Statistics, Facts & Such
The latest annual figures from the FBI show the three cities with the highest number of bank robberies are Los Angeles (1,122), New York (245), and Miami (216).
There were 75 mergers of banks and thrifts in the first three months of 1996, worth $16.3 billion. (One-Wells Fargo/First Interstate was $12.3 billion.) In the first quarter of 1995 there were 99 mergers, with a total "deal" value of $7.9 billion.
12 million new life insurance policies were sold in 1995, worth about $9.5 billion.
The FBI says 60% of bank robbers are caught.
H. Spencer Nilson, publisher of The Nilson Report, a credit card industry newsletter in Oxnard, CA estimates that in 1995 world wide fraud involving bank issued credit cards amounted to $2.98 billion- about half of it in the United States.
From September 24, 1993 through September 23, 1994, approximately 11.2 million currency transaction reports were filed. Of that number, approximately 10.9 million were filed by depository institutions.
Barnett Bank, FL, claims the largest check-processing volume ever achieved in one day, worldwide, via electronic image technology, when it recently processed over 8,5 million checks on a working day after a bank holiday. Their previous average check run high was about 4.5 million.
In 1995, according to the Federal Reserve, consumer credit grew 13% over 1994.
17% of the adult working population in the United States, numbering about 20 million people, own their own business, according to an Inc./Gallup poll done in November, 1995.
Copyright © 1996 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 6, No. 7, 5/96
First published on 05/01/1996