Century Bancorp Inc (CNKA) 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			$50
Maximum purchase			$120,000
Fees
Account Setup Fee			None
Automatic investment Fee			$2.50
Optional Cash Purchase			$5
Reinvestment Fee			$0.05/share
Sale Fee			$15
Company Web Site			http://www.centurybank.com
Additional Plan Information			Agent Site

Century Bancorp Inc DRIP Details:
Century Bancorp Inc is the holding company for Century Bank and Trust Company which operates in Massachusetts. The Century Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your Century Bancorp investment unless you already have shares as it requires shares to enroll in the plan. For investors without existing Century Bancorp shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CNBKA investment.
Pros:
None
Cons:
Requires 1 share to enroll
Above average sales fee
Dividend reinvestment fees