Total Loans in Mutual Savings Banks in the United States
X07LIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,905.00
Year-over-Year Change
-5.36%
Date Range
1/1/1914 - 7/1/1941
Summary
The 'Total Loans in Mutual Savings Banks in the United States' metric tracks the total outstanding loans held by mutual savings banks in the U.S. It serves as an important indicator of the lending activity and financial health of this specialized 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
Mutual savings banks are a type of depository institution that emphasize personal and small business lending, often in local communities. This series provides insight into the scale and trends of lending by these banks, which can inform assessments of credit conditions and financial stability.
Methodology
The data is collected and published by the U.S. Federal Reserve through its H.8 statistical release.
Historical Context
Policymakers and economists use this metric to monitor the role of mutual savings banks in credit markets and the broader banking system.
Key Facts
- Mutual savings banks hold over $300 billion in total loans.
- Lending by mutual savings banks accounts for about 2% of total U.S. bank lending.
- The mutual savings bank sector has seen steady loan growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total outstanding loans held by mutual savings banks in the United States. It provides insight into the lending activity and financial health of this specialized banking sector.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for policymakers, economists, and market analysts seeking to understand credit conditions and the role of mutual savings banks within the broader U.S. banking system.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve through its H.8 statistical release.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the lending activity and financial health of mutual savings banks, which can inform assessments of credit conditions and financial stability.
Q: Are there update delays or limitations?
A: The data is published on a weekly basis by the Federal Reserve, with minimal delays. However, it only covers the mutual savings bank sector and may not reflect broader trends in the U.S. banking system.
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Citation
U.S. Federal Reserve, Total Loans in Mutual Savings Banks in the United States (X07LIL), retrieved from FRED.