Just got an email that says my First Arkansas Bank & Trust (FAB&T) will change from a Kasasa Cash account to a Pure Checking account, whatever that is, on August 2:
To our valued Kasasa customers,
We know that you chose to allow First Arkansas Bank & Trust (FAB&T) to serve your financial needs because we pride ourselves on great customer service and innovative products and services that continue to deliver the latest in both features and benefits. With that in mind, we are pleased to announce that, effective August 2, 2012, your Kasasa Cash account will become a Pure Checking account.
What is Pure Checking? It is a new way for us to deliver the competitive interest rates and ATM refunds* to which you have become accustomed with your Kasasa Cash account, but it allows FAB&T the flexibility to offer even more benefits and services to you in the future!
What does this change require on your part? Nothing! The monthly requirements that you are currently performing will not change.