Customer Deposits

9 Months Ended

Sep. 30, 2019

Banking and Thrift [Abstract]

Customer Deposits

Customer Deposits

As of September 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	$	72,535	$	69,144
Non-interest-bearing (includes Card Member credit balances of: 2019, $329; 2018, $376)	358		412
Non-U.S.:
Interest-bearing	22		28
Non-interest-bearing (includes Card Member credit balances of: 2019, $376; 2018, $367)	383		376
Total customer deposits	$	73,298	$	69,960

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

(Millions)	2019		2018
U.S. retail deposits:
Savings accounts – Direct	$	44,989	$	39,491
Certificates of deposit: (a)
Direct	1,757		817
Third-party (brokered)	9,598		12,667
Sweep accounts – Third-party (brokered)	16,191		16,169
Other deposits:
U.S. non-interest bearing deposits	29		36
Non-U.S. deposits	29		37
Card Member credit balances ― U.S. and non-U.S.	705		743
Total customer deposits	$	73,298	$	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 48 months and 2.47 percent, respectively, as of September 30, 2019.

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

(Millions)	U.S.		Non-U.S.		Total
2019	$	1,622	$	3	$	1,625
2020	4,548		11		4,559
2021	2,202		—		2,202
2022	2,376		—		2,376
2023	368		—		368
After 5 years	239		—		239
Total	$	11,355	$	14	$	11,369

As of September 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.	$	593	$	276
Non-U.S.	4		9
Total	$	597	$	285