June 1, 1995
                               
       SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 14, 1995
                               
                               
                               
                               
Effective June 1, 1995, 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 26 of the prospectus.

     On the effective date of this supplement, the CIR is
     7.75% on Five-Year, 8.25% on the Ten-Year Subordinated
     Capital Investment Certificates;  7.75% on Five-Year,
     and 8.25% on Ten-Year Subordinated Monthly Income
     Capital Investment Certificates; and 5.50% on Demand
     Loan Certificates.