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Deposits
 12 Months Ended
Dec. 31, 2024
Statistical Disclosure for Banks [Abstract]  
Deposits Deposits
    
The following table sets forth the weighted average interest rates for each type of deposit:

December 31,
20242023
(dollars in millions)AmountPercent of TotalWeighted Average Interest RateAmountPercent of TotalWeighted Average Interest Rate
Interest-bearing checking and money market accounts$20,780 27.40 %2.89 %$30,700 37.66 %3.51 %
Savings accounts14,282 18.82 %3.22 %8,773 10.76 %2.67 %
Certificates of deposit27,324 36.01 %4.75 %21,554 26.44 %4.42 %
Non-interest-bearing accounts13,484 17.77 %— %20,499 25.14 %— %
Total deposits$75,870 100.00 %3.12 %$81,526 100.00 %2.79 %

At December 31, 2024 and 2023, the aggregate amount of time deposit accounts (including certificates of deposit) that meet or exceed the insured limit was $12.6 billion and $7.9 billion, respectively.

At December 31, 2024 and 2023, the aggregate amount of deposits that had been reclassified as loan balances (i.e., overdrafts) was $33 million and $121 million, respectively.
The scheduled maturities of certificates of deposit at December 31, 2024 were as follows:

(in millions)
1 year or less$24,532 
More than 1 year through 2 years2,626 
More than 2 years through 3 years155 
More than 3 years through 4 years12 
More than 4 years through 5 years8 
Over 5 years2 
Total certificates of deposit (1)
$27,335 
(1) Excludes purchase accounting adjustments



The following table presents the composition of the Company's brokered deposits for the periods presented:

Year Ended December 31,
20242023
Brokered money market accounts$137 $1,258 
Brokered interest-bearing checking accounts represented577 1,599 
Brokered certificates of deposit
9,510 6,605 
Total brokered deposits (1)
$10,224 $9,462 
(1) Excludes reciprocal deposits.
The weighted average interest rate of brokered deposits was 4.5 percent and 3.7 percent at December 31, 2024 and 2023, respectively.