Statistics, Facts & Such

Bullet resistant glass at the teller area, known as "bandit barriers", cost approximately $20,000 to $25,000 per branch.

Since its creation in 1990, FinCEN has provided almost 38,000 analytical case reports involving over 100,000 subjects to federal state, and local law enforcement agencies.

During the last four years, FinCEN matched more than 39 million BSA reports to system algorithms, revealing over 3,500 subjects for investigation.

BSA records were provided to law enforcement in 45 states for 49,466 inquiries in 1996. During the first two months of 1997 there were 21,843 inquiries from 48 states.

There are over 500,000 wire transfers a day, worldwide, moving over $2 trillion.

As of October 1, 1997 a state law in Nevada will require casinos to report suspicious activity to the federal government.

According to current FBI stats, recent bank robberies net most robbers about $1,000 per heist, with nearly three out of four bank robbers being caught within 18 months.

A Federal Reserve study of data from 1990 through 1995 opines that comparing all sizes, a $25 billion assets bank operates at the top efficiency. The previous study, done in the 1980s, showed the most efficient optimal size was less than $10 billion.

A Stanford University economist reports that individuals who attend financial education programs increase their savings by 1.6%, resulting in approximately $2,500 more a year retirement funds than those people who do not do any financial planning studying.

Copyright © 1997 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 7, No. 5, 4/97