Source: Board of Governors of the Federal Reserve System (US)
Release: H.6 Money Stock Measures
This series has been discontinued and will no longer be updated. It has been consolidated under the following series, which will continue to be updated: MDLM.
Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Components of the monetary aggregates are reported at a total industry level without a breakdown by banks and thrifts. For further information about the changes to the H.6 Statistical Release, see the announcements provided by the source.
The other checkable deposits component of M1 consists of negotiable order of withdrawal (NOW) accounts and automated transfer service (ATS) balances at banks, thrifts, and foreign related institutions, credit union share draft balances, and demand deposits at thrifts. These items are reported on the FR 2900 and, for institutions that do not file the FR 2900, are estimated using data reported on the Call Reports.
Board of Governors of the Federal Reserve System (US), Other Checkable Deposits: Total (DISCONTINUED) [OCDNS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OCDNS, March 23, 2023.