The Trust for Credit Unions Mutual Fund Family renewed itsannual contract with Goldman Sachs Asset Management, CallahanFinancial Services announced April 13.

Goldman Sachs has served as the funds' only investment advisersince TCU's inception in 1987. There are 7,700 credit unionsmanaging $282 billion investments in three funds, with durationsfrom overnight to 1.8 years.

TCU Board Chairman Rudy Hanley, president & CEO of $8billion SchoolsFirst FCU, said continuing share inflows and limitedloan activity will increase demand for the investments.

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