Conversions to Private Banks from All Incorporated Commercial Banks
X14AICBCPBD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
300.00%
Date Range
1/1/1922 - 1/1/1932
Summary
This economic trend measures the number of U.S. commercial banks that have converted from public to private ownership. It provides insight into industry consolidation and the changing landscape 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
The 'Conversions to Private Banks from All Incorporated Commercial Banks' series tracks the number of commercial banks that transition from public to private status. This data point is used by economists and policymakers to analyze trends in banking industry structure and concentration.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on its database of commercial bank charters.
Historical Context
This trend is relevant for understanding shifts in the competitive dynamics and regulatory oversight of the U.S. banking system.
Key Facts
- The number of commercial bank conversions peaked in the late 1990s.
- Privately-owned banks are subject to less regulatory oversight than public banks.
- Bank consolidation can impact competition and access to financial services.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of U.S. commercial banks that have converted from public to private ownership status.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into industry consolidation and changing competitive dynamics within the U.S. banking sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on its database of commercial bank charters.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding shifts in the regulatory oversight and competitive landscape of the U.S. banking system.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this data on a regular basis, but there may be lags in reporting due to the underlying data collection process.
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Citation
U.S. Federal Reserve, Conversions to Private Banks from All Incorporated Commercial Banks (X14AICBCPBD), retrieved from FRED.