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


	December 31,
	2023		2022
Demand deposits (interest-bearing)	$	27,111,072	$	26,805,073
Demand deposits (non-interest-bearing)		223,505		305,138
Certificates of deposit		2		6,900
	$	27,334,579	$	27,117,111

The weighted-average interest rate on deposits was 2.66% and 0.58% at December 31, 2023 and 2022, respectively. At December 31, 2023 and 2022, related party deposits, primarily interest-bearing and time deposits of executive officers, directors, and their affiliates, were $9.0 million and $9.8 million, respectively. Brokerage customers’ deposits were $24.1 billion and $25.3 billion, respectively.