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, 2023 and December 31, 2022 were as follows (in thousands):


	September 30, 2023		December 31, 2022
Demand deposits (interest-bearing)	$	27,335,890	$	26,805,073
Demand deposits (non-interest-bearing)		258,466		305,138
Certificates of deposit		2		6,900
	$	27,594,358	$	27,117,111

The weighted-average interest rate on deposits was 2.48% and 0.58% at September 30, 2023 and December 31, 2022, respectively.

At September 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 $10.3 million and $9.8 million, respectively. Brokerage customers’ deposits were $24.7 billion and $25.3 billion, respectively.