Bay Banks of Virginia, Inc (BAYK) 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			N/A
Maximum purchase			N/A
Fees
Account Setup Fee			None
Automatic Investment Fee			Not Allowed
Optional Cash Purchase			Not Allowed
Reinvestment Fee			None
Sale Fee			Variable
Company Web Site			http://www.baybanks.com
Additional Plan Information			Agent Site

Bay Banks of Virginia, Inc DRIP Details:
Bay Banks of Virginia, Inc is a bank holding company that operates Bank of Lancaster and Bay Trust Company. The Bay Banks of Virginia Dividend Reinvestment Plan offers a poor holding vehicle for your Bay Banks of Virginia investment as it requires 1 share to enroll and does not allow additional purchases in the plan. For investors who don’t already own Bay Banks of Virginia, Inc shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your BAYK investment.
Pros:
No account setup fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll
Does not allow for additional investment purchases in plan