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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$50 |
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Maximum |
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$40,000 |
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Fees |
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Account |
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$0.00 |
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Automatic |
$0.00 |
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Optional |
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$5 |
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Reinvestment |
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N/A |
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Sale Fee |
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$15 |
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Company |
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Additional |
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Banner Corporation DRIP Details:
The Banner Corp Direct Stock Purchase Plan offers an attractive holding vehicle any BANT investors willing to make monthly automatic purchases with its no setup fees, no dividend reinvestment fees, and no fees for regular monthly investments. Depending on your investing style you may find this DRIP (for regular monthly investments) or a low cost brokerage such as Sharebuilder (for non regular investments) could be the lowest cost holding vehicle for your Banner Bank investment.
Pros:
No account setup fees
No monthly automatic investment fee
No dividend reinvestment fees
Cons:
$5 optional cash purchase fee
$15 stock sale fee