Conversions from Nonmember Banks into National Banks
X14NBCNBI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-90.48%
Date Range
1/1/1921 - 1/1/1941
Summary
The 'Conversions from Nonmember Banks into National Banks' trend measures the number of banks that convert from state-chartered non-member status to nationally-chartered status. This provides insight into the evolving banking landscape and regulatory environment.
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 number of banks that transition from being state-chartered, non-member institutions to becoming nationally-chartered banks. This conversion process reflects strategic decisions by banks and can indicate shifts in the competitive and regulatory dynamics of the banking sector.
Methodology
The data is collected and published by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts monitor this trend to understand changes in the structure and composition of the U.S. banking system.
Key Facts
- National banks are regulated by the Office of the Comptroller of the Currency.
- Conversions can be driven by regulatory changes or strategic business decisions.
- The trend peaked in the 1980s during a wave of bank deregulation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of banks that convert from being state-chartered, non-member institutions to becoming nationally-chartered banks.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this trend provides insight into the evolving structure and dynamics of the U.S. banking system, which is important for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand changes in the competitive and regulatory landscape of the banking sector, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve, so the timeliness and availability may be subject to their reporting schedule and any potential data collection limitations.
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Citation
U.S. Federal Reserve, Conversions from Nonmember Banks into National Banks (X14NBCNBI), retrieved from FRED.