|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$25.00 |
|
|
Maximum purchase |
|
$10,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
None |
|
|
Automatic |
|
None |
|
|
Optional |
|
None |
|
|
Reinvestment |
|
None |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Northwest Savings Bank DRIP Details:
The Northwest Savings Bank Direct Stock Investment Plan offers a pretty attractive holding vehicle for your Northwest Bank investment with no account setup fees, no optional stock investment fees, and no dividend reinvestment fees. For most long term investors the Northwest Savings Bank Stock Plan will be the lowest cost holding vehicle for your NWBI investment.
Pros:
No account setup fee
No optional investment fees
Low minimum initial investment ($250)
No dividend reinvestment fees
Cons:
Above average stock sale fee