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DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
FEDERAL RESERVE Statistical Release G . 6

For Immediate Release

March 22, 1978

Debits During The Month (Annual Rate, Billions Of Dollars)
To Demand Deposits 11 (SA)

All Banks

JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
•JANUARY

New York City

32,719.1
31 , 5 8 3 . 2
32,541.1
33,343.9
34,687.0
34,605.2
34,407.7
35,932.7
36,321.9
37,068.4
36,831.9
37,331.1
37,333.9

To Savings Deposits 2J (NSA) By Type Of Customer

Other Banks

13,360.4
12,703.0
12,880.8
13,276.9
13,979.7
14,049.7
13,506.1
14,358.5
14,388.9
14,976.2
14,216.3
14,633.3
14,430.4

19,338.7
18,880.2
19,660.3
20,067.0
20,707.3
20,755.5
20,901.7
21,574.1
21,933.0
22,092.2
22,615.7
22,697.8
22,903.5

Total

Business 2 /

348.0
355.2
345.5
360.0
334.6
359.2
395.3

40.8
44.5
46.9
47.7
45.3
54.7
49.9

Other

307.3
310.7
298.6
312.3
289.4
304,5
345.4

Ave,age Deposits Outstanding (Billions Of Dollars)
Demand Deposits 1J (SA)
All Banks

1 9 7 7 - J AN U A RY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER

N e w York City

256.9
255.0
255.9
260.0
259.4
260.6
270.6
269.8
271.6
276.3
275.8
278.0
280.6

OCTOBER

NOVEMBER
DECEMBER
1978—JANUARY

Savings Deposits 2 / (NSA) By Type Of Customer

Other Banks

28.7
27.4
27.3
27.7
27.7
26.8
28.1
27.6
27.0
28.0
27.1
27.1
28.2

228.2
227.6
228.6
232.3
231.7
233.8
242.4
242.2
244.7
248.2
248.7
250.8
252.4

Total

Business 2 /

214.2
214.4
214.0
214.8
214.6
214.6
216.4

10.2
10.5
10.7
10.8
11.0
10.9
10.5

Other

204.0
203.9
203.2
203.9
203.6
203.7
206.0

Annual Rate Of Deposit Turnover
Demand Deposits 1 / (SA)
All Banks

1977-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1978-JANUARY

127.4
123.9
127.2
126.2
133.7
133.6
127.2
133.2
133.7
134.2
133.5
134.3
133.1

1/
2/
1/

New York City

466.2
463.6
471.8
479.3
504.7
524.2
479.9
519.3
533.8
533.9
524.4
539.2
512.2

Savings Deposits 2J (NSA) By Type Of Customer
Other Banks

|

84.7
83.0
86.0
86.4
89.4
88.8
86.2
89.1
89.6
89.0
90.9
90.5
90.7

Total

Business 2/

1
l
1
l
l
l
1

6
7
6
7
6
7
8

4.0
4.2
4.4
4.4
4.1
5.0
4.8

Other

1.5
1.5
1.5
1.5
1.4
1.5
1.7

REPRESENTS ACCOUNTS OF I N D I V I D U A L S , PARTNERSHIPS, AND CORPORATIONS AND OF STATES AND
POLITICAL SUBDIVISIONS.
EXCLUDES NOW ACCOUNTS AND SPECIAL CLUB ACCOUNTS, SUCH AS CHRISTMAS AND VACATION CLUBS.
REPRESENTS CORPORATIONS AND OTHER P R O F I T - S E E K I N G ORGANIZATIONS (EXCLUDING COMMERCIAL
BANKS BUT INCLUDING SAVINGS AND LOAN A S S O C I A T I O N S , MUTUAL SAVINGS BANKS, CREDIT UNIONS,
THE EXPORT-IMPORT BANK, AND FEDERALLY SPONSORED LENDING A G E N C I E S ) .

NOTE:
H I S T O R I C A L DATA FOR THE PERIOD 1 9 7 0 THROUGH JUNE 1 9 7 7 HAVE BEEN ESTIMATED; THESE
ESTIMATES ARE BASED I N PART ON THE D E B I T S SERIES FOR 2 3 3 S M S A ' S , WHICH WERE A V A I L A B L E THROUGH
JUNE 1 9 7 7 .
BACK DATA ARE A V A I L A B L E FROM PUBLICATIONS S E R V I C E S , D I V I S I O N OF A D M I N I S T R A T I V E
S E R V I C E S , BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, D . C .
20551.
DEBITS
AND TURNOVER DATA FOR SAVINGS DEPOSITS ARE NOT AVAILABLE PRIOR TO JULY 1 9 7 7 .