Statistics, Facts & Such

Retail store credit cards carry an average annual percentage rate (APR) of 21.2%, compared with an average APR of 17.1% on bank credit cards.
CardWeb.com Inc., YOUR MONEY, April/May 2000 issue

The current value of U.S. Savings Bonds can be determined by downloading the Savings Bond Wizard software from the Bureau of the Public Debt's Web site (www.publicdebt.treas.gov) Bonds can also be purchased online there.

The cost of the typical $100,000, 30-year fixed-rate mortgage loan monthly payment was $682 in March of 1999. It increased $76, to $758 per month in March of 2000.
Bank Rate Monitor, YOUR MONEY, April/May 2000 issue

The U.S. Treasury Department estimates there is $350 billion paid every year in fees and commissions to brokers, banks and insurers by investors. It also estimates the financial modernization law effective in March of 2000 will save people $15 billion of those fees annually.
www.treas.gov

Financial institutions owning more than 1000 ATMs had the highest fee structure for use, averaging $1.50 per card per month.
16th Annual Speer & Associates ATM Study, Atlanta, GA

Non-banks purchase one-half of new ATMs.
16th Annual Speer & Associates ATM Study, Atlanta, GA

55% of community banks have a Web site. 18% offer home banking through the Internet now, but 89% plan to make it available within three years.
Grant Thornton LLP, 7th Annual Community Bank Survey

Copyright © 2000 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 10, No. 4, 4/00