News & Announcements

15th annual Charity golf Tournament

Our 15th Annual Charity Golf Tournament will be held on Monday, May 13th at the Territory Golf and Country Club in Duncan, Ok. For more information and to register, contact Jetty Gordon at jgordon@endurancefcu.org or by calling 580-255-3550 ext. 421.

Teacher Grant Program

We appreciate our teachers and are happy to provide our Teacher Grant Program. We will award 1 teacher a $1000 teacher grant to be used during the 2024-2025 school year. For more information and to apply, click here.

New Look for Statements

Starting December 1, 2023, your statements will look a little different. Rest assured, you will still receive your statements in the same timely manner you always have. If you need statements further back than the last 2 years, please login to online banking and click “download now,” or contact a member service representative at one of our locations.

Hidden Savings: Commonly Overlooked Tax Deductions

By GreenPath Financial Wellness

Tax filing deadlines are approaching…have you filed yet? To lessen the anxiety of the season, take this opportunity to explore overlooked deductions that can help lower your tax bill. While most people are aware of popular deductions like mortgage interest and charitable contributions, there are several lesser-known categories that can help you save. (Ready to check taxes off your list? File Free HERE.)

Child and Dependent Care

Did you pay for childcare while working or job hunting? If so, you likely meet the criteria. Typically, your child must be 12 or younger and considered your dependent. This credit also applies if you're paying someone to care for a spouse or dependent (irrespective of their age) if they are incapable of self-care. In most instances, you'll need to acquire the care provider's social security number or taxpayer identification number and include it on your return.

State Sales Tax

If you live in a state without income tax, or if you've made significant purchases like a vehicle or boat, you may be able to deduct state sales tax on your federal return. This can be especially advantageous for residents of states like Texas or Florida, where there is no state income tax, but substantial sales tax may be incurred on large purchases.

Job Searching

Hunting for a new job? Related expenses may be tax-deductible. Costs such as resume preparation, travel expenses for job interviews, and even fees paid to employment agencies can be claimed as deductions. While there are limitations and criteria to meet, exploring this deduction can ease the financial burden that accompanies unemployment.

Medical Expenses & Health Savings Accounts (HSAs)

Besides the obvious healthcare costs, travel expenses to and from appointments, medically justified home improvements and even some alternative treatments may be deductible. Contributions made to your HSA are also eligible for tax deductions. Not only do the funds in your account grow tax-free when used for qualified health care expenses, but your contributions can also help lower your overall tax liability.

Student Loan Interest Paid by Others

There are instances where parents or others contribute to the repayment of a student loan. In these cases, if the individual is not claimed as a dependent on someone else's tax return—and is legally obligated to repay the loan—they can still benefit from the tax deduction for the interest paid by others. This gives a valuable opportunity to families or benefactors assisting with educational expenses to alleviate the burden of student loan interest.

Home Office

The IRS allows taxpayers to claim a portion of their home-related expenses, such as mortgage interest, property taxes, utilities, and even a percentage of rent. The deduction is calculated based on the percentage of the home used for business, offering a practical way for self-employed individuals and remote workers to recoup some of the expenses incurred while conducting business from the comfort of their homes.

Educational Expenses

Whether you're enhancing your skills for your current job or investing in a new career path, some educational deductions can maximize your tax savings and help ease the financial strain. The Lifetime Learning Credit and the American Opportunity Credit are two valuable options. These credits cover qualified education expenses, including tuition, fees, and course materials.

Energy-Efficient Home Improvements

If you've invested in energy-efficient upgrades for your home, such as solar panels, energy-efficient windows, or a new HVAC system, you may be eligible for tax credits. The Residential Renewable Energy Tax Credit and the Non-Business Energy Property Tax Credit can provide substantial savings. Not only do these improvements help the planet, but they can also boost your tax refund.

Note that GreenPath Financial Wellness does not provide legal or tax advice, this information is intended for general guidelines only. Connect with your financial institution to see what tax resources they have available and check out these tips on how to allocate wisely if you’re receiving a tax refund this year:

Make the Most of Your Money

5 Wise Ways to Spend Your Tax Refund

This article is shared by our partners at GreenPath Financial Wellness, a trusted national non-profit.

Our System Upgrade is Complete!

Our new Online banking, Mobile banking and Bill Pay is up and running!

Everyone will need to re-enroll in online banking, which can be done on our new app or on the desktop. You will select a new user name and password. The username will need to begin with a letter. You can download our new app from the app store by searching “Endurance Federal”. Our new app will be our E icon with a blue background.

Our Field of Membership has expanded!

Our application to the NCUA to amend our charter in order to increase our field of membership was approved on May 18, 2020! Now in addition to our Select Employee Groups, people can join Endurance Federal Credit Union if they live, work, worship, attend school or own a business in the following counties/towns.

Counties in Oklahoma:
Beckham, Cotton, Harmon, Jackson, Jefferson, Kiowa, Roger Mills, Stephens, and Tillman

Additional Oklahoma Towns:
Cache, Clinton, Hydro, Indiahoma, Rush Springs, and Weatherford

Counties in Texas:
Armstrong, Baylor, Borden, Briscoe, Childress, Cochran, Collingsworth, Cottle, Crosby, Dawson, Dickens, Fischer, Floyd, Foard, Garza, Hall, Hardeman, Kent, King, Knox, Lamb, Lynn, Motley, Stonewall, Swisher, Terry, Throckmorton, and Wilbarger

Additional Texas Towns:
Amarillo, Denver City, Dimmitt, Friona, Haskell, Lubbock, Snyder, Samford