Whether you need to report them depends upon the amount and your status.
Specified individuals living in the US:
-
Unmarried individual (or married filing separately): Total value
of assets was more than $50,000 on the last day of the tax year, or more
than $75,000 at any time during the year.
-
Married individual filing jointly: Total value of assets was more
than $100,000 on the last day of the tax year, or more than $150,000 at
any time during the year.
For more information, see:https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements