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Inactive Financial Institution Letters

Bank Secrecy Act
The SAR Activity Review By the Numbers, May 2006
June 28, 2006

Summary: The Financial Crimes Enforcement Network (FinCEN) has issued the sixth edition (May 2006) of The SAR Activity Review By the Numbers.

  • FinCEN issued the sixth edition of The SAR Activity Review By the Numbers. The report is a compilation of numerical data gathered from Suspicious Activity Reports (SARs) filed by depository institutions, casinos and card clubs, certain money services businesses, and certain segments of securities and futures industries.
  • The SAR Activity Review By the Numbers is generally published twice annually with activity covering two filing periods: January 1 to June 30, and July 1 to December 31. The current edition can be accessed at
  • The SAR Activity Review By the Numbers serves as a companion report to The SAR Activity Review – Trends, Tips & Issues.
  • As of December 31, 2005, over 3.1 million SARs have been filed with FinCEN. Of that total, over 2 million were filed by depository institutions.
  • Bank Secrecy Act/structuring/money laundering continues to be the leading characterization of suspicious activity.
  • A comparison of SAR filing trends between 2004 and 2005 includes: a 41% increase in mortgage loan filings; a 55% increase in consumer loan fraud filings; a 77% increase in false statement filings; and a 35% decrease in computer intrusion filings.

FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Related Topics:
Bank Secrecy Act/Anti-Money Laundering Programs


Review Examiner Debra Novak, Division of Supervision and Consumer Protection, at or (202) 898-3673

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at

To receive FILs electronically, please visit

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or 703-562-2200).

Last Updated 11/14/2018

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