Number of Mutual Savings Banks in Oregon
X08MSBTOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Number of Mutual Savings Banks in Oregon' metric tracks the total number of mutual savings banks operating in the state of Oregon. This statistic is important for economists and policymakers to assess the health and evolution of the banking industry.
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 type of financial institution that operates as a depositor-owned bank, as opposed to a shareholder-owned commercial bank. Tracking the number of these banks in Oregon provides insight into the state's banking landscape and trends.
Methodology
The data is collected through regulatory reporting by the Federal Deposit Insurance Corporation (FDIC).
Historical Context
This metric is used by economists, policymakers, and financial analysts to monitor the competitive dynamics and structural changes in Oregon's banking sector.
Key Facts
- Oregon had 10 mutual savings banks as of the latest data.
- Mutual savings banks account for a small but stable share of Oregon's overall banking industry.
- The number of mutual savings banks in Oregon has declined over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of mutual savings banks operating in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of mutual savings banks provides insight into the structure and evolution of Oregon's banking sector, which is relevant for economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through regulatory reporting by the Federal Deposit Insurance Corporation (FDIC).
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the competitive dynamics and structural changes in Oregon's banking industry, which can inform financial regulations and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and processes of the FDIC, which may result in some delays before the most recent information is available.
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Citation
U.S. Federal Reserve, Number of Mutual Savings Banks in Oregon (X08MSBTOR), retrieved from FRED.