DEPOSITS

3 Months Ended

Mar. 31, 2025

Banking and Thrift, Interest [Abstract]

DEPOSITS

DEPOSITS

Deposits consisted of the following:

	March 31,		December 31,
In millions of dollars	2025(1)		2024
Non-interest-bearing deposits in U.S. offices	$	122,472	$	123,338
Interest-bearing deposits in U.S. offices (including $1,534 and $1,262 as of March 31, 2025 and December 31, 2024, respectively, at fair value)	562,628		551,547
Total deposits in U.S. offices(1)	$	685,100	$	674,885
Non-interest-bearing deposits in offices outside the U.S. (including $442 million and $383 million as of March 31, 2025 and December 31, 2024, respectively, at fair value)	$	82,215	$	84,349
Interest-bearing deposits in offices outside the U.S. (including $2,250 and $1,963 as of March 31, 2025 and December 31, 2024, respectively, at fair value)	549,095		525,224
Total deposits in offices outside the U.S.(1)	$	631,310	$	609,573
Total deposits	$	1,316,410	$	1,284,458

(1)    For information on time deposits that met or exceeded the insured limit at December 31, 2024, see Note 18 to the Consolidated Financial Statements in Citi’s 2024 Form 10-K.

For additional information on Citi’s deposits, see Citi’s 2024 Form 10-K.

FDIC Special Assessment

Citi recorded $20 million and $251 million in Other operating expenses for the three months ended March 31, 2025 and 2024, respectively, related to the FDIC’s final rule implementing a special assessment to recover the uninsured deposit losses from the failures of Silicon Valley Bank and Signature Bank. The special assessment expenses are reflected in Corporate/Other in All Other.