Customer Deposits

6 Months Ended

Jun. 30, 2019

Banking and Thrift [Abstract]

Customer Deposits

Customer Deposits

As of June 30, 2019 and December 31, 2018, customer deposits were categorized as interest-bearing or non-interest-bearing as follows:

(Millions)	2019		2018
U.S.:
Interest-bearing	$	71,808	$	69,144
Non-interest-bearing (includes Card Member credit balances of: 2019, $351; 2018, $376)	386		412
Non-U.S.:
Interest-bearing	27		28
Non-interest-bearing (includes Card Member credit balances of: 2019, $362; 2018, $367)	369		376
Total customer deposits	$	72,590	$	69,960

Customer deposits by deposit type as of June 30, 2019 and December 31, 2018 were as follows:

(Millions)	2019		2018
U.S. retail deposits:
Savings accounts – Direct	$	43,657	$	39,491
Certificates of deposit: (a)
Direct	1,493		817
Third-party (brokered)	10,927		12,667
Sweep accounts – Third-party (brokered)	15,731		16,169
Other deposits:
U.S. non-interest bearing deposits	35		36
Non-U.S. deposits	34		37
Card Member credit balances ― U.S. and non-U.S.	713		743
Total customer deposits	$	72,590	$	69,960

(a) The weighted average remaining maturity and weighted average interest rate at issuance on the total portfolio of U.S. retail certificates of deposit issued through direct and third-party programs were 49 months and 2.47 percent, respectively, as of June 30, 2019.

The scheduled maturities of certificates of deposit as of June 30, 2019 were as follows:

(Millions)	U.S.		Non-U.S.		Total
2019	$	2,971	$	8	$	2,979
2020	4,543		9		4,552
2021	2,008		—		2,008
2022	2,341		—		2,341
2023	354		—		354
After 5 years	203		—		203
Total	$	12,420	$	17	$	12,437

As of June 30, 2019 and December 31, 2018, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows:

(Millions)	2019		2018
U.S.	$	496	$	276
Non-U.S.	6		9
Total	$	502	$	285