Filed Pursuant to Rule 424(b)(3) | ||||
SEC File #333-237643 | ||||
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1st FRANKLIN FINANCIAL CORPORATION | ||||
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SENIOR DEMAND NOTES | ||||
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PERIODS OF NOVEMBER 12, 2020, THRU NOVEMBER 18, 2020 | ||||
AND | ||||
NOVEMBER 19, 2020, THRU NOVEMBER 25, 2020 | ||||
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Period of November 12, 2020 Thru November 18, 2020 | |||||
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Daily Balance | $1 to $2,499 | $2,500 to $9,999 | $10,000 to $49,999 | $50,000 to $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% |
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Period of November 19, 2020 Thru November 25, 2020 | |||||
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Daily Balance | $1 to $2,499 | $2,500 to $9,999 | $10,000 to $49,999 | $50,000 to $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% |
(a) | Compounded daily based on 365/366 day year. | ||||
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This is not an offer to sell, or the solicitation of an offer to purchase these securities in any jurisdiction where such offer or solicitation is unlawful. Any offer or sale will be made only by a prospectus, which is available by visiting us at 135 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 (toll-free). | |||||
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We are not a bank, and investments are not bank deposits or obligations and are not insured by the FDIC, SIPC or any other federal or state agency. Investors must rely on the Companys ability to pay principal and interest on the Senior Demand Notes. | |||||
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Prospectus Supplement Dated November 12, 2020 |