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AMERICAN EXPRESS COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 8
CUSTOMER DEPOSITS
As of December 31, customer deposits were categorized as interest-bearing or non-interest-bearing as follows:
(Millions) 2014 2013
U.S.:
Interest-bearing $43,279$40,831
Non-interest-bearing (includes Card Member credit balances of: 2014, $372 million; 2013, $340 million) 418 360
Non-U.S.:
Interest-bearing 115 121
Non-interest-bearing (includes Card Member credit balances of: 2014, $347 million; 2013, $437 million) 359 451
Total customer deposits $ 44,171 $ 41,763
Customer deposits by deposit type as of December 31 were as follows:
(Millions) 2014 2013
U.S. retail deposits:
Savings accounts – Direct $ 26,159 $ 24,550
Certificates of deposit:
Direct 333 489
Third-party 7,838 6,929
Sweep accounts –Third-party 8,949 8,863
Other retail deposits:
Non-U.S. deposits and U.S. non-interest bearing deposits 173 155
Card Member credit balances – U.S. and non-U.S. 719 777
Total customer deposits $ 44,171 $ 41,763
The scheduled maturities of certificates of deposit as of December 31, 2014 were as follows:
(Millions) U.S. Non-U.S. Total
2015 1,744 $ 21 $ 1,765
2016 2,136 — 2,136
2017 1,491 — 1,491
2018 1,480 — 1,480
2019 1,304 — 1,304
After 5 years 16 — 16
Total $8,171$ 21$8,192
As of December 31, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows:
(Millions) 2014 2013
U.S. $ 111 $148
Non-U.S. 17 —
Total $128$148
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