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Firstbank Corporation (FBMI) 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

 

$100

Maximum purchase

 

$2,500

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

None

Optional Cash Purchase

 

None

Reinvestment Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.firstbankmi.com

Additional Plan Information

Agent Site



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

Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Up to 5% discount on dividend reinvestments

Cons:
Requires 1 share to enroll
Above average stock sales fee