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RELATED PARTY TRANSACTIONS (Tables)
9 Months Ended
Sep. 30, 2014
Related Party Transactions [Abstract]  
Schedule of inter-company borrowed funds
The following is a summary of inter-company borrowed funds:
(dollars in millions)
Related Party
 
Interest Rate
 
Maturity Date
 
September 30,
2014
 
December 31,
2013
Subordinated debt
RBSG
 
4.023%
 
October 2024
 

$333

 

$—

 
RBSG
 
4.153%
 
July 2024
 
333

 

 
RBSG
 
4.691%
 
January 2024
 
334

 
334

 
RBSG
 
4.771%
 
October 2023
 
333

 
333

 
RBS
 
5.158%
 
June 2023
 
333

 
333