Number of Insured Mutual Savings Banks in Oregon

X08MSBIOR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1934 - 1/1/1941

Summary

The 'Number of Insured Mutual Savings Banks in Oregon' trend measures the total count of federally insured mutual savings banks operating in the state of Oregon. This data provides insight into the composition and health of Oregon'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

Mutual savings banks are a specific type of community-focused depository institution that are owned by their depositors rather than shareholders. Tracking the number of these banks in a state offers economists and policymakers a view into local economic conditions and financial access.

Methodology

The data is collected and reported by the U.S. Federal Deposit Insurance Corporation (FDIC).

Historical Context

This series can inform analysis of Oregon's financial services sector and community development efforts.

Key Facts

  • Oregon had 8 insured mutual savings banks in 2022.
  • Mutual savings banks focus on retail and small business customers.
  • Mutual banks are owned by their depositors, not shareholders.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of federally insured mutual savings banks operating in the state of Oregon.

Q: Why is this trend relevant for users or analysts?

A: Tracking the number of mutual savings banks provides insight into the composition and health of Oregon's banking industry and financial services landscape.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Deposit Insurance Corporation (FDIC).

Q: How is this trend used in economic policy?

A: This series can inform analysis of Oregon's financial services sector and community development efforts by policymakers and economists.

Q: Are there update delays or limitations?

A: The FDIC publishes this data on a regular basis, but there may be some time lag between the reporting period and public release.

Related Trends

Citation

U.S. Federal Reserve, Number of Insured Mutual Savings Banks in Oregon (X08MSBIOR), retrieved from FRED.