Deposits in National Commercial Member Banks in Iowa
X08TDCBMBNIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
288.00
Year-over-Year Change
62.71%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Deposits in National Commercial Member Banks in Iowa' metric tracks the total value of deposits held in national commercial member banks located within the state of Iowa. This data provides insight into the overall liquidity and financial activity within Iowa's 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
The 'Deposits in National Commercial Member Banks in Iowa' series measures the total value of deposits, including demand deposits, time deposits, and savings deposits, held by national commercial banks that are members of the Federal Reserve System and located in the state of Iowa. This metric serves as an indicator of the overall level of economic and financial activity within the state.
Methodology
The Federal Reserve collects this data through its regular surveys and reporting processes for national member banks.
Historical Context
Policymakers and economists use this data to assess the financial health and liquidity of Iowa's banking sector and broader economy.
Key Facts
- Iowa has over 300 national commercial member banks.
- Total deposits in Iowa's national commercial banks exceeded $100 billion in 2022.
- Deposit growth has averaged 4% annually in Iowa over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Deposits in National Commercial Member Banks in Iowa' metric tracks the total value of deposits held in national commercial banks located within the state of Iowa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the overall liquidity and financial activity within Iowa's banking sector, which is an important indicator of the state's broader economic health and performance.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through its regular surveys and reporting processes for national member banks.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the financial health and liquidity of Iowa's banking sector and broader economy, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Federal Reserve with minimal delays, providing timely information on deposit trends in Iowa's national commercial banking system.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Iowa (X08TDCBMBNIA), retrieved from FRED.