WSFS Financial Corporation (WSFS) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$25.00 |
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Maximum purchase |
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$10,000.00 |
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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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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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2% up to $2.50 |
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$15.00 |
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Company Web
Site |
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Additional
Plan Information |
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WSFS Financial DRIP Details:
The WSFS Bank Direct Stock Investment Plan offers an average holding vehicle for your Wilmington Savings Fund Society investment with no account setup fees, but does charge optional stock investment fees and dividend reinvestment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your WSFS investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Cons:
Above average stock sale fee
Dividend reinvestment fees