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DEPOSITS (Tables) | 12 Months Ended
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Dec. 31, 2023
Deposits [Abstract] |
Schedule of the major components of deposits | The following table presents the major components of deposits:
| December 31,
(dollars in millions) | 2023 |  | 2022
Demand | $37,107 |  |  | $49,283 |
Money market | 53,812 |  |  | 49,905 |
Checking with interest | 31,876 |  |  | 39,721 |
Savings | 27,983 |  |  | 29,805 |
Term | 26,564 |  |  | 12,010 |
Total deposits | $177,342 |  |  | $180,724 |
Schedule of the major components of deposits | The following table presents the maturity distribution of term deposits by year as of December 31, 2023:
Year | (dollars in millions)
2024 | $25,529 |
2025 | 866 |
2026 | 74 |
2027 | 59 |
2028 | 33 |
2029 and thereafter | 3 |
Total | $26,564 |
Schedule of maturities of term deposits greater than $100,000 | The following table presents the remaining maturities of term deposits with a denomination of $250,000 or more as of December 31, 2023:
(dollars in millions) |
Three months or less | $2,559 |
After three months through six months | 1,527 |
After six months through twelve months | 1,358 |
After twelve months | 229 |
Total term deposits | $5,673 |

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- Definition Tabular disclosure of amounts of contractual maturities of domestic and foreign time deposits (including certificates of deposits, individual retirement accounts and open accounts) in denominations of $100,000 or more, for three months or less from the balance sheet date. + References No definition available. + Details
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- Definition Tabular disclosure of type of deposit liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (1) -Publisher SEC Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (2) -Publisher SEC Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (3) -Publisher SEC Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (4) -Publisher SEC Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (5) -Publisher SEC Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (c) -Publisher SEC Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (d) -Publisher SEC Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (1) -Publisher SEC Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2) -Publisher SEC Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i) -Publisher SEC Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(ii) -Publisher SEC Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iii) -Publisher SEC Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iv) -Publisher SEC + Details
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