-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T0QqNNvtoHA+tljfRpHxf/7HBzrrl8FSnAJ2OuictQxMeBNj7tEImDefAojS/PS9 6hYQVGic8MT6NIl92GMBmA== 0000038723-05-000073.txt : 20051208 0000038723-05-000073.hdr.sgml : 20051208 20051208095406 ACCESSION NUMBER: 0000038723-05-000073 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051208 DATE AS OF CHANGE: 20051208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FRANKLIN FINANCIAL CORP CENTRAL INDEX KEY: 0000038723 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 580521233 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-126589 FILM NUMBER: 051251028 BUSINESS ADDRESS: STREET 1: 213 E TUGALO ST STREET 2: P O BOX 880 CITY: TOCCOA STATE: GA ZIP: 30577 BUSINESS PHONE: 4048867571 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN DISCOUNT CO DATE OF NAME CHANGE: 19840115 424B3 1 prospectussupplement.htm 424(B)(3) PROSPECTUS SUPPLEMENT Rule 424 (b) (2)




Rule 424(b)(3)

SEC File #333-126589

    
    

1st FRANKLIN FINANCIAL CORPORATION

 

WEEK OF DECEMBER 8, 2005 THRU DECEMBER 14, 2005

 

VARIABLE RATE

SUBORDINATED DEBENTURES

    


Effective

Yield (a)


Interest

Rate (b)


Interest

Adjustment Period (c)

Minimum

Investment

Amount

    

2.28

2.25

1  Month

$500.00

2.28

2.25

3  Months

$500.00

4.86

4.75

6  Months

$500.00

5.39

5.25

1  Year

$500.00

5.65

5.50

2  Years

$500.00

5.76

5.60

4  Years

$500.00

    

(a)

Compounded daily based on a 365 day year.

(b)

Interest is earned daily, and will be paid promptly upon a holder’s request,

otherwise principal and interest are payable at maturity.

(c)

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 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.

    

This is not an offer to sell, or the solicitation of an offer to purchase, these securities.  Any offer or sale will be made only by a prospectus, which is available by visiting us at 213 East Tugalo Street, Toccoa, Georgia, by writing us at P.O. Box 880, Toccoa, Georgia  30577 or by calling us at (706) 886-7571 or (800) 282-0709 (in GA) or (800) 700-7943 (outside of GA).

    

We are not a bank, and investments are not bank deposits or obligations and are not insured by the FDIC, SPIC or any other federal or state agency.  Investors must rely solely on the Company’s ability to pay principal and interest on the Debentures.

    

Prospectus Supplement Dated December 8, 2005

    




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