First Commonwealth Financial Corporation (FCF) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$500

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$50.00

Maximum purchase

 

$10,000.00

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$7.50

Automatic
Investment Fee

None

Optional
Cash Investment

None

Reinvestment
Fee

 

None

Sale Fee

 

 

$10.00

 

 

 

 

Company
Web Site

 

http://www.fcbanking.com/

Additional
Plan Information

Agent Site

First Commonwealth Financial DRIP Details:
First Commonwealth Financial is a bank holding company that operates First Commonwealth Bank. The First Commonwealth Financial Direct Stock Investment Plan offers a pretty decent holding vehicle for your First Commonwealth investment with no investment fees, no dividend reinvestment fees, but does have an account setup fee. For many investors, the First Commonwealth DRIP could be your lowest cost holding vehicle for your FCF investment.
Pros:
No dividend reinvestment fees
No investment fee
Cons:
Account setup fee