XML 28 R16.htm IDEA: XBRL DOCUMENT

Deposits

3 Months Ended

Mar. 31, 2016

Deposits [Abstract]

DEPOSITS

Deposits are summarized as follows (dollars in millions):



	Amount								Weighted-Average Rate
	March 31, 2016				December 31, 2015				March 31, 2016			December 31, 2015
Sweep deposits⁽¹⁾	$	26,380			$	24,018			0.01	%		0.01	%
Complete savings deposits	3,347				3,357				0.01	%		0.01	%
Checking deposits	1,286				1,239				0.03	%		0.03	%
Other money market and savings deposits	779				792				0.01	%		0.01	%
Time deposits⁽²⁾	37				39				0.34	%		0.38	%
Total deposits⁽³⁾	$	31,829			$	29,445			0.01	%		0.01	%


(1)	The Company's 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 March 31, 2016 and December 31, 2015, the Company had $178 million and $173 million in non-interest bearing deposits, respectively.