NOTE 7: DEPOSITS

The following table sets forth the weighted average interest rates for each type of deposit at December 31, 2015 and 2014:


	December 31,
	2015								2014
(dollars in thousands)	Amount		Percent of Total			Weighted Average Interest Rate ⁽¹⁾			Amount		Percent of Total			Weighted Average Interest Rate ⁽¹⁾
NOW and money market accounts	$	13,069,019		45.97	%		0.22	%	$	12,549,600		44.30	%		0.37	%
Savings accounts		7,541,566		26.53			0.63			7,051,622		24.89			0.60
Certificates of deposit		5,312,487		18.69			0.68			6,420,598		22.67			1.15
Non-interest-bearing accounts		2,503,686		8.81			—			2,306,914		8.14			—

Total deposits	$	28,426,758		100.00	%		0.39	%	$	28,328,734		100.00	%		0.57	%

(1)

Excludes the effect of purchase accounting adjustments for certain certificates of deposit (“CDs”).

At December 31, 2015 and 2014, the aggregate amounts of deposits that had been reclassified as loan balances (i.e., overdrafts) were $3.5 million and $5.1 million, respectively.

The scheduled maturities of CDs at December 31, 2015 were as follows:


(in thousands)
1 year or less	$	2,427,758
More than 1 year through 2 years		2,689,561
More than 2 years through 3 years		111,794
More than 3 years through 4 years		30,763
More than 4 years through 5 years		27,057
Over 5 years		25,554

Total CDs	$	5,312,487

The following table presents a summary of CDs in amounts of $100,000 or more by remaining term to maturity, at December 31, 2015:


	CDs of $100,000 or More Maturing Within
(in thousands)	0 – 3 Months		Over 3 to 6 Months		Over 6 to 12 Months		Over 12 Months		Total
Total	$	164,385	$	506,082	$	637,647	$	1,457,749	$	2,765,863

Included in total deposits at December 31, 2015 and 2014 were brokered deposits of $4.0 billion, with weighted average interest rates of 0.32% and 0.21% at the respective year-ends. Brokered money market accounts represented $2.5 billion and $2.6 billion, respectively, of the year-end 2015 and 2014 totals, and brokered interest-bearing checking accounts represented $1.5 billion and $1.4 billion, respectively. There were no brokered CDs at December 31, 2015. Brokered CDs represented $3.5 million of brokered deposits at December 31, 2014.