Evans Bancorp Inc (EVBN) 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			$0
Maximum purchase			N/A
Fees
Account Setup Fee			None
Automatic investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$0.05/share
Company Web Site			http://www.evansbank.com
Additional Plan Information			Agent Site

Evans Bancorp Inc DRIP Details:
Evans Bancorp Inc is a bank holding company that runs Evans Bank in New York. The Evans Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your Evans Bank investment unless you already own shares. For investors without an existing investment in Evans Bank a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your EVBN investment.
Pros:
No dividend reinvestment fees
No investment fee
Cons:
Requires 1 share to enroll