First National Corporation (FXNC) 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			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			Varies
Company Web Site			http://www.firstbank-va.com
Additional Plan Information			Agent Site

First National Corporation DRIP Details:
First National Corporation is a bank holding company that operates First Bank in Virginia. The First National Corporation Dividend Reinvestment Plan offers a poor holding vehicle for your First Bank investment as it requires at least 1 share to enroll. For investors who don’t already own First National Corporation shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FXNC investment.
Pros:
No account setup fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll
Does not allow for additional investments in plan beyond dividend reinvestments