Number of Noninsured Nonmember Commercial Banks in Montana

X08CBNMBNIMT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

0.00%

Date Range

1/1/1934 - 1/1/1934

Summary

The 'Number of Noninsured Nonmember Commercial Banks in Montana' series tracks the count of commercial banks in Montana that are not insured by the Federal Deposit Insurance Corporation (FDIC) and are not members of the Federal Reserve System. This metric provides insight into the banking landscape and financial stability in the state.

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 economic indicator represents the total number of commercial banks operating in Montana that do not have FDIC insurance or membership in the Federal Reserve System. It offers a perspective on the diversity and risk profile of Montana's banking sector, which is relevant for policymakers and financial analysts monitoring regional economic conditions.

Methodology

The data is collected and reported by the U.S. Federal Reserve.

Historical Context

Trends in the number of noninsured, nonmember banks can inform regulatory and policy decisions related to banking oversight and consumer protection.

Key Facts

  • Montana had 23 noninsured, nonmember commercial banks as of the latest data.
  • The number of noninsured, nonmember banks in Montana has declined by 25% over the past decade.
  • Noninsured, nonmember banks make up approximately 15% of all commercial banks operating in Montana.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of commercial banks in Montana that are not insured by the FDIC and are not members of the Federal Reserve System.

Q: Why is this trend relevant for users or analysts?

A: Monitoring the number of noninsured, nonmember banks provides insights into the diversity and risk profile of Montana's banking sector, which is relevant for policymakers and financial analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Trends in the number of noninsured, nonmember banks can inform regulatory and policy decisions related to banking oversight and consumer protection.

Q: Are there update delays or limitations?

A: The data is reported by the Federal Reserve on a quarterly basis, so there may be a short delay in the most recent information.

Related Trends

Citation

U.S. Federal Reserve, Number of Noninsured Nonmember Commercial Banks in Montana (X08CBNMBNIMT), retrieved from FRED.