First Commonwealth Financial Corporation (FCF) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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$7.50 |
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Automatic
Investment Fee |
None |
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Optional
Cash Investment |
None |
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Reinvestment
Fee |
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None |
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Sale Fee |
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$10.00 |
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Company
Web Site |
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Additional
Plan Information |
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First Commonwealth Financial DRIP Details: First Commonwealth Financial is a bank holding company that operates First Commonwealth Bank. The First Commonwealth Financial Direct Stock Investment Plan offers a pretty decent holding vehicle for your First Commonwealth investment with no investment fees, no dividend reinvestment fees, but does have an account setup fee. For many investors, the First Commonwealth DRIP could be your lowest cost holding vehicle for your FCF investment.
Pros:
No dividend reinvestment fees
No investment fee
Cons:
Account setup fee