The American Bankers Association has announced a new website that will allow more-timely reporting of bank robbery data.
ABA Bank Capture will allow participating banks to enter data from incidents of robbery, burglary and ATM robbery and assault and then made available to other banks participating in the site – particularly those in the same metropolitan areas where the robberies and other incidents occurred.
“ABA Bank Capture provides an invaluable tool for banks and law enforcement to detect and deter bank crimes,” Larry Brown, senior vice president of risk management at First Citizens Bank of Raleigh, N.C., and chairman of the ABA Bank Security Committee, said in an announcement of the site.
“Banks will now have the ability to more deeply analyze crime trends and be alerted to crimes occurring at other banks in their vicinity,” Brown said.
The FBI also tracks bank robbery statistics and the new site will integrate with its efforts, the ABA said, but where the FBI only releases data on a quarterly basis the new site will attempt to alert bankers to crime trends much more quickly.
Although credit unions are also included in the FBI statistics, the ABA has not yet said whether the new site will be open to credit union participation.