Deposits (Tables)

12 Months Ended

Dec. 31, 2015

Deposits are summarized as follows (dollars in millions):



	Amount				Weighted-Average Rate
	December 31,				December 31,
	2015		2014		2015		2014
Sweep deposits⁽¹⁾	$	24,018	$	19,119	0.01	%	0.03	%
Complete savings deposits	3,357		3,753		0.01	%	0.01	%
Checking deposits	1,239		1,137		0.03	%	0.03	%
Other money market and savings deposits	792		833		0.01	%	0.01	%
Time deposits⁽²⁾	39		48		0.38	%	0.50	%
Total deposits⁽³⁾	$	29,445	$	24,890	0.01	%	0.03	%


(1)	A sweep product transfers brokerage customer balances to banking subsidiaries, which hold these funds as customer deposits in FDIC insured demand deposit and money market deposit accounts.


(2)	Time deposits represent certificates of deposit and brokered certificates of deposit.


(3)	As of December 31, 2015 and 2014, the Company had $173 million and $141 million in non-interest bearing deposits, respectively.

Scheduled Maturities of Time Deposits Table

At December 31, 2015, scheduled maturities of time deposits were as follows (dollars in millions):



Years ending December 31,
2016	$	28
2017	5
2018	3
2019	1
2020	2
Thereafter	—
Subtotal	39
Unamortized discount, net	—
Total time deposits	$	39

Schedule Of Time Deposits 100000 And 250000 Or More

Scheduled maturities of certificates of deposit with denominations greater than or equal to $100,000, and greater than or equal to $250,000, which is the FDIC deposit insurance coverage limit, were as follows (dollars in millions):



	>= $100,000				>= $250,000
	December 31,				December 31,
	2015		2014		2015		2014
Three months or less	$	—	$	1	$	—	$	—
Three through six months	1		1		—		—
Six through twelve months	2		2		—		—
Over twelve months	1		2		1		1
Total certificates of deposit	$	4	$	6	$	1	$	1