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Deposits (Tables)
12 Months Ended
Dec. 31, 2022
Banking And Thrifts [Abstract]  
Escrow, Mortgage Subserving, and Other Deposits

Deposit accounts are summarized as follows:

 

 

 

December 31,

 

(dollars in millions)

 

2022

 

 

2021

 

Escrow deposits:

 

 

 

 

 

 

Interest bearing

 

$

2,542

 

 

$

2,792

 

Non-interest bearing

 

 

2,077

 

 

 

2,083

 

 

 

 

4,619

 

 

 

4,875

 

Mortgage subservicing deposits:

 

 

 

 

 

 

Interest bearing

 

 

713

 

 

 

 

Business checking and other deposits (1)

 

 

188

 

 

 

194

 

 

 

$

5,520

 

 

$

5,069

 

Weighted-average interest rate:

 

 

 

 

 

 

Interest bearing deposit accounts

 

 

0.50

%

 

 

0.10

%

 

(1)
Accounts are primarily non-interest bearing.