Other Deposits in All Commercial Banks in Montana
X08IOACBOMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.00
Year-over-Year Change
73.81%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the value of other deposits held in all commercial banks located in the state of Montana. It provides insights into the overall banking and financial activity within the state.
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 'Other Deposits in All Commercial Banks in Montana' metric tracks the total value of deposits in commercial banks across Montana that are not classified as demand, time, or savings deposits. This data point offers a broader view of the state's banking sector and can be used to analyze economic conditions and financial trends.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of its regular surveys of commercial banking activity.
Historical Context
This economic indicator is closely monitored by policymakers, analysts, and economists to assess the financial health and economic performance of the state of Montana.
Key Facts
- Montana has over 60 commercial banks operating within the state.
- Other deposits make up approximately 20% of total bank deposits in Montana.
- This metric has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits in commercial banks across Montana that are not classified as demand, time, or savings deposits. It provides a broader view of banking activity in the state.
Q: Why is this trend relevant for users or analysts?
A: This data point is relevant for understanding the overall financial health and economic performance of the state of Montana, as it offers insights into the banking sector beyond just the major deposit categories.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve as part of its regular surveys of commercial banking activity.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and economists closely monitor this indicator to assess the financial conditions and economic performance of the state of Montana, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Federal Reserve, but there may be a short delay between the reporting period and the public release of the information.
Related Trends
Loans in All Member Banks in Cities with 500,000 or Fewer Residents
X10AMBLO5L
State Member Banks in the United States
STTMBRBNK
Cash in Vault for All Member Banks in Chicago
X10AMBCVC
Number of Insured Nonmember Commercial Banks in California
X08CBNMBICA
Total Decreases in the Number of Banks Among Nonmember Incorporated Commercial Banks
X14NICBDNB
Demand Deposits in All Member Banks in New York City
X10AMBDDYNC
Citation
U.S. Federal Reserve, Other Deposits in All Commercial Banks in Montana (X08IOACBOMT), retrieved from FRED.