Statistics, Facts & Such
A bill has been proposed in Congress that all $100 bills being held abroad must be returned within six months from the date of the issuance of the new design $100 note.
The FDIC reports 10,335 community banks with assets less than $500 million in the United States at the present time.
The ABA Check Fraud Survey reports over 93% of responding community banks provide next day/immediate availability for deposits into consumer accounts, and over 67% give next day availability to all business accounts.
Less than 1% of consumer spending is done with travelers checks.
The VISA Plus International ATM Network is now accessible in 85 countries in the world.
The number of in-store (supermarket) branches have doubled in the last six years. There are now approximately 2,000. Projections are they will triple in the next six years to 6,000.
About 350,000 computer users now bank at home. Analysts estimate that by 1998, home bankers will number 7.5 million.
Old National Bancorp, Evansville, Indiana, was founded in 1834. In its 161 year history, it has never reported a loss.
Copyright © 1995 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 5, No. 8, 5/95