Annual report pursuant to Section 13 and 15(d)

Deposits

v3.20.4
Deposits
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
Deposits Deposits
The table below presents information about the Corporation’s time deposits of $100,000 or more at December 31, 2020 and 2019. The Corporation also had aggregate time deposits of $10.7 billion and $15.8 billion in denominations that met or exceeded the Federal Deposit Insurance Corporation (FDIC) insurance limit at December 31, 2020 and 2019.
Time Deposits of $100,000 or More
December 31, 2020 December 31
2019
(Dollars in millions) Three Months
or Less
Over Three
Months to
Twelve Months
Thereafter Total Total
U.S. certificates of deposit and other time deposits $ 12,485  $ 10,668  $ 1,445  $ 24,598  $ 39,739 
Non-U.S. certificates of deposit and other time deposits 8,568  1,925  1,432  11,925  13,034 
The scheduled contractual maturities for total time deposits at December 31, 2020 are presented in the table below.
Contractual Maturities of Total Time Deposits
(Dollars in millions) U.S. Non-U.S. Total
Due in 2021 $ 40,052  $ 10,609  $ 50,661 
Due in 2022 2,604  167  2,771 
Due in 2023 431  435 
Due in 2024 222  227 
Due in 2025 186  13  199 
Thereafter 276  1,287  1,563 
Total time deposits $ 43,771  $ 12,085  $ 55,856