Four Oaks Fincorp Inc (FOFB) 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			$20
Maximum purchase			$2,500
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			N/A
Company Web Site			http://www.fouroaksbank.com
Additional Plan Information			Agent Site

Four Oaks Fincorp Inc DRIP Details:
Four Oaks Fincorp Inc is a bank holding company that operates Four Oaks Bank & Trust Company in North Carolina. The Four Oaks Fincorp Dividend Reinvestment Plan offers a poor holding vehicle for your Four Oaks Bank investment as it requires at least 1 share to enroll. For investors who don’t already own Four Oaks Fincorp shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FOFN investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 1 share to enroll
Does not allow stock sales within plan. To sell your stock, you will be issued a stock certificate and will need to transfer to a broker to sell.