S&L; Deposit Outflows Decline: Net deposit withdrawals...

S&L; Deposit Outflows Decline: Net deposit withdrawals at the nation’s thrift institutions fell to a nine-month low of $183 million in July, the government said. The outflow was the smallest since October and followed a $4.6-billion withdrawal in June. The Office of Thrift Supervision attributed the decreased outflow to competitive deposit rates and growing public assurance following passage earlier in the summer of the new savings and loan law, which includes $50 billion for the industry over the next 26 months.