Latest Bank Crime Statistics Show Decrease

   WASHINGTON, D.C. - 9/18/2011 - During the second quarter of 2011, there were 1,023 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,146 reported violations in the same quarter of 2010.1 According to statistics released on Sept. 7 by the FBI, there were 1,007 robberies, 15 burglaries, one larceny, and two extortions of financial institutions2 reported between April 1, 2011 and June 30, 2011.
   Highlights of the report include:
  • Loot was taken in 91 percent of the incidents, totaling more than $7.8 million.
  • Of the loot taken, 23 percent of it was recovered. More than $1.8 million was recovered and returned to financial institutions.
  • Bank crimes most frequently occurred on Friday. Regardless of the day, the time frame when bank crimes occurred most frequently was between 9:00 a.m. and 11:00 a.m.
  • Acts of violence were committed in 4 percent of the incidents, resulting in 31 injuries, one death, and three persons taken hostage.3
  • Demand notes 4 were the most common modus operandi used.
  • Most violations occurred in the Southern region of the U.S., with 373 reported incidents.
  • These statistics were recorded as of August 2, 2011. Note that not all bank crimes are reported to the FBI, and therefore the report is not a complete statistical compilation of all bank crimes that occurred in the U.S.
1 In the second quarter of 2010, there were 1,135 robberies, 11 burglaries, zero larcenies, and one extortion reported.
2
Financial institutions include commercial banks, mutual savings banks, savings and loan associations, and credit unions.
3 One or more acts of violence may occur during an incident.
4 More than one modus operandi may have been used during an incident.
Source: Federal Bureau of Investigation Release

Photo by Steve Rensberry (c) 2014