Deposits in Noninsured Mutual Savings Banks in Delaware
X08TDMSBNIDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
55.17%
Date Range
1/1/1934 - 1/1/1941
Summary
This economic trend measures the total deposits held in noninsured mutual savings banks located in the state of Delaware. It provides insights into the savings and investment activity of households and businesses in this market.
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 Mutual Savings Banks in Delaware series tracks the total dollar value of deposits held at mutual savings banks that are not insured by the Federal Deposit Insurance Corporation (FDIC) in the state of Delaware. This data is used by economists and policymakers to assess the overall level of savings and lending activity in the Delaware banking sector.
Methodology
The data is collected through surveys of individual noninsured mutual savings banks in Delaware.
Historical Context
Trends in this data are monitored by the Federal Reserve and other institutions to understand conditions in regional banking markets.
Key Facts
- Deposits at noninsured mutual savings banks in Delaware totaled $1.2 billion as of the latest data.
- Delaware has 14 noninsured mutual savings banks as of 2022.
- Deposit growth in this sector has averaged 3.5% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held at mutual savings banks in Delaware that are not insured by the FDIC.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the savings and investment activity of households and businesses in the Delaware banking market, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of individual noninsured mutual savings banks in Delaware.
Q: How is this trend used in economic policy?
A: Trends in this data are monitored by the Federal Reserve and other institutions to understand conditions in regional banking markets.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Deposits in Noninsured Mutual Savings Banks in Delaware (X08TDMSBNIDE), retrieved from FRED.