Deposits consist of interest-bearing demand deposits (primarily money market and savings accounts), non-interest bearing demand deposits, and certificates of deposit. Deposits at June 30, 2023 and December 31, 2022 were as follows (in thousands):


	June 30, 2023		December 31, 2022
Demand deposits (interest-bearing)	$	26,744,730	$	26,805,073
Demand deposits (non-interest-bearing)		260,075		305,138
Certificates of deposit		2		6,900
	$	27,004,807	$	27,117,111

The weighted-average interest rate on deposits was 2.27% and 0.58% at June 30, 2023 and December 31, 2022, respectively.

At June 30, 2023 and December 31, 2022, the amount of deposits includes related party deposits, primarily interest-bearing and time deposits of executive officers, directors, and their affiliates of $10.5 million and $9.8 million, respectively. Brokerage customers’ deposits were $24.2 billion and $25.3 billion, respectively.