Farmers and Merchants Bank's Regular Savings Account is a convenient savings account that earns steady compounded interest. This account begins earning interest from day one. A $100 deposit is require to open the account. The account earns a competitive interest rate, interest accrues daily and are paid to the account quarterly. ATM access is provided through the customers linked FandM checking account. Savings accounts are limited to six pre-arranged withdrawals per statement cycle. A separate application and agreement are required for Online Banking and Bill Pay privileges. Transactions initiated between the hours of 3:00 PM and 12:00 AM PST, on weekends or on holidays will be processed the next business day. Other transaction limitations or account fees may apply.