About TCU

Since 1987 the Trust for Credit Unions has been helping its credit union shareholders invest excess member deposits. Over the past 21 years TCU has been focused on adding maximum shareholder value through collaboration.

A Powerful Partnership Working to Meet Your Needs

The collaboration includes Goldman Sachs Asset Management serving as investment adviser, Callahan Financial Services to serve as distributor and CUFSLP (a CUSO owned by 40 of the nation's largest and most innovative credit unions) serving as the Fund administrator.

Callahan Credit Union Financial Services Limited Liability Limited Partnership (CUFSLP), recognized that credit unions could enhance their competitive position by developing alternatives for the financial services they used and founded TCU in 1988.

In the cooperative tradition of credit unions, these leaders have acted together with Goldman Sachs to provide investment opportunities solely for the credit union community through the Trust for Credit Unions.

The TCU Fund offers many advantages when compared to direct investments in the underlying securities. These benefits include:
  • Professional investment management by Goldman Sachs Asset Management
  • Quality and diversification
  • No transaction fees or set-up fees
  • Same-day or next-day liquidity
  • No withdrawal limits or minimum balances

The TCU Fund is:

  • Not a deposit
  • Not NCUA insured
  • Not FDIC Insured
  • Not insured by any government agency
  • May lose value


Trustees
Rudolf J. Hanley, Chairman
Stanley Hollen, Vice-Chairman
Gary Oakland
James C. Barr
Robert M. Coen
Eugene A. O’Rourke
Joe Peek
Wendell A. Sebastian

Officers
Charles W.Filson, President
Jonathan K. Jeffreys, Vice President
Jay E. Johnson, Treasurer
Mary Jo Reilly, Secretary
Salvatore Faia, JD, CPA, Chief Compliance Officer

Administrator
Callahan Credit Union Financial Services
Limited Liability Limited Partnership

Investment Adviser
Goldman Sachs Asset Management, L.P.,
an affiliate of Goldman, Sachs & Co.

Administrative & Fund Accounting Agent/Transfer Agent
PNC Global Investment Services, Inc.

Distributor
Callahan Financial Services, Inc.

Independent Auditor
Ernst & Young LLP