Deposit Liabilities

6 Months Ended

Jun. 30, 2013

Deposit Liabilities Disclosures [Text Block]

Deposit Liabilities

Deposit liabilities consisted of the following.



($ in millions)	June 30, 2013		December 31, 2012
Deposits
Noninterest-bearing deposits	$	72	$	1,977
Interest-bearing deposits
Savings and money market checking accounts	18,297		13,871
Certificates of deposit	31,114		31,084
Dealer deposits	642		983
Total deposit liabilities	$	50,125	$	47,915

Noninterest-bearing deposits primarily represent third-party escrows associated with our mortgage loan-servicing portfolio. See Note 10 for further detail of MSRs sales. The escrow deposits are not subject to an executed agreement and can be withdrawn without penalty at any time. At June 30, 2013, and December 31, 2012, certificates of deposit included $12.5 billion and $12.0 billion, respectively, of certificates of deposit in denominations of $100 thousand or more.

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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