BANK DEPOSITS (Tables)

6 Months Ended

Mar. 31, 2020

The following table presents a summary of bank deposits including the weighted-average rate, the calculation of which was based on the actual deposit balances at each respective period.



	March 31, 2020				September 30, 2019
$ in millions	Balance		Weighted-average rate		Balance		Weighted-average rate
Savings and money market accounts	$	28,715	0.01	%	$	21,654	0.25	%
Certificates of deposit	1,150		1.99	%	605		2.33	%
NOW accounts	136		1.92	%	6		0.01	%
Demand deposits (non-interest-bearing)	22		—		16		—
Total	$	30,023	0.09	%	$	22,281	0.31	%

Scheduled Maturities of Certificates of Deposit

The following table sets forth the scheduled maturities of certificates of deposit.



	March 31, 2020				September 30, 2019
$ in millions	Denominations greater than or equal to $100,000		Denominations less than $100,000		Denominations greater than or equal to $100,000		Denominations less than $100,000
Three months or less	$	84	$	20	$	24	$	19
Over three through six months	57		26		26		21
Over six through twelve months	67		85		75		37
Over one through two years	26		175		32		36
Over two through three years	54		160		40		93
Over three through four years	68		171		66		47
Over four through five years	7		150		38		51
Total certificates of deposit	$	363	$	787	$	301	$	304

Interest Expense on Deposits

Interest expense on deposits, excluding interest expense related to affiliate deposits, is summarized in the following table.



	Three months ended March 31,				Six months ended March 31,
$ in millions	2020		2019		2020		2019
Savings, money market, and NOW accounts	$	6	$	34	$	18	$	67
Certificates of deposit	6		3		10		5
Total interest expense on deposits	$	12	$	37	$	28	$	72