This thesis has examined the fluctuations (or lack thereof) of bank deposits within Montgomery County, Virginia, during the years 1956 through 1966. The three major bank accounts chosen for this purpose were: Loans and Discounts; Time and Savings Deposits; and Demand Deposits.
Fluctuations of deposits are of concern to bankers because, among other reasons, (1) the size of demand and time deposits determine the bank's primary and secondary reserves, and (2) the content and nature of the bank's investment portfolio will be affected by these variations in bank deposits.
The objectives of this thesis were carried out by:
(1) examining the daily financial statements of four representative banks of the county for deposit growth and deposit patterns;
(2) searching banking literature for causes of deposit fluctuations;
(3) overviewing the economy of the county and the Fifth Federal Reserve District for clues to variations in deposits, and;
(4) interviewing county bankers in an effort to determine their thoughts concerning the fluctuations of deposits.
The results indicated that there is little deposit variation within the county from year-to-year. This is because (1) the agricultural factor has played such a minor role during the time period; (2) the Radford Arsenal's production has played a stabilizing role in the county, especially since the early 1960s, and; (3) the continuing steady growth of the economy of the Fifth District has had an important effect upon the economy of Montgomery County, helping it to grow in a steady manner. / M.S.
| Identifer | oai:union.ndltd.org:VTETD/oai:vtechworks.lib.vt.edu:10919/101199 |
| Date | January 1968 |
| Creators | Williamson, Frank D. |
| Contributors | Business Administration |
| Publisher | Virginia Polytechnic Institute |
| Source Sets | Virginia Tech Theses and Dissertation |
| Language | English |
| Detected Language | English |
| Type | Thesis, Text |
| Format | viii, 102 leaves, application/pdf, application/pdf |
| Rights | In Copyright, http://rightsstatements.org/vocab/InC/1.0/ |
| Relation | OCLC# 20223725 |
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