Economy

U.S. Bank Deposits Increase, Loans Slightly Decline

Deposits at U.S. commercial banks experienced an increase in early April, showcasing a stabilizing trend after the significant outflows that followed the collapse of two major regional banks last month. This caused concerns about the overall safety of the banking system.

, and Uzay Erol

April 14, 2023 . 8:48 PM

1 min read

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Fed Data Reveals Deposit and Loan Figures for Week Ended April 5

Data released by the Federal Reserve on Friday revealed that deposits at all commercial banks rose to $17.43 trillion in the week ending April 5, on a non-seasonally adjusted basis, up from $17.35 trillion the previous week. Concurrently, loans and leases experienced a slight dip, decreasing to $12.06 trillion from $12.07 trillion a week earlier.