STATISTICS, FACTS, & SUCH

• 66% of community banks say they do not share any customer information with any third parties, affiliated or unaffiliated. 5% share with unaffiliated third parties. 26% share with affiliates. Grant Thornton 8th Annual Survey
• In 1964, the Federal Reserve Bank in Atlanta was processing 300,000 pieces of currency a day. Today the bank processes about 4.5 million a day. The Atlanta Constitution, 6/12/01
• The largest tax payment ever charged to a credit card was in 1999 in the amount of $7.2 million. U.S. News & World Report, 4/16/01
• Credit card ads were first mailed by Bank of America in 1958. 22 years later 56% of Americans had at least one credit card. By 2000, 76% of us have one (or more) credit cards. U.S. News & World Report, 3/19/01
• 3.34% of all credit card accounts had payments 30 days late at the end of 2000. 4.25% of total card debt in dollars was delinquent. James Chessen, chief economist. ABA, 5/1/01
• A study done in 1999 reported the average monthly cost of operating an ATM is $2,164, not including transaction fees or rent for ATM locations. Most machines cost $15,000 to $50,000 to purchase depending on their functionality. The average per- transaction cost for ATM owners at 25 cents compared with $2.94 for teller transactions. The Des Moines Register via Bell&Howell, 5/1/01
• There are approximately 273,000 ATMs in the United States. Ibid.
• 53% of 1000 people polled say they plan to collect the entire set of state quarters. The average American has between $30 and $50 in change at home. Coinstar, Inc.
• The average used car loan increased from $14,410 in 1999 to $14,686 in 2000. The average new vehicle loan size decreased from $19,813 in 1999 to $19,705 in 2000 . Consumer Bankers Association's 2001 Automobile Finance Study, by KPMG

Copyright © 2001 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 11, No. 6, 7/01