Total Mutual Savings Banks in the United States
MSBTTL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
548.00
Year-over-Year Change
-3.52%
Date Range
1/1/1914 - 7/1/1941
Summary
The 'Total Mutual Savings Banks in the United States' series tracks the total number of mutual savings banks operating in the U.S. This metric provides insight into the size and landscape of the savings banking industry.
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
Mutual savings banks are a type of financial institution that operate as non-profit cooperatives owned by their depositors. This data series reflects the overall market presence and activity of this specialized banking segment.
Methodology
The data is collected by the U.S. Federal Reserve through regulatory reporting from banks.
Historical Context
Trends in mutual savings bank totals offer perspective on the competitive dynamics and consolidation within the broader banking sector.
Key Facts
- Mutual savings banks are owned by their depositors.
- There were over 700 mutual savings banks in the U.S. in the 1980s.
- The number of mutual savings banks has declined by over 90% since the 1980s.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of mutual savings banks operating in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in mutual savings bank totals offer insights into the competitive dynamics and consolidation within the broader U.S. banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through regulatory reporting from banks.
Q: How is this trend used in economic policy?
A: Mutual savings bank totals provide market context for policymakers and analysts assessing the health and competitiveness of the U.S. banking industry.
Q: Are there update delays or limitations?
A: The Federal Reserve data is published with a short lag, typically providing a current view of the mutual savings bank landscape.
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Citation
U.S. Federal Reserve, Total Mutual Savings Banks in the United States (MSBTTL), retrieved from FRED.