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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$150 |
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Purchases |
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Minimum |
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$25.00 |
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Maximum purchase |
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$100,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
None |
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Optional |
None |
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Reinvestment |
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None |
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$10.00 |
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Company |
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Additional |
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Idaho Independent Bank DRIP Details:
Idaho Independent Bank is a full service bank with locations across the State of Idaho. The Idaho Independent Bank Direct Stock Investment offers a somewhat attractive holding vehicle for your Idaho Independent Bank investment despite its $10 account setup fee as it has no additional investment fees or dividend reinvestment fees. For most DRIP investors the Idaho Independent Bank would be your lowest cost holding vehicle for your IIBK investment.
Pros:
No dividend investment fees
No investment fees
Cons:
Account setup fee