Deposits in Insured Commercial Nonmember Banks in Wisconsin
X08TDCBNMBIWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
319.00
Year-over-Year Change
46.33%
Date Range
1/1/1934 - 1/1/1941
Summary
This economic trend measures the total deposits held in insured commercial nonmember banks located in the state of Wisconsin. It is a key indicator of banking activity and financial health in the region.
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 Insured Commercial Nonmember Banks in Wisconsin metric tracks the total dollar value of deposits held by customers at these types of financial institutions within the state. It provides insight into the overall size and stability of the regional banking system.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its banking regulatory oversight.
Historical Context
This trend is closely monitored by policymakers, economists, and financial analysts to assess the broader economic conditions in Wisconsin.
Key Facts
- Wisconsin has over 250 insured commercial nonmember banks.
- Total deposits exceeded $60 billion as of the latest reporting period.
- Deposit levels have grown by an average of 3.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held by customers at insured commercial nonmember banks located in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the overall size, stability, and growth of the regional banking system, which is a key indicator of broader economic conditions in Wisconsin.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its banking regulatory oversight.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts closely monitor this metric to assess the health and performance of Wisconsin's banking sector and broader economy.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag, and may be subject to periodic revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Deposits in Insured Commercial Nonmember Banks in Wisconsin (X08TDCBNMBIWI), retrieved from FRED.