Statistics, Facts, & Such
According to Gemini Consulting, it costs $1.07 for a teller transaction, and 27 cents for an ATM transaction.
Nearly three out of four U.S. adults own ATM cards.
There are over 150 million PCs now in use worldwide.
Twice as many Americans from the ages of 18 to 24 have ATM cards compared to those over age 65, according to a Gallup survey.
400 million rebate checks worth about $900 million are transacted each year, according to the Coupon Information Center, Alexandria, VA.
One of the small banks that handles rebate checks for AT&T, processes 2 million checks a month for them, charging 2.2 cents per item.
Of the 13,382 banking companies in the United States, 42% have one regulator, 43% have two, 13% have three and 2% have four.
A survey of 100 large banks and thrifts by Bank Rate Monitor in late 1993 revealed that the average passbook rate is 2.29%.
57% of banking transactions take place outside traditional branches (i.e. at an ATM), according to a study sponsored by the Bank Administration Institute.
Bankruptcy fraud and abuse are estimated to cost the credit card industry about $1.3 billion a year.
MasterCard reported their 1993 Christmas holiday net settlement dollar volume from department stores, mail order and discount stores was up 24% over 1992 figures.
Home sales are at their highest levels since the records were set in 1978-1979.
79% of 1000 consumers surveyed by Opinion Research Corp said information about investments was more important to them than about mortgages, car loans or home equity loans.
Copyright © 1994 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 4, No. 7, 1/94
First published on 01/01/1994