FBI Reports Overall Decline in 2011 Financial Institution Crimes

Incidents at CUs, however, remained constant.

June 26, 2012

There were 5,093 crimes committed at financial institutions during 2011, down from 5,641 during 2012, according to the Federal Bureau of Investigation (FBI).

This includes 5,014 robberies, 60 burglaries, 12 larcenies, and seven extortions reported to law enforcement.

The number of incidents at credit unions, however, remained constant. Credit unions reported 398 robberies, 13 burglaries, and one larceny during 2011, compared to a respective 396, 11, and one during 2010.

Some report highlights:
 Loot was taken during 4,534 of the 5,086 reported robberies, burglaries, and larcenies (89%), and during two of the seven reported extortions.

• The total amount taken exceeded $38 million. More than $8 million was recovered and returned to the financial institutions.

• The most common modus operandi during the reported robberies, burglaries, and larcenies were demand note (2,958 incidents), oral demand (2,678 incidents), weapon threatened (2,331 incidents), and firearm used (1,242 incidents).

• Among the seven reported extortions, perpetrators used or threatened the use of explosive devices during one incident and made threats by telephone during four incidents.

• Acts of violence were committed during 201 of the reported robberies, burglaries, and larcenies. These acts included 70 instances involving the discharge of firearms, 116 assaults, and one instance involving an explosive device. No acts of violence occurred during the seven reported bank extortions.

• Acts of violence during the reported robberies, burglaries, and larcenies resulted in 88 injuries, 13 deaths, and 30 persons being taken hostage.

• Most violations occurred on Friday. Regardless of the day of the week, violations between the hours of 9:00 a.m. and 11:00 a.m. were the most common.

• Most violations occurred in the Southern region of the U.S., with 1,576 reported incidents.

Click here for the full report.