Deposit Boom Over?

Interesting article here on the recent boom in bank deposits. However, I think we may be seeing this come to an end. Our new account transaction volumes peaked in March, which coincided exactly with the bottom in the stock market, as people sought out bank deposits while the market was moving down, and started moving away from deposits once the market turned up. Our transaction volumes have remained down about 15% from their March peak, which suggests money has continued moving away from banks and cash, hopefully a positive macroeconomic sign. Absent another major market correction, competition for deposits may start heating up again.