Statistics, Facts & Such

The state of Pennsylvania was home in the year 1782 to the first commercial bank, in 1791 it hosted the first central bank, in 1816 it chartered the first mutual savings bank, in 1831 it backed the creation of the first savings and loan, and in 1863 the Keystone State gave us the first national bank in the country.

In the early 1920s, New York's First National City Bank (now known as Citibank) reached $1 billion in assets. Citicorp's assets are now over $208 billion.

You will remember about 6% to 7% of what you hear; 15% to 20% of what you hear and see (up to 30% if part of what you see is pictures); 50% will be comprehended if you watch a job being done: if you assist in the doing, you'll retain 70%. Only if you DO the job will you reach 90% retention.

The Federal Bureau of Investigation says that between one and two percent of all bank robbers are female.

A Senate Banking Committee member estimates that 95% of all financial institution depositors have less than $100,000 in their accounts.

As part of their protection against bomb threats, J.P.Morgan & Co has installed metal detectors, and Chase Manhattan checks bags and briefcases before entry into operations and computer areas.

Two percent of bank and thrift branches are in supermarkets, according to International Banking Technologies, Atlanta.

Travel & Leisure reports there are over 60,000 ATMs in the Cirrus and Plus systems in the United States, processing over 120 million transactions a year. Cirrus also claims 800 ATMs in France, and Plus owns 1,300 in the United Kingdom. These ATMs will convert your hometown dollars into local currency at the prevailing exchange rate as well as service withdrawals.

Copyright © 1991 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 2, No. 2, 3/91