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Sometimes you have to complete both the FinCen 114 and the 8938. It depends on the amount in the account so if you meet the amount and type for both forms file them both.
If you can withdraw from and deposit into an account (account b) then report the account. You appear to have enough control that you should be reporting it.
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Taxpayers with a total value of specified foreign financial assets below a certain threshold do not have to file Form 8938.
If the total value is at or below $50,000 at the end of the tax year, there is no reporting requirement for the year, unless the total value was more than $75,000 at any time during the tax year
If you did not file for 2014 then amend the 2014 (form 1040X return and attach the 8938). you can also send the FINCEN 114 for 2014
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