The creator of the high-yield reward checking account had an interesting acquisition last week. According to the Austin Business Journal
[BancVue] announced the credit acquisition Thursday, buying up Silverton Bank accounts from the FDIC, representing about 700 banks and 113,000 cards.
Also, those following reward checking will probably recognize FAB&T. That bank is partnering with BancVue in this business:
the company partnered with First Arkansas Bank & Trust of Jacksonville, Ark. to serve as a sponsor bank for institutions wanting to offer branded cards without building their own portfolio.