What Day of the Week Is Most Popular for a Bank Robbery?

Friday is the day of the week that is most popular for a bank robbery in the US, according to statistics compiled by the Federal Bureau of Investigation (FBI). Out of the 5,629 robberies in 2010, 20% occurred on a Friday. This is thought to be the result of the belief that banks will have more money on hand because of Friday being a common day people receive their paychecks. The most common time of day that robbers strike banks is between 9 a.m. and 11 a.m., which is also thought to be because of the conceived notion that there will be more cash on hand.

More about bank robberies:

  • A study of British bank robberies found that the average amount stolen was approximately $19,000 US Dollars (USD), or about the equivalent of the annual salary of a coffee shop worker.
  • Experienced robbers do not become better at avoiding arrest: a first time robber has 20% odds of getting caught, while 60% of fourth time robbers are arrested.
  • Bank robberies decreased by half from 2000 through 2010 in the US, which may be the result of criminals focusing more on online theft.

Discussion Comments

anon963544

Really? I find this amusing,considering that many banks are really only open 5 full days per week. Then it is not surprising that 20 percent of the robberies are on Friday. Do the math.

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