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Despite Seasonality, 2nd Qtr Deposits Grow

According to second quarter data from Callahan & Associates' First Look program, total assets increased at an annualized rate of 10.5% through June 30. Shares are driving the trend, up 10.3% over last year, thanks to a higher personal savings rate.

By Heather Anderson | Updated on July 27, 2009

According to second quarter data from Callahan & Associates’ First Look program, total assets increased at an annualized rate of 10.5% through June 30. Shares are driving the trend, up 10.3% over last year, thanks to a higher personal savings rate.

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