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STATISTICS, FACTS, & SUCH

  • According to the FBI, most modern-day bank robberies are "unsophisticated and unprofessional crimes," committed by young male repeat offenders who apparently don't know the first thing about their business. For instance they report that in spite of the widespread use of surveillance cameras, 76% of bank robbers use no disguise, 86% never study the bank before robbing it, and 95% make no long-range plans for concealing the loot.
    BH Interview, FBI, Atlanta

  • More than 1.3 million worthless checks are written every day.
    Bottom Line Personal, 1/15/01, p4

  • Although it has more than 100,000 employees at more than 39,000 outlets, selling over $28 billion worth of money orders annually, before 1999 the United States Postal Service lacked a system for recording suspicious activity and was potentially liable for huge fines.
    PRNewswire, 11/2/00

  • The new postal stamp price hike increasing the price of a one ounce, first-class stamp to 34 cents that took effect January 2001 is expected to generate $1 billion for the Postal Service.
    CNN-Washington, 11/13/00

  • It is estimated that the average household has between $30 and $50 in coins stashed away in their homes.
    Coinstar, Inc., Bellevue, WA, 12/21/00

  • The average American handles about $600 worth of loose change over the course of a year.
    U.S. Mint

  • 42% of Americans have more than $70 in change saved at home. The largest transaction on record of a change cash-in was $8,100 in San Dimas, California.
    Coinstar, Inc., Bellevue, WA, 12/21/00

  • If current trends continue college costs will more than double in the next twenty years. Despite this fact, nearly 66% of parents with children under 18 failed to save a single dollar - for any purpose - in 1998.
    UPromise, Inc., the college savings network, (BUSINESS WIRE), 11/16/00

    Copyright © 2001 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 11, No. 1, 1/01

First published on 01/01/2001

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