JDAs ~~Comments~~filed ~~4/17/23~~with the Securities and Exchange Commission on May 8, 2026

AsRegistration ~~filed~~No. ~~with the Securities and Exchange Commission on April 20, 2023~~333-______

Registration No. 333-_____

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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Form S-1

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

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1ST FRANKLIN FINANCIAL CORPORATION

A Georgia Corporation	6141	I.R.S. Employer No. 58-0521233
	(Primary Standard Industrial Classification Code Number)
	135 East Tugalo Street Post Office Box 880 Toccoa, Georgia 30577 (706) 886-7571 -----------------------
Agent for Service: Brian J. Gyomory 135 East Tugalo Street Post Office Box 880 Toccoa, Georgia 30577 (706) 886-7571		Copy To: Mark L. Hanson, Esq. Jones Day 1221 Peachtree Street, N.E. Suite 400 Atlanta, Georgia 30361 (404) 521-3939

(Exact name of registrant as specified in its charter)


A Georgia Corporation	6141	I.R.S. Employer No. 58-0521233
	(Primary Standard Industrial Classification Code Number)
	135 East Tugalo Street Post Office Box 880 Toccoa, Georgia 30577 (706) 886-7571 (Address and telephone number of registrant’s principal executive offices) -----------------------
Agent for Service: Jenna C. Hood 135 East Tugalo Street Post Office Box 880 Toccoa, Georgia 30577 (706) 886-7571		Copy To: Mark L. Hanson, Esq. Jones Day 1221 Peachtree Street, N.E. Suite 400 Atlanta, Georgia 30361 (404) 521-3939

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Approximate date of commencement of proposed sale to the public: From time to time commencing as soon as possible after the registration statement becomes effective.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. (X)

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ( )

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ( )

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ( )

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer ~~___ Non~~___Non-Accelerated Filer X Accelerated Filer ~~___~~___Smaller ~~Smaller~~ Reporting Company ___ Emerging Growth Company ___

If an emerging growth company, ~~indicated~~indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ____

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The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.

1ST FRANKLIN FINANCIAL CORPORATION

$900,000,000 SENIOR DEMAND NOTES

_________________________________________________

1st Franklin Financial Corporation (the "Company" or "1st Franklin") is offering to sell Senior Demand Notes on a continuous basis. The Senior Demand Notes will have the following principal terms and features:

•General: The Senior Demand Notes will be senior, unsecured obligations of the Company and will be issued under an Indenture, as amended, between us and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as Trustee.

•Principal amount: The principal amount of each Senior Demand Note held by an investor at any time will be equal to all amounts invested in such Senior Demand Note, together with accrued and unpaid interest, less redemptions.

•Denominations: Senior Demand Notes will be issued and sold in initial denominations of $25.00 or more, and in any amounts thereafter.

•Redemption: Senior Demand Notes will be payable or redeemable at any time upon request. We will honor partial redemption requests for redemption so long as the remaining outstanding balance is at least $1.00. In certain instances, a holder of Senior Demand Notes will be able to redeem all or a part of the holder's Senior Demand Notes by writing drafts against such balances.

•Interest rate: The interest rate payable on Senior Demand Notes will be a variable rate, compounded daily, and will depend upon a holder’s then-current daily balance of Senior Demand Notes. We may establish, in our discretion, separate interest rates for Senior Demand Notes with daily balances from $1.00 to $2,499.99; $2,500.00 to $9,999.99; $10,000.00 to $49,999.99; $50,000.00 to $99,999.99; and $100,000.00 and over.

◦When an interest rate is established for a range of balances, it will become effective for and applied to all Senior Demand Notes with a current daily balance within that range, whether existing or newly issued. These interest rates may be the same or different for each range of balances, and we may increase or decrease the interest rate for any range independently of the others without notice after the date of investment. A holder of Senior Demand Notes will not be expressly notified of changes in any applicable interest rate; then-current interest rates will be available by calling or visiting our executive offices, and on our website.

•Maturity: The Senior Demand Notes will have no stated maturity. They will be payable in whole or in part at any time upon the request of a holder, and will be callable by the Company upon written notice at any time without premium.

We will publish the most recently determined and then applicable interest rate for each balance range in a newspaper of general circulation in Toccoa, Georgia, the location of the Company’s principal place of business, and on our web site at http://www.1ffc.com. The information on our website is not a part of, or incorporated by reference into, this

~~prospectus. You~~1st ~~can~~FRANKLIN ~~also~~FINANCIAL ~~obtain a list of the most recently determined interest rates by calling or visiting our executive offices in Toccoa~~CORPORATION$125,000,000 ~~Georgia. A~~SERIES ~~prospectus~~1 ~~supplement~~VARIABLE ~~setting~~RATE ~~forth~~SUBORDINATED ~~the most recently determined interest rates will be filed with the SEC, as appropriate.~~DEBENTURES

We are offering the Senior Demand Notes on a continuous basis, until such time as all of the Senior Demand Notes being offered hereunder have been sold, or until the registration statement relating hereto ceases to be effective with the SEC. The Senior Demand Notes will be offered directly to the public by us, without an underwriter. We cannot assure you that all or any portion of the Senior Demand Notes we are offering will be sold. We do not have to sell any minimum amount of Senior Demand Notes to accept and use the proceeds of this offering. Proceeds from the sale of the Senior Demand Notes will be placed in our general treasury when received. We have not made any arrangement to place any of the proceeds from this offering in an escrow, trust or similar account. Therefore, you cannot be guaranteed of the return of your investment. The Senior Demand Notes are not and will not be listed on any securities exchange and there is no and will be no public trading market for the Senior Demand Notes. We have the right to reject any subscription for Senior Demand Notes, in whole or in part, for any reason.______________________________

~~You~~1st ~~should~~Franklin ~~carefully~~Financial ~~read~~Corporation ~~this~~(the ~~prospectus~~"Company" ~~and~~or ~~any~~"1st ~~applicable~~Franklin") ~~prospectus~~is ~~supplement,~~offering ~~including~~to ~~the~~sell ~~information~~its ~~incorporated~~Series by1 ~~reference,~~Variable ~~before~~Rate ~~you~~Subordinated ~~decide~~Debentures, ~~whether~~referred to ~~invest~~as the “Debentures,” in ~~Senior~~varying ~~Demand~~minimum ~~Notes~~purchase amounts that we will establish each week. The Debentures will have the following principal terms and features:

~~Investing~~•General: inThe ~~Senior~~Debentures ~~Demand~~will ~~Notes~~represent ~~involves~~subordinated, ~~risks~~unsecured debt obligations of 1st Franklin Financial Corporation. ~~See~~ The ~~“Risk~~Debentures ~~Factors”~~will ~~beginning~~be onissued ~~page~~under 5an ~~for~~Indenture, adated ~~description~~October of31, ~~these~~1984, ~~risks~~as amended, between us and U.S. Bank Trust Company, National Association, as Trustee.

~~Neither~~•Interest ~~the~~rate: ~~Securities~~On each Thursday, and ~~Exchange~~for ~~Commission~~each ~~nor~~separate ~~any~~minimum ~~state~~purchase ~~securities~~amount, ~~commission~~we ~~has~~will ~~approved~~establish oran ~~disapproved~~interest ofrate and a time period after which the ~~Senior~~interest ~~Demand~~rate ~~Notes~~will adjust, orreferred ~~determined~~to ifas ~~this~~an ~~prospectus~~interest isadjustment ~~truthful~~period, orthat ~~complete~~we expect will range from one month to four years. The ~~Any~~interest ~~representation~~rate and the interest adjustment period of each Debenture are referred to as that Debenture’s “established features.” Debentures having these established features will be offered and sold from each Thursday through the ~~contrary~~following isWednesday, aand ~~criminal~~those ~~offense~~established features will be applicable to all Debentures sold during that period.

~~1st~~•Interest ~~FRANKLIN~~adjustment ~~FINANCIAL~~periods: ~~CORPORATION~~An ISinterest ~~NOT~~adjustment Aperiod ~~BANK~~is selected by an investor from those offered by the Company at the time of investment. ~~THE~~ Not ~~SENIOR~~less ~~DEMAND~~than ~~NOTES~~seven ~~ARE~~days ~~NOT~~prior ~~BANK~~to ~~DEPOSITS~~the ORend ~~SIMILAR~~of ~~OBLIGATIONS~~each ~~AND~~Debenture’s ~~ARE~~interest ~~NOT~~adjustment ~~INSURED~~period, BYwe ~~THE~~will ~~FEDERAL~~provide ~~DEPOSIT~~a ~~INSURANCE~~holder ~~CORPORATION~~of ORsuch ~~THE~~Debenture ~~SECURITIES~~with ~~INVESTOR~~written ~~PROTECTION~~notice, ~~CORPORATION~~either ORelectronically ~~ANY~~or ~~OTHER~~by ~~FEDERAL~~mail, ORof ~~STATE~~the ~~AGENCY~~upcoming interest rate adjustment, and the holder may elect to redeem his or her Debenture at the end of the interest adjustment period (or within the 14 day grace period after the interest adjustment date); if the holder does not so elect as of the end of the most recent interest adjustment period, the interest rate will automatically adjust to the then currently offered rate for Debentures in that principal amount and with the corresponding interest adjustment period, until that Debenture’s next interest adjustment date. All other provisions, including the interest adjustment period, will remain unchanged for the entire term of each Debenture not redeemed by the holder.

~~The~~•Redemption: ~~Trustee~~We ~~has~~may ~~not~~redeem ~~provided~~any Debenture, upon at least 30 days’ written notice, either electronically or ~~approved~~by mail, at any ~~information~~time inbefore ~~this~~its ~~prospectus~~stated maturity for a redemption price equal to the principal amount plus any accrued and unpaid interest up to the date of redemption. Holders of Debentures may redeem their Debentures at the end of any interest adjustment period, ~~takes~~or nowithin ~~responsibility~~the 14-day grace period thereafter, at a redemption price equal to the principal amount plus any accrued and unpaid interest up to the date of redemption, which will be determined as provided for above. In addition, a holder of Debentures may request that we redeem that holder’s Debentures at any ~~information~~other ~~contained~~time, inwhich ~~this~~redemption ~~prospectus~~would be at our option, and ~~makes~~in nowhich ~~representations~~case asthe redemption price would be equal to the ~~contents~~principal ofamount ~~this~~plus ~~prospectus~~accrued interest at one-half the stated interest rate on that holder’s Debentures up to the date of redemption.

	Price to Public	Underwriting Discounts and Commissions (1)	Proceeds to Company (2)
Per Senior Demand Note	100%	None	100%
Total	$900,000,000	None	$900,000,000

•Maturity: Each Debenture initially matures four years from its date of issue, subject to earlier redemption by a holder without penalty at the end of any interest adjustment period or within the 14-day period thereafter. We will provide a holder with written notice of the upcoming maturity and a then-current prospectus relating to the Debentures and, unless such holder acts to redeem such Debenture at the maturity date or within the 14 day period after the original maturity date, such maturity date will be automatically extended for one additional four-year period, subject to the same established features and early redemption rights that existed during the initial term of the Debenture.

(1) The Senior Demand Notes are not being offered or sold pursuant to any underwriting or similar agreement, and no commissions or other remuneration will be paid in connection with their sale. The Senior Demand Notes will be sold at face value.

(2) Before deduction of our expenses, estimated at $158,826.

THE DATE OF THIS PROSPECTUS IS ____ __, 2023

We will publish the most recently determined and then-applicable interest rate for each interest adjustment period weekly on our website at http://www.1ffc.com. The information on our website is not a part of, or incorporated by reference into, this prospectus. You can also obtain a list of the most recently determined interest rates by calling or visiting our executive offices in Toccoa, Georgia. A prospectus supplement setting forth the most recently determined interest rates will be filed with the SEC, as appropriate.

The Debentures will be offered directly to the public by us, without an underwriter. We cannot assure you that all or any portion of the Debentures we are offering will be sold. We are offering the Debentures on a continuous basis, until such time as all of the Debentures being offered hereunder have been sold, or until the registration statement relating hereto ceases to be effective. We do not have to sell any minimum amount of Debentures to accept and use the proceeds of this offering. Proceeds from the sale of Debentures will be placed in our general treasury when received. We have not made any arrangement to place any of the proceeds from this offering in an escrow, trust or similar account. Therefore, you cannot be guaranteed of the return of your investment. The Debentures are not and will not be listed on any securities exchange and there is no and will be no public trading market for the Debentures. We have the right to reject any subscription for Debentures, in whole or in part, for any reason.

You should carefully read this prospectus and any applicable prospectus supplement, including the information incorporated by reference, before you decide whether to invest in Debentures.

Investing in the Debentures involves risks. See “Risk Factors” beginning on page 10 for a description of these risks.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the Debentures or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

1st FRANKLIN FINANCIAL CORPORATION IS NOT A BANK. THE DEBENTURES ARE NOT BANK DEPOSITS OR SIMILAR OBLIGATIONS AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR THE SECURITIES INVESTOR PROTECTION CORPORATION OR ANY OTHER FEDERAL OR STATE AGENCY.

The Trustee has not provided or approved any information in this prospectus, takes no responsibility for any information contained in this prospectus and makes no representations as to the contents of this prospectus.


	Price to Public	Underwriting Discounts and Commissions (a)	Proceeds to Company (b)
Per Debenture	100%	None	100%
Total	$125,000,000	None	$125,000,000

(a) The Debentures are not being offered or sold pursuant to any underwriting or similar agreement, and no commissions or other remuneration will be paid in connection with their sale. The Debentures will be sold at face value.

(b) Before deduction of the Company’s expenses, estimated at $112,296.

THE DATE OF THIS PROSPECTUS IS , 2026

You should rely only on the information contained or incorporated by reference in this prospectus and any applicable prospectus supplement. We have not authorized anyone to provide you with any different information. You should not assume that the information contained or incorporated by reference in this prospectus or any prospectus supplement is accurate as of any date other than as of the date of this prospectus, the applicable prospectus supplement or the date the documents incorporated by reference were filed with the SEC. We are offering to sell, and seeking offers to buy, the securities registered by this prospectus only in jurisdictions where these offers and sales are permitted.

TABLE OF CONTENTS

PROSPECTUS SUMMARY	3	6
RISK FACTORS	6	10
USE OF PROCEEDS	8	12
PLAN OF DISTRIBUTION	8	12
FORWARD-LOOKING INFORMATION	8	12
DESCRIPTION OF THE SENIOR DEMAND NOTES	9
DESCRIPTION OF THE DEBENTURES		13
LEGAL MATTERS	15	18
EXPERTS	15	18
WHERE YOU CAN FIND MORE INFORMATION	15	18
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE	15	18
REPORTS TO SECURITY HOLDERS	16	19

4 5

PROSPECTUS SUMMARY

The following summary highlights some of the information in, or incorporated by reference into, this prospectus and may not contain all of the information that may be important to you. Before deciding whether to invest in ~~Senior~~the ~~Demand Notes~~Debentures, you should carefully read this entire prospectus and any applicable prospectus supplement, and the information that is incorporated by reference herein and therein. Unless the context otherwise requires, the terms “1FFC,” “1st Franklin,” “the Company,” ”we,” “us” and “our” in this prospectus refer to 1st Franklin Financial Corporation.

1st FRANKLIN FINANCIAL CORPORATION

1st Franklin Financial Corporation is a privately-held Georgia corporation headquartered in Toccoa, Georgia. The Company has been engaged in the consumer finance business since 1941, ~~particularly~~primarily in making consumer loans to individuals ~~in relatively small amounts~~ for ~~short~~personal ~~periods~~or offamily ~~time.~~needs, ~~Other~~in ~~lending~~relatively ~~activities~~small ~~include~~amounts ~~the~~with ~~purchase~~maturities of ~~sales~~approximately ~~finance~~2 ~~contracts~~years. ~~from~~The ~~dealers~~Company ~~and~~historically ~~the~~extended ~~making of first and second mortgage loans on~~ real estate ~~to homeowners~~loans. As ofBeginning ~~December 31,~~in ~~2022~~2024, ~~our~~1FFC ~~business~~discontinued ~~was~~the ~~operated~~origination ~~through~~of areal ~~network~~estate ofloans, ~~343~~and ~~branch~~the ~~offices~~portfolio ~~located~~is currently in ~~Alabama,~~runoff. ~~Georgia,~~The ~~Kentucky,~~Company ~~Louisiana,~~also ~~Mississippi,~~purchases ~~South~~sales ~~Carolina,~~finance ~~Tennessee,~~contracts ~~Texas~~from ~~and~~various ~~Virginia~~dealers.

WeAll ~~fund~~of ~~our~~1FFC's loans ~~through~~are aat ~~combination~~fixed ofrates ~~the issuance of short~~ and ~~longer-term~~contain ~~debt~~fixed ~~securities,~~terms ~~including our Senior Demand Notes~~ and ~~Variable~~fixed ~~Rate~~payments. ~~Subordinated~~The ~~Debentures,~~Company asoperates ~~well~~branch asoffices ~~with~~in ~~borrowings~~ten ~~from~~southern ~~time~~states toand ~~time~~had ~~under~~a ~~our~~total ~~revolving~~of ~~credit~~374 ~~facility. Our~~branch ~~credit~~locations ~~facility~~as ~~provides for secured borrowings~~ of upDecember to31, ~~$230~~2025.0 ~~million,~~The orCompany aand ~~lesser~~its ~~amount~~operations asare ~~determined~~guided ~~based~~by ona ~~our~~strategic ~~then-applicable~~plan ~~borrowing~~which ~~base~~includes ~~(as~~planned ~~defined~~growth inthrough ~~our~~strategic ~~credit~~expansion ~~agreement). As~~ of ~~December 31,~~our ~~2022,~~branch weoffice ~~had $162~~network.5 ~~million~~The inmajority ~~availability~~of ~~under~~ our ~~credit~~revenues ~~facility.~~are ~~Borrowings~~derived ~~against~~from ~~the~~finance ~~credit~~charges ~~facility~~earned aton ~~December 31,~~loans ~~2022~~outstanding. ~~were~~Additional ~~$67.5~~revenues ~~million. This~~are ~~credit~~derived ~~facility~~from ~~matures~~earnings on ~~February~~investment 28securities, ~~2025,~~insurance ~~unless~~income ~~extended~~and other miscellaneous income.

We ~~also~~fund ~~offer~~our ~~optional~~loans ~~credit~~through ~~insurance~~a ~~coverage~~combination toof ~~our~~the ~~customers~~issuance ~~when~~of ~~making~~short aand ~~loan. This~~longer-term ~~coverage~~debt ~~may include credit life insurance~~securities, ~~credit~~including ~~accident~~our ~~and~~Senior ~~health~~Demand ~~insurance,~~Notes and~~/or~~ ~~credit~~Variable ~~property~~Rate ~~insurance.~~Subordinated ~~Customers~~Debentures, ~~may~~as ~~request~~well ~~credit~~as ~~life~~with ~~insurance~~borrowings ~~coverage~~from time to ~~help~~time ~~assure~~under ~~any~~our ~~outstanding~~revolving ~~loan~~credit ~~balance~~facility. Our iscredit ~~repaid~~facility ifprovides ~~the~~for ~~customer~~borrowings ~~dies~~or ~~before~~re-borrowings ~~the~~of ~~loan~~up isto ~~repaid,~~$300.0 million or ~~they~~75% ~~may~~of ~~request~~the ~~credit~~Company's ~~accident~~net ~~and~~finance ~~health~~receivables ~~coverage~~(as todefined ~~help~~in ~~continue loan payments if~~ the ~~customer~~credit ~~becomes~~agreement), ~~sick~~whichever oris ~~disabled~~less, ~~for~~subject anto ~~extended~~certain ~~period~~limitations, ofand ~~time. Customers~~all ~~may~~borrowings ~~also~~are ~~choose~~secured ~~credit~~by ~~property~~the ~~coverage~~finance toreceivables ~~protect~~of the ~~value~~Company. As of ~~loan~~December 31, ~~collateral against damage~~2025, ~~theft~~we orhad ~~destruction~~$79. We3 ~~write~~million ~~these~~in ~~various~~availability ~~insurance~~under ~~products~~our ascredit anfacility. ~~agent~~Borrowings ~~for~~against athe ~~non-affiliated~~credit ~~insurance~~facility ~~company. Under~~at ~~various agreements~~December 31, ~~our~~2025 ~~wholly-owned~~were ~~insurance~~$220.7 ~~subsidiaries~~million. This ~~reinsure~~credit ~~the~~facility ~~insurance~~matures ~~coverage purchased by our customers and written~~ on ~~behalf~~December of6, ~~this non-affiliated insurance company~~2027.

~~1st~~In ~~FRANKLIN~~connection ~~FINANCIAL~~with ~~CORPORATION~~our ISbusiness, ~~NOT~~we Aalso ~~BANK~~offer optional single premium credit insurance products to our customers when making a consumer loan. ~~THE~~ ~~SENIOR~~Such ~~DEMAND~~products ~~NOTES~~may ~~ARE~~include ~~NOT~~credit ~~BANK~~life ~~DEPOSITS~~insurance, ORcredit ~~SIMILAR~~accident ~~OBLIGATIONS~~and ~~AND~~health ~~ARE~~insurance, ~~NOT~~credit ~~INSURED~~involuntary BYunemployment ~~THE~~insurance ~~FEDERAL~~and/or ~~DEPOSIT~~credit ~~INSURANCE~~property ~~CORPORATION~~insurance. ORCustomers ~~THE~~may ~~SECURITIES~~request ~~INVESTOR~~credit ~~PROTECTION~~life ~~CORPORATION~~insurance ORcoverage ~~ANY~~to ~~OTHER~~help ~~FEDERAL~~assure ORany ~~STATE~~outstanding ~~AGENCY~~loan balance is repaid if the customer dies before the loan is repaid or they may request accident and health insurance coverage to help continue loan payments if the customer becomes sick or disabled for an extended period of time. In certain states where offered, customers may choose involuntary unemployment insurance for payment protection in the form of loan payment assistance due to an unexpected job loss. Customers may also choose property insurance coverage to protect the value of loan collateral against damage, theft or destruction.

1FFC writes these various insurance products as an agent for a non-affiliated insurance company specializing in such insurance. However, under various agreements, 1st Franklin's two wholly owned insurance subsidiaries, Frandisco Life Insurance Company and Frandisco Property and Casualty Insurance Company, reinsure the credit insurance policies written on behalf of the Company's customer base. These subsidiaries are licensed insurance companies and are subject to regulation and supervision by the Georgia Commissioner of Insurance and Safety Fire, including statutory capital and surplus requirements, restrictions of dividends and other distributions, and oversight of related-party transactions.

Where permitted by state law, non-filing insurance premiums are charged to customers in lieu of recording and perfecting 1FFC's security interest in the assets pledged. In the event of default, rather than exercising rights in a lien as a lender might otherwise do, the insured can file a claim with the insurer for reimbursement. Non-filing insurance premiums are equal in aggregate amount to the premiums paid by the Company and are passed through to a third-party insurance company. Certain losses on such loans, which are not recoverable through credit life, accident and health, involuntary unemployment, and property insurance claims, are reimbursed through non-filing insurance claims, subject to policy limits. The Company does not profit from the purchase of non-filing insurance other than through an offset to its charge-offs.

Our principal executive office is located at 135 East Tugalo Street, Toccoa, Georgia 30577, and our phone number at that address is (706) 886-7571 or (800) 282-0709.

~~SUMMARY DESCRIPTION OF THE SENIOR DEMAND NOTES~~ 7

Securities Offered	We are offering to sell up to $900,000,000 in aggregate principal amount of our Senior Demand Notes.
Denominations	Senior Demand Notes will be issued and sold in initial denominations of $25.00 or more, and in any amounts thereafter.
Principal Amount	The principal amount of each Senior Demand Note held by an investor at any time will be equal to all amounts invested in such Senior Demand Note, together with accrued interest, less redemptions.
Maturity	Senior Demand Notes will have no stated maturity. They will be payable upon demand of the holder.
Interest Rate	The interest rate will be a variable rate, compounded daily and set from time to time by us. The interest rate may be, but is not required to be, different for each range of balances of Senior Demand Notes. The interest rate may vary based on the holder’s daily balance of his/her Senior Demand Notes within the following ranges: $1.00 to $2,499.99; $2,500.00 to $9,999.99; $10,000.00 to $49,999.99; $50,000.00 to $99,999.99; and $100,000.00 and over.
Compound Interest	Interest is compounded daily. Examples of annualized effective yields for daily compounded rates are set forth below:
	Example Nominal Rate	Effective Annual Rate
	1.00%	1.01%
	1.25	1.26
	1.50	1.51
	1.75	1.77
	2.00	2.02
	2.25	2.28
	2.50	2.53
	These are only examples of interest rates. The actual rate of interest payable on a Senior Demand Note may differ, and may be higher or lower, depending on the balance thereof and the rates determined by us, in our discretion, from time to time.
Interest Rate Adjustment	The interest rate may be, but is not required to be, different for each range of balances of Senior Demand Notes. When we periodically establish an interest rate for a range of balances, it becomes effective for all Senior Demand Notes in that range of balances, whether existing or newly issued. The interest rate on a Senior Demand Note may also change if the daily current balance of Senior Demand Notes owned by a holder changes to a different range of balances.

SUMMARY DESCRIPTION OF THE DEBENTURES

Notification of Interest Rate Adjustment	A holder of Senior Demand Notes will not be expressly notified of changes in any applicable interest rate; then-current interest rates will be available by calling or visiting our executive offices, or on our website. We will also publish the most recently determined and then applicable interest rate for each balance range in a newspaper of general circulation in Toccoa, Georgia. We will also file a notice of any interest rate change with the SEC in a prospectus supplement, as appropriate.
Securities Offered		We are offering to sell up to $125,000,000 in aggregate principal amount of Debentures.
Redemption by Holder	Senior Demand Notes are payable or redeemable at any time upon request. We will honor partial redemption requests so long as the remaining outstanding balance is at least $1.00. Redemptions can be requested in person, fax or by mail at our executive office, by electronic means or by use of the draft redemption option described below.
Denominations		Minimum denominations available for purchase will be established weekly by us.
Draft Redemption Option	In certain instances, a holder of Senior Demand Notes can redeem all or a part of his or her Senior Demand Notes by writing drafts against such balance.
Maturity		Each Debenture will have an initial maturity date of four years from its date of issue, subject to earlier redemption by a holder without penalty at the end of any interest adjustment period or within the 14-day grace period thereafter, or by us as provided for herein. Additionally, if a Debenture is not redeemed as provided for herein, the term of the Debenture will be automatically extended for one additional four-year term, subject to the same redemption rights that existed during the initial term of the Debenture.
Minimum Balance Requirement to Utilize Draft Redemption Option	The draft redemption option is only available to holders of Senior Demand Notes who maintain a minimum balance invested with us (in Senior Demand Notes or otherwise) of $500.00. If and when a holder’s aggregate balance falls below $500.00, that holder's draft writing privileges may be suspended.
Extension of Maturity		The maturity of each Debenture will be automatically extended on its original term for one additional four-year term, unless 1st Franklin or the holder acts to redeem the Debenture in accordance with the redemption provisions at the original maturity date or within the 14-day grace period thereafter. During any extended maturity, a holder of a Debenture will have the same redemption rights such holder had during the original term of the Debenture. We will send written notice, either electronically or by mail, and a then-current prospectus relating to the Debentures to holders not less than 30 days in advance of, and a second written notice not less than 7 days prior to, a Debenture’s upcoming maturity date.
Draft Writing and Senior Demand Note Redemptions	Drafts may be written in any amount and made payable to anyone, subject to the minimum balance limitation. Each honored draft is considered to be a Senior Demand Note redemption in an amount equal to that paid by the draft.
Interest Rate		The interest rate will initially be established at the time of purchase of a Debenture and compounded daily for each established amount. Interest rates may change at an interest adjustment date as described below.
Withdrawals that Exceed the Senior Demand Note Balance or Would Reduce the Aggregate Invested Balance Below $500.00	If a withdrawal is presented to us for payment and it either exceeds the balance of a holder’s Senior Demand Notes or would reduce the holder’s aggregate invested balance with us below $500.00, it may be returned unpaid. If this occurs, the holder may be assessed a return charge.
Compound Interest		Debentures will be offered at interest rates, set weekly, with interest compounded daily. Examples of annualized effective yields for daily compounded rates are set forth below:
Redemption by 1st Franklin	1st Franklin may redeem the Senior Demand Notes at any time upon at least 30, but not more than 60, days’ written notice to the holder for a price equal to the principal amount of the Senior Demand Notes to be redeemed plus accrued and unpaid interest up to, but not including, the date of redemption.
		Example Nominal Rates	ExampleEffective Annual Rates
Form of Investment	Senior Demand Notes may be purchased by cash, check or electronic transfer.
		1.75	1.77
Trustee	Senior Demand Notes will be issued under an Indenture between us and U.S. Bank Trust Company, National Association, as Trustee.
		4.50	4.60
		5.00	5.13
		These are only examples of interest rates. The actual rate of interest earned on a Debenture may differ, and may be higher or lower, depending on the rates offered and in effect at the date of purchase of the Debenture or at the date of an applicable interest rate adjustment. Interest rates offered on Debentures are determined by us, in our discretion, from time to time.


Interest Rate Adjustment			The interest rate will adjust at the end of the interest adjustment period applicable to the specific Debenture to the then-current interest rate offered by us on Debentures with that same interest adjustment period. Not less than 7 days prior to the end of each Debenture’s interest adjustment period, we will provide a holder of such Debenture with written notice, either electronically or by mail, of the upcoming interest rate adjustment, and the holder can elect to redeem his or her Debenture at such interest adjustment date or within the 14 day period thereafter or, after the interest adjustment date, continue to hold the Debenture and receive the then currently offered interest rate.
Interest Adjustment Period			The period of time, elected by the holder when the Debenture is purchased, after which the interest rate on a specific Debenture is adjusted.
Notification of Interest Rate Adjustment			Written notice, either electronically or by mail, will be sent to a holder of a Debenture not less than 7 days prior to the end of each applicable interest adjustment period, which notice will set forth the date of the upcoming interest rate adjustment, information regarding redemption, the approximate value of the Debenture (including all outstanding principal and any accrued but unpaid interest) and, if such Debenture is not redeemed, the interest rate which will be applicable for that Debenture after the interest adjustment date and until the next interest rate adjustment.
Payment of Interest			Interest is earned daily and is payable at any time promptly upon the holder’s request. A request for the payment of interest may be made in person or by telephone, fax, Internet or mail
Notification of Upcoming Maturity			Written notice, either electronically or by mail, will be sent to a holder of a Debenture not less than 30 days prior to the maturity date of a particular Debenture, which notice will set forth the upcoming maturity date and information regarding renewal (if applicable) and redemption procedures. A subsequent written notice will be sent not less than seven days prior to the maturity date and will set forth the upcoming maturity date, information regarding renewal (if applicable) and redemption procedures, the approximate maturity value of the Debenture (including all outstanding principal and any accrued but unpaid interest) and the interest rate which would be applicable on a renewal of that Debenture, if available, during the initial interest adjustment period following the upcoming maturity date and until the next interest adjustment date.
Redemption by Holder			Each Debenture may be redeemed by a holder at the end of each interest adjustment period applicable to the specific Debenture or within the 14-day period thereafter, or at maturity without penalty; redemption at any other time is at our discretion and is subject to an interest penalty. We will send written notice, either electronically or by mail, to a holder not less than 7 days in advance of an upcoming termination of an interest adjustment period and not less than 30 days in advance of, and again not less than 7 days in advance of, an upcoming maturity date.
Redemption by 1st Franklin			1st Franklin may redeem a Debenture prior to its maturity upon 30 days’ written notice to the holder for an amount equal to the principal amount of the Debenture plus accrued and unpaid interest up to the date of redemption.
Indenture Trustee			The Debentures will be issued under an Indenture between the Company and U.S. Bank Trust Company, National Association, as Trustee.

RISK FACTORS

Investing in the ~~Senior~~Debentures ~~Demand Notes~~ involves risks. You should carefully consider the risks described below, as well as the risk factors related to the Company included and discussed in our ~~annual~~Annual ~~report~~Report on Form 10-K for the year ended December 31, ~~2022~~2025, which is incorporated herein by reference, before deciding whether to invest in the ~~Senior Demand Notes~~Debentures. If any of the situations described in any of these risks actually occur, or if any risks or uncertainties not presently known to us arises or occurs, our business, financial condition or results of operations could be materially adversely affected. In any of these events, you may lose part or all of your investment.

RISK FACTORS RELATING TO THE ~~SENIOR DEMAND NOTES~~DEBENTURES

The ~~Senior~~Debentures ~~Demand Notes~~ may not be a suitable investment for you.

The ~~Senior~~Debentures ~~Demand Notes~~ may not be a suitable investment for you, and we advise you to consult your investment, tax and other professional advisors prior to deciding whether to invest in ~~Senior Demand Notes~~Debentures. The characteristics of the ~~Senior Demand Notes~~Debentures, including ~~features such as~~ the ~~variable~~maturity ~~interest rate~~ and ~~our~~interest ~~ability to call the Senior Demand Notes~~rate, may not satisfy your investment objectives. The ~~Senior~~Debentures ~~Demand Notes~~ also may not be a suitable investment for you based on your ability to withstand a loss of interest or principal or other aspects of your financial situation, including your income, net worth, financial needs, investment risk profile, return objectives, investment experience and other factors. Before deciding whether to invest in ~~Senior Demand Notes~~Debentures, you should consider your investment allocation with respect to the amount of your contemplated investment in the ~~Senior~~Debentures ~~Demand Notes~~ in relation to your other investment holdings and the diversity of those holdings.

Because the ~~Senior~~Debentures ~~Demand Notes~~ will have no sinking fund, security, insurance or guarantee, you may lose all or part of your investment in the ~~Senior~~Debentures ~~Demand Notes~~ if we do not have the necessary liquidity to pay amounts due under the ~~Senior Demand Notes~~Debentures.

There is no sinking fund, security, insurance or guarantee of our obligation to make payments on the ~~Senior Demand Notes~~Debentures. ~~The~~ Our ~~Senior~~obligations ~~Demand~~under ~~Notes~~the Debentures are not secured by any of our assets. We will not contribute funds to a separate account, commonly known as a sinking fund, to make any interest or principal payments on the ~~Senior Demand Notes~~Debentures. The ~~Senior~~Debentures ~~Demand Notes~~ are not certificates of deposit or similar obligations of, and are not guaranteed or insured by, any depository institution, the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any other federal or state agency. Therefore, if you invest in the ~~Senior Demand Notes~~Debentures, you will have to rely only on our cash flow from operations and other sources of funds for repayment of principal at maturity or redemption and for payment of interest when due. If our cash flow from operations and other sources of funds are not sufficient to pay the ~~Senior~~amounts ~~Demand~~due ~~Notes~~under the Debentures, then you may lose all or part of your investment.

~~The~~Because ~~Senior~~the ~~Demand~~Debentures ~~Notes~~ will be ~~effectively~~general, ~~subordinated~~unsecured obligations and will be subordinate to substantially all of our ~~secured~~other ~~indebtedness~~debt, the holders of such other debt will have priority over the Debenture holders to recover invested amounts in the event we are unable to meet all of our obligations.

The ~~Senior~~Debentures ~~Demand Notes~~ will be ~~unsecured~~general, ~~and~~unsecured ~~therefore~~obligations of 1st Franklin and will be ~~effectively~~ subordinated toin ~~our~~right ~~secured~~of ~~indebtedness~~payment to ~~the~~substantially ~~extent~~all of ~~the~~our ~~value~~other ofexisting ~~the~~and ~~assets~~future ~~securing~~debt, ~~such~~whether ~~indebtedness. The~~or ~~Senior Demand Notes do~~ not ~~place~~secured, ~~any~~except ~~restrictions~~for on our ~~ability~~other toSeries ~~incur~~1 ~~any~~Variable ~~secured~~Rate ~~indebtedness. In~~Subordinated ~~the~~Debentures, ~~event~~which wewill ~~become~~rank ~~subject~~pari ~~to a bankruptcy~~passu, ~~liquidation, dissolution, reorganization~~ or ~~similar preceding~~equally, with the ~~holders~~Debentures. As of ~~any~~December ~~secured~~31, ~~indebtedness~~2025, ~~would~~we behad ~~entitled~~$1.076 tobillion ~~proceed~~in ~~against~~senior ~~the~~debt ~~collateral that secures the secured indebtedness~~outstanding, and ~~that~~we ~~collateral,~~expect to ~~the~~issue ~~extent~~more ~~not~~senior ~~sufficient~~debt toin ~~provide for~~ the ~~repayment of all such secured indebtedness may not be available for satisfaction of any amounts owed under the Senior Demand Notes~~future.

WeBecause ~~could~~the ~~incur~~Debentures ~~significant~~will ~~additional~~be ~~indebtedness~~subordinated ~~that~~obligations, isin ~~secured~~the event of our insolvency, bankruptcy or ~~equal~~liquidation, inor ~~priority~~other ~~with~~similar ~~respect~~proceeding, tothen the ~~right~~holders of ~~repayment~~senior todebt, ~~the~~whether ~~Senior~~or ~~Demand~~not ~~Notes~~secured, ~~which~~and ~~could~~all ~~impair~~other ~~our~~obligations ~~ability~~senior to ~~repay~~ the ~~Senior~~Debentures ~~Demand~~will ~~Notes~~be ~~may~~entitled beto ~~impaired.~~receive payment

As of December 31, 2022 there was $67.5 million outstanding on our credit line facility on a secured basis with a higher priority with respect to right of repayment to the Senior Demand Notes. We had an additional $624.6 million in other indebtedness outstanding as of December 31, 2022 that was equal in priority with respect to the right of repayment to the Senior Demand Notes. Subject to any limitations that may be contained in any credit agreements or indentures that we may be party to from time to time, we may also incur substantial additional indebtedness, some or all of which may be secured by our assets. This indebtedness may be secured or be equal in payment preference to the Senior Demand Notes. If we incur additional indebtedness, it may become more difficult to meet our repayment obligations, and the risks to holders of Senior Demand Notes could increase. 10

in full of all principal and interest due to them before the holders of the Debentures will be entitled to receive any payments.

We may not have sufficient assets after all such senior payments have been made to make any payments to you under the Debentures, including payments of interest when due or principal upon maturity.

If we incur substantially more indebtedness that is senior to the Debentures, our ability to repay the amounts due under the Debentures may be impaired.

As of December 31, 2025, we had $1.076 billion in indebtedness outstanding that was senior in priority with respect to the right of repayment to the Debentures. Subject to any limitations that may be contained in any credit agreements or indentures we may be party to now or in the future, we may also incur substantial additional indebtedness, some or all of which may be secured by our assets. This indebtedness may be senior in payment preference to the Debentures and may be secured by some or all of our assets. If we incur additional indebtedness, it may become more difficult to meet our repayment obligations, and the risks to holders of Debentures could increase.

Our management has broad discretion over the use of proceeds from this offering.

We will place the proceeds from this offering of ~~Senior Demand Notes~~Debentures, when received, in our general treasury. We expect to use the proceeds from this offering for general corporate purposes, which may include the repayment of ~~indebtedness~~senior ~~under~~and ~~any~~other ~~credit facility to which we are~~debt, orwith ~~become,~~varying ainterest ~~party~~rates, ~~or our variable rate senior and subordinated debt~~ incurred from time to time, as any of it becomes due. Because no specific allocation of the proceeds can be or has been made, our management will have broad discretion in determining how the proceeds of this offering will be used.

Because there are only limited restrictions on our activities under the Indenture governing the ~~Senior Demand Notes~~Debentures, you will have only limited protections under the Indenture.

In comparison to the restrictive covenants that are imposed on us by our existing credit agreement and that we expect would be imposed on us by any replacement credit facility we may enter into in the future, the Indenture that governs the ~~Senior~~Debentures ~~Demand Notes~~ contains only relatively minimal restrictions on our activities. In addition, the Indenture contains only limited events of default other than our failure to timely pay principal and interest on the ~~Senior Demand Notes~~Debentures. Because there are only very limited restrictions and limited events of default under the Indenture, we will not be restricted thereunder from, among other activities, issuing additional debt that ~~may~~is besenior ~~secured or share ratably in right of repayment~~ to the ~~Senior Demand Notes~~Debentures. ~~In either event, you may have more difficulty recovering part or all of your investment.~~ Further, if we default on any payment on the ~~Senior~~Debentures ~~Demand Notes~~ or otherwise under the Indenture, you will likely have to rely on the Trustee to exercise remedies on your behalf under the terms of the Indenture. You may not be able to seek remedies against us directly.

Because we may redeem the ~~Senior~~Debentures ~~Demand Notes~~ at any time prior to maturity, you may be subject to reinvestment risk.

We have the right to redeem any ~~Senior~~Debenture ~~Demand Note~~ at any time prior to its stated maturity upon at least 30 days’ written notice to you. The ~~Senior~~Debentures ~~Demand Notes~~ would be redeemed at 100% of the principal amount plus accrued but unpaid interest up to, ~~but not including,~~ the redemption date. Any such redemption may have the effect of reducing the income or return on investment that you would otherwise expect to receive on an investment in the ~~Senior Demand Notes~~Debentures. If this occurs, you may not be able to reinvest the proceeds at an interest rate comparable to the rate paid on the ~~Senior Demand Notes~~Debentures.

No public market exists in which to transfer ~~Senior Demand Notes~~Debentures.

An investor may redeem any or all of his or her ~~Senior~~Debentures ~~Demand Notes~~ as described in this prospectus. However, no public trading or secondary market for the ~~Senior~~Debentures ~~Demand Notes~~ currently exists, or ever will exist, and, consequently, there is no public market to provide liquidity for any sale or transfer of, or to provide any ~~valuation to help investors evaluate the appropriateness of the interest rates offered in light of the risks to be assumed in connection with an investment in the Senior Demand Notes.~~

valuation to help investors evaluate the appropriateness of interest rates offered in light of the risks to be assumed in connection with an investment in, the Debentures.

USE OF PROCEEDS

We do not have to sell any minimum amount of ~~Senior~~Debentures ~~Demand Notes~~ to accept orand use the proceeds from this offering. Net proceeds from sales of the ~~Senior Demand Notes~~Debentures, after payment of applicable expenses, will be placed in our general treasury. No segregation of proceeds will be made, and we expect to use the net proceeds for general corporate purposes, which may include ~~the~~ repayment of indebtedness under any credit facility to which we are, or become, a party, or the repayment or redemption from time to time of outstanding senior or subordinated debt securities as those securities mature or as such debtholders otherwise request redemption. Our subordinated debt securities include Series 1 Variable Rate Subordinated Debentures of the same series as the Debentures offered by this prospectus. Our senior debt includes amounts that may be outstanding from time to time under our ~~secured~~ revolving credit facility (which may include any replacement facility). Our senior debt securities include our Senior Demand Notes and ~~Commercial~~commercial ~~Paper. Our subordinated debt securities are Variable Rate Subordinated Debentures~~paper, which are offered and sold from time to time in varying principal amounts and atwith various interest rates. We cannot presently estimate the amount of proceeds that will be used to make mandatory redemption payments, as this will vary depending upon, among other things, the amount of any securities outstanding, the maturity dates and applicable interest rates, which vary from time to time, and related investor decisions outside of our control. Any proceeds not used for redemptions or repayments as described above may be used to make consumer finance loans in the ordinary course of our business, to repay interest or principal on bank borrowings outstanding at any time, to repay other debts outstanding as those amounts come due, and for other general operating purposes.

PLAN OF DISTRIBUTION

We are offering the ~~Senior~~Debentures ~~Demand Notes~~ on a continuous basis, until such time as all of the ~~Senior~~Debentures ~~Demand Notes~~ being offered ~~herein~~hereunder have been sold, or until the registration statement relating hereto ceases to be effective. The ~~Senior~~Debentures ~~Demand Notes~~ will be offered directly to the public by us, without any underwriter. No selling commissions or other remuneration will be paid directly or indirectly to any of our officers, directors or employees in connection with the sale of the ~~Senior Demand Notes~~Debentures. All proceeds from sales of ~~Senior~~the ~~Demand~~Debentures ~~Notes~~ will be placed in our general treasury as sales are made, with no minimum sales requirement, as described in the “Use of Proceeds” section of this prospectus. We have not made any arrangement to place any of the proceeds from this offering in an escrow, trust or similar account. All offering expenses, including registration fees, printing, advertising, postage and professional fees, will be paid by us.

There is no assurance that any or all of the ~~Senior~~Debentures ~~Demand Notes~~ offered by this prospectus will be sold. This offering, however, is not made contingent upon any minimum amount of ~~Senior~~Debentures ~~Demand Notes~~ being sold.

The ~~Senior~~Debentures ~~Demand Notes~~ will only be offered, sold and redeemed at our executive offices located at 135 East Tugalo Street, Post Office Box 880, Toccoa, Georgia 30577. The telephone number is (706) 886-7571 or (800) 282-0709.

FORWARD-LOOKING INFORMATION

This prospectus, and the information incorporated by reference ~~in it~~therein, contains “forward-looking statements” within the meaning of ~~Section 27A of~~ the ~~Securities~~federal ~~Act~~securities ~~and Section 21E of the Securities Exchange Act~~laws. Such forward-looking statements ~~may~~ involve known and unknown risks, ~~uncertainties~~ and ~~other~~uncertainties ~~factors~~that ~~which~~could ~~may~~ cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by those forward-looking statements. Such ~~factors~~risks and uncertainties include, but are not limited to, the ~~known~~ risks ~~we face that are~~ described in the “Risk Factors” section of this prospectus and in our ~~annual~~Annual ~~report~~Report on Form 10-K for the year ended December 31, ~~2022~~2025, which is incorporated by reference in this prospectus, and as otherwise may be described in our periodic reports that we file with the SEC from time to time. If any of the events described in the “Risk Factors” section or included elsewhere or incorporated by reference into this prospectus occur, they could impact our ability to pay the interest and principal on the Senior Demand Notes, as well as have a material adverse effect on our business, financial condition and results of operations. We undertake no obligation to update any forward-looking statements, except as may be required by law.

~~DESCRIPTION OF THE SENIOR DEMAND NOTES~~ 12

into this prospectus occur, they could impact our ability to pay the interest and principal on the Debentures, as well as have a material adverse effect on our business, financial condition and results of operations. We do not undertake any obligation to update any forward-looking statements, except as may be required by law.

DESCRIPTION OF THE DEBENTURES

General

The ~~Senior~~Series ~~Demand~~1 ~~Notes~~Variable Rate Subordinated Debentures we are offering will berepresent ~~senior~~subordinated, unsecured debt obligations of 1st Franklin Financial Corporation. The ~~Senior~~Debentures ~~Demand Notes~~ will be issued under an Indenture, dated asOctober ~~of April 3~~31, ~~2008~~1984, between us and The First National Bank of Gainesville, Trustee, as amended (the “Indenture”). Effective March 26, 2010, the Company appointed U.S. Bank Trust Company, National Association, (“U.S. Bank”) as replacement Trustee. The terms and conditions of the ~~Senior~~Debentures ~~Demand Notes~~ include those set out in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939. The following is a summary of the material provisions of the ~~Senior Demand Notes and the~~ Indenture. For a complete understanding of the ~~Senior Demand Notes~~Debentures, you should review the definitive terms and conditions contained in the ~~Senior~~form ~~Demand~~of ~~Notes~~the Debentures and the Indenture, each of which include definitions of certain terms used below. A copy of each of the ~~forms~~form of ~~Senior~~the ~~Demand~~Debentures ~~Notes~~ and the Indenture ~~have~~has been filed with the SEC as exhibits to the registration statement of which this prospectus is a part and are available from us at no charge upon request.

The ~~Senior~~Debentures ~~Demand Notes~~ will be ~~direct~~registered ~~obligations~~and ofissued ~~1st~~without ~~Franklin,~~coupons ~~but~~in ~~will~~series ~~not~~form. There beis ~~secured~~no bylimit on the principal amount of Debentures of any ~~collateral~~series, or ~~lien~~of all series issuable under the Indenture. ~~The~~ 1st ~~Senior~~Franklin ~~Demand~~and ~~Notes~~the ~~will~~Trustee bemay ~~identical~~amend ~~except~~the ~~for~~Indenture to limit the ~~issue~~principal ~~date~~amount ~~and~~of ~~interest~~a ~~rate. The~~particular ~~Senior~~series ~~Demand~~or ~~Notes~~to ~~have~~allow additional series with no ~~stated~~limitations ~~maturity,~~as ~~will~~to ~~not~~the bemaximum ~~subject~~amount toof any ~~sinking~~increase ~~fund~~or ~~and~~to ~~will~~the number of increases which may be ~~payable~~made. We ormay ~~redeemable~~change atthe interest rates and the ~~option~~maturities of the ~~holder~~Debentures ~~thereof~~offered atby this prospectus and of any ~~time~~subsequent asseries ~~described~~which ~~below. The~~may ~~Senior~~be ~~Demand~~offered, ~~Notes~~provided ~~will~~that ~~rank~~no ~~equally~~such ~~and~~change ~~ratably~~will ~~with~~affect ~~all~~any Debenture of ~~our~~any ~~other~~series ~~senior,~~issued ~~unsecured~~prior ~~indebtedness~~to the date of that change.

The Debentures will be direct obligations of 1st Franklin, ~~Financial~~but ~~Corporation~~will is not abe ~~bank.~~secured by any collateral or lien. In addition, the ~~Senior~~Debentures ~~Demand Notes~~ are not bank certificates of deposit and are not insured by the Federal Deposit Insurance Corporation ~~(the “FDIC”)~~, the Securities Investor Protection Corporation ~~(the “SIPC”)~~ or any other federal or state agency or company. Investors must rely solely on ~~our~~1st Franklin’s ability to repay the obligations under the ~~Senior~~Debentures. Principal ~~Demand~~and ~~Notes~~interest are payable at our executive offices in Toccoa, Georgia, which is sometimes referred to as the Investment Center. The Debentures will be executed by 1st Franklin and authenticated and delivered to the purchaser by the Trustee upon the written order of 1st Franklin.

~~Sale~~Established ~~and~~Features ~~Issuance~~of the Debentures

~~All~~The ~~funds~~Debentures ~~you~~offered ~~invest~~by inthis ~~Senior~~prospectus ~~Demand~~will ~~Notes,~~be ~~together~~issued ~~with~~and ~~all~~dated ~~accrued~~as of the date purchased. The interest, rate paid on a Debenture is compounded daily and is payable at any ~~redemptions~~time at the holder’s request. An interest payment request may be made to 1st Franklin in person at the Investment Center or by telephone, ~~will~~fax, Internet or mail. An interest payment request may be ~~recorded~~made onby a ~~register~~holder ~~maintained~~one byor usmore times from time to time, or ~~the~~a ~~Trustee. We~~holder ~~will~~may ~~act~~request asthat ~~registrar~~such ~~and~~payments ~~paying~~occur ~~agent~~on ~~unless~~a ~~otherwise~~specified ~~designated~~periodic basis until the redemption or maturity of the particular Debenture.

~~Senior~~Each ~~Demand~~Debenture ~~Notes~~matures ~~will~~four beyears ~~issued~~from ~~and~~the ~~sold~~date ~~in initial denominations~~ of ~~$25.00~~its ~~or more~~issue, ~~and~~although inthe ~~any~~maturity ~~amounts~~thereof ~~thereafter,~~may ~~and will~~ be ~~dated~~extended ~~the~~for ~~date~~one ofadditional ~~purchase. We~~four-year ~~may,~~term atas ~~our~~described ~~discretion,~~under ~~limit~~“Extension ~~the~~Upon ~~maximum~~Maturity,” ~~amount~~in ~~any~~each ~~investor~~case orsubject ~~related~~to ~~investors~~earlier ~~may~~redemption ~~maintain~~as inprovided ~~outstanding~~for ~~Senior~~herein ~~Demand~~and ~~Notes~~in atthe ~~any one time~~Debenture.

~~Principal~~On ~~Amount~~a weekly basis, 1st Franklin will establish various minimum purchase amounts with corresponding interest rates and interest adjustment periods that will be available for Debentures that are sold beginning on the following Thursday and continuing through the Wednesday thereafter for each minimum purchase

~~The principal amount of each Senior Demand Note held by an investor at any time will be equal to all amounts invested in such Senior Demand Note, together with accrued interest, less redemptions.~~ 13

~~Interest~~amount, all based upon management’s evaluation of general market conditions for investments with similar characteristics such as investment amount, redemption rights, risk profile and term to maturity. The interest rate offered on the Debentures will depend on the interest adjustment period selected by the holder from those offered by 1st Franklin. At the time of an initial investment, a holder will select an interest adjustment period from those then being offered by 1st Franklin. The selected interest adjustment period will remain unchanged for the term of the Debenture, including any extension of the original maturity date. During this period, the interest rate on a Debenture will not change. At the end of each interest adjustment period, unless the Debenture is redeemed, the interest rate will automatically adjust to the interest rate then currently offered for Debentures with the same interest adjustment period. 1st Franklin expects that it will offer the Debentures with interest rate adjustment periods ranging from one month to four years.

~~The~~Not ~~interest~~less ~~rate~~than ~~payable~~7 ondays ~~any~~prior ~~Senior~~to ~~Demand~~the ~~Note~~end ~~will~~of beeach ainterest ~~variable~~adjustment ~~rate~~period, ~~compounded~~we ~~daily. We~~will ~~may~~send ~~establish~~written notice, ~~from~~either ~~time~~electronically toor ~~time~~by mail, ~~separate~~to ~~interest~~the ~~rates~~holder ~~for~~of a Debenture of the ~~following~~interest ~~ranges:~~rate ~~from~~which ~~$1.00~~will be applicable to ~~$2,499.99;~~the ~~$2,500.00~~Debenture toduring ~~$9,999.99;~~the ~~$10,000.00~~upcoming tointerest ~~$49,999.99;~~adjustment ~~$50~~period,~~000.00~~ towhich ~~$99,999.99;~~will ~~and~~be ~~$100,000.00~~the ~~and~~same ~~over. Interest~~interest rate ~~determinations~~that ~~are~~will ~~made~~be byapplicable ~~management~~to ~~after~~all ~~evaluation~~new ofDebentures ~~market~~being ~~conditions~~offered ~~for~~during ~~investments~~that period with ~~similar~~the ~~characteristics,~~same ~~such~~interest asadjustment ~~investment~~period. If ~~amount,~~the ~~redemption~~holder ~~rights~~elects ~~and~~to ~~risk~~retain ~~profile. When~~the anDebenture ~~interest~~at the new rate, no action is ~~established~~required ~~for~~of ~~any~~the ~~range~~holder ofas ~~balances,~~the itnew rate will become effective ~~for~~as ~~and~~of ~~applied~~the tofirst ~~all~~day ~~Senior~~of ~~Demand~~the ~~Notes~~interest ~~within~~adjustment ~~that~~period. If ~~range~~the holder elects not to accept the new rate, ~~whether~~the ~~existing~~holder can redeem the Debenture without penalty at the interest adjustment date or ~~newly~~within ~~issued. These~~the 14-day period after the interest ~~rates~~adjustment ~~may~~date, ~~but~~referred ~~are~~to ~~not~~as ~~required~~the to“grace beperiod,” ~~different~~either ~~for~~in ~~each~~person ~~range~~at, ofor ~~balances~~by mail to, ~~and~~the weInvestment ~~may~~Center ~~increase~~or by fax or ~~decrease~~electronically. See ~~the~~“Redemption ~~interest~~at ~~rate~~Request ~~for~~of Holder Prior to Maturity.” Interest during any ~~range~~grace ~~independently~~period ofuntil ~~the~~redemption ~~others~~will ~~without~~be ~~express~~paid ~~notice~~at tothe ~~holders~~then ~~after~~applicable interest rate.

Debentures with the then-current established features will be available for purchase beginning on the Thursday after the date of ~~investment~~the determination of such features through the following Wednesday. The ~~interest~~most ~~rate~~recently determined established features will be applicable to all Debentures sold by us during that period. We publish this information weekly on ~~any~~our ~~Senior~~website ~~Demand~~maintained ~~Note~~at ~~may~~http://www.1ffc.com ~~also~~or ~~change~~it ifcan ~~the~~be ~~daily~~obtained ~~balance~~directly from us by calling or visiting our executive offices in Toccoa, Georgia. The information on our website is not a part of, ~~that~~or ~~Senior~~incorporated ~~Demand~~by ~~Note~~reference ~~changes~~into, this prospectus. The most recently determined established features will also be set forth in supplements to athis ~~different~~prospectus ~~range~~that ofwill ~~balances~~be filed with the SEC, as appropriate.

APayment ~~holder~~ of ~~Senior~~Interest ~~Demand Notes will not be expressly notified of changes from time to time in the interest rates. The current interest rates being paid~~ on the Senior Demand Notes at any time may be obtained by calling or visiting our executive offices or by visiting our website at http://www.1ffc.com. The information on our website is not a part of, or incorporated by reference into, this prospectus. We will also publish the most recently determined and then applicable interest rate for each balance range weekly in a newspaper of general circulation in Toccoa, Georgia, the location of the Company’s principal place of business. We will also file a notice of any interest rate change with the SEC in a supplement to this prospectus, as appropriate.Debentures

~~How~~Interest on the Debentures will be earned daily and will be payable promptly on the request therefor by the holder, subject to ~~Invest~~any limitations described in “Subordination” below. A request for the payment of interest may be made in person at, or by mail to, the Investment Center, by telephone at (706) 886-7571 or (800) 282-0709, by fax at (706) 886-7369 or on the Internet by visiting our website at http://www.1ffc.com and clicking on the “Contact Info” button and completing the form. The information on our website is not a part of, or incorporated by reference into, this prospectus. Any request for the payment of interest may be made by a holder one or more times from time to time, or may be set to occur at specified intervals, such as monthly, quarterly, semi-annually or annually for so long as the Debenture is outstanding.

General. You may invest in Senior Demand Notes during normal business hours at our executive offices in Toccoa, Georgia, by cash, check or electronic transfer. Each investment in Senior Demand Notes must be accompanied by properly completed investment documentation. The minimum initial amount which you may invest is $25.00. There is no required minimum amount for subsequent investments. All investments must be made in U.S. dollars. Investments in Senior Demand Notes may be made individually, jointly or as custodial or trust investments and may be made by individuals, corporations, partnerships, firms or associations, provided that in each case the investor meets certain requirements.

Investments by Cash. You may invest in Senior Demand Notes by delivering cash to us at our executive offices located at 135 East Tugalo Street, Toccoa, Georgia 30577.

Investments by Check. You may invest in Senior Demand Notes by check delivered to our executive offices located at 135 East Tugalo Street, Toccoa, Georgia 30577. Checks must be drawn in U.S. dollars on a U.S. bank.

Investments by Electronic Transfer. You may invest in Senior Demand Notes by wire transfer or automated clearing house transfer of funds to 1st Franklin Financial Corporation’s account at South State Bank. For all investments through these electronic transfers, the transfer instructions must include the name “1st Franklin Financial Corporation, Senior Demand Notes” and your name, address, and investment number.

Investments in Senior Demand Notes made with cash begin to accrue interest as of the date the investment is made at our executive offices. Investments made by check begin to accrue interest the first business day after the date of receipt at our executive offices. Investments made by electronic transfer will be invested in Senior Demand Notes, and will begin accruing interest, on the day credited to the account of 1st Franklin Financial Corporation.

Transferring funds electronically by means other than wire transfer or automated clearing house transfer may result in a delay in crediting the investment to your Senior Demand Note investment account. Neither we nor South State Bank will be responsible for delays in funds transfer systems.

We reserve the right to reject any investment application and return the funds to a potential investor for any reason, including if any investments are not preceded or accompanied by documentation satisfactory to us to establish that the potential investor meets any applicable eligibility criteria. Copies of this documentation are available at our executive offices, or you can request that it be sent to you by calling us at (706) 886-7571 or (800) 282-0709.

Redemption by the Holder

Subject to any limitations described in “Subordination” below, we will redeem any Senior Demand Notes upon request of a holder in an amount up to the outstanding principal balance plus any unpaid interest at the time of

redemption. We will also make partial redemptions as long as the balance remaining on any Senior Demand Notes is at least $1.00. All redemption requests must be made either in person, by fax, by mail, or by electronic means to, our executive offices or by the draft redemption option as described below. Redemption requests made in person or by mail must be accompanied by properly completed documentation.

Draft and Electronic Redemption Options

At the option of a holder of Senior Demand Notes, the holder may redeem Senior Demand Notes by writing drafts, or by electronic means, drawn against the holder’s Senior Demand Note balance and payable through South State Bank. The draft and electronic redemption options are available only to those persons who maintain a minimum investment balance with us of $500.00 or more. This investment may be maintained in Senior Demand Notes and/or any other of our debt securities. If at any time this minimum balance declines to less than $500.00, all draft writing and electronic redemption privileges and other services related to these redemption options may be immediately suspended by us until the balance again equals or exceeds $500.00.

A Senior Demand Note holder who elects the draft redemption option will receive an initial supply of blank drafts from us at no charge. Permanent drafts may be purchased by the holder at his expense from a check supplier of the holder’s choice. Drafts may be used at any time and made payable to anyone for any amount, subject to the $500.00 minimum invested balance requirement. Each draft is considered to be a Senior Demand Note redemption in an amount equal to the amount of the draft paid. Subject to a service charge, a holder may stop payment on a draft by timely notifying us in writing, but we will not be liable for any failure to stop any payment. Any Senior Demand Note holder may stop payment on an electronic redemption by timely notifying us in writing, but we will not be liable for any failure to stop any payment.

Drafts or electronic redemptions which are presented to us for payment and which exceed the holder’s Senior Demand Note balance or which would reduce that holder’s minimum balance below $500.00 may be returned unpaid by us, and the holder may be assessed a service fee.

A Senior Demand Note holder who elects the draft redemption option also has the option to enter into a separate Overdraft Protection Agreement, Security Agreement and Assignment. Under this agreement, a holder of Senior Demand Notes assigns debt securities to us as collateral for overdraft payments. We will then pay any overdrafts to the extent of the protection amount set out in this agreement. This agreement contains customary fees for this service. Amounts paid by us under this agreement are loans and are subject to repayment with interest, as well as other finance charges described in such agreement.

To use the draft redemption option, a holder must enter into a Senior Demand Note Draft Redemption Agreement with us. This agreement sets forth the provisions and charges associated with the draft redemption option. A copy of this agreement is filed as an exhibit to the registration statement of which this prospectus forms a part, and is available from us at no charge upon request. Either the Senior Demand Note holder or the Company may terminate this agreement at any time. Additionally, any of the terms of this agreement may be amended by us upon 30 days’ prior written notice. Upon termination of this agreement, a Senior Demand Note holder may continue to redeem Senior Demand Notes in person or by fax, electronic means or mail as provided above without penalty. The Senior Demand Note holder, however, will remain liable for any unpaid drafts or other charges in connection with this agreement.

If Senior Demand Notes are held jointly by more than one owner, only one holder whose name appears on the investment register must sign a redemption draft unless otherwise specified on the investment application or subsequent written request and so indicated on the drafts. The amount of the Senior Demand Notes to be redeemed by draft will continue accruing interest until the redemption draft is presented for payment.

The draft and electronic redemption options are optional redemption methods for redeeming Senior Demand Notes. See “Redemption by the Holder.” These options are strictly at the request of the holder and do not change any of the terms or provisions of the Senior Demand Notes as described herein. The Senior Demand Notes, including those redeemed under these options, are not bank deposits or bank obligations and are not insured by the FDIC, the SIPC, or any other federal or state agency.

Redemption by the Company

We can call the Senior Demand Notes as a whole, or individually, for redemption at any time at a price equal to the principal amount plus any unpaid interest thereon at the time of redemption. Notice of such redemption will be given by mail to the holder not less than 30 nor more than 60 days prior to the date fixed for redemption.

Account Fees and Charges

Any fees and expenses associated with the Senior Demand Notes, and the draft redemption option, will be deducted from a Senior Demand Note holder’s balance and will be treated as a redemption of the corresponding amount of Senior Demand Notes. Any fees and charges will appear on the appropriate account statement. See “Statements to Holders”.

Statements to Holders

Either we or the Trustee will maintain a register of each holder’s investments in Senior Demand Notes. We will maintain the register unless otherwise designated. The principal amount of each Senior Demand Note at any time will be equal to all amounts invested in such Senior Demand Note, together with accrued interest, less redemptions. We will send to each holder, at least quarterly by mail or electronically, a statement showing the holder’s Senior Demand Note balance as it appears on our books. Such statement will contain a summary of all transactions relating to that holder’s Senior Demand Notes during the applicable period, including beginning and ending aggregate principal amounts, accrued interest and redemptions. Holders who have elected to use the Draft Redemption Option will receive a monthly statement by mail or electronically listing all drafts paid during the month and setting forth draft numbers, amounts, dates of payments and any other transactions, such as additional investments, interest earned and service charges which were posted to the holder's account during the month.

Canceled drafts are not returned to the holder. Investors may request laser image copies of canceled drafts to be included with their monthly statements for a nominal fee. Copies and/or laser stored images of canceled drafts will be retained by us and, upon payment of any applicable copy charge, a holder may obtain a copy of any individual draft at any time.

Subordination

~~Payment~~The payment of ~~the~~ principal and interest on the ~~Senior~~Debentures ~~Demand Notes~~ will be subordinate in right of payment to all of our ~~secured~~senior debt ~~to the extent of the value of the assets securing such indebtedness outstanding at any time~~. The term “~~secured~~senior debt” means all of our indebtedness outstanding at any time except debt that by its terms is ~~secured~~not bysenior ~~various~~in ~~assets. At~~right ~~December 31,~~of ~~2022~~payment weto ~~had~~the ~~$67.5~~Debentures ~~million~~and inindebtedness ~~secured~~represented ~~debt~~by ~~outstanding. The Indenture does not restrict~~ our ~~right~~outstanding toDebentures, ~~incur~~each ~~additional~~of ~~secured~~which ~~debt~~are inpari ~~the future~~passu. No sinking fund ~~will~~is required to be established to provide for payments on the ~~Senior Demand Notes~~Debentures.

In the event that the Senior Demand Notes are declared due and payable because of a default under the Indenture, a holder of a Senior Demand Note will be entitled to payment only after all principal and interest on all secured debt has been paid, to the extent of the value of the assets securing such indebtedness. Likewise, in the event of our insolvency, bankruptcy or liquidation, or other similar proceeding relating to 1st Franklin or to its creditors, as such, or to our property, or in the event of any dissolution or other winding up, whether or not involving insolvency or 14

~~bankruptcy,~~In ~~then~~the event that the ~~holders~~Debentures are declared due and payable before their expressed maturity because of ~~any~~a ~~secured~~default ~~debt~~under ~~would~~the Indenture, a holder of a Debenture will be entitled to ~~receive~~ payment inonly ~~full~~after of all principal and interest ~~due~~on toall ~~them~~senior debt has been paid in full. Likewise, toin the ~~extent~~event of our insolvency, bankruptcy or liquidation, or other similar proceeding relating to 1st Franklin or to its creditors, as such, or to our property, or in the ~~value~~event of ~~the~~any ~~assets~~dissolution ~~securing~~or ~~such~~other ~~indebtedness~~winding up, ~~before~~whether or not involving insolvency or bankruptcy, then the holders of ~~the~~any ~~Senior~~senior ~~Demand~~debt ~~Notes~~and ~~would~~all other obligations senior to the Debentures will be entitled to receive payment in full of all principal and interest due to them before the holders of the Debentures are entitled to receive any payments.

~~Indenture~~The ~~and~~amount ~~Trustee~~of our senior debt outstanding as of December 31, 2025 was $1.076 billion.

~~The~~Redemption ~~Senior~~by ~~Demand~~1st ~~Notes~~Franklin ~~will~~Prior ~~be issued under an Indenture, dated April 3, 2008, between us and U.S. Bank Trust Company, National Association, as Trustee. A copy of this Indenture has been filed with the SEC as an exhibit~~ to the registration statement of which this prospectus is a part and statements in this prospectus relating to the Senior Demand Notes are subject to the detailed provisions of the Indenture. Whenever any particular section of the Indenture or any term used in it is referred to, the statement in connection with which such reference is made is qualified in its entirety by such reference.Maturity

We may redeem any Debenture at any time prior to maturity for a redemption price equal to the principal amount plus any accrued and unpaid interest up to the date of redemption. We will provide written notice, either electronically or by mail, to the holder of a Debenture whose Debenture is to be redeemed not less than 30 nor more than 60 days prior to the date fixed for redemption. In the event the entire series of Debentures is not called for redemption, the redemption call will be made by the Trustee pro rata or by lot.

Redemption at Request of Holder Prior to Maturity

At the request of the holder, we will redeem any Debenture at the end of that Debenture’s interest adjustment period, or within the 14-day grace period after the interest adjustment date, for a redemption price equal to the principal amount plus any accrued and unpaid interest up to the date of redemption. Interest during any grace period until redemption will be paid at the then applicable interest rate.

If a request for redemption is made for a time other than at the end of an interest adjustment period or within the applicable grace period, or at maturity, we may, at our option, redeem that Debenture for a price equal to the principal amount plus one-half of any accrued interest since the most recent interest adjustment date, if applicable, or the purchase date on that Debenture up to the date of redemption.

If the holder of a Debenture dies before its maturity, we may, at our option, redeem any Debenture held by that holder for a redemption price equal to the principal amount plus any accrued and unpaid interest up to the date of redemption.

All requests for redemption must be made either in person at, or by mail, fax or electronically, to our executive offices in Toccoa, Georgia. In the event a holder has lost, destroyed or had their Debenture stolen and such holder desires to redeem the same, redemption can be accomplished by completing the requisite form available from the Company and returning it to us in person or by mail, or by faxing or electronically to us at the number provided in “Payment of Interest on the Debentures” section above.

Extension Upon Maturity

Subject to redemption at the request of a holder prior to the maturity date as described above, and our right to redeem a Debenture, the maturity of a Debenture will be automatically extended beyond its initial four-year term for one additional four-year period. In the event of such an extension, all provisions of the Debenture will remain unchanged with the exception of the interest rate, which will change in accordance with the interest adjustment provision of that particular Debenture. Written notice, either electronically or by mail, and a then-current prospectus relating to the Debentures will be sent to a holder of a Debenture not less than 30 days prior to the maturity date of a particular Debenture, which notice will set forth, among other things, the upcoming maturity date and information regarding renewal (if applicable) and redemption procedures. A subsequent written notice will be sent not less than 7 days prior to the maturity date and will set forth, among other things, the upcoming maturity date, information regarding renewal (if applicable) and redemption procedures, the approximate maturity value of the Debenture (including all

outstanding principal and any accrued but unpaid interest) and the interest rate which will be applicable on a renewal of that Debenture for the initial interest adjustment period following the upcoming maturity date (if applicable).

In no event may the maturity of a Debenture be extended for more than one additional term.

Restrictions on Additional Debt

There are no restrictions in the Indenture against ~~the~~our issuance of additional securities or ~~the~~our incurrence of additional debt, including ~~other~~ senior debt orand secured obligations.

Successors

The Indenture ~~generally~~ permits (i) a consolidation or merger between us and another entity~~. It~~ ~~also~~and ~~permits~~ (ii) the transfer or lease by us of all or substantially all of our assets~~. These~~ ~~transactions~~to ~~are~~another ~~permitted~~entity if:

•the resulting or acquiring entity, ~~if other than us,~~ is a corporation and assumes all of our ~~responsibilities~~obligations ~~and liabilities~~ under the ~~Senior~~Debentures ~~Demand Notes~~ and the Indenture; and

•~~immediately after the transaction, and giving effect to the transaction,~~ no event of default under the Indenture exists immediately after the transaction.

Modification of the Indenture

The Indenture contains provisions permitting 1st Franklin and the Trustee, with the consent of the holders of not less than two-thirds of the outstanding principal amount of ~~Senior~~the ~~Demand Notes~~Debentures, to execute supplemental indentures adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental indenture or modifying in any manner the rights of the holders of such ~~Senior Demand Notes~~Debentures; provided, however, that no such supplemental indenture can do any of the following without the consent of each holder so affected:

•~~reduce the principal amount or~~ change the ~~demand~~fixed ~~payment~~maturity ~~nature~~ of any ~~Senior Demand Note~~Debenture;

•reduce the principal amount of ~~Senior~~any ~~Demand Notes whose holders must consent to an amendment~~Debenture; or

•~~make~~reduce ~~any changes regarding~~ the ~~Indenture that relate to a waiver of default~~rate, ~~the~~or ~~rights~~change ~~of holders to receive payments, and~~ the ~~requirements~~time of ~~consent~~payment of ~~the~~interest, ~~holders~~on ofany ~~Senior Demand Notes.~~ Debenture;

~~We,~~•reduce ~~along with~~ the ~~Trustee,~~amount ~~may~~of ~~amend~~Debentures ~~the~~whose ~~Indenture~~holders ~~without~~must ~~the~~ consent ~~of the holders of the Senior Demand Notes~~ to ~~cure~~an ~~any~~amendment; ~~ambiguity, defect~~ or ~~inconsistency, to make any change that does not adversely affect the rights of any holder, or to comply with requirements of the SEC.~~

•make any changes regarding the Indenture that relate to a waiver of default, the rights of holders to receive payments, and the requirements of consent of the holders of Debentures.

We, along with the Trustee, may amend the Indenture without the consent of the holders of the Debentures to cure any ambiguity, defect or inconsistency, or to make any change that does not adversely affect the rights of any holder.

We, with the consent of the Trustee, may also amend the Indenture to allow for the issuance of additional amounts of a particular series or additional series of Debentures without the consent of the holders of Debentures. There are no limitations as to the maximum amount of any increase or to the number of increases which may be made. We may change the interest rates and the maturities of the Debentures offered by this prospectus and of any subsequent series which may be offered without entering into a supplemental indenture, provided that no such change will affect any Debenture of any series issued prior to the date of that change.

Events of Default and Notice Thereof

An event of default is generally defined by the Indenture to mean any of the following:

•the Company’s failure to pay principal ~~or interest~~ on any ~~Senior~~Debenture ~~Demand~~when ~~Note~~it ~~upon~~becomes ~~a request for redemption therefor, which failure continues for 30 days~~due;

•the Company’s failure to ~~comply~~pay ~~with~~interest on any ofDebenture ~~its~~when ~~covenants~~it orbecomes ~~obligations~~due, ~~contained in the Indenture or the Senior Demand Notes~~ and, ~~after notice thereof from the Trustee or holders of at least 25% in principal amount of the Senior Demand Notes,~~ such failure continues for 6030 days;

•the Company’s failure to comply with any of its covenants or obligations contained in the Indenture or the Debentures and, after notice thereof from the Trustee or the holders of a least 25% in principal amount of the Debentures of the affected series, such failure continues for 60 days; or

•the occurrence of certain events of bankruptcy, insolvency or reorganization.

The Indenture provides that the Trustee will, within 90 days after the occurrence of any default that is continuing and known to the Trustee, give the registered holders of ~~Senior~~Debentures ~~Demand Notes~~ notice thereof, but, except in case of a default in the payment of principal or interest, the Trustee may withhold such notice if and for so long as the Trustee in good faith determines that withholding such notice is in the interest of those holders.

Rights on Default

The Trustee, by notice to ~~the~~1st ~~Company~~Franklin, or the holders of at least 25% in principal amount of ~~Senior~~Debentures ~~Demand~~of ~~Notes, by notice to~~ the ~~Company~~affected ~~and the Trustee~~series, may declare the principal of and accrued but unpaid interest on all ~~Senior~~Debentures ~~Demand~~of ~~Notes~~such series due upon the happening of any of the events of default specified in the Indenture, but the holders of a majority of the outstanding principal amount of ~~Senior~~Debentures ~~Demand~~of ~~Notes~~such series may waive any default and rescind such declaration if the default is cured ~~within the 30 day period thereafter~~, except a default in the payment of the principal of or interest on any ~~Senior~~Debenture ~~Demand~~or ~~Note~~a default on any senior debt. The holders of a majority of the outstanding principal amount of the ~~Senior~~Debentures ~~Demand~~of ~~Notes~~any affected series may direct the time, method and place of conducting any proceeding for any remedy available to, or exercising any power or trust conferred upon, the Trustee, but the Trustee may decline to follow any direction that conflicts with law or any provision of the Indenture, or is unduly prejudicial to the rights of the other holders of ~~Senior~~Debentures ~~Demand Notes~~ or would involve the Trustee in personal liability. Holders may not institute any proceeding to enforce the Indenture unless the Trustee refuses to act for 60 days after request from the holders of at least 25% in principal amount of the ~~Senior~~Debentures ~~Demand~~of ~~Notes~~the affected series and during that 60 -day period the holders of a majority in principal amount do not give the Trustee a direction inconsistent with the request, and tender to the Trustee a satisfactory indemnity. Nevertheless, any holder may enforce the payment of the principal of and interest on ~~that~~the holder’s ~~Senior~~Debenture ~~Demand~~when ~~Notes upon a request therefor~~due.

Concerning the Trustee

In addition to ~~its~~serving ~~agreement to serve~~ as Trustee under the Indenture, U.S. Bank Trust Company, National Association serves as trustee under the indenture governing our ~~Variable~~Senior ~~Rate~~Demand ~~Subordinated Debentures~~Notes, and issues to us, and services, certain credit cards, on customary commercial terms and for which it receives customary fees. The Trustee maintains its principal corporate trust office at 2 Concourse Parkway, Suite 800, Atlanta, Georgia 30328-5588.

Evidence to be Furnished to the Trustee

The Indenture provides that, upon any application or request by us to the Trustee to act, (i) we will provide the Trustee an ~~officer~~officers’s certificate and an opinion of counsel stating that any necessary conditions precedent have been met~~. Before the Trustee acts~~, itand ~~may~~(ii) ~~also require~~ satisfactory indemnification as ~~provided~~required inhas ~~the~~been ~~Indenture~~provided. Within 120 days after the end of each fiscal year, we are required to deliver to the Trustee an officer’s certificate stating whether or not, to the knowledge of the signer, we are in default in the performance of any covenant, agreement or condition

~~in the Indenture and, if so, specifying each such default and, with respect to each, the action taken or proposed to be taken by us to remedy such default.~~ 17

days after the end of each fiscal year, 1st Franklin is required to deliver to the Trustee an officers’ certificate stating whether or not, to the knowledge of the signers, 1st Franklin is in default in the performance of any covenant, agreement or condition in the Indenture and, if so, specifying each such default and, with respect to each, the action taken or proposed to be taken by 1st Franklin to remedy such default.

LEGAL MATTERS

The validity of the issuance of the ~~Senior~~Debentures ~~Demand Notes~~ being offered by this prospectus has been passed upon for us by Jones Day, Atlanta, Georgia.

EXPERTS

The ~~consolidated~~ financial statements of 1st Franklin Financial Corporation, incorporated by reference in this Prospectus by reference to ~~the~~1st Franklin Financial Corporation’s Annual Report on Form 10-K ~~of 1st Franklin Financial Corporation~~ for the year ended December 31, ~~2022~~2025, have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their reports~~, which are incorporated by reference herein~~. Such ~~consolidated~~ financial statements and financial statement schedule ~~have~~are ~~been~~incorporated soby ~~incorporated~~reference in reliance upon the reports of such firm given upon their authority as experts in accounting and auditing.

WHERE YOU CAN FIND MORE INFORMATION

We file annual, quarterly and current reports, and other information, with the SEC. The SEC maintains an Internet website at www.sec.gov that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC, including us. Such consolidated financial statements and financial statement schedule have been so incorporated in reliance upon the reports of such firm given upon their authority as experts in accounting and auditing.

INCORPORATION OF CERTAIN INFORMATION BY REFERENCE

The SEC allows us to “incorporate by reference” the information we file with it, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference into this prospectus is an important part of this prospectus. Specifically, we are incorporating by reference the following:

(a)~~the~~The Company’s Annual Report on Form 10-K for the year ended December 31, ~~2022~~2025, filed on ~~April~~March 1131, ~~2023.~~ 2026; and

(b)The Company’s Current Report on Form 8-K filed on April 6, 2026.

Any statement contained in this prospectus or in a document incorporated by reference in this prospectus is deemed to be modified or superseded for purposes of this prospectus to the extent that any of the following modifies or supersedes such statement:

•in the case of a statement in a previously filed document incorporated by reference in this prospectus, a statement contained in this prospectus; or

•a statement contained in any prospectus supplement relating to the offering of ~~Senior Demand Notes~~Debentures.

Any modified or superseded statement will not be deemed to constitute a part of this prospectus or any prospectus supplement, except as modified or superseded. Except as provided by the above-mentioned exceptions, all information appearing in this prospectus and each prospectus supplement hereto is qualified in its entirety by the information appearing in the documents incorporated by reference.

Copies of documents incorporated by reference will be provided without charge upon request to our Corporate Secretary at 135 East Tugalo Street, Post Office Box 880, Toccoa, Georgia 30577, telephone number (706) 886-7571 or (800) 282-0709. You can also access any of these filings free of charge at our website http://www.1ffc.com. Information contained on our website does not constitute part of this prospectus, and you should rely only on the information contained, or specifically incorporated by reference, in this prospectus and any applicable prospectus supplement in deciding whether to invest in Senior Demand Notes. 18

REPORTS TO SECURITY HOLDERS

We make available on our website at http://www.1ffc.com our most recent annual report containing financial information that has been examined and reported upon, with an opinion expressed, by an independent registered public accounting firm, and any more recent quarterly report, once filed with the SEC, containing certain unaudited financial and other information of the Company for the current year. Information contained on our website does not constitute part of, and is not incorporated by reference into, this prospectus, and you should rely only on the information contained, or specifically incorporated by reference, in this prospectus and any applicable prospectus supplement in deciding whether to invest in ~~Senior Demand Notes~~Debentures.

PART II. INFORMATION NOT REQUIRED IN PROSPECTUS

Item 13. Other Expenses of Issuance and Distribution

The expenses to be incurred in the issuance and distribution of the securities being registered hereby are estimated as follows:

Filing Fee - Securities and Exchange Commission	~~$ 90,326~~	$	16,296
State Registration Fees	~~$ 1,000~~	16,000
Legal Fees and Expenses	~~$ 15,000~~	25,000
Accounting Fees	~~$ 5,000~~	7,500
Printing Costs	~~$ 5,000~~	5,000
Advertising	~~$ 17,000~~	24,000
Trustee’s Fees	~~$ 5,500~~	5,500
Postage and Miscellaneous	~~$ 20,000~~	13,000
Total	~~$158,826~~	$	112,296

Item 14. Indemnification of Directors and Officers

~~The~~Set ~~bylaws~~forth ofbelow ~~the~~is ~~registrant~~a ~~(the~~description ~~“Bylaws”)~~of ~~provide~~certain ~~that~~provisions ~~the registrant will indemnify any officer, director, employee or agent~~ of the ~~registrant~~Amended ~~who~~and ~~was~~Restated orArticles isof aIncorporation ~~party or is threatened to be made a party to any threatened, pending or completed action~~ (~~other than an action by or in~~ the ~~right~~“Articles”) ofand the ~~registrant)~~Amended byand ~~reason~~Restated ofBylaws (the ~~fact~~“Bylaws”) ~~that such person is or was a director, officer, employee or agent~~ of the registrant, orand ~~is or was serving at~~ the ~~request~~Georgia ofBusiness ~~the~~Corporation ~~registrant~~Code ~~as a director, officer, employee or agent of another entity against expenses~~ (~~including~~the ~~attorneys’ fees~~“GBCC”), ~~judgments,~~as ~~fines and amounts paid in settlement actually and reasonably incurred by~~ such ~~person~~provisions inrelate ~~connection with such action if such person acted in a manner he reasonably believed~~ to ~~be in or not opposed to~~ the ~~best~~indemnification ~~interests~~ of the ~~registrant,~~directors and, ~~with~~officers ~~respect~~of tothe ~~any criminal action or proceeding, and had no reasonable cause to believe his conduct was unlawful~~registrant. ~~The~~ ~~termination~~This ofdescription ~~any~~is ~~action~~only ~~by judgment, order, settlement or conviction, or upon~~ a ~~plea~~summary ofand ~~nolo~~is ~~contendre~~qualified orin its ~~equivalent,~~entirety ~~shall~~by ~~not,~~reference ~~of itself, create a presumption that a person did not act in a manner which he reasonably believed~~ to ~~be in or not opposed to~~ the ~~best~~Articles ~~interests~~and of the ~~registrant and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful~~Bylaws.

~~The~~Subsection ~~Bylaws~~(a) ~~further~~of ~~provide~~Section ~~that~~14-2-851 of the ~~registrant~~GBCC ~~will~~provides that a corporation may indemnify ~~any~~an ~~person~~individual who ~~was~~is party to a proceeding because he or she is or was a ~~party~~director against liability incurred in the proceeding if: (1) such individual conducted himself or isherself ~~threatened~~in togood befaith; ~~made~~and a(2) ~~party~~such individual reasonably believed (A) in the case of conduct in his or her official capacity, that such conduct was in the best interests of the corporation, (B) in all other cases, that such conduct was at least not opposed to the best interests of the corporation, and (C) in the case of any ~~threatened~~criminal proceeding, ~~pending~~that orthe ~~completed~~individual ~~action~~had byno reasonable cause to believe that such conduct was unlawful. Subsection (b) of Section 14-2-851 of the GBCC provides that a director’s conduct with respect to an employee benefit plan for a purpose he or she believed in good faith to be in the ~~right~~interests of the ~~registrant~~participants toin ~~procure~~and beneficiaries of the plan satisfies the requirement described in subsection (a)(2)(B) of Section 14-2-851 of the GBCC. Subsection (c) of Section 14-2-851 of the GBCC provides that the termination of a proceeding by judgment, inorder, settlement, or conviction, or upon a plea of nolo contendere or its ~~favor~~equivalent byis ~~reason~~not, of itself, determinative that the ~~fact~~director ~~such~~did ~~person~~not ~~was~~meet the standard of conduct described in Section 14-2-851 of the GBCC. Subsection (d) of Section 14-2-851 of the GBCC provides that a corporation may not indemnify a director, ~~officer,~~in ~~employee~~connection with a proceeding by or ~~agent~~in the right of the ~~registrant~~corporation, orexcept for reasonable expenses incurred in connection with the proceeding if it is determined that the director has met the relevant standard of conduct, or in connection with any proceeding with respect to conduct for which he or she was ~~serving~~adjudged atliable on the ~~request~~basis that personal benefit was improperly received by him or her, whether or not involving action in his or her official capacity. Notwithstanding the foregoing, pursuant to Section 14-2-854 of the ~~registrant~~GBCC, asa court may order a corporation to indemnify a director if such court determines, ~~officer~~in view of all the relevant circumstances, ~~employee~~that it is fair and reasonable to indemnify or ~~agent~~advance expenses to the director, even if the director has not met the relevant standard of ~~another~~conduct set forth in subsections (a) and (b) of

entity against expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the registrant. However, no indemnification will be made in respect of any claim, issue or matter as to which such person has been adjudged to be liable for negligence or misconduct in the performance of his duty to the registrant unless and only to the extent that the court in which such action or suit was brought determines that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the court shall deem proper. 20

~~Any~~Section of14-2-851 ~~the foregoing indemnification shall be made by the registrant only as authorized in the specific case upon a determination that indemnification~~ of the ~~person~~GBCC, isfailed ~~proper~~to incomply ~~the~~with ~~circumstances~~Section ~~because~~14-2-853 ~~such person has met the applicable standard~~ of ~~conduct set forth in~~ the ~~Bylaws~~GBCC, ~~unless~~or ~~otherwise~~was ~~ordered~~adjudged byliable in a ~~court. Such~~proceeding ~~determination~~referred ~~will~~to bein ~~made~~paragraph (i1) byor ~~the~~(2) ~~board~~ of ~~directors~~subsection of(d) ~~the registrant by a majority vote~~ of aSection ~~quorum~~14-2-851 ~~consisting~~ of ~~directors~~the ~~who~~GBCC ~~were~~but ~~not parties to such action, or (ii)~~ if ~~such~~the adirector ~~quorum~~was isadjudged ~~not obtainable, or, even if obtainable a quorum of disinterested directors~~ so ~~directs~~liable, ~~by independent legal counsel in a written opinion, or (iii) by~~ the ~~affirmative~~indemnification ~~vote~~shall ofbe alimited ~~majority~~to ofreasonable ~~the~~expenses ~~shares~~incurred ofin ~~stock~~connection ofwith the ~~registrant entitled to vote thereon~~proceeding.

ToSection 14-2-852 of the ~~extent~~GBCC provides that ~~any~~a ofcorporation ~~the~~shall ~~foregoing~~indemnify ~~persons~~a isdirector who was wholly successful, on the merits or otherwise, in the defense of anany ~~action,~~proceeding ~~such~~to ~~person~~which ~~will~~he beor ~~indemnified~~she was a party because he or she was a director of the corporation against reasonable expenses incurred by ~~such~~the ~~person~~director in connection ~~therewith~~with the proceeding.

~~The~~Section ~~registrant~~14-2-857 ~~reserves~~of the ~~right~~GBCC toprovides ~~advance~~that ~~sums~~a ~~for~~corporation ~~the~~may ~~defense~~indemnify ofand ~~any action in~~ advance ofexpenses ~~the~~to ~~final~~an ~~disposition~~officer of ~~such action provided that~~ the ~~registrant~~corporation ~~receives~~who ~~from~~is ~~the~~a ~~person~~party ~~requesting the advance an undertaking~~ to ~~repay~~a ~~any~~proceeding ~~sums~~because ~~unless~~he itor she is ~~determined~~an ~~that~~officer ~~such~~of ~~person~~the iscorporation ~~entitled~~ to bethe ~~indemnified~~same extent as ~~provided~~a ~~in the Bylaws~~director.

The ~~indemnification~~Articles ~~provided~~provide bythat ~~the~~no ~~Bylaws~~director isor ~~not~~officer ~~exclusive~~ of ~~any~~the ~~other~~registrant ~~rights,~~will inbe ~~respect~~personally ofliable ~~indemnification~~to the registrant or ~~otherwise,~~its toshareholders ~~which~~for ~~those~~monetary ~~seeking~~damages ~~indemnification~~for ~~may~~breach beof ~~entitled~~the ~~under~~duty ~~any~~of ~~Bylaw~~care or ~~resolution~~other ~~approved~~duty byas ~~the~~a ~~affirmative~~director ~~vote~~or ofofficer, ~~the~~except ~~holders~~for liability: (1) for any appropriation, in violation of ahis ~~majority~~or her duties, of ~~the~~any ~~shares~~business opportunity of the registrant; ~~entitled~~(2) tofor ~~vote~~acts ~~thereon~~or ~~taken~~omissions atwhich involve intentional misconduct or a ~~meeting~~knowing violation of the ~~notice~~law; of(3) ~~which~~for ~~specified~~unlawful ~~that~~distributions ~~such~~under ~~Bylaw~~14-2-832 of the GBCC; or ~~resolution~~(4) ~~would~~for beany ~~placed~~transaction ~~before~~from which the ~~shareholders~~director ofreceived ~~the~~an ~~registrant~~improper personal benefit.

The Bylaws provide that, subject to Section 14-2-857 of the GBCC, officers of the registrant will be indemnified by the registrant, so long as the officer acted in good faith and with ordinary care. Any officer indemnification will be limited to proceedings that are directly related to or have arisen out of the officer’s acts on behalf of the registrant.

The registrant has the power to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the registrant, or is or was serving at the request of the registrant as a director, officer, employee or agent of another entity against any liability asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not the registrant would have the power to indemnify him against such liability under the provisions of the Bylaws.

If any expenses or other amounts are paid by way of indemnification, otherwise than by court order or action by the shareholders of the registrant or by an insurance carrier pursuant to insurance maintained by the registrant, the registrant will, not later than the next annual meeting of shareholders (unless such meeting is held within three months from the date of such payment) and, in any event, within 15 months from the date of such payment, send by first class mail to its shareholders of record at the time entitled to vote for the election of directors a statement specifying the persons paid, the amounts paid, and the nature and status at the time of such payment of the litigation or threatened litigation.

Item 15. Recent Sales of Unregistered Securities

In the ordinary course of its business and to assist in the funding of its day-to-day operations involving, primarily, the making of consumer loans and first and second mortgage loans, the registrant makes periodic sales of certain of its securities which are exempt from the registration provisions of the Securities Act of 1933, as amended (the “Act”). None of such sales during the past three years involved any underwriters, and all such sales were effected directly by executive officers of the registrant.

~~such~~Within ~~sales in~~ the past three years, ~~have~~the ~~involved,~~registrant oroffered ~~have~~and ~~been~~sold ~~made~~approximately ~~through,~~$3.9 ~~any~~billion ~~underwriters,~~of ~~and~~securities ~~all~~to ~~such~~investors ~~sales~~meeting ~~were~~certain ~~made~~minimum investment qualifications pursuant to the exemption from the federal securities regulation requirements provided by ~~executive~~Section ~~officers~~3(a)(3) of the ~~registrant~~Act.

Within the past three years, the registrant offered and sold approximately $ 3.2 billion of securities to investors meeting certain minimum investment qualifications pursuant to the exemption from the federal securities regulation requirements provided by Section 3(a)(3) of the Act.

Item 16. Exhibits and Financial Statement Schedules

3.	(a)	Restated Articles of Incorporation as amended January 26, 1996 (incorporated by reference to Exhibit 3(a) to Form 10-K for the year ended December 31, 1995)
	(b)	Bylaws (incorporated by reference to Exhibit 3(b) to Form 10-K for the year ended December 31, 1995).
4.	(a)	Indenture dated October 31, 1984, between the Company and The First National Bank of Gainesville, Trustee (incorporated by reference to Exhibit 4(a) to Amendment No. 1 to the Registration Statement on Form S-2 dated April 24, 1998, File No. 333-47515).
	(b)	Form of Senior Demand Note (incorporated by reference to Exhibit 4(b) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on July 1, 2011, File No. 333-173685).
	(c)	Form of Overdraft Protection Agreement, Security Agreement and Assignment (incorporated by reference to Exhibit 4(c) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on July 1, 2011, File No. 333-173685).
	(d)	Form of Senior Demand Note Check Redemption Agreement (incorporated by reference to Exhibit 4(d) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on July 1, 2011, File No. 333-173685).
	(e)	Form of Check (incorporated by reference to Exhibit 4(e) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on July 1, 2011, File No. 333-173685).
	(f)	Indenture dated October 31, 1984, between the registrant and The First National Bank of Gainesville, Trustee (incorporated by reference to Exhibit 4(a) to Amendment No. 1 to the Registration Statement on Form S-2, dated April 24, 1998, File No. 333-47515).
	(g)	Form of Series 1 Variable Rate Subordinated Debenture (incorporated by reference to Exhibit 4(b) to Amendment No. 3 to the Registration Statement on Form S-2 dated November 14, 2005, File No. 333-126589).
	(h)	Agreement of Resignation, Appointment and Acceptance dated as of May 28, 1993 between the registrant, The First National Bank of Gainesville and Columbus Bank and Trust Company (incorporated by reference to Exhibit 4(c) to the registrant’s Post-Effective Amendment No. 1 to the registration statement on Form S-2, filed with the SEC on June 8, 1993, File No. 33-49151).

	(i)	Modification of Indenture, dated March 30, 1995, by and among Columbus Bank and Trust Company, Synovus Trust Company and the Company (incorporated by reference to Exhibit 4(b) to the Company’s Form 10-K for the year ended December 31, 1994, filed with the SEC on March 31, 2005, File No. 002-27985).
		3.	(a)	Amended and Restated Articles of Incorporation, as amended March 26, 2024 (incorporated by reference to Exhibit 3.1 to the Company’s Form 8-K/A filed with the SEC on April 19, 2024).
	(j)	Second Modification of Indenture dated December 2, 2004 by and between Synovus Trust Company and the Company (incorporated by reference to Exhibit 4(e) to the Registration Statement on Form S-2 dated July 14, 2005, filed with the SEC on July 14, 2005, File No. 333-126589).
			(b)	Amended and Restated Bylaws (incorporated by reference to Exhibit 3.2 to the Company's Form 8-K/A filed with the SEC on April 19, 2024).
	(k)	Third Modification of Indenture dated March 26, 2010 by and between U.S. Bank National Association and the Company (incorporated by reference to Exhibit 4(h) to the Company’s Form 10-K for the year ended December 31, 2009, filed with the SEC on March 30, 2010, File No. 002-27985).
		4.	(a)	Indenture dated October 31, 1984, between the Company and The First National Bank of Gainesville, Trustee (incorporated by reference to Exhibit 4(a) to Amendment No. 1 to the Registration Statement on Form S-2 dated April 24, 1998, File No. 333-47515).
	(l)	Tri-party Agreement by and among the Company, Synovus Trust Company and U.S. Bank National Association (incorporated by reference to Exhibit 4(i) to the Company’s Form 10-K for the year ended December 31, 2009, filed with the SEC on March 30, 2010, File No. 002-27985).
			(b)	Form of Series 1 Variable Rate Subordinated Debenture (incorporated by reference to Exhibit 4(b) to Amendment No. 3 to the Registration Statement on Form S-2 dated November 14, 2005, File No. 333-126589).
	(m)	Fourth Modification of Indenture dated March 26, 2010 by and between U.S. Bank National Association and the Company (incorporated by reference to Exhibit 4(j) to the Company’s Form 10-K for the year ended December 31, 2009, filed with the SEC on March 30, 2010, File No. 002-27985).
			(c)	Agreement of Resignation, Appointment and Acceptance dated as of May 28, 1993 between the Company, The First National Bank of Gainesville, and Columbus Bank and Trust Company (incorporated by reference to Exhibit 4(c) to the Company’s Post-Effective Amendment No. 1 to the Registration Statement on Form S-2 dated June 8, 1993, File No. 33-49151).
	(n)	Form of Series 1 Variable Rate Subordinated Debenture (incorporated by reference to Exhibit 4(b) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173684).
			(d)	Modification of Indenture, dated March 30, 1995, by and among Columbus Bank and Trust Company, Synovus Trust Company and the Company (incorporated by reference to Exhibit 4(b) to the Company’s Form 10-K for the year ended December 31, 1994).
5.	Opinion of Counsel Regarding Validity
			(e)	Second Modification of Indenture dated December 2, 2004 by and among Synovus Trust Company and the Company (incorporated by reference to Exhibit 4(e) to the Registration Statement on Form S-2 dated July 14, 2005, File No. 333-126589).
10.	(a)	Amended and Restated Loan and Security Agreement, dated as of November 19, 2019, by and among the Company, Wells Fargo Bank, N.A., as Agent for the lenders, and other financial institutions from time to time party thereto (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on November 22, 2019).
			(f)	Form of Indenture by and between the Company and U.S. Bank National Association (incorporated by reference to Exhibit 4(a) to the Company’s Registration Statement on Form S-1 dated December 27, 2007, File No. 333-148331).
	(b)	First Amendment to Amended and Restated Loan and Security Agreement, dated as of August 17, 2020, by and among the Company, Wells Fargo Bank, N.A., as agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on August 19, 2020).
			(g)	Third Modification of Indenture dated March 26, 2010 by and between U.S. Bank National Association and the Company (incorporated by reference to Exhibit 4(h) to the Company’s Form 10-K for the year ended December 31, 2009).
	(c)	Second Amendment to Amended and Restated Loan and Security Agreement, dated as of March 25, 2021, by and among the Company, Wells Fargo Bank, N.A., as Agent for the lenders, and other financial institutions from time to time party thereto (incorporated by reference to the Company's Form 10-K filed with the SEC on March 31, 2022).
			(h)	Tri-party Agreement by and among the Company, Synovus Trust Company and U.S. Bank National Association (incorporated by reference to Exhibit 4(i) to the Company’s Form 10-K for the year ended December 31, 2009).
	(d)	Third Amendment to the Amended and Restated Loan and Security Agreement, dated as of November 17, 2021, by and among the Company, Wells Fargo Bank, N.A. as Agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10(d) to the Company's Form 8-K filed with the SEC on November 19, 2021).

	(e)	Fourth Amendment to the Amended and Restated Loan and Security Agreement, dated as of November 7, 2022, by and among the Company, Wells Fargo Bank, N.A. as Agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10(d) to the Company's Form 8-K filed with the SEC on November 14, 2022).
	(f)	Director Compensation Summary Term Sheet. * (incorporated by reference to Exhibit 10(f) to the Company’s annual report on Form 10-K for the year ended December 31, 2022, filed with the SEC on April 11, 2023). **
	(g)	Form of the Company’s 2023 Executive Bonus Plan. (incorporated by reference to Exhibit 10(g) to the registrant’s annual report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 31, 2023). **
21.	Subsidiaries of the Company (incorporated by reference to Exhibit 21 to the Company’s Form 10-K for the year ended December 31, 2010, filed with the SEC on March 30, 2011, File No. 002-27985).
23.	(a)	Consent of Independent Registered Public Accounting Firm.
	(b)	Consent of Counsel (included in Exhibit 5).
24.	Power of attorney (included on signature page hereto).
25.	Form T-1 as to the eligibility and qualification of U.S. Bank National Association, Trustee, under the Indenture between the registrant and U.S. Bank National Association. *
107	Filing Fee Table.

**Management contract or compensatory plan or arrangement.


	(i)	Fourth Modification of Indenture dated March 26, 2010 by and between U.S. Bank National Association and the Company (incorporated by reference to Exhibit 4(j) to the Company’s Form 10-K for the year ended December 31, 2009).

	(j)	Form of Series 1 Variable Rate Subordinated Debenture (incorporated by reference to Exhibit 4(b) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173684).

	(k)	Form of Indenture by and between the Company and U.S. Bank National Association as of April 3, 2008 (incorporated by reference to Exhibit 4(a) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173685).

	(l)	Form of Senior Demand Note (incorporated by reference to Exhibit 4(b) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173685).

	(m)	Form of Overdraft Protection Agreement, Security Agreement and Assignment (incorporated by reference to Exhibit 4(c) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173685).

	(n)	Form of Senior Demand Note Check Redemption Agreement (incorporated by reference to Exhibit 4(d) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173685).

	(o)	Form of Check (incorporated by reference to Exhibit 4(e) to Pre-Effective Amendment No. 2 to Registration Statement on Form S-1, filed with the SEC on June 30, 2011, File No. 333-173685).

5.	Opinion of Counsel Regarding Validity

10.	(a)	Amended and Restated Loan and Security Agreement, dated as of November 19, 2019, by and among the Company, Wells Fargo Bank, N.A., as Agent for the lenders, and other financial institutions from time to time party thereto (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on November 22, 2019).

	(b)	First Amendment to Amended and Restated Loan and Security Agreement, dated as of August 17, 2020, by and among the Company, Wells Fargo Bank, N.A., as agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on August 19, 2020).


						(c)			Second Amendment to Amended and Restated Loan and Security Agreement, dated as of March 25, 2021, by and among the Company, Wells Fargo Bank, N.A., as Agent for the lenders, and other financial institutions from time to time party thereto (incorporated by reference to the Company's Form 10-K filed with the SEC on March 31, 2022).

						(d)			Third Amendment to the Amended and Restated Loan and Security Agreement, dated as of November 17, 2021, by and among the Company, Wells Fargo Bank, N.A. as Agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10(d) to the Company's Form 8-K filed with the SEC on November 19, 2021).

						(e)			Fourth Amendment to the Amended and Restated Loan and Security Agreement, dated as of November 7, 2022, by and among the Company, Wells Fargo Bank, N.A. as Agent for the lenders, and other financial institutions party thereto (incorporated by reference to Exhibit 10(d) to the Company's Form 8-K filed with the SEC on November 14, 2022).

						(f)			Director Compensation Summary Term Sheet. * (incorporated by reference to Exhibit 10(j) to the Company’s annual report on Form 10-K for the year ended December 31, 2025 , filed with the SEC on March 31, 2026 ). **

						(g)			Form of the Company’s 2025 Executive Bonus Plan * (incorporated by reference to Exhibit 10(m) to the Company’s Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026).**

						(h)			Fifth Amendment to Amended and Restated Loan and Security Agreement, dated as of May 12, 2023, by and among the Company, Wells Fargo Bank, N.A., as agent for the lenders, and the other financial institutions from time to time party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on May 16, 2023).

						(i)			Sixth Amendment to Amended and Restated Loan and Security Agreement, dated as of December 27, 2023, by and among the Company, Wells Fargo Bank, N.A., as agent for the lenders, and the other financial institutions from time to time party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on January 4, 2024).

						(j)			Seventh Amendment to Amended and Restated Loan and Security Agreement, dated as of April 1, 2024, by and among the Company, Wells Fargo Bank, N.A., as agent for the lenders, and the other financial institutions from time to time party thereto (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on April 3, 2024).



	(k)	Loan and Security Agreement, dated December 6, 2024, by and among the Company and BMO Bank N.A., as agent for the lenders, and the other financial institutions party thereto (incorporated by reference to Exhibit 10.1 to the Company's Form 8-K filed with the SEC on December 11, 2024).
	(l)	First Amendment to Loan and Security Agreement, dated as of December 23, 2025, by and among the Company, the guarantors party thereto, BMO Bank N.A., as agent for the lenders, and the other financial institutions party thereto (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on December 29, 2025).
	(m)	Master Independent Contract and Mutual Non-Disclosure Agreement, dated as of June 1, 2025, between the Company and Briand Gyomory (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on June 2, 2025).**
	(n)	F orm of Subordinated Note (incorporated by reference to Exhibit 10.2 to the Company’s Form 8-K filed with the SEC on December 29, 2025).
21.	Subsidiaries of the Company (incorporated by reference to Exhibit 21 to the Company's Form 10-K for the year ended December 31, 2010, filed with the SEC on March 30, 2010, File No. 002-27985.

23.	1	Consent of Independent Registered Public Accounting Firm.
	2	Consent of Counsel (included in Exhibit 5).

24.	Power of attorney (included on the signature page hereto).

25.	Form T-1 as to the eligibility and qualification of U.S. Bank National Association, Trustee, under the Indenture between the registrant and U.S. Bank National Association.

107.	Filing Fee Table.

** Management contract or compensatory plan or arrangement.

Item 17. Undertakings

	The undersigned registrant hereby undertakes:
(1)	To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (i) to include any prospectus required by section 10(a)(3) of the Securities Act of 1933; (ii) to reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; (iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.
(2)	That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

The undersigned registrant hereby undertakes:

(3)	To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(4)	If the registrant is a foreign private issuer, to file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A. of Form 20-F at the start of any delayed offering or throughout a continuous offering. Financial statements and information otherwise required by Section 10(a)(3) of the Act need not be furnished, provided that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph (a)(4) and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial statements. Notwithstanding the foregoing, with respect to registration statements on Form F-3, a post-effective amendment need not be filed to include financial statements and information required by Section 10(a)(3) of the Act or Rule 3-19 of this chapter if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Form F-3.
(5)	That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:
	(i) If the registrant is relying on Rule 430B (§ 230.430B of this chapter):
	1.Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and
	B. Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date; or
	ii. If the registrant is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
(6)	That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (i) to include any prospectus required by section 10(a)(3) of the Securities Act of 1933; (ii) to reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to

i. Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424; ii. Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant; iii. The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and iv. Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser. 25

Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Filing Fee Tables” in the effective registration statement; (iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.

(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(4) If the registrant is a foreign private issuer, to file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A of Form 20-F at the start of any delayed offering or throughout a continuous offering. Financial statements and information otherwise required by Section 10(a)(3) of the Act need not be furnished, provided that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph (a)(4) and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial statements. Notwithstanding the foregoing, with respect to registration statements on Form F-3, a post-effective amendment need not be filed to include financial statements and information required by Section 10(a)(3) of the Act or Item 8.A of Form 20-F if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Form F-3.

(5) That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:

i. If the registrant is relying on Rule 430B:

A. Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

B. Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is

part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date; or

ii. If the registrant is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.

(6) That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

i. Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

ii. Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;

iii. The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and

iv. Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Toccoa, State of Georgia, on the ~~20th~~8th day of ~~April~~May ~~2023~~2026.

1st FRANKLIN FINANCIAL CORPORATION

/s/ ~~Virginia~~Jerry CJ. ~~Herring~~Harrison, Jr

~~______________________________________________~~______________________________________

~~Virginia~~Jerry CJ. ~~Herring~~Harrison, Jr

~~President and~~ Chief Executive Officer

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints ~~Virginia~~Jerry CJ. ~~Herring~~Harrison, Jr. and ~~Brian~~Jenna JC. ~~Gyomory~~Hood, and each of them, his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and re-substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, to this regulation statement, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents and each of them, full power and authority to do and perform each and every act and filing requisite and necessary to be done, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying an confirming all that each of said attorneys-in-fact and agents or their substitute or substitutes may lawfully do or cause to be done by a virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated:

Signatures	Title	Date
/s/ Ben F. Cheek, IV
(Ben F. Cheek, IV)	Chairman of Board	April 20, 2023
/s/ Ben F. Cheek, III
(Ben F. Cheek, III)	Chairman Emeritus	April 20, 2023
/s/ Virginia C. Herring
(Virginia C. Herring)	Director, President and Chief Executive Officer	April 20, 2023
/s/ Brian J. Gyomory
(Brian J. Gyomory)	Executive Vice President and Chief Financial Officer	April 20, 2023
/s/ A. Roger Guimond
(A. Roger Guimond)	Director	April 20, 2023
/s/ James H. Harris, III
(James H. Harris, III)	Director	April 20, 2023
/s/ Jerry J. Harrison, Jr.
(Jerry J. Harrison, Jr.)	Director	April 20, 2023
/s/ Donata Ison
(Donata Ison)	Director	April 20, 2023
/s/ John G. Sample, Jr.
(John G. Sample, Jr.)	Director	April 20, 2023
/s/ C. Dean Scarborough
(C. Dean Scarborough)	Director	April 20, 2023
/s/ Keith D. Watson
(Keith D. Watson)	Director	April 20, 2023

Signatures

Title

Date

/s/ Ben F. Cheek, IV

(Ben F. Cheek, IV)

Vice Chairman of Board

May 8, 2026

/s/ Virginia C. Barrett

(Virginia C. Barrett)

Chairman of the Board, Chief Culture Officer

May 8, 2026

/s/ David W. Cheek

(David W. Cheek)

Director

May 8, 2026

/s/ Jenna C. Hood

(Jenna C. Hood)

Executive Vice President and Chief Financial Officer

May 8, 2026

/s/ A. Roger Guimond

(A. Roger Guimond)

Director

May 8, 2026

/s/ Jerry J. Harrison, Jr.

(Jerry J. Harrison, Jr.)

Director, Chief Executive Officer

May 8, 2026

/s/ Donata Ison

(Donata Ison)

Director

May 8, 2026

/s/ Sharon Mancero

(Sharon Mancero)

Director

May 8, 2026

/s/ John G. Sample, Jr.

(John G. Sample, Jr.)

Director

May 8, 2026

/s/ Sheryl Smith

(Sheryl Smith)

Director

May 8, 2026

/s/ Keith D. Watson

(Keith D. Watson)

Director

May 8, 2026

Filing Compare · 1st FRANKLIN FINANCIAL CORP