Total Deposits in Commercial Member Banks in the United States
X08TDCBMBTUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58,512.00
Year-over-Year Change
583.55%
Date Range
1/1/1914 - 1/1/1941
Summary
Total Deposits in Commercial Member Banks in the United States measures the total value of deposits held at commercial banks that are members of the Federal Reserve System. This metric provides insights into the liquidity and stability of the 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
This series represents the total dollar value of deposits held at commercial banks that are members of the Federal Reserve. It is a key indicator of banking system liquidity and can signal broader economic trends related to consumer spending, investment, and the availability of credit.
Methodology
The data is collected and reported by the Federal Reserve through its weekly H.8 statistical release.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the overall health and lending capacity of the U.S. banking system.
Key Facts
- Total deposits reached a record high of $17.9 trillion in 2022.
- Deposits grew by over 25% from 2019 to 2022.
- Commercial bank deposits account for over 80% of the U.S. money supply.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held at commercial banks that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Total deposits provide key insights into the liquidity and lending capacity of the U.S. banking system, which is crucial for understanding economic growth, consumer spending, and credit availability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve through its weekly H.8 statistical release.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to assess the overall health and lending capacity of the U.S. banking system, which informs decisions on monetary policy and financial regulations.
Q: Are there update delays or limitations?
A: The data is reported weekly with minimal delays, providing timely insights into the banking sector.
Related Trends
Number of Commercial Banks in Maryland
X08CBTMD
Time Deposits in Insured Nonmember Commercial Banks in Cities with 100,000 or Fewer Residents
X10INCBTIDO1L
Time Deposits in Member Banks in New York City and Chicago
X11TDNYCC
Number of Insured Nonmember Commercial Banks in Washington
X08CBNMBIWA
Demand Deposits in All Insured Commercial Banks in New York City
X10AICBDDYNC
Interbank Deposits in All Member Banks in Cities with 500,000 or Fewer Residents
X10AMBIDO5L
Citation
U.S. Federal Reserve, Total Deposits in Commercial Member Banks in the United States (X08TDCBMBTUS), retrieved from FRED.