ENTERPRISE GROUP OF FUNDS INC
497, 1996-09-06
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                                   September 6, 1996


          THE ENTERPRISE GROUP OF FUNDS, INC.
        SUPPLEMENT PROSPECTUS DATED MAY 1, 1996
                           
                           
The following information supplements information on
the cover of the Prospectus.

FOR BANK CUSTOMERS ONLY:

Mutual fund shares are not deposits or obligations of,
or guaranteed by, any depository institution.  Shares
are not insured by the FDIC, Federal Reserve Board or
any other agency, and are subject to investment risks,
including possible loss of principal amount invested.




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