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Four Oaks Fincorp Inc (FOFB) 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

 

$20

Maximum purchase

 

$2,500

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

None

Optional Cash Purchase

 

None

Reinvestment Fee

 

None

Sale Fee

 

 

N/A

 

 

 

 

Company Web Site

 

http://www.fouroaksbank.com

Additional Plan Information

Agent Site



Four Oaks Fincorp Inc DRIP Details:
Four Oaks Fincorp Inc is a bank holding company that operates Four Oaks Bank & Trust Company in North Carolina. The Four Oaks Fincorp Dividend Reinvestment Plan offers a poor holding vehicle for your Four Oaks Bank investment as it requires at least 1 share to enroll. For investors who don't already own Four Oaks Fincorp shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FOFN investment.

Pros:
No account setup fees
No dividend reinvestment fees
No investment fees

Cons:
Requires 1 share to enroll
Does not allow stock sales within plan. To sell your stock, you will be issued a stock certificate and will need to transfer to a broker to sell.