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What does being a Member-Owner mean?

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When I was young, my Dad would talk about the local phone company being a co-op and that meant a lot to him, but I didn’t really understand it.  As I got older, I learned about non-profit and for profit businesses, which helped me understand a little more why my daddy appreciated the co-op so much more. 

SEP IRA

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I recently wrote two blogs on the topic of IRAs, and highlighted the two most popular types:  Traditional & Roth.  But did you know there are other types of IRAs? 

What’s going on with these mega bonuses?

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CEO’s are getting paid mega bucks these days at many of the large regional and national banks.  I’m sure they have a difficult job that is demanding and filled with pressure.  That being said, how much money does a bank have to make to award their upper end employees six and sometimes seven figures compensation increases in the past year?