First M&F Corporation (FMFC) 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			$50
Maximum purchase			$5,000
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$10.00
Company Web Site			https://www.mfbank.com
Additional Plan Information			Agent Site

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