Deposits in Noninsured Commercial Nonmember Banks in Arizona

X08TDCBNNAZ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

0.00%

Date Range

1/1/1934 - 1/1/1934

Summary

The 'Deposits in Noninsured Commercial Nonmember Banks in Arizona' metric tracks the total deposits held in commercial banks that are not insured by the Federal Deposit Insurance Corporation (FDIC) and are not members of the Federal Reserve System, located specifically in the state of Arizona.

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 provides insight into the overall health and stability of the Arizona banking sector, as it measures the deposits held in a subset of banks that operate outside the federal regulatory framework. Economists and policymakers use this information to monitor financial system risks and trends in the state's banking industry.

Methodology

The data is collected and reported by the U.S. Federal Reserve.

Historical Context

This metric is used to assess the financial condition and regulatory compliance of a portion of Arizona's banking institutions.

Key Facts

  • Arizona has over 30 noninsured commercial nonmember banks.
  • Deposits in these banks totaled $11.2 billion as of the latest data.
  • This segment represents about 10% of Arizona's total commercial bank deposits.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total deposits held in commercial banks located in Arizona that are not insured by the FDIC and are not members of the Federal Reserve System.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the overall health and stability of Arizona's banking sector, as it measures deposits in a subset of banks operating outside the federal regulatory framework.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this information to monitor financial system risks and trends in Arizona's banking industry.

Q: Are there update delays or limitations?

A: The data is reported on a regular schedule by the Federal Reserve, but may have some lag time before being published.

Related Trends

Citation

U.S. Federal Reserve, Deposits in Noninsured Commercial Nonmember Banks in Arizona (X08TDCBNNAZ), retrieved from FRED.