|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$50 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$25.00 |
|
|
Maximum |
|
$50,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
None |
|
|
Automatic |
$0.04/share |
||
|
Optional |
$0.04/share |
||
|
Reinvestment |
|
None |
|
|
Sale Fee |
|
|
$15.00 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Trustco Bank DRIP Details:
Trustco Bank Corporation offers banking services in New York, New Jersey, and Florida. The Trustco Bank Corporation Direct Stock Investment Plan offers a potentially attractive holding vehicle for your Trustco investment with no account setup fee, low investment fees, and no dividend reinvestment fees. For many investors the Trustco DRIP would be your lowest cost holding vehicle for your TRST investment.
Pros:
Low investment fees
No dividend reinvestment fees
Low minimum investment
No account setup fee
Cons:
Above average sales fee