My bank insists on calling its high yield savings account a checking account. In the past banks tended to value savings accounts because the Fed requires less r

My bank insists on calling its high yield savings account a checking account. In the past banks tended to value savings accounts because the Fed requires less reserve on these. Nowadays reserves are more than abundant. Investors tend to value checking account deposits more because they think transaction accounts are more stable over time. So it is a naming game.