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DEPOSITS
3 Months Ended
Mar. 31, 2024
Statistical Disclosure for Banks [Abstract]  
DEPOSITS DEPOSITS
Deposits are summarized as follows:
March 31, 2024December 31, 2023
AmountWeighted Average RateAmountWeighted Average Rate
(In thousands)
Non-interest-bearing demand deposit accounts$3,182,047 0.00 %$2,940,398 0.00 %
NOW accounts200,900 1.05 %200,382 0.99 %
Money market deposit accounts3,222,271 2.96 %3,100,681 2.89 %
Savings accounts341,054 1.34 %340,860 1.20 %
Time deposits197,265 3.44 %187,457 3.01 %
Brokered certificates of deposit ("CDs")162,228 4.99 %242,210 5.09 %
Total deposits$7,305,765 1.60 %$7,011,988 1.62 %

The scheduled maturities of time deposits and brokered CDs as of March 31, 2024 are as follows:
(In thousands)Balance
2024$157,931 
202580,544 
202646,613 
202739,497 
202826,884 
Thereafter8,024 
Total
$359,493 
Time deposits greater than $250,000 totaled $45.9 million as of March 31, 2024 and $42.2 million as of December 31, 2023.
From time to time the Company will issue time deposits through the Certificate of Deposit Account Registry Service (“CDARS”) for the purpose of providing FDIC insurance to bank customers with balances in excess of FDIC insurance limits. CDARS deposits totaled approximately $66.7 million and $63.1 million as of March 31, 2024 and December 31, 2023, respectively, and are included in Time deposits above.
Our total deposits included deposits from Workers United and its related entities, a related party, in the amounts of $61.4 million as of March 31, 2024 and $56.4 million as of December 31, 2023.
Included in total deposits are state and municipal deposits totaling $61.7 million and $51.9 million as of March 31, 2024 and December 31, 2023, respectively. Such deposits are secured by letters of credit issued by the FHLBNY or by securities pledged with the FHLBNY.