First Place Financial Corporation (FPFC) 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			50 Shares
Purchases
Minimum purchase			$100
Maximum purchase			$2,500
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$20.00
Company Web Site			https://www.firstplacebank.com
Additional Plan Information			Agent Site

First Place Financial Corp DRIP Details:
First Place Financial Corporation is a bank holding company that operates First Place Bank in Ohio, Maryland, Michigan, and Indiana. The First Place Financial Dividend Reinvestment Plan offers a poor holding vehicle for your First Place Bank investment as it requires at least 50 shares to enroll. For investors who don’t already own First Place Financial shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FPFC investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 50 shares to enroll
Above average stock sales fee