ATFCU News You Can Use
ATFCU Board Election 2026
The volunteer Board of Directors is the governing body of the credit union, meeting monthly to oversee credit union policy, finances, planning and delivery of services. They are dedicated to the financial well being of our members and the strength of this cooperative organization. Board members serve 3 year terms. The Notice of Candidates for the 2026 election was enclosed with members’ December statements. Members receiving paper statement can view it here.
Members who wish to run by petition can pick up petition paperwork from the Branch Manager at any Abilene Teachers FCU office. Each nominee by petition must submit biographical information in the above format and a signed statement that they are agreeable to nomination and will serve if elected. Nominees must be in good standing with ATFCU. Petitions must be signed by a minimum of five hundred (500) members of Abilene Teachers Federal Credit Union who will be at least eighteen years of age as of April 9, 2026.
New Tax Rules Allow for Vehicle Loan Interest Deduction
For the first time since 1986, some Americans will be eligible to deduct loan interest on their 2025 tax return. If you and your vehicle meet specific eligibility requirements, a tax deduction of up to $10,000 annually will be allowed. The deduction is available for both itemizing and not-itemizing taxpayers. Requirements include, but are not limited to, the following:
- Your loan must have originated after December 31, 2024
- The vehicle must be brand new and for personal use. (Used vehicles do not qualify.)
- The vehicle must be a car, SUV, pickup truck, minivan, motorcycle or ATV with a gross vehicle weight of less than 14,000 pounds
- Final assembly of the vehicle must have taken place in the United States*
- The vehicle must be secured by a lien from a lender who has a legal interest in the vehicle until it is paid off
For more details on the law, please consult your tax professional and/or the IRS website, irs.gov
*To determine if final assembly was in the US, please reference the information label that was attached to the vehicle on the dealer’s lot OR visit the National Highway Traffic Safety Administration website to use their VIN decoder.
Newsletter Archives
The ATFCU newsletter is published four times a year and mailed with quarterly statements.
Members who receive eStatements are able to view the newsletters here.
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January 2026
1st Quarter 2026 – Retirement Simplified program introduction, 2026 ATFCU Scholarship applications available, lower rates on RV loans
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October 2025
4th Quarter 2025 – Mortgage rates are beginning to fall – read about updated homebuying procedures; The anatomy of a text scam; ATFCU 2025 Scholarship recipients.
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July 2025
3rd Quarter 2025 – Identify and shut down text scams, Benefits and safety of e-Statements, ATFCU provides financial education within our communities.