Withdrawals exceeded deposits by $511 million at...

Withdrawals exceeded deposits by $511 million at savings institutions in August, resuming a trend of falling deposits at the nation’s savings and loans, the Federal Home Loan Bank Board said. The FHLBB, which regulates the country’s 3,183 S&Ls;, said the net decline in deposits included a drop of $679 million in retail consumer deposits, which was offset slightly by an increase of $168 million in certificates of deposit of more than $100,000 each. The cash outflow was in contrast with an increase of $3.8 billion in net deposits in July, one of only two months that has shown an increase in deposits in the past year.