Bank deposits in Maryland grew by only 2.4 percent to $95 billion from June 2006 to June 2007, the weakest rise since 1997 and below the national average increase of 3.9 percent.
The national rise to $6.7 trillion in deposits was also the weakest jump in almost a decade, according to figures from the Federal Deposit Insurance Corp.
But some Maryland banks experienced strong growth during that time.
HarVest Bank of Maryland, which was established in 2004 with headquarters in Rockville, saw Maryland deposits increase by 37.2 percent to $87 million from June to June. Assets leaped by 63 percent to $120.2 million.
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