Trust for Credit Unions exceeds $1.5 billion in assets as many seek alternative investments

WASHINGTON, DC (May 11, 2020) — The Trust for Credit Unions (TCU), the largest family of institutional mutual funds created specifically for credit unions’ unique investment needs, has experienced strong growth as many credit unions re-evaluate investment options and seek more competitive alternatives to potentially mitigate earnings pressure.

Total assets under management in the TCU Portfolios exceeds $1.5 billion today, which represents a growth rate of 54.6% since December 31, 2019. Callahan Financial Services, Inc, a subsidiary of Callahan & Associates, acts as the funds’ distributor and has been working closely with interested credit unions to provide detailed information on both the TCU Ultra-Short Duration Portfolio, which targets a duration of three months, and the TCU Short-Duration Portfolio, which targets a two-year duration. ALM First Financial Advisors serves as the funds’ investment advisor, providing ongoing economic updates and timely educational resources to benefit both current and potential investors.

“In an economic environment where every basis point matters, it’s even more critical for credit unions to have access to actively managed investment options like TCU,” said Jay Johnson, President of TCU. “With TCU’s history of performance spanning more than 30 years, we’re confident that we can continue to deliver value to our growing investor base.”

TCU 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 leading credit unions with oversight by a board of trustees, TCU’s mutual fund options are professionally managed and are based on the cooperative values of credit unions.

In addition to the mutual fund products TCU offers, credit union professionals can also take advantage of a wide range of educational investment information and resources, including daily and monthly market commentaries. For more information, visit or contact TCU at 800-237-5678.

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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