Statistics, Facts & Such

There are $400 billion worth of checks each year payable to phone companies, utilities, insurance companies and other regular billers, according to Visa U.S.A., with only 1% of such invoices being paid with plastic.The Virginia Slims Tennis Tournament may be renamed the Chase Championships as a result of Chase Manhattan's sponsorship of the competition of the tennis world's top 16 women's players.In 1994 eighteen cents out of every dollar of employee compensation represented fringe benefits such as Social Security, unemployment compensation, private pension, health, and similar plans.

Copyright © 1996 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 6, No. 12, 11/96