Industry average investment yield at highest level since 2010

WASHINGTON, DC (August 30, 2018) — The latest quarterly investment trends review released by Trust for Credit Unions (TCU), the oldest and largest mutual fund family created for and by credit unions, includes second quarter 2018 data for all U.S. credit unions.

The average yield on investments rose 13 basis points from the previous quarter, reaching 1.92% at the end of June, the highest level since December 2010 when the investment yield was 1.96%. Credit unions benefited from the Fed increasing rates three times in 2017 and twice more in 2018, with at least two rate hikes projected (and priced into the market) for the remainder of the year. Total credit union investment income expanded 3.3% quarterly and 21.4% annually, driving yield on investments higher through the first half of 2018.

In total, credit unions held $358.3 billion in investments as of June 30, 2018, down by 5.6% from the first quarter. The dip in total investments for the quarter followed past cyclical trends of growth in the first three months of the year, followed by a slight decline in the following three quarters combined with growing liquidity pressure due to sustained loan demand.

The quarterly investment review is a complimentary resource available to interested credit unions courtesy of TCU. The report includes the latest credit union data including investment composition and maturity breakdowns along with high-level analysis of investment trends for the entire industry. Interested credit unions can download their free copy of the Investment Trends Review by visiting or by contacting us at

Trust for Credit Unions helps credit unions succeed by providing a professionally managed family of mutual funds — exclusive to credit unions — as well as the information and analysis they need to support investment decisions. Created by some of the leading credit unions with oversight by a board of trustees, TCU’s mutual fund options keep credit unions always invested, are professionally managed, and are based on the cooperative values of credit unions.

More information about TCU’s portfolios can also be found at


About Trust for Credit Unions (TCU)

The Trust for Credit Unions (TCU) is a family of institutional mutual funds offered exclusively to credit unions. Callahan Financial Services is a wholly owned subsidiary of Callahan & Associates and is the distributor of the TCU mutual funds. ALM First Financial Advisors, LLC is the investment adviser of the TCU mutual funds. To obtain a prospectus that contains detailed fund information including investment policies, risk considerations, charges and expenses, call Callahan Financial Services, Inc. at 800-CFS-5678. Please read the prospectus carefully. For questions, please call the TCU Group at 1-800-237-5678.


Media Contact:
Sharon Simpson
(202) 223-3920 |

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