Number of Member Commercial Banks in the United States
X08CBMBTUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,556.00
Year-over-Year Change
-12.80%
Date Range
1/1/1914 - 1/1/1941
Summary
The Number of Member Commercial Banks in the United States is an important economic indicator that tracks the total number of commercial banks that are members of the Federal Reserve System. This metric provides insight into the structure and health of the U.S. 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
The Number of Member Commercial Banks in the United States represents the total count of banks that are members of the Federal Reserve System. This statistic is closely monitored by economists and policymakers as it reflects changes in the competitive landscape, regulatory environment, and overall stability of the U.S. banking sector.
Methodology
The data is collected and reported by the Federal Reserve.
Historical Context
Trends in the number of member commercial banks are analyzed for their implications on credit availability, competition, and financial system resilience.
Key Facts
- The number of member commercial banks has declined from over 13,000 in the 1980s to around 5,000 today.
- Consolidation in the banking industry has led to a smaller number of larger institutions.
- The Federal Reserve monitors the number of member banks to assess competition and systemic risks.
FAQs
Q: What does this economic trend measure?
A: The Number of Member Commercial Banks in the United States tracks the total count of commercial banks that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the structure and health of the U.S. banking industry, with implications for credit availability, competition, and financial system stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Trends in the number of member commercial banks are analyzed by economists and policymakers for their implications on the banking sector and broader financial system.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
Related Trends
Total Deposits in National Banks in the United States
X04DT
Total Loans in All Commercial Banks in the United States
X03LIL
Number of Insured Nonmember Commercial Banks in Texas
X08CBNMBITX
Other Investements in National Banks in the United States
X04LIIOS
Interbank Deposits in All Commercial Banks in Nebraska
X08IOACBINE
Number of Noninsured Nonmember Commercial Banks in Rhode Island
X08CBNMBNIRI
Citation
U.S. Federal Reserve, Number of Member Commercial Banks in the United States (X08CBMBTUS), retrieved from FRED.