Milestones

How the Funds Began

February 1987
Callahan and Associate executives met with credit union leaders during the Governmental Affairs Conference (GAC). Within the organizations, money was raised to explore mutual fund options specifically for credit unions. Goldman Sachs was selected to be Investment Advisor for the mutual funds.

September 1987
The Trust for Credit Unions Money Market Portfolio Prospectus was filed with the United States Security and Exchange Commission.

May 1988
The TCU MMP Fund was launched.

June 1991
Government Securities Portfolio (now Ultra Short Duration) was launched.

October 1992
TCU Mortgage Securities Portfolio (now Short Duration) was launched.

January 1993
The Fund total balance reached $1 billion.

July 1993 - May 1994
Target Maturity Funds were launched.

October 1993
The Fund total balance reached $2 billion.

December 2000
The Fund total balance reached $3 billion.

January 2004
The Fund total balance reached $4 billion.

January 2008
Trust for Credit Unions Fund was converted to an Open Architecture business model.