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Deposits | 12 Months Ended
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Dec. 31, 2015
Deposits [Abstract] |
Deposits | Deposits The following table summarizes total deposits at December 31, 2015 and 2014.
|  | December 31, |  | December 31, |
|  | 2015 |  | 2014 |
Deposits - interest bearing |  | $ | 11,487,006 |  |  | $ | 10,539,953 |  |
Deposits - non-interest bearing |  | 701 |  |  | 602 |  |
Total deposits |  | $ | 11,487,707 |  |  | $ | 10,540,555 |  |
Interest Bearing Interest bearing deposits as of December 31, 2015 and 2014 consisted of non-maturity savings and money market deposits, brokered and retail CDs, as discussed further below, and brokered MMDAs. In addition, we gather what we consider to be core deposits from various sources. These deposit products are serviced by third-party providers. Placement fees associated with the brokered CDs are amortized into interest expense using the effective interest rate method. We recognized placement fee expense of $10.5 million, $10.3 million, and $9.8 million in the years ended December 31, 2015, 2014 and 2013, respectively. Fees paid to third-party brokers related to these CDs were $4.1 million, $15.2 million, and $12.1 million during the years ended December 31, 2015, 2014 and 2013, respectively. Interest bearing deposits at December 31, 2015 and 2014 are summarized as follows:
|  | December 31, 2015 |  | December 31, 2014
|  | Amount |  | Year-End Weighted Average Stated Rate(1) |  | Amount |  | Year-End Weighted Average Stated Rate(1)
Money market |  | $ | 4,886,299 |  |  | 1.19 | % |  | $ | 4,527,448 |  |  | 1.15 | %
Savings |  | 669,254 |  |  | 0.82 |  |  | 703,687 |  |  | 0.81 |
Certificates of deposit |  | 5,931,453 |  |  | 0.98 |  |  | 5,308,818 |  |  | 1.00 |
Deposits - interest bearing |  | $ | 11,487,006 |  |  |  |  |  | $ | 10,539,953 |  |  |
___ (1) Includes the effect of interest rate swaps in effective hedge relationships. Certificates of deposit remaining maturities are summarized as follows:
|  | December 31,
|  | 2015 |  | 2014
One year or less |  | $ | 2,667,980 |  |  | $ | 1,717,891 |
After one year to two years |  | 1,210,429 |  |  | 1,038,778 |
After two years to three years |  | 1,053,442 |  |  | 948,490 |
After three years to four years |  | 630,851 |  |  | 846,976 |
After four years to five years |  | 203,704 |  |  | 577,827 |
After five years |  | 165,047 |  |  | 178,856 |
Total |  | $ | 5,931,453 |  |  | $ | 5,308,818 |
As of December 31, 2015 and 2014, there were $709.9 million and $254.0 million of deposits exceeding FDIC insurance limits. Accrued interest on deposits was $15.7 million and $16.1 million at December 31, 2015 and 2014, respectively. Non-Interest Bearing Non-interest bearing deposits were $0.7 million and $0.6 million as of December 31, 2015 and 2014, respectively. For both periods, these were comprised of money market accounts related to our Employee Stock Purchase Plan account. See Note 14, “Stock-Based Compensation Plans and Arrangements” for additional details regarding this plan.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=50488274&loc=d3e64164-112818 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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=6876686&loc=d3e534808-122878 + Details
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