Total Deposits in Commercial Nonmember Banks in Wisconsin
X08TDCBNMBTWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326.00
Year-over-Year Change
60.59%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Nonmember Banks in Wisconsin' series measures the total amount of deposits held by commercial banks in Wisconsin that are not members of the Federal Reserve System. This metric provides insights into the overall liquidity and health 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 economic indicator tracks the deposit balances of non-member commercial banks in Wisconsin. Nonmember banks are a subset of the state's banking institutions that have chosen not to join the Federal Reserve System. The total deposits held by these banks is a useful proxy for the scale and activity of Wisconsin's regional banking landscape.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts monitor this series to gauge the funding and liquidity conditions of Wisconsin's independent commercial banks.
Key Facts
- Wisconsin has over 130 commercial banks that are not members of the Federal Reserve.
- Nonmember bank deposits in Wisconsin total over $65 billion.
- Deposit levels at nonmember banks have grown by 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total amount of deposits held by commercial banks in Wisconsin that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: The total deposits of nonmember banks provide insights into the overall liquidity and activity of Wisconsin's regional banking sector, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this series to gauge the funding and liquidity conditions of Wisconsin's independent commercial banks.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reporting period.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Nonmember Banks in Wisconsin (X08TDCBNMBTWI), retrieved from FRED.