Invesitng.com — Deposits and lending activity at commercial U.S. banks rose in the week ended Jun. 21, marking the second-straight weekly gain, the latest data from the Fed showed.
Deposits at large U.S. banks rose $47.0 billion to $17.344 trillion from a week earlier, on a seasonally adjusted basis.
Commercial bank lending increased $9.7 billion to a seasonally adjusted $12.123 trillion during the week.
Residential lending increased $3.3 billion, commercial real estate loans climbed $1.2 billion, while consumer loans were up $1.1 billion from the prior week. Commercial and industrial loans were down $2.9 bilion from a week ago on a seasonally adjusted basis.
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