Investment balances fall as strong loan demand continues, according to Q3 report

WASHINGTON, DC (November 29, 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 third quarter 2018 data for all U.S. credit unions.

In total, cash and investment balances fell $18.4 billion in the third quarter to $351.3 billion, largely a result of declining Fed balances and cash at corporate credit unions. The former dropped 10.2% quarterly, from $67.7 billion to $60.8 billion, and decreased its share of the portfolio by one percentage point. The latter declined 14.2% quarterly, from $20.0 billion to $17.2 billion, with its share of the portfolio contracting 53 basis points.

Total investments for the industry were down 5.0% from the second quarter, and down 5.4% from September 2017. The dip in total investments for the quarter followed historical trends of growth in the first three months of the year followed by declines in subsequent periods. With continued strong loan demand, credit unions are drawing down investment balances to meet the need, increasing liquidity pressures.

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 |

More News