News & Tips



It’s a New Day! 

If debt has been holding you back, there's no better time to start fresh! Kick off the new year with our Zia Visa® Balance Transfer.

For a limited time, you'll get an intro rate of 1.99% APR* when you transfer your balances to a Zia Visa® Credit Card! Take the first step and apply today. 

*APR = Annual Percentage Rate. Offer valid for Zia Visa® Signature and Visa® Low Rate Credit Cards. After the 12-month introductory period ends, your APR will be 8.99% or 10.99%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Special introductory APR offer available through March 15, 2018. Not applicable to current credit card members. Subject to final credit approval. See credit union for details.


Read all about it!  Our quarterly newsletters have great tips, recent happenings, upcoming promotions and community events.

IRS Form 1098 Corrections

There were changes in IRS reporting requirements for 2016, one of which was to include the year-end Outstanding Mortgage Principal in Box 2 of 1098 Mortgage Interest Forms. There may have been some  1098 forms produced that do not include a value in Box 2 for the Outstanding Mortgage Principal.  Corrected 1098 forms were scheduled to be mailed February 9, 2017.

The information required in reporting will provide the IRS with additional information about the loan, however in most cases it is not necessarily needed in individual or joint filing of state and federal returns. Please review your filing situation to determine if you need this information in reporting.

Names and Numbers Directory

Thanks to those of you that noticed something strange in the new 2016 Names and Numbers Phone Book, and contacted us regarding the three incorrect telephone numbers listed for Zia Credit Union. We have reached out to Names and Numbers regarding this, and have requested a correction for next year's phone book.

Zia Adopts Ranchitos Park in Española!

Have you heard the news? We've 'adopted' Ranchitos Park in Española! You'll see us cleaning the park four times a year in an effort to assist the city with maintaining the park grounds and park equipment. There are also plans being discussed for needed improvements to the park.  We hope that our involvement makes a positive impact on the community and the families who use Ranchitos Park! 

Read the Valley Daily

Have YOU checked out the latest local news on  The Valley Daily Post is a virtual newspaper serving Rio Arriba County and the greater Española Valley.  The Valley Daily Post delivers stories from both professional journalists and community volunteers.  To keep the news flowing, community members are encouraged to submit press releases and local stories of interest.  When national or global big news breaks, the Valley Daily Post will report on them, but they promise their primary focus will be on northern New Mexico! Get connected to the Valley Daily Post at:

Notification of 2015 IRA Rollover Rule Change

The Internal Revenue Service (IRS) has announced that it has changed its position on IRA Rollovers. Beginning January 1, 2015, an IRA owner may make only one rollover from an IRA to another (or the same) IRA in any 12-month period. The limit will apply by aggregating individual's IRAs including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating them as one IRA for purposes of this limit.

The following IRA transfers and Rollovers are not limited:

  • Trustee-to-trustee transfers between IRAs
  • Rollovers from traditional to Roth IRAs ("conversions")

Regardless of how many IRAs an individual owns, IRA owners should be prepared and may need to consult with their tax adviser should they consider an IRA-to-IRA rollover in 2015. To learn more about the 2015 "IRA One-Rollover-per-year Rule" change visit the IRS publication at

If you should have any questions regarding this notice, please contact Member Service at 505-662-4671 or toll free 800-392-7629, or you may email us at