[robertpaulsen]

"Sounds like a money market account?"

I think you're the closest on this one.

Some banks pay a higher interest on savings, but limit the number of withdrawals. Other savings accounts at the same bank have unlimited withdrawals, but at a lower interest rate. It is just to prevent people from using their savings account as an interest bearing checking account.

Sounds to me as though the poster wants the best of both worlds.

[tomakaze]

re:Sounds to me as though the poster wants the best of both worlds.
 
Nothing so sinister, It's a simple checking/savings account.
I went with a credit union a few years ago specificly to avoid alot of the fed reporting crap/regulation the banks do. (fed disclosure on withdrawls over 2500, etc - or so I thought at the time.)
that and it's a local almost mom & pop credit union and I know most of the folks there on a first name basis.