Graph and download economic data for Deposits, All Commercial Banks (DPSACBW027SBOG) from 1973-01-03 to 2025-06-11 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

United States - Deposits, All Commercial Banks was 18121.04570 Bil. of U.S. $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Deposits, All Commercial Banks reached a record high of 18225.70390 in March of 2022 and a record low of 596.88870 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Deposits, All Commercial Banks - last updated from the United States Federal Reserve on May of 2025.

As of June 2024, JPMorgan Chase led the U.S. banking sector with approximately **** percent of total domestic deposits, closely followed by Bank of America at nearly ** percent. This distribution reflects the concentrated nature of the U.S. banking industry, where, despite thousands of commercial banks operating nationwide, the market is dominated by the top four institutions. The total value of deposits held at FDIC-insured commercial banks has decreased in recent years, amounting to ***** trillion U.S. dollars in 2023. The U.S. banking industry The banking industry in the United States accounts for tens of trillions of U.S. dollars in assets under management. While there are thousands of commercial banks in the country, the market is dominated by the largest four of these. This is particularly true when considering functions such as private and investment banking. Other measures This ranking presents the market share of domestic assets, but other measures give a slightly different picture. For example, looking at the value of total assets shows a higher market share in the hands of the top four firms. Apart from that, the revenue of leading commercial banks can also give a better idea of banks’ financial standing.

Graph and download economic data for Deposits, Domestically Chartered Commercial Banks (DPSDCBM027SBOG) from Jan 1973 to Apr 2025 about deposits, domestic, banks, depository institutions, and USA.

Key information about United States Total Deposit Growth

• United States Total Deposit Growth was reported at 2.7 % in Feb 2025
• This records a decrease from the previous number of 2.7 % for Jan 2025
• US Total Deposit Growth data is updated monthly, averaging 7.0 % from Jan 1974 to Feb 2025, with 614 observations
• The data reached an all-time high of 22.6 % in Feb 2021 and a record low of -5.0 % in Apr 2023
• US Total Deposit Growth 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: Y-o-Y Growth: Monthly

As of December 2022, JPMorgan Chase had the highest value of deposits across all FDIC-insured institutions in the United States. JPMorgan Chase's value of deposits amounted to roughly 2.44 billion U.S. dollars, which was followed by Bank of America, with deposits just above two billion U.S. dollars. Silicon Valley Bank, which collapsed in March 2022, had 175.38 billion U.S. dollars worth of deposits.

The cost of interest-bearing deposits in the U.S. is forecast to remain elevated between 2024 and 2026, though showing a gradual downward trend during this period. Deposit costs historically hovered below one percent throughout most of 2015-2021, before surging to approximately 2.5 percent in 2023 amid aggressive Federal Reserve rate hikes. While projected central bank interest rate cuts should help ease deposit costs, the decline is expected to be measured, reaching about 1.7 percent by 2026 - still notably higher than pre-2022 levels.

In April 2025, the value of savings deposits, and other checkable deposits amounted to approximately 10.8 trillion U.S. dollars. Among the different types of deposits included in this data, savings deposits are the most popular. Until April 2020, the value of savings deposits in the United States amounted to nearly 11 trillion U.S. dollars by itself. After that, the source combined that data with that for other types of deposits.

Over the course of the 1920s, the value of money deposited in commercial banks grew at a fairly steady rate, rising from around 19 billion U.S. dollars in 1921 (the initial dip was due to the post-WWI recession), to 25 billion at the end of the decade. However, the onset of the Great Depression saw these figures drop drastically, and the value of deposits fell from around 26 to 16 billion dollars between 1930 and 1933. This was not only due to high unemployment and lower wages, but many Americans also lost faith in the banks during the Depression - many blamed the banks for the Depression as frivolous lending practices had contributed to the Wall Street Crash; banks demanded early repayment of debts and often repossessed the property of those who could not afford to do so (also leading to evictions), and many banks failed after the Crash and were not perceived as safe. It was not until 1936 where deposits in commercial banks returned to their pre-Depression levels, after the Roosevelt administration put a number of safeguards in place and helped restore public faith in the American banking system.

In contrast to commercial banks, the total amount of money deposited in savings accounts continued to rise throughout the Great Depression, albeit at a much slower rate than in the 1920s. The reason for continued increase was due to the disproportionate impact the Depression had across socioeconomic groups - most working and middle-class Americans did not have the means to have a savings account

Graph and download economic data for Bank Deposits to GDP for United States (DDOI02USA156NWDB) from 1960 to 2020 about deposits, banks, depository institutions, GDP, and USA.

Between 2017 and 2023, the value of customer deposits at digital banks in the U.S. grew sharply, reaching 3.28 trillion U.S. dollars in 2023. 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 5.4 trillion U.S. dollars.

Graph and download economic data for Deposits, Foreign-Related Institutions (DPSFRIW027NBOG) from 1973-01-03 to 2025-04-23 about foreign, deposits, banks, depository institutions, and USA.

Between 2017 and 2024, the value of customer deposits at digital banks worldwide grew sharply, reaching 15 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 22 trillion U.S. dollars.

Graph and download economic data for Total Deposits, All Commercial Banks for United States (M1445AUSM144SNBR) from May 1907 to Dec 1945 about deposits, commercial, banks, depository institutions, and USA.

JPMorgan Chase Bank reported the highest value of domestic deposits in the United States as of March 31, 2024. The value of total domestic deposits of JPMorgan Chase exceeded ************ U.S. dollars. Bank of America reported the second-highest domestic deposits, with a value of around **** trillion U.S. dollars.

The value of deposits of FDIC-insured commercial banks in the United States increased sharply between 2000 and 2023, despite a downward trend in recent years. In 2023, the value of deposits of FDIC-insured commercial banks in the U.S. amounted to approximately 17.83 trillion US dollars.

The United States' leading credit union, Navy Federal, held deposits to a value more than three times higher than the second leading credit union in the country in 2024. The deposits of Navy Federal Credit Union amounted to around 151.8 billion U.S. dollars.

United States - Deposits, Small Domestically Chartered Commercial Banks was 5599.30260 Bil. of U.S. $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Deposits, Small Domestically Chartered Commercial Banks reached a record high of 5719.75070 in December of 2021 and a record low of 109.24630 in March of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Deposits, Small Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Large Time Deposits, All Commercial Banks (LTDACBW027NBOG) from 1973-01-03 to 2025-06-11 about large, deposits, banks, depository institutions, and USA.