Number of Insured Mutual Savings Banks in Wisconsin

X08MSBIWI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

0.00%

Date Range

1/1/1934 - 1/1/1941

Summary

The Number of Insured Mutual Savings Banks in Wisconsin tracks the count of state-chartered banks in Wisconsin that accept deposits and provide lending services. This metric is of interest to economists and policymakers monitoring the health and stability of the state's financial 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

The Number of Insured Mutual Savings Banks in Wisconsin represents the total number of state-chartered banks in Wisconsin that are members of the Federal Deposit Insurance Corporation (FDIC) and operate as mutual savings banks. This data provides insight into the structure and composition of Wisconsin's banking sector.

Methodology

The data is collected and reported by the Federal Reserve Bank of St. Louis through its Federal Economic Data (FRED) system.

Historical Context

This trend is used by economists, regulators, and policymakers to analyze the competitive landscape and financial stability of Wisconsin's banking industry.

Key Facts

  • Wisconsin had 7 insured mutual savings banks as of the latest data.
  • Mutual savings banks are owned by their depositors rather than shareholders.
  • The number of these banks has declined over the past two decades.

FAQs

Q: What does this economic trend measure?

A: The Number of Insured Mutual Savings Banks in Wisconsin tracks the total count of state-chartered banks in Wisconsin that operate as mutual savings banks and are members of the FDIC.

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

A: This metric provides insight into the structure and competitive landscape of Wisconsin's banking industry, which is relevant for economists, regulators, and policymakers analyzing the state's financial system.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Federal Reserve Bank of St. Louis through its FRED system.

Q: How is this trend used in economic policy?

A: This trend is used by economists, regulators, and policymakers to monitor the health and stability of Wisconsin's banking sector and inform policies related to financial services and industry competition.

Q: Are there update delays or limitations?

A: The data is reported with a slight delay, but it provides a comprehensive view of the number of insured mutual savings banks in Wisconsin.

Related Trends

Citation

U.S. Federal Reserve, Number of Insured Mutual Savings Banks in Wisconsin (X08MSBIWI), retrieved from FRED.