Interbank Deposits in Nonmember Commercial Banks in the United States
X06DI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
464.00
Year-over-Year Change
61.11%
Date Range
1/1/1914 - 7/1/1941
Summary
The Interbank Deposits in Nonmember Commercial Banks in the United States measures the total deposits that nonmember commercial banks hold at other banks. This metric provides insight into interbank lending activity and the health of the banking system.
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 series tracks the total dollar value of deposits that commercial banks hold at other banks, excluding member banks of the Federal Reserve System. It offers a window into the interconnectedness of the banking sector and the flow of funds between institutions.
Methodology
The data is collected through regulatory reporting by the Federal Reserve.
Historical Context
Analysts and policymakers monitor this metric to assess credit conditions and systemic risk in the financial system.
Key Facts
- Nonmember banks account for over 20% of total U.S. commercial bank assets.
- Interbank deposits provide a key source of liquidity for smaller banks.
- Trends in this metric can signal changes in counterparty risk and systemic vulnerabilities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of deposits that commercial banks, excluding Federal Reserve members, hold at other banks. It provides insight into interbank lending activity and the interconnectedness of the banking system.
Q: Why is this trend relevant for users or analysts?
A: Monitoring interbank deposits is important for assessing credit conditions, counterparty risk, and the overall health and stability of the financial system.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through regulatory reporting by commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge systemic risk, evaluate the flow of funds between institutions, and inform decisions on monetary policy and financial regulation.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Federal Reserve, with some lag from the reporting period. There may be revisions or changes to the underlying data collection methodology over time.
Related Trends
Number of Insured Nonmember Commercial Banks in Illinois
X08CBNMBIIL
Deposits in State Commercial Member Banks in Texas
X08TDCBMBSTX
Other Deposits in National Banks in the United States
X04DO
Total Time Deposits
X09TDT
Voluntary Liquidations Among State Member Banks
X14SMBVI
Number of State Member Commercial Banks in Michigan
X08CBMBSMI
Citation
U.S. Federal Reserve, Interbank Deposits in Nonmember Commercial Banks in the United States (X06DI), retrieved from FRED.