Bank reopenings and deposits rise after holiday across regions
The report shows about 77 percent of Federal Reserve member banks and 85 percent of non member banks reopened before March 25 nationwide. In Texas 524 of 535 non member banks reopened, and Plains Division towns served by Texas Utilities Co report 100 percent reopenings among Federal Reserve members. Panhandle areas served by Southwestern Public Service Co also show near full reopenings and the Eastern New Mexico and West Texas banks report deposit increases around 5 percent since the holiday.