Total Number of Debit Cards Issued - 2008

PaymentsSource:

Source(s): Surveys and PaymentsSource

Currently viewing: 2008

Rank	Company	Value	% of Overall Sample
1.	Bank of America Corp.	36,482,881	22.3%
2.	Wells Fargo & Co.	28,700,000	17.6%
3.	JPMorgan Chase & Co.	28,235,316	17.3%
4.	U.S. Bancorp	7,176,633	4.4%
5.	Citigroup Inc.	5,970,000	3.7%
6.	Suntrust Banks Inc.	4,352,724	2.7%
7.	Regions Financial Corp.	3,524,435	2.2%
8.	Fifth Third Bancorp	3,463,055	2.1%
9.	Citizens Financial Group	3,445,776	2.1%
10.	PNC Financial Services Group Inc.	2,915,297	1.8%
11.	BB&T Corp.	2,877,844	1.8%
12.	Sovereign Bank	2,820,866	1.7%
13.	Navy Federal Credit Union	2,763,943	1.7%
14.	USAA	2,758,234	1.7%
15.	TD Banknorth Inc.	2,753,096	1.7%
16.	Capital One Financial Corp.	2,429,119	1.5%
17.	Synovus Financial Corp.	2,150,951	1.3%
18.	Popular, Inc.	2,048,723	1.3%
19.	TCF Financial Corporation	1,449,501	0.9%
20.	State Employees Credit Union (NC)	1,373,579	0.8%
21.	M&T Bank Corp.	1,319,070	0.8%
22.	Comerica Inc.	1,267,211	0.8%
23.	UnionBanCal Corporation	1,120,800	0.7%
24.	KeyCorp	988,181	0.6%
25.	Huntington Bancshares Inc.	951,120	0.6%
26.	Zions Bancorp	791,029	0.5%
27.	BBVA USA Bancshares Inc.	751,768	0.5%
28.	Peoples United Bank	698,033	0.4%
29.	Pentagon Federal Credit Union	664,257	0.4%
30.	Marshall & Ilsley Corp.	645,945	0.4%
31.	Commerce Bancshares Inc.	617,011	0.4%
32.	UMB Financial Corp.	538,904	0.3%
33.	Arvest Bank Group Inc.	499,999	0.3%
34.	Golden 1 Credit Union, The	485,430	0.3%
35.	Wilmington Trust Corp.	472,717	0.3%
36.	Security Service Federal Credit Union	464,770	0.3%
37.	BECU (Boeing Employees' Credit Union)	442,382	0.3%
38.	Bank of Hawaii Corporation	353,218	0.2%
39.	SchoolsFirst Federal Credit Union	348,276	0.2%
40.	Citizens Equity First Credit Union	327,592	0.2%
41.	TrustMark Corporation	286,735	0.2%
42.	Northwest Savings Bank	249,864	0.2%
43.	RBC Bancorporation (USA)	227,897	0.1%
44.	Webster Financial Corporation	158,210	0.1%
45.	National Penn Bancshares, Inc.	151,960	0.1%
46.	South Financial Group, The	126,432	0.1%
47.	Citizens Republic Bancorp, Inc.	123,217	0.1%
48.	Ent Federal Credit Union	108,403	0.1%
49.	Texas Dow Employees Credit Union	98,023	0.1%
50.	First Banks Inc	89,687	0.1%
51.	Coastal Federal Credit Union	89,370	0.1%
52.	Associated Credit Union	87,181	0.1%
53.	Bethpage Federal Credit Union	82,400	0.1%
54.	Unitus Community Credit Union	29,838	0.0%
55.	Clear Mountain Bank	0	0.0%
56.	Commercial Bank Of Texas, National Association	0	0.0%
57.	East Dubuque Savings Bank	0	0.0%
58.	Rushford State Bank Inc.	0	0.0%
59.	Pacific Western Bank	0	0.0%
60.	Franklin Bank & Trust Company	0	0.0%
61.	Bac Florida Bank	0	0.0%
62.	Solvay Bank	0	0.0%
63.	National Exchange Bank And Trust	0	0.0%
64.	Farmers State Bank (SD)	0	0.0%
65.	Midsouth Bank-Texas, National Association	0	0.0%
66.	Elderton State Bank	0	0.0%
67.	First Southern Bank	0	0.0%
68.	Palmetto State Bank	0	0.0%
69.	American State Bank (Osceola,IA)	0	0.0%
70.	The Bank Of Tampa	0	0.0%
71.	State Bank Of Alcester	0	0.0%
72.	Caprock Santa Fe Credit Union	0	0.0%
73.	Community South Credit Union	0	0.0%
74.	First Credit Union Of Gainesville	0	0.0%
75.	Calhoun-Liberty Employees Credit Union	0	0.0%
76.	Public Employees Credit Union (TX)	0	0.0%
77.	Centex Citizens Credit Union	0	0.0%
78.	Federal Employees Credit Union	0	0.0%
79.	People's Credit Union of Abilene	0	0.0%
80.	University Credit Union	0	0.0%
81.	Florida Transportation Credit Union	0	0.0%
82.	Athens Area Credit Union	0	0.0%
83.	Northwoods Community Credit Union	0	0.0%
84.	Credit Union Of The Rockies	0	0.0%
85.	Ladish Community Credit Union	0	0.0%
86.	First Community Credit Union Of Beloit	0	0.0%
87.	Jack Daniels Employees Credit Union	0	0.0%
88.	First Credit Union (WI)	0	0.0%
89.	National J. A. C. L. Credit Union	0	0.0%
90.	Brokaw Credit Union	0	0.0%
91.	P W C Employees Credit Union	0	0.0%
92.	Piedmont Credit Union	0	0.0%
93.	Newport News Mun. Emp Credit Union	0	0.0%
94.	Loudoun Credit Union	0	0.0%
95.	Hampton City Emp Credit Union Inc.	0	0.0%
96.	The Richmond Postal Credit Union In	0	0.0%
97.	Martinsville Dupont Emp Credit Union	0	0.0%
98.	Dial Credit Union	0	0.0%
99.	Peoples Community Credit Union	0	0.0%
100.	Lennox Employees Credit Union	0	0.0%
	Total Market Value =	163,348,903

Report: 20 Percent of Cardholders Use Birthday as PIN

It has been reported that many people are using very weak numbers for their credit and debit card PIN, making it easy for thieves and fraudsters to be able to access their accounts. A study was recently carried out, and officials said that one fifth of cardholders were using their birthdays as their PIN, which is an obvious choice that would easily be rumbled by someone that got their hands on the card.

The study also found that people are very careless with their PIN, and around 13 percent kept their PIN written down on a piece of paper, which they then kept in their purse or wallet along with the card itself. Over 1500 people were polled as part of the study. Officials said that the results seemed to show that whilst people were becoming increasingly stringent when it came to their online banking and accounts they were still very lax with their offline accounts.

Another 17 percent of those polled said that they kept their PIN stored on their mobile phones in case they forgot the number whilst they were out. Worryingly, 25 percent of people said that they set the same PIN on all of their credit and debit cards, which means that of someone got hold of the PIN they could access all of their cards rather than just one.

Speaking of people using their birthdates one researcher said: “I would strongly advise against this. You need to select a number that is memorable to you, but not known by other people, or just learn the PIN that the bank provides you with. Consumers who pay for items on a credit or debit card with a PIN are just as vulnerable to identity theft as people who sign for payments. It’s not rocket science; having your PIN written somewhere in your purse or wallet, right next to your credit or debit card, is asking for trouble.”

Related articles

• Fraudsters Find Holes in Debit Card Fraud Detection (pcworld.com)
• PIN versus Signature Debit (pindebit.blogspot.com)
• CardinalCommerce Corporation Adds Internet PIN Debit Payment Capability (pindebit.blogspot.com)