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SIGNATURE BARBARA MISTARAS
TITLE ADMIN. ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REPORT DATED AUGUST 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> MONEY MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 383,455,111
<INVESTMENTS-AT-VALUE> 383,455,111
<RECEIVABLES> 780,393
<ASSETS-OTHER> 15,052
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 384,250,556
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,154,640
<TOTAL-LIABILITIES> 2,154,640
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 382,095,916
<SHARES-COMMON-STOCK> 382,095,916
<SHARES-COMMON-PRIOR> 217,037,147
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 382,095,916
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 15,279,710
<OTHER-INCOME> 0
<EXPENSES-NET> (530,988)
<NET-INVESTMENT-INCOME> 14,748,722
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 14,748,722
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14,700,440)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,043,450,086
<NUMBER-OF-SHARES-REDEEMED> (2,885,160,983)
<SHARES-REINVESTED> 6,769,666
<NET-CHANGE-IN-ASSETS> 165,107,051
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (48,282)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 520,007
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 882,915
<AVERAGE-NET-ASSETS> 265,832,795
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.055
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.055)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REPORT DATED AUGUST 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> GOVERNMENT SECURITIES PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 531,690,173
<INVESTMENTS-AT-VALUE> 525,523,866
<RECEIVABLES> 6,247,135
<ASSETS-OTHER> 184,403
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 531,955,404
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,296,485
<TOTAL-LIABILITIES> 2,296,485
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 550,963,036
<SHARES-COMMON-STOCK> 54,253,342
<SHARES-COMMON-PRIOR> 60,773,161
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (685,743)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (14,452,067)
<ACCUM-APPREC-OR-DEPREC> (6,166,307)
<NET-ASSETS> 529,658,919
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 32,321,799
<OTHER-INCOME> 0
<EXPENSES-NET> (1,855,174)
<NET-INVESTMENT-INCOME> 30,466,625
<REALIZED-GAINS-CURRENT> (4,600,744)
<APPREC-INCREASE-CURRENT> 4,293,439
<NET-CHANGE-FROM-OPS> 30,159,320
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (30,842,606)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (685,743)
<NUMBER-OF-SHARES-SOLD> 2,179,482
<NUMBER-OF-SHARES-REDEEMED> (9,662,680)
<SHARES-REINVESTED> 963,379
<NET-CHANGE-IN-ASSETS> (64,672,242)
<ACCUMULATED-NII-PRIOR> 375,981
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (9,851,323)
<GROSS-ADVISORY-FEES> 1,078,346
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,855,174
<AVERAGE-NET-ASSETS> 539,172,698
<PER-SHARE-NAV-BEGIN> 9.78
<PER-SHARE-NII> .552
<PER-SHARE-GAIN-APPREC> (.001)
<PER-SHARE-DIVIDEND> (.571)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.76
<EXPENSE-RATIO> 0.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REPORT DATED AUGUST 31, 1995 AND IS QUALFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> MORTGAGE SECURITIES PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 264,774,033
<INVESTMENTS-AT-VALUE> 266,027,558
<RECEIVABLES> 2,575,308
<ASSETS-OTHER> 65,235
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268,668,101
<PAYABLE-FOR-SECURITIES> 3,027,193
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,231,682
<TOTAL-LIABILITIES> 4,258,875
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 274,349,290
<SHARES-COMMON-STOCK> 27,160,182
<SHARES-COMMON-PRIOR> 29,508,060
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,397,205)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (9,796,384)
<ACCUM-APPREC-OR-DEPREC> 1,253,525
<NET-ASSETS> 264,409,226
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 17,513,762
<OTHER-INCOME> 0
<EXPENSES-NET> (695,014)
<NET-INVESTMENT-INCOME> 16,818,748
<REALIZED-GAINS-CURRENT> (3,551,399)
<APPREC-INCREASE-CURRENT> 7,151,412
<NET-CHANGE-FROM-OPS> 20,418,761
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,818,748)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (840,977)
<NUMBER-OF-SHARES-SOLD> 807,374
<NUMBER-OF-SHARES-REDEEMED> (3,664,116)
<SHARES-REINVESTED> 508,864
<NET-CHANGE-IN-ASSETS> (19,477,194)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (971,373)
<OVERDIST-NET-GAINS-PRIOR> (6,244,985)
<GROSS-ADVISORY-FEES> 529,099
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 835,926
<AVERAGE-NET-ASSETS> 264,549,580
<PER-SHARE-NAV-BEGIN> 9.62
<PER-SHARE-NII> 0.607
<PER-SHARE-GAIN-APPREC> 0.154
<PER-SHARE-DIVIDEND> (0.625)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (0.016)
<PER-SHARE-NAV-END> 9.74
<EXPENSE-RATIO> 0.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REPORT DATED AUGUST 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> TARGET MATURITY PORTFOLIO (1996)
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 128,350,681
<INVESTMENTS-AT-VALUE> 128,706,804
<RECEIVABLES> 1,251,665
<ASSETS-OTHER> 20,625
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 129,979,094
<PAYABLE-FOR-SECURITIES> 1,831,814
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 618,513
<TOTAL-LIABILITIES> 2,450,327
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 133,076,795
<SHARES-COMMON-STOCK> 13,300,010
<SHARES-COMMON-PRIOR> 13,350,010
<ACCUMULATED-NII-CURRENT> 1,163,149
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,067,300)
<ACCUM-APPREC-OR-DEPREC> 356,123
<NET-ASSETS> 127,528,767
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,600,800
<OTHER-INCOME> 0
<EXPENSES-NET> (492,570)
<NET-INVESTMENT-INCOME> 8,108,230
<REALIZED-GAINS-CURRENT> (2,597,069)
<APPREC-INCREASE-CURRENT> 2,383,940
<NET-CHANGE-FROM-OPS> 7,895,101
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,523,785)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (50,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (25,814)
<ACCUMULATED-NII-PRIOR> 565,617
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (4,470,231)
<GROSS-ADVISORY-FEES> 290,761
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 492,570
<AVERAGE-NET-ASSETS> 126,630,718
<PER-SHARE-NAV-BEGIN> 9.55
<PER-SHARE-NII> 0.609
<PER-SHARE-GAIN-APPREC> (0.009)
<PER-SHARE-DIVIDEND> (0.565)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.005
<PER-SHARE-NAV-END> 9.59
<EXPENSE-RATIO> 0.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REPORT DATED AUGUST 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 5
<NAME> TARGET MATURITY PORTFOLIO (FEB 97)
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 94,340,118
<INVESTMENTS-AT-VALUE> 94,744,574
<RECEIVABLES> 935,019
<ASSETS-OTHER> 63,828
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 95,743,421
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 522,111
<TOTAL-LIABILITIES> 522,111
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98,296,211
<SHARES-COMMON-STOCK> 9,809,980
<SHARES-COMMON-PRIOR> 10,109,980
<ACCUMULATED-NII-CURRENT> 1,015,621
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (4,494,978)
<ACCUM-APPREC-OR-DEPREC> 404,456
<NET-ASSETS> 95,221,310
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,971,041
<OTHER-INCOME> 0
<EXPENSES-NET> (389,051)
<NET-INVESTMENT-INCOME> 6,581,990
<REALIZED-GAINS-CURRENT> (1,844,120)
<APPREC-INCREASE-CURRENT> 1,992,445
<NET-CHANGE-FROM-OPS> 6,730,315
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6,068,263)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (300,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (2,158,971)
<ACCUMULATED-NII-PRIOR> 498,404
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2,650,858)
<GROSS-ADVISORY-FEES> 227,279
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 389,051
<AVERAGE-NET-ASSETS> 94,889,504
<PER-SHARE-NAV-BEGIN> 9.63
<PER-SHARE-NII> 0.667
<PER-SHARE-GAIN-APPREC> 0.026
<PER-SHARE-DIVIDEND> (0.613)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.71
<EXPENSE-RATIO> 0.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' ANNUAL REP0RT DATED AUGUST 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> TARGET MATURITY PORTFOLIO (MAY 97)
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 61,471,182
<INVESTMENTS-AT-VALUE> 62,126,077
<RECEIVABLES> 1,619,283
<ASSETS-OTHER> 138,877
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,884,237
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 425,256
<TOTAL-LIABILITIES> 425,256
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63,532,452
<SHARES-COMMON-STOCK> 6,350,000
<SHARES-COMMON-PRIOR> 6,950,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (60,034)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (668,332)
<ACCUM-APPREC-OR-DEPREC> 654,895
<NET-ASSETS> 63,458,981
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,814,248
<OTHER-INCOME> 0
<EXPENSES-NET> (299,950)
<NET-INVESTMENT-INCOME> 4,514,298
<REALIZED-GAINS-CURRENT> (339,194)
<APPREC-INCREASE-CURRENT> 801,748
<NET-CHANGE-FROM-OPS> 4,976,852
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,420,145)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (600,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (5,407,721)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (155,599)
<OVERDIST-NET-GAINS-PRIOR> (329,138)
<GROSS-ADVISORY-FEES> 166,798
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 299,950
<AVERAGE-NET-ASSETS> 66,719,163
<PER-SHARE-NAV-BEGIN> 9.91
<PER-SHARE-NII> 0.668
<PER-SHARE-GAIN-APPREC> .067
<PER-SHARE-DIVIDEND> (0.655)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> 0.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
