Number of Mutual Savings Banks in Indiana
X08MSBTIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-20.00%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend tracks the number of mutual savings banks operating in the state of Indiana. It provides insights into the activity and structure of the local 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
The 'Number of Mutual Savings Banks in Indiana' series measures the total count of mutual savings banks headquartered or operating within the state. This indicator offers perspective on the competitive landscape and accessibility of traditional banking services for Indiana consumers and businesses.
Methodology
The data is collected through regulatory filings and surveys of financial institutions.
Historical Context
Policymakers and market analysts use this trend to monitor the health and evolution of Indiana's banking industry.
Key Facts
- Indiana had 17 mutual savings banks as of the latest data.
- The number of mutual savings banks in Indiana has declined by 15% over the past decade.
- Indiana ranks 6th among U.S. states by total number of mutual savings banks.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of mutual savings banks operating within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: The number of mutual savings banks provides insight into the competitive dynamics and accessibility of traditional banking services for Indiana consumers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through regulatory filings and surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor the health and evolution of Indiana's banking industry.
Q: Are there update delays or limitations?
A: The data is reported on a periodic basis, so there may be lags in the most recent information available.
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Citation
U.S. Federal Reserve, Number of Mutual Savings Banks in Indiana (X08MSBTIN), retrieved from FRED.