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 |
|
|
|
|
|
Varies |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
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