CUNA Regulatory Comment Call

April 23, 2009

Agency Information Collection Activities: Suspicious Activity Report (SAR) by Depository Institutions

EXECUTIVE SUMMARY

Please feel free to fax your responses to CUNA at 202-638-7052; email them to Senior Vice President and Deputy General Counsel Mary Dunn at mdunn@cuna.com or to Federal Compliance Counsel Nichole Seabron at nseabron@cuna.com; or mail them to Mary or Nichole in c/o CUNA’s Regulatory Affairs Department, 601 Pennsylvania Avenue, NW, South Building, Suite 600, Washington, DC 20004. You may also contact us at 800-356-9655 ext 6739, if you would like a copy of the proposed rule or you may access here.

BACKGROUND

FinCEN and the Banking Supervisory Agencies, as part of their continuing effort to reduce paperwork and respondent burden, invite the general public and other Federal agencies to take this opportunity to comment on information collections required under the Bank Secrecy Act’s Suspicious Activity Reporting requirements. The regulators are soliciting comments concerning the currently approved Suspicious Activity Report by Depository Institutions, which are being renewed without change.

QUESTIONS REGARDING THE NOTICE AND REQUEST FOR COMMENTS

Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Deputy General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Luke Martone • Senior Regulatory Counsel • (202) 508-6743 • lmartone@cuna.com