Deposits

The following table summarizes total deposits at December 31, 2018 and 2017.



	December 31,
	2018		2017
Deposits - interest bearing	$	18,942,082	$	15,504,330
Deposits - non-interest bearing	1,076		1,053
Total deposits	$	18,943,158	$	15,505,383

Our total deposits of $18.9 billion were comprised of $10.3 billion in brokered deposits and $8.6 billion in retail and other deposits at December 31, 2018, compared with total deposits of $15.5 billion, which were comprised of $8.2 billion in brokered deposits and $7.3 billion in retail and other deposits, at December 31, 2017.

Interest bearing deposits as of December 31, 2018 and 2017 consisted of retail and brokered non-maturity savings deposits, retail and brokered non-maturity MMDAs and retail and brokered CDs. Interest bearing deposits include deposits from Educational 529 and Health Savings plans that diversify our funding sources and add deposits we consider to be core. These and other large omnibus accounts, aggregating the deposits of many individual depositors, represented $5.9 billion of our deposit total as of December 31, 2018, compared with $5.5 billion at December 31, 2017.

Some of our deposit products are serviced by third-party providers. Placement fees associated with the brokered CDs are amortized into interest expense using the effective interest rate method. We recognized placement fee expense of $13 million, $9 million, and $10 million in the years ended December 31, 2018, 2017 and 2016, respectively. Fees paid to third-party brokers related to these CDs were $26 million, $12 million, and $4 million during the years ended December 31, 2018, 2017 and 2016, respectively.

Interest bearing deposits at December 31, 2018 and 2017 are summarized as follows:



	December 31, 2018				December 31, 2017
	Amount		Year-End Weighted Average Stated Rate⁽¹⁾		Amount		Year-End Weighted Average Stated Rate⁽¹⁾

Money market	$	8,687,766	2.46	%	$	7,731,966	1.80	%
Savings	702,342		2.00		738,243		1.10
Certificates of deposit	9,551,974		2.74		7,034,121		1.93
Deposits - interest bearing	$	18,942,082			$	15,504,330

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

Certificates of deposit remaining maturities are summarized as follows:



	December 31,
	2018		2017
One year or less	$	4,098,520	$	3,716,183
After one year to two years	2,045,861		1,550,130
After two years to three years	1,479,292		806,488
After three years to four years	494,654		447,592
After four years to five years	1,274,198		445,884
After five years	159,449		67,844
Total	$	9,551,974	$	7,034,121

As of December 31, 2018 and 2017, there were $523 million and $396 million, respectively, of deposits exceeding FDIC insurance limits. Accrued interest on deposits was $53 million and $28 million at December 31, 2018 and 2017, respectively.