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Bank Deposits | 9 Months Ended
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Sep. 30, 2020
Deposits Liabilities Balance Sheet Reported Amounts [Abstract] |
Bank Deposits | NOTE 11 – Bank Deposits Deposits consist of money market and savings accounts, certificates of deposit, and demand deposits. Deposits at September 30, 2020 and December 31, 2019 were as follows (in thousands):
|  | September 30, 2020 |  |  | December 31, 2019 |
Money market and savings accounts |  | $ | 15,653,048 |  |  | $ | 13,530,670 |
Demand deposits (interest-bearing) |  |  | 363,999 |  |  |  | 1,113,296 |
Demand deposits (non-interest-bearing) |  |  | 271,056 |  |  |  | 165,657 |
Certificates of deposit |  |  | 111,898 |  |  |  | 522,958 |
|  | $ | 16,400,001 |  |  | $ | 15,332,581 |
The weighted-average interest rate on deposits was 0.11% and 0.64% at September 30, 2020 and December 31, 2019, respectively. Scheduled maturities of certificates of deposit at September 30, 2020 and December 31, 2019 were as follows (in thousands):
|  | September 30, 2020 |  |  | December 31, 2019 |
Certificates of deposit, less than $100,000: |  |  |  |  |  |  |  |
Within one year |  | $ | 3,120 |  |  | $ | 5,305 |
One to three years |  |  | 244 |  |  |  | 360 |
Three to five years |  |  | 13 |  |  |  | 13 |
|  | $ | 3,377 |  |  | $ | 5,678 |
Certificates of deposit, $100,000 and greater: |  |  |  |  |  |  |  |
Within one year |  | $ | 74,158 |  |  | $ | 441,341 |
One to three years |  |  | 34,163 |  |  |  | 68,855 |
Three to five years |  |  | 200 |  |  |  | 7,084 |
|  |  | 108,521 |  |  |  | 517,280 |
|  | $ | 111,898 |  |  | $ | 522,958 |
At September 30, 2020 and December 31, 2019, the amount of deposits includes related party deposits, primarily interest-bearing and time deposits of executive officers, directors, and their affiliates of $8.8 million and $6.7 million, respectively. Brokerage customers’ deposits were $15.4 billion and $13.9 billion, respectively.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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