Deposits in Insured Commercial Nonmember Banks in Delaware
X08TDCBNMBIDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.00
Year-over-Year Change
47.50%
Date Range
1/1/1934 - 1/1/1941
Summary
This economic trend measures the total value of deposits held in insured commercial banks in the state of Delaware that are not members of the Federal Reserve System. It provides insight into the liquidity and health of 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
The Deposits in Insured Commercial Nonmember Banks in Delaware metric tracks the volume of funds held in non-member commercial banks located in Delaware. This statistic is used by economists and policymakers to gauge the stability and activity of the state's banking industry.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banking institutions.
Historical Context
Trends in this metric are closely monitored for signals about the broader economy and potential risks to financial stability.
Key Facts
- Delaware has over 25 insured commercial banks that are not members of the Federal Reserve System.
- Deposits in these non-member banks account for over $20 billion in total banking assets in the state.
- Deposit levels at Delaware's nonmember banks have grown by an average of 4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held in commercial banks located in Delaware that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Trends in Delaware's nonmember bank deposits provide insights into the liquidity and health of the state's banking sector, which is an important indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banking institutions.
Q: How is this trend used in economic policy?
A: Deposit levels at nonmember banks are closely monitored for signals about the broader economy and potential risks to financial stability.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately 6-8 weeks.
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Citation
U.S. Federal Reserve, Deposits in Insured Commercial Nonmember Banks in Delaware (X08TDCBNMBIDE), retrieved from FRED.