What the release reports
U.S.-chartered commercial banks transferred $5.2 billion in assets to nonbank institutions in the week ended September 30, according to the Federal Reserve’s October 9 H.8 release. The affected loans were in the automobile-loan category. [1][2]
The Fed’s data note also records a $5.2 billion increase in cash assets and a $900 million decline in the allowance for credit losses on loans and leases associated with the change. It does not identify the banks or buyers. [2]
The H.8 report tracks assets and liabilities across commercial banks. Its published growth rates adjust for large changes involving nonbank institutions, including transactions of at least $5 billion, so these transfers are treated separately from ordinary balance-sheet growth. [1]
The figures describe a completed transfer during the September reporting week. The October 9 date is the date of the statistical release. [1][2]
Sources
- Federal Reserve — H.8 release, October 9, 2026, 4:15 p.m. ET ↗Official release
- Federal Reserve — H.8 Notes on Data, September 30, 2026 entry ↗Official release