Annual Reports

A Case for Reforming Federal Deposit Insurance: Table 3

Published January 1, 1989

Bank Demand Deposits and Substitute Instruments 1976-1987 (in millions of dollars)


Year

Demand Deposits
at Banks

NOW Accounts

Money Market Mutual Funds

1976

231,300

2,700

3,400

1977

247,000

5,000

3,800

1978

261,500

8,400

10,200

1979

270,100

17,000

42,900

1980

274,700

27,400

76,600

1981

243,400

78,500

188,600

1982

246,200

104,100

236,300

1983

251,000

132,200

181,400

1984

253,000

148,200

230,200

1985

276,900

180,900

241,000

1986

314,400

237,300

292,400

1987

198,500

261,600

310,700


Source: Federal Reserve Bulletin, various dates

 

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