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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$50.00 |
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Maximum purchase |
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$250,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$2.50 |
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Optional |
$5.00 |
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Reinvestment |
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5% upto $3 |
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$15.00 |
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Company Web |
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Additional |
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TCB Financial Corporation DRIP Details:
TCB Financial Corporation is a bank holding company based out of Minnesota. The TCB Financial Direct Stock Investment Plan offers a subpar holding vehicle for your TCB Bank investment with an account setup fee, investment fees, and dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your TCB investment.
Pros:
Below average automatic investment fees
Cons:
Account setup fee
Dividend reinvestment fees
Above average one-time investment fees
Above average sales fee