<prompt> Human: Im finally starting to approach the 6 months expenses mark for my emergency fund and Im trying to find where the best place to keep my money is. Before anyone says anything, I realize emergency funds arent for investing and that youre just supposed to have quick access for, you know, emergencies.After some searching I found one bank and one credit union that offer 4 returns on checking accounts. One is Consumers Credit Union and the other is Coppermark Bank As always, there is a catch. CCU requires 12 signature based transactions and CMB requires 16 transactions of any kind, and both of them need direct deposit set up. I am not a big spender so this would essentially require it to become my default checking account.I know that some people like having their money separated into checkingsavingsemergency, but Im not sure I fully understand why. One reason I can think of is as a mental distinction so that you dont spend your emergency money. This doesnt really apply to me though because I have good self control financially and am capable of only spending my monthly budget without dipping into my emergency money. Another reason I can think of is so that if your account information is stolen you dont have to worry about your emergency money being siphoned, but before I moved my money into the checking account I would ask about their policies on stolen information to make sure Im fully reimbursed if someone gets a hold of my numbers. Are there other reasons I havent thought of for why I shouldnt keep my emergency fund in my general checking account?Also, I am suspicious of 4 rates on a checking account in a time when savings accounts dont go above 1. Luckily, I work in a bank so Im having a friend check out their financial situations. I know my money would be FDIC insured, but I still dont like the idea of putting my money in a bank thats on its way to being bought out.One last thing I just thought of, I live only a couple miles from a Coppermark bank, so quick access in case of emergency shouldnt be a problem.So rpf, is there a reason Im missing as to why I shouldnt move my money into one of these accounts?  <response>: Its important to note that, at least with CCU, the 4 rate only applies on the first 10,000 in your account, and its only guaranteed through June of this year. 