First Mid-Illinois Bancshares, Inc (FMBH) 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 |
1 Share |
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Purchases |
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Minimum
purchase |
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$0 |
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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 |
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None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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Sale Fee |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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First Mid-Illinois Bancshares, Inc DRIP Details: First Mid-Illinois Bancshares is a holding company that operates First Mid-Illinois Bank & Trust, N.A.; Mid-Illinois Data Services, Inc.; and First Mid Insurance Group in Illinois. The First Mid-Illinois Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your First Mid-Illinois investment unless you already own shares. For investors without an existing investment in First Mid-Illinois bank, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your FMBH investment.
Pros:
No dividend reinvestment fees
No investment fee
Cons:
Requires 1 share to enroll