Citizens South Banking Corporation (CSBC) 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

100 Shares

 

 

 

 

Purchases

 

 

Minimum
purchase

 

N/A

Maximum
purchase

 

N/A

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

None

Automatic
Investment Fee

N/A

Optional
Cash Purchase

 

N/A

Reinvestment
Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company
Web Site

 

https://www.citizenssouth.com

Additional
Plan Information

Agent Site

Citizens South Banking Corporation DRIP Details:
Citizens South Banking Corporation is a bank holding company that operates Citizens South Bank in North Carolina and South Carolina. The Citizens South Banking Corp Dividend Reinvestment Plan offers a poor holding vehicle for your Citizens South Bank investment as it requires 100 shares to enroll. For investors who don’t already own Citizens South Bank shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CSBC investment.
Pros:
No account setup fees
No dividend reinvestment fees
Cons:
Requires 100 shares to enroll
Does not allow additional investments through plan