TLDR Summary - Issue appears resolved. Issue was between radio and operator seat! I'll leave the OP for others who may be interested. (Original OP) - Radio displaying frequencies which are different when downloaded. Radio is a Radioddity GM-30 (base model). Public Safety / Medical stuff.
Longer version - Sitting at my desk monitoring a scan running on the standard (30) channel FRS+GMRS channels when all of a sudden I hear what sounds like a medivac unit communicating with a hospital. I reached over and shut off the scan so it would pause the frequency. The radio was in channel mode when scanning, so I flipped over to VFO mode to see what the freq. was. Displayed frequency was/is 462.95250 MHz. Hmmm...that's strange. So I flipped back over to channel mode and it's displaying "Ch.-14". Typically, channel 14 is 467.7125. Decided to do a little more investigation, so I fired up the Radioddity software for the GM-30 and downloaded the contents. I had added 146.5200 (the national 2m Ham calling freq) up on channel 40 because it's good for general situational awareness, and I usually include that in my scans.
When I 'Read from' (i.e. downloaded) the radio it downloaded the channel line up and channel 40 showed up correctly as 146.5200, so I know it really did download the actual radio contents. BUT, when I look up channel 14 there, sure enough, it shows up as 467.1250 exactly as I would expect. Now, if I turn the radio on and switch to channel 14, then switch to VFO mode, the frequency shows as 462.9520. WTH?
Just out of curiosity I started listening to 462.9520 and there's all sorts of medical traffic on there, a lot of it critical care patients, some of which is even 'Delta' and 'Echo' level priorities (the highest of the high when it comes to medical/rescue codes! Life threatening stuff.). As a former EMT myself, I understand a lot of what they're talking about and it's serious stuff, like really, really, serious. FTR, 462.9520 MHz is also known as "Med-9" in most regions.
One last thing. Life Flight which has a flight corridor right over our house (and we're way out in the boonies) would be communicating on the air bands I would think, but some of this traffic is definitely airborne because I can hear the turbines and rotors. So, I can't figure out what's going on. (Emergency services using 'Med-9' in the GMRS band so they're not down in the 120 MHz air bands with non-aviation traffic maybe?). But I guess my big question is...why does my radio show and receive one thing, but download something completely different??
Sorry for the long post, but there's a lot of detail to cover.