Senior Demand Notes | Variable Rate Subordinated Debentures | Commercial Paper | Weekly Rates
1st Franklin Financial offers Commercial Paper to certain qualified individuals. Commercial Paper requires a minimum investment of $50,000 and is offered and sold with maturities of 30 to 260 days. Commercial Paper is an unsecured obligation and we encourage interested parties to request more information by contacting the 1st Franklin Financial Investment Center.
Our Commercial Paper offerings are available at a minimum investment of $50,000.
Current rates for the week of September 26, 2024 through October 2, 2024:
Term | Interest Rate |
---|---|
30 – 59 Days | 4.00 |
60 – 89 Days | 4.50 |
90 – 179 Days | 5.00 |
180 – 260 Days | 6.00 |
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.