All 1098 and 1099 tax forms are mailed directly to members on or before January 26 each year. Note, they are mailed to the address we have on file.

Members will receive a 1099-INT form ONLY if they earned at least $10.00 in dividends during the 2025 tax year.

• Individual members (accounts not set up as an organization) receive one combined 1099-INT that includes dividends earned across all eligible accounts.

• Organizational accounts receive separate 1099-INT forms for each individual account that earned dividends.

Members will receive a 1098 only if they paid at least $600.00 in mortgage interest during the 2025 tax year.

• This includes Mortgage Loans and Home Equity Loans

• One 1098 is issued per individual loan

The Year-to-Date (YTD) totals shown on December statements include only accounts or loans that were active or closed/paid in full during December.

If:

• An account earned dividends earlier in the year but was closed before December, or

• A mortgage or home equity loan was paid off between January and November,

That activity will not appear in the December YTD totals, but will still be included on your 1098 or 1099-INT.