
	March 31,		December 31,
(Dollars in thousands)	2024		2023
Deposits - interest-bearing	$	20,901,209	$	21,651,657
Deposits - non-interest-bearing	2,247		1,531
Total deposits	$	20,903,456	$	21,653,188

Our total deposits of $20.9 billion were comprised of $10.3 billion in brokered deposits and $10.6 billion in retail and other deposits at March 31, 2024, compared to total deposits of $21.7 billion, which were comprised of $10.3 billion in brokered deposits and $11.4 billion in retail and other deposits, at December 31, 2023.

Interest-bearing deposits as of March 31, 2024 and December 31, 2023 consisted of retail and brokered non-maturity savings deposits, retail and brokered non-maturity money market deposits (“MMDAs”), and retail and brokered certificates of deposit (“CDs”). Interest-bearing deposits also include deposits from Educational 529 and Health Savings plans that diversify our funding sources and that we consider to be core. These and other large omnibus accounts, aggregating the deposits of many individual depositors, represented $6.8 billion and $7.6 billion of our deposit total as of March 31, 2024 and December 31, 2023, respectively. The omnibus accounts are structured in such a way that entitles the individual depositor pass-through deposit insurance (subject to Federal Deposit Insurance Corporation (“FDIC”) rules and limitations), and the majority of these deposits have contractual minimum balances and maturity terms.

Some of our 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 $3 million and $3 million in the three months ended March 31, 2024 and 2023, respectively. There were no fees paid to third-party brokers related to brokered CDs for the three months ended March 31, 2024 and $3 million in fees were paid for the three months ended March 31, 2023.


	March 31, 2024				December 31, 2023
(Dollars in thousands)	Amount		Qtr.-End Weighted Average Stated Rate(1)		Amount		Year-End Weighted Average Stated Rate(1)

Money market	$	9,448,177	4.61	%	$	10,258,292	4.85	%
Savings	969,452		4.34		945,000		4.35
Certificates of deposit	10,483,580		3.81		10,448,365		3.69
Deposits - interest bearing	$	20,901,209			$	21,651,657


(Dollars in thousands)	March 31, 2024		December 31, 2023
One year or less	$	5,058,152	$	3,937,766
After one year to two years	3,371,560		4,112,902
After two years to three years	1,677,935		1,881,371
After three years to four years	210,575		327,295
After four years to five years	165,245		188,802
After five years	113		229
Total	$	10,483,580	$	10,448,365