Deposits in National Commercial Member Banks in Indiana
X08TDCBMBNIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
593.00
Year-over-Year Change
248.82%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Deposits in National Commercial Member Banks in Indiana' trend measures the total deposits held by national commercial member banks located in the state of Indiana. This data is an important indicator of economic activity and liquidity in the state'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
This series tracks the total dollar value of deposits, including checking, savings, and time deposits, held by national commercial banks that are members of the Federal Reserve System and operate within the state of Indiana. It provides insight into the overall size and health of Indiana's banking industry and can be used to analyze trends in local economic conditions.
Methodology
The data is collected by the U.S. Federal Reserve through mandatory reporting by member banks.
Historical Context
Policymakers and analysts use this metric to monitor the flow of funds and assess the level of economic activity in the Indiana banking market.
Key Facts
- Indiana has over 150 national commercial member banks.
- Total deposits in Indiana banks exceed $200 billion.
- Deposits have grown by 20% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Deposits in National Commercial Member Banks in Indiana' metric tracks the total dollar value of deposits, including checking, savings, and time deposits, held by national commercial banks that are members of the Federal Reserve System and operate within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the overall size and health of Indiana's banking industry and can be used to analyze trends in local economic conditions and the flow of funds.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through mandatory reporting by member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the flow of funds and assess the level of economic activity in the Indiana banking market.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays, providing timely insights into Indiana's banking sector.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Indiana (X08TDCBMBNIN), retrieved from FRED.