Amended and Restated Schedule A to the Transfer Agency Agreement by and between Lotsoff Capital Management Investment Trust (f/k/a Lotsoff Capital Management Equity Trust) and UMB Fund Services, Inc.

Exhibit (h)(2)

Intending to be legally bound, the undersigned hereby amend and restate this Schedule A to the Transfer Agency Agreement, dated October 24, 2003, by and between Lotsoff Capital Management Investment Trust and UMB Fund Services, Inc. as follows:

NAME OF FUNDS

Lotsoff Capital Management Micro Cap Fund
Lotsoff Capital Management Active Income Fund

Dated as of September 15, 2005

By: /s/ Xxxxxxxx X. Xxxx

Name: Xxxxxxxx X. Xxxx

Title: Treasurer and Secretary

By: /s/ Xxxxxxxxx Xxx Xxxxxxx

Name: Xxxxxxxxx Xxx Xxxxxxx

Title: Senior Vice President and General Counsel