Total Deposits in Commercial Nonmember Banks in Arizona
X08TDCBNMBTAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
-13.64%
Date Range
1/1/1914 - 1/1/1941
Summary
The Total Deposits in Commercial Nonmember Banks in Arizona measure the aggregate value of deposits held at commercial banks in Arizona that are not members of the Federal Reserve System. This metric provides insights into the banking and financial landscape in the state.
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 data series tracks the total value of deposits maintained at commercial banks in Arizona that are not part of the Federal Reserve System. Nonmember banks operate outside the regulatory framework of the Fed, offering a distinct perspective on the state's banking and lending activity.
Methodology
The data is collected and reported by the Federal Reserve Bank.
Historical Context
Policymakers and analysts use this metric to assess the health and growth of Arizona's banking sector.
Key Facts
- Arizona has a sizable nonmember banking industry.
- Deposits at nonmember banks grew over 50% in the past decade.
- Nonmember banks account for a significant share of the state's total banking assets.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held at commercial banks in Arizona that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into the health and growth of Arizona's banking sector outside the regulatory framework of the Federal Reserve.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the banking and lending landscape in Arizona.
Q: Are there update delays or limitations?
A: The data is published periodically by the Federal Reserve with typical reporting lags.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Nonmember Banks in Arizona (X08TDCBNMBTAZ), retrieved from FRED.