Deposits

12 Months Ended

Dec. 31, 2014

Notes to Financial Statements [Abstract]

Deposit Liabilities Disclosures [Text Block]

Note 21 – Deposits

Total interest bearing deposits as of the end of the periods presented consisted of:

			December 31,
(In thousands)		2014		2013
Savings accounts		$	6,737,370	$	6,839,126
NOW, money market and other interest bearing demand deposits			4,811,972		5,637,985
Total savings, NOW, money market and other interest bearing demand deposits			11,549,342		12,477,111
Certificates of deposit:
	Under $100,000		4,211,180		5,101,711
	$100,000 and over		3,263,265		3,209,641
Total certificates of deposit			7,474,445		8,311,352
Total interest bearing deposits		$	19,023,787	$	20,788,463

A summary of certificates of deposit by maturity at December 31, 2014 follows:

(In thousands)
2015	$	5,011,262
2016		958,246
2017		572,706
2018		363,691
2019		495,931
2020 and thereafter		72,609
Total certificates of deposit	$	7,474,445

At December 31, 2014, the Corporation had brokered deposits amounting to $ 1.9 billion (2013 - $ 2.4 billion).

The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $9 million at December 31, 2014 (2013 - $10 million).

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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