Conversions to National Banks from State Member Banks
X14SMBCNBD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-33.33%
Date Range
1/1/1921 - 1/1/1941
Summary
This economic trend tracks the number of banks that convert from state member banks to national banks in the United States. It provides insight into the dynamics of the banking industry 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
The 'Conversions to National Banks from State Member Banks' series measures the number of banks that switch their charter from a state member bank to a nationally chartered bank. This metric is used by economists and policymakers to understand the regulatory and competitive landscape of the U.S. banking system.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
Trends in bank charter conversions can reflect changes in the regulatory environment or competitive pressures faced by banks.
Key Facts
- The series began in 1914.
- Peaks in conversions occurred in the 1980s and early 2000s.
- Conversions can be motivated by changes in regulatory requirements or a bank's strategic goals.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of banks that convert their charter from a state member bank to a nationally chartered bank in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in bank charter conversions provide insight into the dynamics of the U.S. banking industry and regulatory environment.
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 economists analyze this trend to understand changes in the competitive and regulatory landscape facing banks.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve on a regular basis, but may be subject to revisions or delays in reporting.
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Citation
U.S. Federal Reserve, Conversions to National Banks from State Member Banks (X14SMBCNBD), retrieved from FRED.