The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release m "f*4L R " For Immediate Release G.6 DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS May 1 7 , Seasonally Adjusted 1988 Debits During the Month (Annual rate, billions of dollars) To ATS/NOW accounts 2 To demand deposits 1 all banks 1987-FBBfiUARY -MARCH -APRIL -MAY -JUNE -JULX -AUGUST -SEPTEMBER -OCTOBER -NOVEMBER -DECEMBER 1988-JANUARY -FEBRUARY -MARCH 211,935.6 217,250.4 217,797.2 217,397.2 212,414.4 219,501.3 221,729.0 219,182.9 234,398.3 219,386.1 203,290.6 213,270.8 221,057.3 218,987.1 New York City 102, 145.1 106,108.1 105,186.5 107,724.1 103,027.6 106,428.9 109,062.5 105,149.4 110,833.6 103,693.6 92,640.1 98,733.8 104,568.3 101,161.0 To savings deposits 3 other banks 109,790.5 111,142.3 112,610.7 109,673.1 109,386.8 113,072.3 112,666.5 114,033.4 123,564.6 115,692.5 110,650.5 114,537.0 116,489.0 117,826.1 2,274.1 2,297.9 2,384.2 2,310.5 2,417.b 2,498.7 2,333.1 2,349.0 2,591.3 2,536.1 2,525.7 2,352.7 z,7 JO,3 2,064.7 482.1 498.4 508. 1 488.5 565.8 548.2 518.8 524.0 582.4 570.8 556.0 534.9 596.0 640.7 Average Deposits Outstanding (Billions of dollars) ATS/NOW accounts 2 Demand deposits 1 all banks 1987-FEBRUARY -MARCH -APRIL -MAY -JUNE -JULY -AUGUST -SEPTEMBER -OCTOBER -NOVEMBER -DECEMBER 1988-JANUARI -FEBRUARY -MARCH 355.2 352.9 358.8 363.3 353. 1 349.2 355.7 350.5 357.9 354.4 344.3 354.0 351.9 348.3 New York City 39.5 38.4 39.4 41.0 38.6 37.5 40. 1 38.7 40.4 39.6 35.5 38.0 36.8 36.0 Savings deposits 3 other banks 315.7 314.6 319.4 322.3 314.5 311.7 315.6 311.8 317.5 314.9 308.8 316.0 315. 1 312.3 167.8 169.9 173.1 173.4 173.3 174. 1 176.8 177.9 179.4 179. 1 178.3 180.4 182.9 183.9 161.8 165.7 169.7 171.9 173.2 174.9 175.7 176.1 175. 1 174. 1 175.0 175.9 178.2 181.0 Annual Rate of Deposit Turnover ATS/NOW accounts 2 Demand deposits 1 all banks 1987-FEBRUARY -MARCH -APRIL -MAY -JUNE -JULY -AUGUST -SEPTEMBER -OCTOBER -NOVEMBER -DECEMBER 1988-JANUARY -FEBRUARY -MARCH 596.7 615.5 607.0 598.5 601.6 628.6 623.3 625.3 654.9 619.0 590.4 602.5 628.2 628.8 New York City 2,587.3 2,766.7 2,670.3 2,629.5 2,671.6 2,837.4 2,718.2 2,715.1 2,744.7 2,620.2 2,608.1 2,600.3 2,844.8 2,811.0 other banks 347.8 353.3 352.6 340.3 347.8 362.8 357.0 365.7 389.1 367.4 358.3 362.5 369.7 377.3 13.6 13.5 13.8 13.3 13.9 14.3 13.2 13.2 14.4 14.2 14.2 13.0 14.9 15.6 R E P R E S E N T S ACCOUNTS O F I N D I V I D U A L S , P A R T N E R S H I P S , AMD C O R P O R A T I O N S AMD O F S T A T E S AMD P O L I T I C A L SUBDIVISIONS. ACCOUNTS A U T H O R I Z E D FOR N E G O T I A B L E ORDERS OF WITHDRAWAL (MOM) AMD ACCOUNTS A U T H O R I Z E D FOR A U T O M A T I C T R A N S F E R TO DEMAND D E P O S I T S ( A T S ) . A T S DATA A V A I L A B I L I T Y S T A R T S M I T f i DECEMBER 1 9 7 6 . ' E X C L U D E S A T S AND NOW A C C O U N T S , MMDA, AND S P E C I A L CLUB ACCOUNTS SUCH AS C f l R I S T M A S AND V A C A T I O N C L U B S . tE: H I S T O R I C A L DATA FOR DEMAND D E P O S I T S ARB A V A I L A B L E BACK TO 1 9 7 0 E S T I M A T E D I V P A R T FROM D E B I T S S E R I E S F C t i 2 3 3 S M S A ' S WHICH WERE A V A I L A B L E THROUGH J U N E 1 9 7 7 . H I S T O R I C A L DATA FOR ATS/NOW AND S A V I N G S D E P O S I T S ARB A V A I L A B L E BACK TO J U L Y 1 9 7 7 . BACK DATA ARE A V A I L A B L E ON R E Q U E S T FROM BANKING S E C T I O N , D I V I S I O N O F R E S E A R C H AND S T A T I S T I C S , BOARD OF GOVERNORS O F T " E F E D E R A L R E S E R V E S Y S T E M , WASHINGTON, D . C . 2 0 5 5 1 . Savings deposits 3 3.0 3.0 3.0 2.8 3.3 3.1 3.0 3.0 3.3 3.3 3.2 3.0 3.3 3.5 , - of COy, FEDERAL RESERVE statistical release T1&TG.6 For Immediate Release DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS Not Seasonally Adjusted Debits During the Month (Annual rate, biHions of dollars) To ATS/NOW To demand deposits 1 accounts 2 aW banks New York City other banks 1987-FEBBUABY -MARCH -APRIL -MAY -JUNE -J Oil -AUGUST -SEPTEMBER -OCTOBER -NOVEMBER -DECBHBBB 1988-JAIUABY -FEBBUARY -MARCH 191.589.8 222,225.4 228,142.6 208,310.0 221,038.4 228,764.2 214.145.9 216.728.0 233.999.8 202.230.1 222.338.9 210.029.1 208.899.2 233,287.0 92,251.3 108,971.4 111,399.0 101.203.2 106.171.3 111.157.7 103.822.8 104,234.0 111.398.9 96,035.9 102,548.7 97,840.1 98,106.5 109,557.9 99,338.4 113,254.1 116,743.5 107.106.7 114.867.0 117,606.5 110.323.1 112,494.0 122.600.8 106.194.2 119.790.3 112,189.0 110,792.7 123,729.2 2.06 2.26 2,56 2.26 2,46 2,46 2,22 2,41 2.57 2.37 2,64 2,56 2.46 2.83 3.5 9.8 4.0 2.9 6.9 6.0 6.4 4.9 7.7 5.8 5.3 5.2 8.6 2.9 Average Deposits Outstanding (Billions of dollars) ATS/NOW accounts 2 New York City other banks Demand deposits 1 all banks 1987-rXBBOABT -MARCH -APBLL -HAX - J 0MB -JULY -AUGUST -SEPTEMBEB -OCTOBER -IOVBHBBB -DECEMBER 1988-JANUARY -FEBRUARY -MARCH 345.4 345.5 359.4 356.7 353.6 351.0 349.7 349.5 355.7 357.6 361.5 362.9 342.2 340.9 39.5 38.7 39.4 39.6 37.9 38.0 38.1 37.9 39.4 38.9 38.5 40.3 36.8 36.5 306.0 306.8 319.9 317.1 315.7 313.1 311.5 311.6 316.3 318.7 323.0 322.7 305.4 304.5 May 17, 1988 To MMDA3 1.634.0 1.800.1 2,175.9 1,851.2 1,987.9 2,002.7 1.752.7 1,846.6 2.247.8 1,959.8 2,276.4 2,305.6 2,102.8 2,337.8 MMDA3 376.1 376.1 373.0 366.5 365.3 363.6 362.1 360.3 357.0 355.5 355.7 356.3 356.5 357.8 167.4 170.4 178.3 171.4 172.7 172.9 174.4 176.2 176.8 178.2 180.7 184.6 182.4 184.2 To savings deposits* 428.0 479.1 563.3 483.7 565.2 576.5 524.2 519.0 604.3 519.9 568.9 552.5 526.3 616.5 Savings deposits4 160.9 165.0 169.7 172.3 173.8 175.6 175.1 174.5 174.6 175.7 175.6 176.3 177.2 180.3 Annual Rate of Deposit Turnover ATS/NOW accounts^ Demand deposits1 all banks 1987-FEBRUABY —MARCH -APBLL -MAY -JUNE -JULY -AUGUST -SEPTEMBEB -OCTOBER -NOVEMBER -DBCEHBEB 1988—JANUARY -FEBBUABY -MARCH V 2/ 3/ 4/ 554.7 643.2 634.8 584.0 625.0 651.7 612.5 620.2 657.8 565.6 615.0 578.7 610.5 684.2 New York City 2,337.4 2,813.0 2,825.8 2,556.8 2,801.5 2,928.4 2,721.9 2,751.0 2,824.8 2,467.8 2,661.4 2,430.3 2,664.6 3,005.7 MMDA3 other banks 324.7 369.2 364.9 337.8 363.8 375.7 354.2 361.1 387.6 333.3 370.9 347.7 362.8 406.4 12.3 13.3 14.4 13.2 14.3 14.3 12.8 13.7 14.6 13.3 14.6 13.9 13.5 15.4 R E P R E S E N T S ACCOUNTS O F I N D I V I D U A L S , P A R T N E R S H I P S , A I D C O B P O B A T I O I S A I D O F S T A T E S AMD P O L I T I C A L SUBDIVISIONS. ACCOUNTS A U T H O R I Z E D FOR N E G O T I A B L E OBDBBS OP WITHDRAWAL (MOW) A I D ACCOUNTS A U T H O S I Z E D F O B A U T O M A T I C T R A N S F E R 1 0 DEMAND D E P O S I T S ( A T S ) . ATS DATA A V A I L A B I L I T Y S T A R T S MIT** DECEMBEB 1 9 7 8 . MONEY B A S K E T D E P O S I T A C C O U N T S . ZjLCuUb&S ATS AND NOV A C C O U N T S , H f l D A , AND S P E C I A L CLUB A C C O O I T S S U C H AS C H R I S T M A S AMD V A C A T I O N C L U B S . NOTE: H I S T O R I C A L DATA FOB DEMAND D E P O S I T S A B E A V A I L A B L E BACK TO 1 9 7 0 E S T I M A T E D I M P A R T FROM D E B I T S S E R I E S FOB 2 3 3 S M S A ' S WHICH WERE A V A I L A B L E THROUGH J U N E 1 9 7 7 . H I S T O R I C A L DATA FOR ATS/MOM AMD S A V I N G S D E P O S I T S ARE A V A I L A B L E BACK TO J U i . 1 1 9 7 7 . BACK DATA ARB A V A I L A B L E ON R E Q U E S T FROM B A N K I N G S 4 C 1 I O N , D I V I S I O N O F R E S E A R C H *ND S T A T I S T I C S , BOARD O F GOVERNORS O F T H E F E D E R A L R E S E R V E S Y S T E M , W*Sdl*G10N, y . C . < U 3 3 l . Savings deposits4 4.3 4.8 5.8 5.1 5.4 5.5 4.8 5.1 6.3 5.5 6.4 b.S 5.9 6.5 2.7 2.9 3.3 2.8 3.3 3.3 3.0 3.0 3.5 3.0 3.2 3.1 3.0 3.4