December 6, 1995

     SUPPLEMENT TO PROSPECTUS DATED OCTOBER 13, 1995

Effective December 6, 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 25 of the 
prospectus:

     On the effective date of this supplement, the CIR is 7.00% on 
     Five-Year and 7.75% on the Ten-Year Subordinated Capital Investment 
     Certificates; 7.00% on Five-Year, and 7.75% on Ten-Year Subordinated
     Monthly Income Capital Investment Certificates; and 6.00% on Demand 
     Loan Certificates.