The Storied History of March Madness

The NCAA created the Men’s Division I Basketball Tournament in 1939 to determine a national champion among major college basketball programs. The tournament includes the conference champions from all 32 Division 1 conferences, and 36 at large bids. The total field of 68 is then split into four separate regionally divided brackets, with each bracket…

Member FDIC: What Does it Mean?

You’ve probably heard the phrase “Member FDIC” and it sounds like a good thing, but what exactly does it mean? In short, a member of the FDIC is a banking institution that pays a premium for all the money deposited by its customers to a federal agency that insures the money is there to stay,…