provides insight into the composition and dynamics of Delaware's banking industry, which is important for understanding the state's financial landscape and economic conditions.
Methodology
The data is collected and reported by the Federal Reserve.
Historical Context
Policymakers and analysts use this information to monitor the banking sector and assess financial stability.
Key Facts
- Delaware had 10 noninsured nonmember commercial banks as of the latest data.
- This number has declined by 50% over the past decade.
- Noninsured banks lack the deposit insurance and oversight of the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial banks in Delaware that are not members of the Federal Reserve system and do not have deposit insurance.
Q: Why is this trend relevant for users or analysts?
A: This information is important for understanding the composition and dynamics of Delaware's banking industry, which can provide insights into the state's financial landscape and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this information to monitor the banking sector and assess financial stability in Delaware.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but may be subject to occasional delays or revisions.
Related Trends
Total Unemployed, Plus All Marginally Attached Workers, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Marginally Attached Workers for Delaware
U6UNEM6DE
Gross Domestic Product: State and Local in Delaware
DEGOVSLNGSP
Estimated Percent of People Under Age 5 in Poverty for Delaware
PP0T4DE10000A156NCEN
Chain-Type Quantity Index for Real GDP: Truck Transportation (484) in Delaware
DETRUCKTRANQGSP
Average Hourly Earnings of All Employees: Professional and Business Services in Delaware
SMU10000006000000003A
Chain-Type Quantity Index for Real GDP: Wood Product Manufacturing (321) in Delaware
DEWPMANQGSP
Citation
U.S. Federal Reserve, Number of Noninsured Nonmember Commercial Banks in Delaware (X08CBNMBNIDE), retrieved from FRED.