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: M f a :

F E D E R A L

R E S E R V E

statistical

release

DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
FEDERAL RESERVE Statistical Release G.6 (406)

For Immediate Release November 15, 1979

Debits During The Month (Annual Rate, Billions Of Dollars)
To Demand Deposits 1 / (SA)

All Banks
1978-SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
197 9-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER

New York City

41,812.1
42,773.2
42,822.2
41,783.3
44,598.7
43,878.3
44,920.4
46,612.2
47,545.4
50,388.3
52,102.7
52,402.5
54,233.1

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

Other Banks

15,495.9
15,436.9
15,674.3
14,661.7
16,345.5
15,432.8
15,644.9
16,898.7
16,960.3
19,747.4
20,480.5
20,357.2
21,117.6

26,316.2
27,336.3
27,147.9
27,121.6
28,253.1
28,445.5
29,275.5
29,713.5
30,585.2
30,641.0
31,622.2
32,045.3
33,115.5

Total

Business 2 /

421.0
467.4
451.3
445. 1
583.5
448.4
598.3
698.0
764.4
658.8
732.8
735.8
667 • 6

1

62.0
65.7
65.1
68.4
73.7
54.1
76.1
71.7
69.4
72.6
74.1
78.2
74.5

Other

1

359.1
401.7
386.3
376.8
509.8
394.3
522.2
626.4
695.0
586.2
658. 8
657.6
593.1

Average Deposits Outstanding (Billions Of Dollars)
Demand Deposits 1 / (SA)
All Banks

1978-SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1979-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER

New York City

296.4
299.1
297.2
299.9
295.0
291.7
291.0
297.2
296.6
301.2
303.0
302.7
309.8

28.2
29.1
28.0
28.2
28.0
27.3
27.4
27.3
27.4
28.8
28.5
28.7
29.7

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

268.2
270.0
269.2
271.8
267.0
264.4
263.6
269.9
269.2
272.4
274.5
274.0
280.1

Total

Business 2 /

221.9
221.9
220.1
218.6
217.0
214.9
215.5
216.1
214.2
215.2
216.9
216.0
214. 1

11.5
11.5
11.5
11.5
10.8
10.2
10.2
10.2
10.1
10.1
10.3
10.6
10.7

Other

210.4
210.4
208.6
207. 1
206.2
204.7
205.2
205.9
204.1
205.0
206.7
205.4
203.4

Annual Rate Of Deposit Turnover
Demand Deposits 1 / (SA)
All Banks
1978-SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1979-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER




141.1
143.0
144.1
139.3
151.2
150.4
154.4
156.8
160.3
167.3
171.9
173.1
175.0

1/
Z/
2/

New York City

549.6
53.0 . 0
559.9
520.4
584.2
565.1
571.8
618.4
619.1
685.4
717.7
709.1
711.5

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

98.1
101.2
100.9
99.8
105.8
107.6
111.1
110.1
113.6
112.5
115.2
116.9
118.2

Total

Business 2 /

1.9
2. 1
2. 1
2.0
2.7
2.1
2.8
3.2
3.6
3.1
3.4
3.4
3.1

5.4
5.7
5.7
6.0
6.8
5.3
7.4
7.0
6.8
7.2
7.2
7.4
7.0

Other

1.7
1.9
1.9
1.8
2.5
1.9
2. 5
3.0
3.4
2.9
3.2
3. 2
2.9

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 PROFIT-SEEKING ORGANIZATIONS (EXCLUDING COMMERCIAL
BANKS BUT INCLUDING SAVINGS AND LOAN ASSOCIATIONS, MUTUAL SAVINGS BANKS, CREDIT UNIONS,
THE EXPORT-IMPORT BANK, AND FEDERALLY SPONSORED LENDING A G E N C I E S ) .

NOTE:
HISTORICAL DATA FOR THE PERIOD 1970 THROUGH JUNE 1 9 7 7 HAVE BEEN ESTIMATED; THESE
ESTIMATES ARE BASED I N PART ON THE DEBITS SERIES FOR 233 S M S A ' S , WHICH WERE AVAILABLE THROUGH
JUNE 1 9 7 7 .
BACK DATA ARE AVAILABLE FROM PUBLICATIONS SERVICES, D I V I S I O N OF ADMINISTRATIVE
SERVICES, 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 .