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JACKSONVILLE, Fla. - The $115 million Government Employees CU of Florida, applied with the Florida Division of Banking to expand its field-of-membership to include Hillsborough County. GECU's FOM already includes Duval, Leon and Orange Counties. The CU's main office is in Duval County. GECU also already has a branch in...

NEW YORK - In advertising and public relations, it's called the FUD motivator - fear, uncertainty and doubt. Shortly before the events of September 11, Peter Francese, founder of American Demographics magazine, wrote an article predicting a coming boom in second-home ownership. That surge, he indicated, will be driven by...

Clearly one of the most dynamic components of the credit union industry is the corporate credit union network. Turn to pages 16-21 for all of the latest developments.

GTE FCU President Bucky Sebastian has a lot to say about the controversial Overhead Transfer Rate. Read about it on page 14.

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* An investment product for corporate CUs; * Created last October; * 11 corporates have invested $190 million; * Eight of the corporates over $1 billion, one as small as $300 million; * Managed by MEMBERS Capital Advisors, subsidiary of CUNA Mutual; * Most offerings double AA rated backed by...