A couple of weeks ago, I reported some statistics about our local economy which I had compiled for a presentation to Rotary. One of the stats that I found to be the most telling was the bank deposits market share report produced by the FDIC. In my column, I shared with you that bank deposits in Bulloch County had dropped from $1,285,685,000 in June 2008 to $1,047,782,000 in June 2011 - an 18.5-percent decline. A reader emailed and asked me why I thought that was the case which prompted me to do some research to find out if other counties in our area had seen the same decline in deposits that we have, i.e., has cash left their counties as well.
Inside Bulloch Business with Jan Moore - What's behind local bank deposit decline?


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