Statistics, Facts & Such
The FDIC has planned 10,949 examinations for compliance, trust, electronic data processing for 1994.
Asian banking in America began in San Francisco in 1937 when the Bank of Canton was founded.
A company called Value-Added Communications, working with ATM manufacturer Diebold and the Pulse, Honor and Star ATM networks, plans to install 1200 ATMs in 300 hotels in 1994. According to their criteria, a hotel must have at least 400 rooms to qualify for installation of an ATM.
82% of 105 western community bankers surveyed are in favor of regulatory consolidation.
The average age of annuity owners is 50, and the average annual income is about $46,000
75% of all branch terminals installed in 1992 were personal computers.
Between June of 1992 and June, 1993 there were 32.2 million point-of-sale transactions, according to POS News, Chicago. They predict that six years from now there will be 450 million such transactions per month.
Over 50% of all POS transactions between June, 1992 and June, 1993 took place in the state of California.
There are presently over 155,000 POS terminals in the United States.
The Labor Department says 70% of bank employees and 50% of real estate personnel are women.
Women start two of every three new U.S. businesses, and now own 30% of all businesses (about 6.5 million of them, employing over 11 million people.)
According to the National Automated Clearing House Association 35% of all employees in the U.S. have their pay direct deposited. More than 56% of people receiving Social Security Benefits also do so by direct deposit.
Copyright © 1994 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 4, No. 11, 6/94