American Express 2009 Annual Report Download - page 95

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
AMERICAN EXPRESS COMPANY
NOTE 9
CUSTOMER DEPOSITS
As of December 31, customer deposits were categorized as
interest-bearing or non-interest-bearing deposits as follows:
(Millions) 2009 2008
U.S.:
Interest-bearing $25,579 $14,377
Non-interest-bearing 13 18
Non-U.S.:
Interest-bearing 680 1,072
Non-interest-bearing 17 19
Total customer deposits $26,289 $15,486
The customer deposits are aggregated by deposit type offered
by the Company as of December 31 as follows:
(Millions) 2009 2008
U.S. retail deposits:
Cash sweep and savings accounts $10,498 $ 7,247
Certificates of deposit 15,081 6,258
Institutional and other deposits 710 1,981
Total customer deposits $26,289 $15,486
The scheduled maturities of all certificates of deposit as of
December 31, 2009 are as follows:
(Millions) U.S. Non-U.S. Total
2010 $ 4,854 $394 $ 5,248
2011 4,993 1 4,994
2012 2,146 — 2,146
2013 1,715 — 1,715
2014 986 — 986
After 5 years 387 — 387
Total $15,081 $395 $15,476
As of December 31, certificates of deposit in denominations of
$100,000 or more were as follows:
(Millions) 2009 2008
U.S. $196 $ 894
Non-U.S. —153
Total $196 $1,047
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