Statistics, Facts & Such

It has been a regulatory requirement to have a disaster recovery plan in place since 1989.

In the September issue of Financial World Magazine, it is noted that in 1993 individual Americans gave $102 billion to charity, an average of about $900 per contributing family. That's five times as much as an average French family, and three times as much as the average Briton.

There are over 480,000 charities in the United States. In 1990 total annual revenues of charities were $406 billion, all of which is tax exempt.

The average teller handles about 6000 pieces of currency each day.

VISA estimates consumers spend $10 billion at the post office each year.

More than 95% of banks reported a profit in 1993.

According to Connecticut banking history, in the early 1900's, it was not unusual for the bank president, the head cashier, and the safe deposit custodian to be issued pistols to carry during working hours.

63% of 142 bankers surveyed by the ABA think offering welfare payments and food stamps through the ATM would be cost effective for their institutions.

The average annual fraudulent check loss reported to KPMG Peat Marwick this year was $360,000, a decline from the previous year.

The average single family house costs 4% to 5% more now than it did one year ago.

Over the last twenty years, annual inflation has averaged 5.9%

Copyright © 1994 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 5, No. 3, 11/94