Why Are So Many Credit Unions Not Filing CTRs or SARs? Inquiring FinCEN Minds Want to Know

If it's been awhile since your credit union has filed a CTR or a SAR, now might be a good time to double check your system. FinCEN's director says it is investigating why a high number of credit unions haven't filed either CTRs or SARS in some time. She warns that smaller institutions don't get a pass because of their size, noting that criminals often target smaller institutions as "the weakest link." [9/16/15]