Number of Noninsured Nonmember Commercial Banks in Wisconsin
X08CBNMBNIWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-35.29%
Date Range
1/1/1934 - 1/1/1941
Summary
The Number of Noninsured Nonmember Commercial Banks in Wisconsin tracks the total number of commercial banks in the state that are not members of the Federal Reserve System and do not have federal 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 metric provides insight into the Wisconsin banking landscape, highlighting the number of smaller, independent commercial banks operating without federal deposit insurance. It is an indicator of the state's banking diversity and the presence of community-focused financial institutions.
Methodology
The data is collected by the Federal Reserve through its survey of commercial banking institutions.
Historical Context
This trend is relevant for policymakers and analysts assessing the health and resilience of Wisconsin's banking sector.
Key Facts
- There are over 200 noninsured, nonmember commercial banks in Wisconsin.
- These banks account for a significant portion of the state's banking assets.
- The number of noninsured, nonmember banks has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial banks in Wisconsin that are not members of the Federal Reserve System and do not have federal deposit insurance.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the diversity and resilience of Wisconsin's banking sector, as it tracks the presence of smaller, independent financial institutions that operate without federal deposit insurance.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through its survey of commercial banking institutions in the United States.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health and stability of Wisconsin's banking industry, which is relevant for financial regulation, economic development, and community banking initiatives.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Number of Noninsured Nonmember Commercial Banks in Wisconsin (X08CBNMBNIWI), retrieved from FRED.