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Deposit Accounts
12 Months Ended
Jun. 30, 2020
Deposits [Abstract]  
Deposit Accounts
Deposit Accounts
Deposit accounts at the dates indicated consist of the following:
 
 
 
Weighted Average
Interest Rates
 
June 30,
 
June 30,
 
2020
 
2019
 
2020
 
2019
Noninterest-bearing accounts
$
429,901

 
$
294,322

 
%
 
%
NOW accounts
582,299

 
452,295

 
0.10
%
 
0.15
%
Money market accounts
836,738

 
691,172

 
0.46
%
 
0.89
%
Savings accounts
197,676

 
177,278

 
0.07
%
 
0.12
%
Certificates of deposit
739,142

 
712,190

 
1.45
%
 
1.99
%
Total
$
2,785,756

 
$
2,327,257

 
0.54
%
 
0.91
%

Deposits received from executive officers and directors and their associates totaled approximately $4,307 and $4,448 at June 30, 2020 and 2019, respectively. As part of our system conversion, certain escrow and official check accounts are now included in noninterest-bearing accounts. As of June 30, 2019, these accounts totaled $8,208 and were included in other liabilities.
As of June 30, 2020, maturities of certificates of deposit are as follows:
2021
$
598,777

2022
97,507

2023
26,833

2024
11,207

2025
4,818

Thereafter

Total
$
739,142


Certificates of deposit with balances of $250 or greater totaled $118,308 and $93,654 at June 30, 2020 and 2019, respectively. Generally, deposit amounts in excess of $250 are not federally insured.
Interest expense on deposits at the dates indicated consists of the following:
 
June 30,
 
2020
 
2019
 
2018
NOW accounts
$
1,627

 
$
1,251

 
$
970

Money market accounts
6,910

 
5,102

 
2,442

Savings accounts
195

 
245

 
295

Certificates of deposit
14,105

 
9,159

 
3,051

Total
$
22,837

 
$
15,757

 
$
6,758