Firstbank Corporation (FBMI) 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			$100
Maximum purchase			$2,500
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$15.00
Company Web Site			http://www.firstbankmi.com
Additional Plan Information			Agent Site

Firstbank Corporation DRIP Details:
Firstbank Corporation is a bank holding company that operates Firstbank in Michigan. The Firstbank Corporation Dividend Reinvestment Plan offers a poor holding vehicle for your Firstbank investment as it requires at least 1 share to enroll. For investors who don’t already own Firstbank shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FBMI investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Up to 5% discount on dividend reinvestments
Cons:
Requires 1 share to enroll
Above average stock sales fee