Deposits in Noninsured Commercial Nonmember Banks in North Carolina
X08TDCBNNNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
100.00%
Date Range
1/1/1934 - 1/1/1941
Summary
This economic trend measures the total deposits held in noninsured commercial banks located in North Carolina that are not members of the Federal Reserve System. It provides insight into the health and activity of the state's non-member 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 Noninsured Commercial Nonmember Banks in North Carolina metric tracks the total value of funds deposited with commercial banks in North Carolina that are not federally insured and do not belong to the Federal Reserve. This data point is used by economists and policymakers to gauge the stability and liquidity of the state's non-member banking industry.
Methodology
The data is collected directly from financial reports submitted by the individual noninsured commercial banks.
Historical Context
Trends in this metric can indicate shifts in consumer and business confidence, as well as the overall lending environment, within North Carolina's non-member banking sector.
Key Facts
- North Carolina has over 100 noninsured commercial banks.
- Deposits at these banks totaled $X.XX billion as of the latest data.
- The metric has shown a X% increase over the past year.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held at commercial banks in North Carolina that are not federally insured and do not belong to the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Trends in non-member bank deposits provide insights into the overall health and activity of North Carolina's non-federally insured banking sector, which is an important component of the state's financial system.
Q: How is this data collected or calculated?
A: The data is collected directly from financial reports submitted by the individual noninsured commercial banks in North Carolina.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to gauge consumer and business confidence, as well as the lending environment, within North Carolina's non-member banking industry.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately 2-3 months. There may be limited coverage of smaller noninsured banks.
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Citation
U.S. Federal Reserve, Deposits in Noninsured Commercial Nonmember Banks in North Carolina (X08TDCBNNNC), retrieved from FRED.