Citizens South Banking Corporation (CSBC) DRIP.
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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
100 Shares |
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Purchases |
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Minimum
purchase |
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N/A |
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Maximum
purchase |
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N/A |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Investment Fee |
N/A |
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Optional
Cash Purchase |
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N/A |
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Reinvestment
Fee |
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None |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Citizens South Banking Corporation DRIP Details:
Citizens South Banking Corporation is a bank holding company that operates Citizens South Bank in North Carolina and South Carolina. The Citizens South Banking Corp Dividend Reinvestment Plan offers a poor holding vehicle for your Citizens South Bank investment as it requires 100 shares to enroll. For investors who don't already own Citizens South Bank shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CSBC investment.
Pros:
No account setup fees
No dividend reinvestment fees
Cons:
Requires 100 shares to enroll
Does not allow additional investments through plan