Deposits

12 Months Ended

Dec. 31, 2021

Banking And Thrift Disclosure [Abstract]

NOTE 8: DEPOSITS

The following table sets forth the weighted average interest rates for each type of deposit at December 31, 2021 and 2020:


	December 31,
	2021								2020
(dollars in millions)	Amount		Percent of Total			Weighted Average Interest Rate			Amount		Percent of Total			Weighted Average Interest Rate
Interest-bearing checking and money market accounts	$	13,209		37.68	%		0.20	%	$	12,610		38.87	%		0.28	%
Savings accounts		8,892		25.36			0.35			6,416		19.78			0.41
Certificates of deposit		8,424		24.03			0.52			10,331		31.85			0.83
Non-interest-bearing accounts		4,534		12.93			—			3,080		9.50			—
Total deposits	$	35,059		100.00	%		0.29	%	$	32,437		100.00	%		0.45	%

At December 31, 2021 and 2020, the aggregate amount of deposits that had been reclassified as loan balances (i.e., overdrafts) was $1.9 million and $2.3 million, respectively.

The scheduled maturities of certificates of deposit (“CDs”) at December 31, 2021 were as follows:


(in millions)
1 year or less	$	7,454
More than 1 year through 2 years		410
More than 2 years through 3 years		495
More than 3 years through 4 years		26
More than 4 years through 5 years		39
Over 5 years		-
Total CDs	$	8,424

Included in total deposits at both December 31, 2021 and 2020 were brokered deposits of $5.7 billion and $5.3 billion with weighted average interest rates of .07% and .08% at the respective year-ends. Brokered money market accounts represented $3.0 billion of the December 31, 2021 and 2020 totals, and brokered interest-bearing checking accounts represented $1.5 billion and $1.3 billion, respectively. Brokered CDs represented $1.2 billion and $1.0 billion of brokered deposits at December 31, 2021 and 2020, respectively.