First Bancorp (FBNC) 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			$25
Maximum purchase			$2,500
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			Varies
Company Web Site			https://www.firstbancorp.com
Additional Plan Information			Agent Site

First Bancorp DRIP Details:
First Bancorp is a bank holding company that operates First Bank in North Carolina, South Carolina, and Virginia. The First Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your First Bancorp investment as it requires at least 1 share to enroll. For investors who don’t already own First Bancorp shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FBNC investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 1 share to enroll