SAR Form Completion Rate?National Database

The following chart provides a statistical breakout of the percentage completion rate for each field on the SAR form for all SARs in the national database (approximately 400,000 records at time of this report). Each row of the chart is keyed to successive fields on the SAR form. Additional columns represent all financial institutions, grouped under the appropriate regulator as reported by the institution. Intersection of a row and column shows the percentage completion rate for the specific field for all financial institutions for each regulator, and indicates if the percentage completion rate varies statistically above (A) or below (B) the national average for that field. (The ?Other? column represents SARs filed either by non-bank financial institutions or by banks that did not identify their regulator.)





Excerpted from SAR Activity ReviewOctober 2000 Issue , page 25