NEWS
Madison on pace to break 2001 bank-robbery record
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by Lynn Heidmann
Tuesday, September 12, 2006
Crime in Madison continues to rise, according to the Madison Police Department, which has already reported a marked increase in bank robberies in 2006. This year's high of 16 robberies is on track to break 2001's record of 19.
According to an MPD release, robbery rates dropped in 2002 but have been rising steadily since. An FBI report stated robbery offenses increased throughout the country this year, but the Midwest had the steepest increase of 5.7 percent, compared to a 1.9 percent increase in the West, a 1.8 percent increase in the South and a 1.4 percent rise in the Northeast.
Don Klein, a corporate spokesperson for Associated Bank, said an increase in robberies is something banks across the country have noticed, and most are taking extra measures to ensure customers and their funds are safe.
"[The robberies] have been fairly desperate crimes … but a lot of banks are investing in new technology," City Council President Austin King said.
The recent crime wave in Madison impacted Associated Bank more than others, Klein said, accounting for four of the 16 reported robberies. He admitted banks are unsure why this year has seen such a spike in numbers — and why Associated Bank has been the most popular target.
"I don't know why the Madison area has especially seen an increase in bank robberies, but it is something we have noticed and been aware of," he added. "We are diligent about working with partners in law enforcement to prevent future robberies and deal with those that have happened."
Though Klein said he could not disclose details about systems installed to prevent theft for fear of compromising safety, he insisted employees are fully trained to react appropriately in case of emergency.
King said many recent robberies involved victims being threatened with weapons, but noted that to his knowledge no serious injuries were reported.
He also said bank robberies tend to fluctuate with the Bush economy and with varying trends in drug addiction. An FBI report also revealed cities with populations between 500,000 and 999,999 saw the greatest increase in robberies this year.
Klein said in the event of a robbery, the bank does all it can to minimize loss. But regardless of the outcome of a robbery, patrons' funds are insured through the FBI, he added.
"You'll find all banks try to do everything they can to keep customers safe," he said. "It's a top priority."
Klein added the bottom line when dealing with bank robberies is safety for both employees and citizens.
"It is difficult when robberies are on the increase, but [people] should feel safe when they come to any bank," he said. "Employees are trained how to react in case of robbery so not only are they protected, but our customers are as well."
Officials from the MPD did not respond as of press time to repeated calls seeking comment.
