American Savings had an $8-million deposit gain.
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For the first time since March 11, more money flowed into the financial institution than flowed out, the Stockton-based S&L; said. In the previous seven days, American Savings had experienced a total outflow of $305 million. A spokesman said the inflow Wednesday was due to “more aggressive” pricing, meaning the S&L; is now paying considerably more for savings accounts than its competitors. Financial Corp. of America, the thrift’s parent firm, recently announced that it is facing a loss of between $500 million and $700 million in 1984.
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