Number of Mutual Savings Banks in Delaware
X08MSBTDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Number of Mutual Savings Banks in Delaware' trend tracks the total count of mutual savings banks operating in the state of Delaware. This metric provides insight into the size and stability 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
Mutual savings banks are a specific type of financial institution that operate as non-profit cooperatives, unlike traditional commercial banks. Analyzing the number of these banks in Delaware offers economists and policymakers a gauge of financial activity and economic conditions in the state.
Methodology
The data is collected through regulatory filings and surveys of banking institutions.
Historical Context
Trends in mutual savings bank counts are monitored by economists and financial regulators to assess the health of local banking markets.
Key Facts
- Delaware had 3 mutual savings banks as of the latest data.
- Mutual savings banks account for a small but stable portion of Delaware's overall banking sector.
- The number of mutual savings banks in Delaware has declined gradually over the past two decades.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Mutual Savings Banks in Delaware' trend tracks the total count of mutual savings banks operating in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the number of mutual savings banks in Delaware offers insights into the size and stability of the state's banking sector, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through regulatory filings and surveys of banking institutions.
Q: How is this trend used in economic policy?
A: Trends in mutual savings bank counts are monitored by economists and financial regulators to assess the health of local banking markets.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing a timely view of the Delaware banking landscape.
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Citation
U.S. Federal Reserve, Number of Mutual Savings Banks in Delaware (X08MSBTDE), retrieved from FRED.