LNB Bancorp > LNBB Direct

LNB Bancorp, Inc.
Nasdaq: LNBB

LNBB Direct offers you the opportunity to:

• Buy LNB Bancorp, Inc. common shares conveniently and economically, even if you are not currently an LNB shareholder.
• If you wish, reinvest all or a portion of your cash dividends in LNB Bancorp, Inc. common shares.
• Build your investment over time, starting with an initial investment of as little as $250.00 and the option to invest from $50.00 up to $2,500.00 monthly.
• Authorize automatic monthly investments in LNB Bancorp, Inc. common shares from your checking or savings account.
• Send in your LNB Bancorp, Inc. stock certificates for safekeeping in the Plan.

LNB Bancorp, Inc., is pleased to offer individuals the opportunity to participate in LNBB Direct, a convenient and low-cost stock purchase and dividend reinvestment plan ("LNBB Direct" or the "Plan"). LNBB Direct replaces the former LNB Bancorp, Inc. Dividend Reinvestment and Cash Stock Purchase Plan. If you were enrolled in the former Dividend Reinvestment Plan (DRiP), you automatically have been enrolled in LNBB Direct.  For a complete prospectus and enrollment form, please click here.

Description of the Plan
The following frequently asked questions and their answers should help explain the LNBB Direct Stock Purchase and Dividend Reinvestment Plan. If you should have any additional questions, please contact the Plan Administrator, Registrar and Transfer Company, at (800) 368-5948.

1. What is LNBB Direct?

2. What are the options available under LNBB Direct?

3. Who is eligible to participate in LNBB Direct?

4. How do I enroll in LNBB Direct?

5. Who is the Plan Administrator?

6. Who is the independent agent?

7. What fees are associated with participation?

8. What are my dividend reinvestment options?

9. How do I make an additional investment?

10. When will shares be purchased?

11. How will the price be determined for purchased shares?

12. How will shares purchased under LNBB Direct be allocated to my account?

13. Will fractional shares be purchased?

14. What is the source of shares purchased through the Plan?

15. What is the policy on returned checks and insufficient funds?

16. May I receive a stock certificate?

17. Does LNBB Direct offer safekeeping services?

18. May I sell shares I hold through LNBB Direct?

19. How do I transfer shares that I hold to someone else?

20. How may I close my LNBB Direct account?

21. How do I contact Registrar and Transfer Company, the Plan Administrator?

22. How may I keep track of my account's activity?

23. What happens if LNB Bancorp, Inc. issues a stock dividend or declares a stock split or rights offering?

24. May I vote my LNBB Direct shares at shareholders' meetings?

25. May LNBB Direct be amended or terminated?

26. What are the responsibilities of LNB Bancorp, Inc. and Registrar and Transfer Company?

27. What are the tax consequences of participating in LNBB Direct?

Because this is a summary of the LNBB Direct plan, it may not contain all the information that may be important to you.

For a complete prospectus and enrollment form, please click here.