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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

Sale Fee

 

 

$20.00

 

 

 

 

Company Web Site

 

https://www.firstplacebank.com

Additional Plan Information

Agent Site



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