State Member Banks in All Districts
X15ALDTPLSMB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,502.00
Year-over-Year Change
34.23%
Date Range
1/1/1916 - 1/1/1941
Summary
The 'State Member Banks in All Districts' metric tracks the total number of state-chartered banks that are members of the Federal Reserve System. This metric provides insights into the health and composition of the U.S. banking industry.
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 'State Member Banks in All Districts' series represents the total number of state-chartered banks that have chosen to become members of the Federal Reserve System. This data point is used by economists and policymakers to analyze trends in the U.S. banking sector and financial system stability.
Methodology
The data is collected and reported by the Federal Reserve.
Historical Context
Policymakers and analysts monitor this metric to understand the evolving structure of the U.S. banking industry.
Key Facts
- There were 3,342 state member banks as of the latest data.
- State member banks hold over $15 trillion in total assets.
- Membership in the Federal Reserve System is voluntary for state-chartered banks.
FAQs
Q: What does this economic trend measure?
A: The 'State Member Banks in All Districts' metric tracks the total number of state-chartered banks that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and composition of the U.S. banking industry, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to understand the evolving structure of the U.S. banking industry and assess financial system stability.
Q: Are there update delays or limitations?
A: The data is released on a regular basis with minimal delays, providing a timely view of the U.S. banking sector.
Related Trends
Time Deposits in All Insured Commercial Banks in Cities with 500,000 or Fewer Residents
X10AICBTIDO5L
Other Deposits in All Banks in the United States
X02DO
Primary Organizations (New Banks) Among National Banks
X14NBPONB
Other Investements in Nonmember Commercial Banks in the United States
X06LIIOS
Interbank Deposits in All Insured Commercial Banks in Cities with 500,000 or Fewer Residents
X10AICBIDO5L
Deposits in State Commercial Member Banks in Oregon
X08TDCBMBSOR
Citation
U.S. Federal Reserve, State Member Banks in All Districts (X15ALDTPLSMB), retrieved from FRED.