Deposits

The aggregate amount of time deposits that meet or exceed the FDIC insured limit, currently $250,000, at December 31, 2019 and 2018, was $93.5 million and $107.0 million, respectively. Deposits and weighted-average interest rates at the dates indicated are as follows:



	December 31, 2019			December 31, 2018
	Amount		Weighted- Average Interest Rate	Amount		Weighted- Average Interest Rate
			(Dollars in thousands)
Savings	$	168,983	0.86%	$	143,412	0.74%
Transaction accounts	276,496		0.03%	262,152		0.05%
Money market accounts	248,086		0.46%	273,344		0.43%
Certificates of deposit and jumbo certificates	308,080		1.85%	261,352		1.86%

	$	1,001,645	0.84%	$	940,260	0.77%

Maturities of certificates at the dates indicated are as follows:



	December 31, 2019
	(In thousands)
Within one year or less	$	241,127
After one year through two years	42,274
After two years through three years	11,167
After three years through four years	6,593
After four years through five years	6,919
After five years	—

	$	308,080

Deposits at December 31, 2019 and 2018, include $57.4 million and $80.0 million, respectively, in public fund deposits. Investment securities with a carrying value of $35.5 million and $47.6 million were pledged as collateral for these deposits at December 31, 2019 and 2018, respectively. This exceeds the minimum collateral requirements established by the Washington Public Deposit Protection Commission.

Interest on deposits by type for the periods shown was as follows:



	For the Year Ended December 31,
	2019		2018
	(In thousands)
Savings	$	1,478	$	369
Transaction accounts	118		74
Money market accounts	1,285		1,142
Certificates of deposit and jumbo certificates	5,423		3,765
	$	8,304	$	5,350