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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KlxdEOHGW8jIA4kHRHI+0BZNsH266YaPismeL5BvMKp9k4ArBuG1wTer/4L/cbPy
 BkyAU8YoBEWQ5qhG5RmsFQ==

<SEC-DOCUMENT>9999999995-08-001342.txt : 20080501
<SEC-HEADER>9999999995-08-001342.hdr.sgml : 20080501
<ACCEPTANCE-DATETIME>20080501001541
ACCESSION NUMBER:		9999999995-08-001342
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080430
DATE AS OF CHANGE:		20080501
EFFECTIVENESS DATE:		20080430

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			1st 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:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-150223
		FILM NUMBER:		08791785

	BUSINESS ADDRESS:	
		STREET 1:		135 E TUGALO ST
		STREET 2:		P O BOX 880
		CITY:			TOCCOA
		STATE:			GA
		ZIP:			30577
		BUSINESS PHONE:		4048867571

	MAIL ADDRESS:	
		STREET 1:		135 EAST TUGALO STREET
		STREET 2:		PO  BOX  880
		CITY:			TOCCOA
		STATE:			GA
		ZIP:			30577

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST FRANKLIN FINANCIAL CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN DISCOUNT CO
		DATE OF NAME CHANGE:	19840115
</SEC-HEADER>
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<SEQUENCE>1
<FILENAME>primary_doc.xml
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    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2008-04-30</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>16:00:00</finalEffectivenessDispTime>
        <form>S-1</form>
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            <entityName>1st FRANKLIN FINANCIAL CORP</entityName>
            <fileNumber>333-150223</fileNumber>
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