Deposits in Insured Commercial Nonmember Banks in Nebraska

X08TDCBNMBINE • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

61.00

Year-over-Year Change

27.08%

Date Range

1/1/1934 - 1/1/1941

Summary

The 'Deposits in Insured Commercial Nonmember Banks in Nebraska' economic trend measures the total deposits held in commercial banks in Nebraska that are not members of the Federal Reserve system. This metric is closely watched by economists and policymakers to gauge the financial health and stability of the state'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

This series tracks the aggregate dollar value of deposits held at FDIC-insured commercial banks located in Nebraska that are not members of the Federal Reserve system. It provides insights into the liquidity and consumer/business confidence in the local banking industry, which is a key indicator of economic conditions in the state.

Methodology

The data is collected directly from financial reports submitted by individual banks to the Federal Deposit Insurance Corporation (FDIC).

Historical Context

Policymakers and market analysts use this metric to monitor trends in Nebraska's banking system and evaluate the economic climate within the state.

Key Facts

  • Nebraska has over 170 FDIC-insured commercial banks that are not members of the Federal Reserve system.
  • Deposits in these nonmember banks account for over $40 billion in total assets.
  • The Nebraska banking sector has remained stable, with deposit growth averaging 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: The 'Deposits in Insured Commercial Nonmember Banks in Nebraska' trend measures the total dollar value of deposits held at FDIC-insured commercial banks located in Nebraska that are not members of the Federal Reserve system.

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

A: This metric provides insights into the liquidity and consumer/business confidence in Nebraska's local banking industry, which is a key indicator of economic conditions in the state.

Q: How is this data collected or calculated?

A: The data is collected directly from financial reports submitted by individual banks to the Federal Deposit Insurance Corporation (FDIC).

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this metric to monitor trends in Nebraska's banking system and evaluate the economic climate within the state.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a typical 2-3 month delay from the end of the reporting period.

Related Trends

Citation

U.S. Federal Reserve, Deposits in Insured Commercial Nonmember Banks in Nebraska (X08TDCBNMBINE), retrieved from FRED.