Branch Banking and Economic Growth in Arizona and New Mexico

Authors

• University of New Mexico Bureau of Business and Economic Research

Document Type

Report

Publication Date

1960

Abstract

This study compares economic growth and banking development in Arizona and New Mexico between 1947 and 1959-60 to evaluate the effects of unlimited versus limited branch banking. Using measures such as population growth, income, employment, lending activity, and banking accessibility, it argues that Arizona’s branch banking system contributed more effectively to economic development than New Mexico’s limited branch banking structure.

Recommended Citation

Butt, Paul D. Branch Banking and Economic Growth in Arizona and New Mexico. New Mexico Studies in Business and Economics, No. 7. Albuquerque, NM: Bureau of Business Research, College of Business Administration, University of New Mexico, 1960.