Farmers and Merchants Bank's Interest Checking Account earns customers a competitive interest rate from the day they make a deposit. Features include a minimum to open at $100, competitive interest rates paid monthly, the choice of an ATM Card or MasterMoney Debit Card and overdraft protection from customers savings account or credit card. Customers are provided with an online personal account management tool with online banking. Bills can be paid electronically using online banking bill pay service and the product is FDIC insured.