What is the Direct Registration Profile Modification System?
The Direct Registration Profile Modification System is an electronic, book-entry registration system that was developed by the securities industry to provide investors with an efficient method of moving book-entry positions within the financial community. As a shareholder of Crescent Banking Company, you can have your Direct Registration shares or Dividend Reinvestment and Stock Purchase Plan shares moved electronically through the Direct Registration Profile Modification System between the company’s records and those of your broker. 6. What about my relationship with my broker if I chose Direct Registration? You can maintain your relationship with your broker. Pertinent broker information will be maintained in our records as instructed by your broker. 7. Can I participate in Crescent Banking Company’s Dividend Reinvestment and Stock Purchase Plan if I own shares in Direct Registration? Yes, your Direct Registration shares can participate in Crescent Banking Company’s Dividend Reinvest