Independence Savings Bank (ICBC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Independence Savings Bank (ICBC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert emann who wrote (214)	4/11/1998 7:17:00 AM
From: Arthur J. Brestlin	Read Replies (1) of 246

You may not purchase IPO shares in an IRA account maintained with the the Converting Mutual. You may subscribe to IPO shares only in a self directed brokerage IRA. You simply request an additional stock order form from the converting bank, fill it out and give it to your broker. He then submitts it to the underwriter along with a check drawn against the brokers account as custodian for your IRA. I have done this successfully in both SIB and ICBC. I bought shares of each bank in both my personal name and my self directed brokerage IRA. My IRA is with Quick & Reilly but any broker can do that for you!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next