Federal Reserve Economic Data: Your trusted data source since 1991

Small-Denomination Time Deposits: Total (STDNS)

Observation:

Dec 2023: 1,048.1 (+ more)   Updated: Jan 23, 2024
Dec 2023:  1,048.1  
Nov 2023:  1,022.9  
Oct 2023:  990.3  
Sep 2023:  968.5  
Aug 2023:  945.2  
View All

Units:

Billions of Dollars,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The small-denomination time deposits component of M2 includes time deposits at banks and thrifts with balances less than $100,000. The small-denomination time deposit component of M2 excludes individual retirement account (IRA) and Keogh balances at depository institutions because heavy penalties for pre-retirement withdrawals make them too illiquid to be included in the monetary aggregates. Gross small-denomination time deposits, derived as the difference between total time deposits and time deposits with balances of $100,000 or more, are reported on the FR 2900 and, for institutions that do not file an FR 2900, are estimated using data reported on the Call Reports. IRA and Keogh account balances at depository institutions are estimated using data reported on the Call Reports.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Small-Denomination Time Deposits: Total [STDNS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STDNS, February 24, 2024.


Subscribe to the FRED newsletter


Follow us

Back to Top
Top