The Elmira Savings Bank, FSB (ESBK) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$25 |
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Maximum
purchase |
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$2,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
investment Fee |
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None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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None |
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Company
Web Site |
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Additional
Plan Information |
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The Elmira Savings Bank, FSB DRIP Details: The Elmira Savings Bank, FSB is a community bank based in New York. The Elmira Bank Dividend Reinvestment Plan is a poor holding vehicle for your Elmira investment unless you already own shares. For nearly all investors who don't already own shares a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ESBK investment.
Pros:
No investment fees
No dividend reinvestment fees
No account setup fee
No sales fee
Cons:
Requires 1 share to enroll