Graph and download economic data for Deposits, All Commercial Banks (DPSACBW027SBOG) from 1973-01-03 to 2025-07-02 about deposits, banks, depository institutions, and USA.

Key information about United States Total Deposits

• United States Total Deposits was reported at 17,922.903 USD bn in Feb 2025
• This records a decrease from the previous number of 17,948.966 USD bn for Jan 2025
• US Total Deposits data is updated monthly, averaging 3,322.933 USD bn from Jan 1973 to Feb 2025, with 626 observations
• The data reached an all-time high of 18,173.582 USD bn in Mar 2022 and a record low of 596.889 USD bn in Jan 1973
• US Total Deposits data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Deposits: USD: Monthly

In 2024, the bank deposits at authorized institutions in Hong Kong amounted to 9.67 trillion Hong Kong dollars in domestic currency and 7.9 trillion Hong Kong dollars in foreign currency. The large share of foreign currency deposits is due to the proximity to mainland China which attracts deposits in yuan and Hong Kong's position as an international financial center.

Graph and download economic data for Households; Checkable Deposits and Currency; Asset, Level (BOGZ1FL193020005Q) from Q4 1987 to Q1 2025 about checkable, deposits, currency, assets, households, and USA.

The value of Nubank's customer deposits witnessed steady growth between 2021 and 2025. Customer deposits grew from *** billion U.S. dollars in the last quarter of 2021 to **** billion U.S. dollars in the first quarter of 2025, the highest value reported in the observed period.

As the UK's first digital-only bank to receive a full banking license in 2015, the value of customer deposits at Atom Bank experienced a significant growth between 2017 and 2024. While it was approximately *** million British pounds in 2017, it surpassed *** billion British pounds in 2023, a sharp increase compared to previous years. In 2024, it declined slightly to *** billion British pounds, financed by a quarter of a million savers.

Between 2017 and 2024, the value of customer deposits at digital banks worldwide grew sharply, reaching ** trillion U.S. dollars in 2024. According to Statista's Financial Market Insights, the value of deposits is forecast to grow even further in the following years. By 2029, the total value of customer deposits is estimated to exceed ** trillion U.S. dollars.

Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data was reported at 485,242.000 TRY th in Jun 2018. This records an increase from the previous number of 240,377.000 TRY th for May 2018. Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data is updated monthly, averaging 0.000 TRY th from Jan 1986 (Median) to Jun 2018, with 390 observations. The data reached an all-time high of 777,641.000 TRY th in Jan 2017 and a record low of 0.000 TRY th in Nov 2002. Turkey Deposits: FD: LC: OI: NB: FI: Consumer Finance Companies data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.KB001: Deposit Money Banks: Deposit Sector.

According to Cognitive Market Research, the global Remote deposit capture Market size will be USD 342.85 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.70% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 126.85 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 13056.48 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 82.28 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 13.03 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 13.71 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 7.54 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2025 to 2033.
Credit Unions category is the fastest growing segment of the Remote deposit capture industry

Market Dynamics of the Remote Deposit Capture Market

Key Driver for Remote Deposit Capture Market

Businesses and consumers favor remote check deposits to minimize physical interactions

The growing preference for remote deposit capture (RDC) among businesses and consumers is driven by the need to minimize physical interactions, particularly in a post-pandemic world where convenience, efficiency, and safety are paramount. By enabling users to deposit checks via mobile devices or scanners without visiting a bank branch, RDC reduces the risks associated with in-person banking, such as exposure to illnesses and security concerns like check fraud. Additionally, businesses benefit from improved cash flow management, as RDC allows for quicker deposit processing and fund availability, reducing delays and operational inefficiencies. Consumers appreciate the ease of depositing checks from anywhere, eliminating the need for travel and long wait times. The increasing adoption of digital banking solutions, coupled with advancements in mobile technology, has further accelerated the shift toward RDC, making it an essential tool for financial institutions seeking to enhance customer experience and streamline operations.

Government policies and financial regulations encourage secure RDC adoption

Government policies and financial regulations play a crucial role in driving the adoption of Remote Deposit Capture (RDC) by ensuring security, compliance, and consumer confidence. Regulatory frameworks such as the Check 21 Act in the US have facilitated RDC by allowing financial institutions to process digital check images instead of physical paper checks, thereby enhancing efficiency and reducing processing costs. Additionally, compliance mandates from regulatory bodies like the Federal Financial Institutions Examination Council (FFIEC) and the Consumer Financial Protection Bureau (CFPB) emphasize stringent security measures, risk management protocols, and anti-fraud mechanisms, encouraging financial institutions to implement secure RDC solutions. Governments worldwide also promote digital banking initiatives and financial inclusion, further accelerating RDC adoption among businesses and consumers.

Restraint Factor for the Remote Deposit Capture Market

Strict banking regulations and compliance requirements limit RDC adoption

Strict banking regulations and compliance requirements pose significant restraints on the adoption of Remote Deposit Capture (RDC). Financial institutions must adhere to stringent anti-fraud measures, Know Your Customer (KYC) guidelines, and Anti-Money Laundering (AML) laws, which increase operational complexity and costs. Regulatory bodies, such as the Federal Financial Institutions Examination Council (FFIEC), impose risk management frameworks that mandate rigorous authentication, data security, and audit controls, discouraging smaller banks and credit unions from fully embracing RDC. Additionally, concerns over check fr...

Italy Deposits: Centre: Iredeemable at Notice: Consumer Households data was reported at 56,013.697 EUR mn in Jun 2018. This records an increase from the previous number of 55,747.602 EUR mn for Mar 2018. Italy Deposits: Centre: Iredeemable at Notice: Consumer Households data is updated quarterly, averaging 54,988.141 EUR mn from Dec 2008 (Median) to Jun 2018, with 39 observations. The data reached an all-time high of 56,270.427 EUR mn in Mar 2015 and a record low of 11,510.443 EUR mn in Mar 2011. Italy Deposits: Centre: Iredeemable at Notice: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB001: Deposits: By Type.

Graph and download economic data for Banks in U.S.-Affiliated Areas; Uninsured Checkable and Time and Savings Deposits; Liability, Level (BOGZ1FL743139105A) from 2001 to 2024 about checkable, savings, liabilities, deposits, banks, depository institutions, and USA.

In 2024, the value of global consumer deposits at Lloyds Banking Group increased as compared to 2023. The value of customer deposits in the retail (including consumer finance) division of Lloyds Banking Group stood at ***** billion British pounds in 2024, an increase compared to the previous year. However, the commercial banking division saw a slight decrease, with ***** billion British pounds.

Italy Deposits: Current Accounts: Consumer Households data was reported at 638,420.363 EUR mn in Jun 2018. This records an increase from the previous number of 632,164.943 EUR mn for Mar 2018. Italy Deposits: Current Accounts: Consumer Households data is updated quarterly, averaging 460,033.743 EUR mn from Dec 2008 (Median) to Jun 2018, with 39 observations. The data reached an all-time high of 638,420.363 EUR mn in Jun 2018 and a record low of 399,728.170 EUR mn in Dec 2008. Italy Deposits: Current Accounts: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB002: Deposits: By Economic Activity.

Italy Deposits: Sight and Overnight: Consumer Households data was reported at 6,745.081 EUR mn in Mar 2018. This records a decrease from the previous number of 7,819.907 EUR mn for Dec 2017. Italy Deposits: Sight and Overnight: Consumer Households data is updated quarterly, averaging 7,445.087 EUR mn from Dec 2008 (Median) to Mar 2018, with 38 observations. The data reached an all-time high of 9,230.795 EUR mn in Jun 2011 and a record low of 6,302.906 EUR mn in Mar 2013. Italy Deposits: Sight and Overnight: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB002: Deposits: By Economic Activity.

Italy Deposits: Centre: Current Accounts: Consumer Households data was reported at 140,455.828 EUR mn in Jun 2018. This records an increase from the previous number of 138,539.051 EUR mn for Mar 2018. Italy Deposits: Centre: Current Accounts: Consumer Households data is updated quarterly, averaging 107,459.924 EUR mn from Dec 2008 (Median) to Jun 2018, with 39 observations. The data reached an all-time high of 140,455.828 EUR mn in Jun 2018 and a record low of 94,592.169 EUR mn in Dec 2008. Italy Deposits: Centre: Current Accounts: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB001: Deposits: By Type.

Italy Deposits: SC & CDs Issued: Consumer Households data was reported at 13,102.007 EUR mn in Mar 2018. This records a decrease from the previous number of 13,873.180 EUR mn for Dec 2017. Italy Deposits: SC & CDs Issued: Consumer Households data is updated quarterly, averaging 27,291.357 EUR mn from Dec 2008 (Median) to Mar 2018, with 38 observations. The data reached an all-time high of 40,652.416 EUR mn in Mar 2013 and a record low of 13,102.007 EUR mn in Mar 2018. Italy Deposits: SC & CDs Issued: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB002: Deposits: By Economic Activity.

Certificate of Deposit Market Outlook

The global certificate of deposit (CD) market size was valued at approximately USD 1 trillion in 2023, and it is projected to reach nearly USD 1.5 trillion by 2032, growing at a compound annual growth rate (CAGR) of around 4.5%. This growth is primarily driven by the increasing preference for safe and secure investment options amidst global economic uncertainties. Factors such as technological advancements in banking, fluctuating interest rates, and evolving consumer preferences are expected to further fuel the expansion of the CD market. As investors seek to balance risk and return, the certificate of deposit market is poised for significant growth over the next decade.

A major growth factor in the certificate of deposit market is the heightened demand for low-risk investment products, especially in volatile economic climates. As global markets experience fluctuations due to geopolitical tensions and unpredictable economic policies, investors are increasingly turning to CDs as a stable and predictable source of income. The fixed interest rates and government insurance associated with CDs make them an attractive option for risk-averse investors. Additionally, the increasing financial literacy among the population is leading to greater awareness of CDs as an investment tool, further driving market growth.

The digital transformation of banking services has also had a profound impact on the certificate of deposit market. Online banks and financial institutions are now offering more competitive rates and greater accessibility to CD products, thereby expanding their customer base. This digital shift has not only increased the convenience for consumers but also allowed institutions to reduce operational costs, enabling them to offer more attractive rates. Furthermore, the proliferation of fintech platforms has facilitated easier comparison of CD rates and terms, empowering consumers to make more informed investment decisions, which ultimately supports market growth.

Interest rates, which are a critical determinant of the attractiveness of CDs, have become progressively volatile, largely influencing the dynamics of the CD market. Central banks across the globe are adjusting rates in response to inflationary pressures and economic recovery efforts post-pandemic. While higher interest rates may enhance the appeal of CDs by offering better returns, they also make other investment avenues more attractive. Consequently, financial institutions are developing innovative CD products with features such as bump-up rates or liquidity options to maintain competitiveness. As interest rate environments evolve, so too will the strategies employed by both issuers and investors within the CD market.

Regionally, North America holds a significant share of the certificate of deposit market, driven by a mature banking sector and a high level of investor awareness. Europe follows closely, with its robust regulatory framework and stable economic environment contributing to sustained interest in CDs. Meanwhile, the Asia Pacific region is expected to exhibit the fastest growth rate, attributed to rapid economic development and increasing individual wealth in countries such as China and India. The Latin America and Middle East & Africa regions are also anticipated to see moderate growth, spurred by improving financial infrastructure and increasing investor education initiatives. Overall, the global CD market is poised for steady expansion, with varying growth trajectories across different regions.

Type Analysis

The certificate of deposit market is diverse, encompassing several types of CDs, each catering to different investor needs and preferences. Traditional CDs remain the most prevalent, offering fixed interest rates over specified terms. Their appeal lies in their simplicity and the assurance of a guaranteed return, which continues to attract conservative investors. The demand for traditional CDs is particularly strong among retirees and individuals seeking stable income sources. Despite the emergence of more flexible CD options, traditional CDs maintain their dominance due to the predictability and security they offer in uncertain financial climates.

Bump-Up CDs have gained traction as investors seek products that allow for interest rate adjustments during the term. This type of CD offers the potential for higher returns if market rates increase, providing a hedge against rising interest environments. The flexibility of bump-up CDs makes them attractive to investors who wish to capitalize on upward trends without abandoning the security of a CD. Howe

The customer deposits to total liabilities growth rate of the banking sectors in the leading EU member states increased in 2021, after a notable decrease in 2020. The decrease in 2020 was caused by poor economic conditions due to COVID-19, because during a downturn people are more likely to withdraw their funds leading to a decrease in deposit growth.

Graph and download economic data for Use of Financial Services: Number of Household Customer Deposit Accounts at Non-deposit Taking MFIs for Ukraine (UKRFCAOFMFNHNUM) from 2004 to 2017 about microfinance, Ukraine, deposits, financial, households, and services.

Italy Deposits: NW: Current Accounts: Consumer Households data was reported at 230,697.116 EUR mn in Mar 2018. This records an increase from the previous number of 228,069.559 EUR mn for Dec 2017. Italy Deposits: NW: Current Accounts: Consumer Households data is updated quarterly, averaging 163,958.501 EUR mn from Dec 2008 (Median) to Mar 2018, with 38 observations. The data reached an all-time high of 230,697.116 EUR mn in Mar 2018 and a record low of 141,632.693 EUR mn in Dec 2008. Italy Deposits: NW: Current Accounts: Consumer Households data remains active status in CEIC and is reported by Bank of Italy. The data is categorized under Global Database’s Italy – Table IT.KB001: Deposits: By Type.