May 1, 1994
SUPPLEMENT TO PROSPECTUS DATED DECEMBER 29, 1993 Which
Prospectus Has Been Previously Amended By Supplements
Dated January 1, 1994 and February 21, 1994
Effective May 1, 1994, the following sentence is hereby
substituted for the first sentence of the second
paragraph of the section entitled "DETERMINATION OF THE
CERTIFICATE INTEREST RATE" located on page 12 of the
prospectus.
On the effective date of this supplement the
CIR is 7.75% on Five-Year, 8.25% on the Ten-
Year and 8.50% on the Twenty-Year
Subordinated Capital Investment Certificates;
7.75% on Five-Year, and 8.25% on Ten-Year
Subordinated Monthly Income Capital
Investment Certificates; and 4.25% on Demand
Loan Certificates.
