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Weekly Rates

Senior Demand Notes | Variable Rate Subordinated Debentures | Commercial Paper | Weekly Rates

Interest Rate Listing

1ˢᵗ Franklin offers investment options to the public in the form of Senior Demand Notes, Variable Rate Subordinated Debentures, and Commercial Paper. The interest rate listing tables compare the rate of return of the different investment options. The Senior Demand Notes and Variable Rate Subordinated Debentures are registered with the Securities and Exchange Commission and with state securities departments in the state(s) where offered.

Senior Demand Notes
Daily Balance $1 – $2,499 $2,500 – $9,999 $10,000 – $49,999 $50,000 – $99,999 $100,000 & over
Effective Yield (a) 1.51 1.51 1.77 2.02 2.02
Interest Rate 1.50 1.50 1.75 2.00 2.00

Our Senior Demand Note offerings are available at a minimum investment of $25.
Current rates for the week of September 17th, 2020 through September 23rd, 2020.

(a) Compounded daily based on a 365/366 day year.

Variable Rate Subordinated Debentures
Interest Adjustment Period (a) Effective Yield (b) Interest Rate (c) Minimum Investment Amount
1 Month 1.77 1.75 $500
3 Months 1.77 1.75 $500
6 Months 2.28 2.25 $500
1 Year 2.79 2.75 $500
2 Years 3.30 3.25 $500
4 Years 3.56 3.50 $500

Our Variable Rate Subordinated Debentures offerings are available at a minimum investment of $500.
Current rates for the week of September 17th, 2020 through September 23rd, 2020.

(a) At the end of this period, the interest rate will be adjusted. Debentures mature four years from their date of issue, subject to earlier redemption as provided for therein. Redemption at any other time other than during the grace period is at the discretion of the Company and is subject to an interest penalty. Absent redemption by the holder at maturity, the term of the Debenture will be extended for one four-year period, subject to the same redemption rights.

(b) Compounded daily based on a 365/366 day year.

(c) Interest is earned daily and will be paid promptly upon a holder’s request. Otherwise, principal and interest are payable at maturity.

Commercial Paper
Term Interest Rate
30 – 59 Days 2.00
60 – 89 Days 2.00
90 – 179 Days 2.50
180 – 260 Days 3.50

Our Commercial Paper offerings are available at a minimum investment of $50,000.
Current rates for the week of September 17th, 2020 through September 23rd, 2020.

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.

Invest with Confidence

1st Franklin Financial Investment Center

Phone : (706) 886-7571
Address : 135 E Tugalo St, Toccoa, GA 30577
Hours : Monday – Friday: 8:30 AM – 5:00 PM
Saturday: 8:30 AM – 12:00 PM (Drive-thru Only)

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