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Deposits (Tables)
12 Months Ended
Dec. 31, 2021
Banking And Thrifts [Abstract]  
Escrow, Savings and Investment Certificate Accounts

Deposit accounts are summarized as follows:

 

December 31,

 

(dollars in millions)

2021

 

 

2020

 

Escrow accounts:

 

 

 

 

 

 

 

Interest bearing

$

2,792

 

 

$

1,650

 

Non-interest bearing

 

2,083

 

 

 

1,439

 

 

 

4,875

 

 

 

3,089

 

Business checking and other deposits (1)

 

194

 

 

 

188

 

 

$

5,069

 

 

$

3,277

 

Weighted-average interest rate:

 

 

 

 

 

 

 

Interest bearing escrow accounts

 

0.10

%

 

 

0.13

%

 

 

(1)

Accounts are primarily non-interest bearing.