Jan 02 2023 23 mins
Will Arizona run out of water? With Arizona in tier 2A of water cuts from the Colorado River, water shortages in the state are a big concern. However, the Colorado River is not the only source of water that Arizona has.
To discuss Arizona’s water sources and usage, host Brent Cannon, executive vice president and director of community banking, sits down with two members of the National Bank of Arizona Agribusiness Banking team, Matt Eyrich, senior vice president and regional commercial manager, and Carrie Morales, vice president and agribusiness banking team lead.
Carrie and Matt lend their insights from working directly with farmers to discuss the variety of ways Arizona agriculture uses and conserves water. Arizona famers have been dealing with water and its conservation for a long while. Carrie and Matt’s conversations with their agribusiness clients don’t typically talk about if Arizona will run out of water, but rather what water source is best used.
As Carrie Morales explains, “the important part is to think that there's more than just one source of water. We have the Colorado River water, we have the in-state river water, which is the SRP stuff, and you have the groundwater.”
Financial Cents is hosted by Brent Cannon, executive vice president and director of community banking, and features insightful interviews and discussions with bankers at National Bank of Arizona. Based on decades of banking experience, Financial Cents provides the insights you can only get from a friend in the business.
Need the specialized help of an agribusiness banker? https://www.nbarizona.com/business/loans-leases-and-lines/specialty-lending/agriculture-loan/
#arizona #watershortages #coloradoriver
Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/