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Deposits (Tables) | 6 Months Ended
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Jun. 30, 2025
Banking and Thrift, Other Disclosure [Abstract] |
Deposits Liabilities | Deposits as of June 30, 2025 and December 31, 2024 are summarized as follows (in thousands):
|  | June 30, 2025 |  | December 31, 2024
Savings |  | $ | 1,628,971 |  |  | 1,679,667 |
Money market |  | 3,416,772 |  |  | 3,364,564 |
Negotiable Order of Withdrawal ("NOW") (1) |  | 6,643,324 |  |  | 6,622,642 |
Non-interest bearing |  | 3,752,024 |  |  | 3,788,785 |
Certificates of deposit (2) |  | 3,267,433 |  |  | 3,168,155 |
Total deposits |  | $ | 18,708,524 |  |  | 18,623,813 |
(1) Our insured cash sweep product totaled $1.13 billion and $1.16 billion as of June 30, 2025 and December 31, 2024, respectively, and are reported within NOW accounts. (2) Time deposits equal to or in excess of $250,000, were $842.4 million and $789.0 million as of June 30, 2025 and December 31, 2024, respectively. Additionally, reciprocal Certificate of Deposit Account Registry Service product totaled $2.4 million and $3.5 million as of June 30, 2025 and December 31, 2024, respectively.

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