A bank of first deposit (BOFD) is the initial bank where a check is deposited into an account. Checks deposited at a BOFD from the same bank as the issuer are processed as "on-us" items, enabling ...

At this point you must decide which and how many segments to target. To begin, consider various possible “coverage patterns.” These patterns are simply the ways a firm might choose and ultimately ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...