Customer Deposits

9 Months Ended

Sep. 30, 2024

Deposits [Abstract]

Customer Deposits

Customer Deposits

As of September 30, 2024 and December 31, 2023, customer deposits were categorized as interest-bearing or non-interest-bearing as follows:

(Millions)	2024		2023
U.S.:
Interest-bearing	$	134,476	$	128,146
Non-interest-bearing (includes Card Member credit balances of: 2024, $483; 2023, $495)	532		557
Non-U.S.:
Interest-bearing	17		12
Non-interest-bearing (includes Card Member credit balances of: 2024, $410; 2023, $426)	413		429
Total customer deposits	$	135,438	$	129,144

Customer deposits by deposit type as of September 30, 2024 and December 31, 2023 were as follows:

(Millions)	2024		2023
U.S. interest-bearing deposits:
Savings accounts	$	105,465	$	92,324
Checking accounts	1,839		1,398
Certificates of deposit:
Direct	4,882		5,557
Third-party (brokered)	6,851		12,960
Sweep accounts – Third-party (brokered)	15,439		15,907
Total U.S. interest-bearing deposits	$	134,476	$	128,146
Other deposits	69		77
Card Member credit balances	893		921
Total customer deposits	$	135,438	$	129,144

The scheduled maturities of certificates of deposit as of September 30, 2024 were as follows:

(Millions)	2024		2025		2026		2027		2028		After 5 Years		Total
Certificates of deposit (a)	$	1,810	$	6,575	$	1,453	$	1,001	$	701	$	204	$	11,744

(a)Includes $11 million of non-U.S. direct certificates of deposit as of September 30, 2024.

As of September 30, 2024 and December 31, 2023, certificates of deposit in denominations that met or exceeded the insured limit were $1.6 billion and $1.8 billion, respectively.