Assets of Major Institutions and Financial Intermediaries, Year-End 1998
(millions of dollars)

   

1995

1996

1997

1998

Depository Institutions

$5,817,216.0

$6,072,189.0

$6,557,007.0

$7,122,098.0

 

Commercial Banks1

4,493,798.0

4,710,397.0

5,174,550.0

5,642,181.0

 

Credit Unions2

310,661.0

330,114.0

353,831.0

391,483.0

 

Savings Institutions3

1,012,757.0

1,031,678.0

1,028,626.0

1,088,434.0

Life Insurance

2,063,613.0

2,246,289.0

2,514,802.0

2,769,522.0

Investment Institutions

5,391,783.8

6,352,553.8

7,982,754.7

9,677,672.8

 

Bank-Administered Trusts4

2,444,822.9

2,684,453.4

3,364,446.6

3,999,320.7

 

Closed-End Investment Companies

135,668.7

142,299.6

150,107.5

153,142.8

 

Mutual Funds5

2,811,292.2

3,525,800.8

4,468,200.6

5,525,209.3

1Includes U.S.-chartered commercial banks, foreign banking offices in the U.S., bank holding companies, and banks in affiliated areas.
2
Includes only federal or federally insured state credit unions serving natural persons.
3
Includes mutual savings banks, federal savings banks, and savings & loan associations.
4
Reflects only discretionary trusts and agencies.
5
Includes short-term funds; excludes funds of funds.

Sources: Federal Reserve Board, Federal Financial Institutions Examination Council, and Investment Company Institute

Data as published in the 2002 Mutual Fund Fact Book

  

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