First Place Financial Corporation (FPFC) 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 |
50 Shares |
||
|
|
|
|
Purchases |
|
|
|
Minimum
purchase |
|
$100 |
|
Maximum
purchase |
|
$2,500 |
|
|
|
|
|
Fees |
|
|
|
Account
Setup Fee |
|
None |
|
Automatic
Investment Fee |
None |
||
Optional
Cash Purchase |
|
None |
|
Reinvestment
Fee |
|
None |
|
|
|
|
$20.00 |
|
|
|
|
Company
Web Site |
|
||
Additional
Plan Information |
First Place Financial Corp DRIP Details:
First Place Financial Corporation is a bank holding company that operates First Place Bank in Ohio, Maryland, Michigan, and Indiana. The First Place Financial Dividend Reinvestment Plan offers a poor holding vehicle for your First Place Bank investment as it requires at least 50 shares to enroll. For investors who don't already own First Place Financial shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FPFC investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 50 shares to enroll
Above average stock sales fee