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Writer's pictureBay Atlantic FCU

Beneficial Ownership Information

Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company. Business owners will have to report the information to the Financial Crimes Enforcement Network (FinCEN), which is a bureau of the U.S. Department of the Treasury.


As a courtesy to our business members, PDF copies of the FAQ and Small Entity Compliance Guide in both English and Spanish are available for download below:



For additional information and instructions on how to report can be found on the FinCEN website at: www.fincen.gov/boi


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