Senior Demand Notes
Flexible Investment Opportunity1st Franklin Financial Senior Demand Notes are a flexible investment opportunity with a low minimum investment. Senior Demand Notes offer unlimited purchases or redemptions. Senior Demand Notes are popular with individuals seeking short-term investments with competitive interest rates. Key features include:
- Money available anytime, without penalty
- Optional check writing privilege
- $25 minimum investment
- $500 maintained balance (in Senior Demand Notes or other securities) for Senior Demand Notes with Checkwriting
- Unlimited purchases and redemptions
- Interest compounded daily
Senior Demand Note*
Our Senior Demand Note offerings are available at a minimum investment of $25.
Current rates for the week of December 8, 2016 through December 14, 2016
|Daily Balance||$1 –
(a) Compounded daily based on a 365/366 day year.
This is not an offer to sell or the solicitation of an offer to purchase these securities. Any offer or sales of Senior Demand Notes and Variable Rate Subordinated Debentures will be made only by a Prospectus. We are not a bank. Investments offered by 1st Franklin Financial Corporation are not bank deposits or obligations and are not insured by the FDIC, SIPC or any other federal or state agency. Investors must rely solely on the Company’s ability to pay principal and interest on its investment securities.