Deposits consist of interest-bearing-demand deposits (primarily money market and savings accounts), non-interest-bearing demand deposits, and certificates of deposit. Deposits at December 31, 2024 and 2023, were as follows (in thousands):


	December 31,
	2024		2023
Demand deposits (interest-bearing)	$	28,580,415	$	27,111,072
Demand deposits (non-interest-bearing)		318,229		223,505
Certificates of deposit		203,583		2
	$	29,102,227	$	27,334,579

The weighted-average interest rate on deposits was 3.22% and 2.66% at December 31, 2024 and 2023, respectively. Certificates of deposit, of $0.1 million and greater, due within one year at December 31, 2024, was $203.6 million.

At December 31, 2024 and 2023, related party deposits, primarily interest-bearing and time deposits of executive officers, directors, and their affiliates, were $2.5 million and $9.0 million, respectively. Brokerage customers’ deposits were $27.1 billion and $24.1 billion, respectively.