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First National Corporation (FXNC) DRIP

DRIP Plan Highlights

Enrollment

 

 

Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.

Minimum shares required to enroll

1 Share

 

 

 

 

Purchases

 

 

Minimum purchase

 

N/A

Maximum purchase

 

N/A

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

N/A

Optional Cash Purchase

 

N/A

Reinvestment Fee

 

None

Sale Fee

 

 

Varies

 

 

 

 

Company Web Site

 

http://www.firstbank-va.com

Additional Plan Information

Agent Site



First National Corporation DRIP Details:
First National Corporation is a bank holding company that operates First Bank in Virginia. The First National Corporation Dividend Reinvestment Plan offers a poor holding vehicle for your First Bank investment as it requires at least 1 share to enroll. For investors who don't already own First National Corporation shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FXNC investment.

Pros:
No account setup fees
No dividend reinvestment fees

Cons:
Requires 1 share to enroll
Does not allow for additional investments in plan beyond dividend reinvestments