Deposits consist of interest-bearing demand deposits (primarily money market and savings accounts), non-interest bearing demand deposits, and certificates of deposit. Deposits at September 30, 2026 and December 31, 2025 were as follows (in thousands):


	September 30, 2026		December 31, 2025
Demand deposits (interest-bearing)	$	32,052,478	$	28,931,314
Demand deposits (non-interest-bearing)		561,463		339,494
Certificates of deposit		193,323		481,255
Total deposits	$	32,807,264	$	29,752,063

At September 30, 2026 and December 31, 2025, there were no time deposits that exceeded the FDIC-insured amount, and all certificate of deposit balances at September 30, 2026, were due within one year.

At September 30, 2026 and December 31, 2025, related party deposits, primarily interest-bearing and time deposits of executive officers, directors, and their affiliates were immaterial. Brokerage customers’ deposits were $22.5 billion and $25.6 billion, respectively.