v3.22.4
Deposits
 3 Months Ended
Dec. 31, 2022
Deposits [Abstract]  
Deposits DEPOSITS
Deposit account balances are summarized as follows:
December 31,
2022		September 30,
2022
Checking accounts$1,181,361 $1,210,035 
Savings accounts, excluding money market accounts1,302,131 1,364,821 
Money market accounts363,402 481,650 
Certificates of deposit6,164,106 5,862,274 
9,011,000 8,918,780 
Accrued interest3,295 2,237 
Total deposits$9,014,295 $8,921,017 
The aggregate amount of CD's in denominations of $250 or more was $815,108 and $733,301 at December 31, 2022 and September 30, 2022, respectively. In accordance with the DFA, the maximum amount of deposit insurance is $250 per depositor.
Brokered deposits, which are used as a cost effective funding alternative, consist of certificates of deposit and checking accounts. Brokered certificates of deposits (exclusive of acquisition costs and subsequent amortization) totaled $650,090 at December 31, 2022, and $575,236 at September 30, 2022. There were no brokered checking accounts at December 31, 2022 and September 30, 2022. The FDIC places restrictions on banks with regard to issuing brokered deposits based on the bank's capital classification. As a well-capitalized institution at December 31, 2022 and September 30, 2022, the Association may accept brokered deposits without FDIC restrictions.