We have a situation where a VP/Branch Manager asked other employees to waive overdraft fees on her son's account(s). The employee has been terminated. We're having a discussion on if a SAR should be filed for insider abuse. Insider abuse has no dollar amount threshhold. Had the fees not been waived, the bank's fee income would've been increased by approximately $2,000.

File or do not file?

'Insider abuse has no dollar amount threshold'

I think you have answered your own question. Unfortunately I don't believe you have a choice but to file.

I concur with Skittles, this sounds like it meets the criteria to file.

We have a situation where a VP/Branch Manager asked other employees to waive overdraft fees on her son's account(s).

Has some law been broken or bank policy? Would the fee waiver be an issue if it was the son of your largest customer?

"The employee has been terminated" How about the VP?

Who are you filing on VP or other employee?