Total Deposits in Commercial Member Banks in Montana
X08TDCBMBTMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.00
Year-over-Year Change
221.43%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Member Banks in Montana' tracks the total value of deposits held by commercial banks operating in the state of Montana. This metric provides insight into the overall liquidity and health of the state's banking system.
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 Federal Reserve economic series measures the aggregate deposits held by all commercial banks that are members of the Federal Reserve System in the state of Montana. It serves as an important indicator of banking sector activity and consumer financial behavior within the state.
Methodology
The data is collected directly from Federal Reserve member banks operating in Montana and aggregated into a statewide total.
Historical Context
Policymakers and analysts use this trend to monitor the flow of funds through Montana's financial system and assess the state's economic conditions.
Key Facts
- Montana has over 50 FDIC-insured commercial banks.
- Deposits at Montana banks totaled over $45 billion in 2022.
- The state's deposit base has grown by 30% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total value of deposits held by commercial banks operating in the state of Montana. It provides a high-level view of the liquidity and activity in Montana's banking sector.
Q: Why is this trend relevant for users or analysts?
A: The total deposit level is an important indicator of consumer and business financial behavior, as well as the overall health of the state's banking system. Analysts and policymakers use this data to assess Montana's economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects deposit data directly from its member commercial banks operating in Montana and aggregates the figures into a statewide total.
Q: How is this trend used in economic policy?
A: Regulators and policymakers monitor this deposit data to understand liquidity conditions, consumer spending patterns, and the stability of the Montana banking sector. It informs decisions around monetary policy, financial regulation, and economic development initiatives.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this deposit data on a monthly basis, with a lag of approximately 6-8 weeks. The data covers all FDIC-insured commercial banks in Montana but does not include credit unions or other non-bank financial institutions.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Member Banks in Montana (X08TDCBMBTMT), retrieved from FRED.