Shareholders who participate in the Plan can buy UNB Corp. Common Stock without service charges. Reinvestment of cash dividends is automatic and participants acquire additional shares at market prices. Participants may also invest additional cash in Common Stock by making optional cash investments. Participants realize full investment of their funds because the Plan allows the purchase of full and fractional shares. Reinvested dividends have a compounding effect by earning dividends themselves.
Participants receive quarterly statements which provide complete information about their accounts.
Optional cash investments must be received by the 10th day of the month. All cash received will be pooled to purchase additional shares of Common Stock as promptly as practicable. There are no service charges to participants in connection with purchases of shares of Common Stock under the Plan or for the administration of the Plan. However, the total cost of shares purchased in the open market with reinvested dividends or optional cash investments will include applicable brokerage commissions, if any. Eligible shareholders may join the Plan at any time by completing and signing a Dividend Election Form and returning it to the Agent.