In October 2024, the value of savings deposits, and other checkable deposits amounted to approximately 10.6 trillion U.S. dollars. Among the different types of deposits included in this data, savings deposits are the most popular. Until 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.
Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024
(in trillion U.S. dollars)
The data shows the value of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) balances, share draft accounts, demand deposits, and savings deposits.
The source used to provide data for savings deposits, and other checkable deposits separately. In 2021, the source combined both of those statistics, resulting into this one.
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St. Louis Fed. (November 26, 2024). Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/
St. Louis Fed. "Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024 (in trillion U.S. dollars)." Chart. November 26, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/
St. Louis Fed. (2024). Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/
St. Louis Fed. "Value of Savings Deposits and Other Checkable Deposits in The United States from May 2020 to October 2024 (in Trillion U.S. Dollars)." Statista, Statista Inc., 26 Nov 2024, https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/
St. Louis Fed, Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/ (last visited December 18, 2024)
Value of savings deposits and other checkable deposits in the United States from May 2020 to October 2024 (in trillion U.S. dollars) [Graph], St. Louis Fed, November 26, 2024. [Online]. Available: https://www.statista.com/statistics/1350616/savings-and-other-checkable-deposits-in-the-us/