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Nonmember Banks With Average Deposits Less Than One Million Dollars As Of June 3°, 1939 Insured Non-insured Total lumber Aggregate Deposits 5921 $ 2,082,383,000 868 184,537,000 6789 $ 2,266,920,000 Honmember Banks With Average Deposits Over One Million Dollars As Of June 30, 1939 Insured Non-insured TotaL lumber Aggregate Deposits I3I8 | 4,371,117, 000 107 li|25 1,473,595,000 $ 5,8i|4,712,000 NOTE* On December $1, 1939 there were 2656 non-par banks, only 7 per cent of #iich, or 186 banks, had deposits in excess of $1,000,000# Accordingly, only 186 of the non-par banks would have to keep their reserves with a Federal Reserve Bank and even then they ?/ould not have to give up charging exchange unless they elected to become full-fledged members«
@FedFRASER