1st Franklin Financial Corp.
09/16/2021 | Press release | Distributed by Public on 09/16/2021 04:02
Supplemental Prospectus (SEC Filing - 424B3)
Filed Pursuant to Rule 424(b)(3)
SEC File #333-237642
1st FRANKLIN FINANCIAL CORPORATION
VARIABLE RATE
SUBORDINATED DEBENTURES
PERIODS OF SEPTEMBER 16, 2021 THRU SEPTEMBER 22, 2021
AND
SEPTEMBER 23, 2021 THRU SEPTEMBER 29, 2021
Period of September 16, 2021 Thru September 22, 2021
Interest
Minimum
Effective
Interest
Adjustment
Investment
Yield (a)
Rate (b)
Period (c)
Amount
1.77
1.75
1 Month
$500.00
1.77
1.75
3 Months
$500.00
2.28
2.25
6 Months
$500.00
2.79
2.75
1 Year
$500.00
3.30
3.25
2 Years
$500.00
3.56
3.50
4 Years
$500.00
Period of September 23, 2021 Thru September 29, 2021
Interest
Minimum
Effective
Interest
Adjustment
Investment
Yield (a)
Rate (b)
Period (c)
Amount
1.77
1.75
1 Month
$500.00
1.77
1.75
3 Months
$500.00
2.28
2.25
6 Months
$500.00
2.79
2.75
1 Year
$500.00
3.30
3.25
2 Years
$500.00
3.56
3.50
4 Years
$500.00
(a) Compounded daily based on 365/366 year.
(b) Interestisearneddaily,andwillbepaidpromptlyuponaholder'srequest,otherwise
principal and interest are payable at maturity.
(c) Attheendofthisperiod,theinterestratewillbeadjusted.Debenturesmaturefour
yearsfromtheirdateofissue,subjecttoearlierredemptionasprovidedfortherein.
RedemptionatanyothertimeisatthediscretionoftheCompanyandissubjecttoan
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 isnotanofferto sell,or thesolicitation ofanoffer to purchasethese securities.Any offer or
salewillbemadeonlybyaprospectus,whichisavailablebyvisitingusat 135EastTugalo
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).
Wearenotabank,andinvestmentsarenotbankdepositsorobligationsandarenotinsuredby
theFDIC,SIPCoranyotherfederalorstateagency.InvestorsmustrelyontheCompany's
ability to pay principal and interest on the Debentures.
Prospectus Supplement Dated September 16, 2021