Deposits

The following table summarizes total deposits at September 30, 2015 and December 31, 2014.



	September 30,		December 31,
	2015		2014
Deposits - interest bearing	$	10,610,592	$	10,539,953
Deposits - non interest bearing	287		602
Total deposits	$	10,610,879	$	10,540,555

Interest Bearing

Interest bearing deposits as of September 30, 2015 and December 31, 2014 consisted of retail non-maturity savings and money market deposits, brokered and retail certificates of deposit, and brokered money market deposits. These deposit products are serviced by third party providers. Placement fees associated with the brokered certificates of deposit are amortized into interest expense using the effective interest rate method.

Interest bearing deposits at September 30, 2015 and December 31, 2014 are summarized as follows:



	September 30, 2015				December 31, 2014
	Amount		Qtr.-End Weighted Average Stated Rate⁽¹⁾		Amount		Year-End Weighted Average Stated Rate⁽¹⁾

Money market	$	4,436,095	1.18	%	$	4,527,448	1.15	%
Savings	665,941		0.82		703,687		0.81
Certificates of deposit	5,508,556		0.99		5,308,818		1.00
Deposits - interest bearing	$	10,610,592			$	10,539,953

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⁽¹⁾ Includes the effect of interest rate swaps in effective hedge relationships.

As of September 30, 2015 and December 31, 2014, there were $194,714 and $253,953, respectively, of deposits exceeding Federal Deposit Insurance Corporation (“FDIC”) insurance limits. Accrued interest on deposits was $22,637 and $16,082 at September 30, 2015 and December 31, 2014, respectively.

Non Interest Bearing

Non interest bearing deposits were $287 and $602 as of September 30, 2015 and December 31, 2014, respectively. For both periods, these were comprised of money market accounts related to our Employee Stock Purchase Plan account.