Suspicious Activity Report (SAR) by Depository Institutions

Information about suspicious transactions conducted or attempted by, at, through, or otherwise involving credit unions are collected through FinCEN’s, Bank Secrecy Act (BSA) E-filing system by credit unions. A suspicious activity report (SAR) is to be filed no later than 30 calendar days from the date of the initial detection of facts that may constitute a basis for filing a SAR. FinCEN and law enforcement agencies use this information and the supporting documentation retained by the banks for criminal investigation and prosecution purposes.

The latest form for Suspicious Activity Report (SAR) by Depository Institutions expires 2023-05-31 and can be found here.