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The FDIC Quarterly, released today, includes a feature article, 2019 Summary of Deposits Highlights. This article describes deposit and branch office trends in detail, including comparisons by geography and bank asset size. The number of U.S. banking offices continues to decline, and the article finds that the rate of decline was faster among offices in metropolitan counties, limited-service offices, and offices with lower reported levels of deposits.
This issue also includes fourth quarter 2019 industry results from the Quarterly Banking Profile, which was released on February 25, 2020.
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