Entering its 23rd consecutive year together, the Trust forCredit Unions mutual fund family recently renewed its long-timepartnership with Goldman Sachs Asset Management.
Callahan Financial Services, a wholly-owned subsidiary ofCallahan and Associates, is the distributor of the TCU mutualfunds, a group of institutional mutual funds offered exclusively tocredit unions. In 1987, TCU's founding year, there were more than16,300 credit unions managing $71.2 billion in investments,according to Callahan Financial Services. Today there are 7,700credit unions managing $282 billion investments.
The TCU and Goldman Sachs alliance was renewed at the mutualfund group's annual conference in New York. Goldman Sachs hasserved as the funds' only investment advisor since itsinception.
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