Deposits flowed into the insured accounts of...
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Deposits flowed into the insured accounts of savings institutions for the second consecutive month following the stock market crash, the government said. The nation’s thrifts took in $2.7 billion in November following a $6.1-billion flood of new deposits in October, the Federal Home Loan Bank Board said. However, the two positive months were not enough to offset a yearlong trend of net withdrawals totaling $5 billion in the first 11 months of 1987, compared to net withdrawals of $2.3 billion for the same period a year earlier.
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