1st Franklin Financial Corporation

213 E. Tugalo St.
Toccoa, GA 30577 (Map)
Phone: 706-886-7571
Fax: 706-886-7953
Toll Free: 800-282-0709
http://www.1ffc.com

Overview

Benjamin Franklin was known for doling out sage financial advice to "common folk." Today, 1st Franklin Financial is known for doling out direct cash loans and first and second home mortgages to a similar demographic. Secured direct cash loans make up the lion's share (more than 85%) of the company's loan portfolio. 1st Franklin Financial also buys and services sales finance contracts from retailers and offers credit insurance to borrowers. The firm operates through around 250 branch offices in the Southeast. Chairman and CEO Ben Cheek III and his family own more than 90% of the company.

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Key Numbers from Hoover's UK

Key financials for 1st Franklin Financial Corporation

Company Type Private
Fiscal Year-End December
2008 Sales (mil.) £95.7
1-Year Sales Growth 6.4%
2008 Net Income (mil.) £7.4
1-Year Net Income Growth (12.6%)
2008 Employees 1,113
1-Year Employee Growth 5.3%
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Key People from Hoover's UK

Key people and executives for 1st Franklin Financial Corporation

Chairman and CEO Ben F. Cheek III
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President Virginia C. Herring
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EVP and COO J. Michael Culpepper
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Top competitors of 1st Franklin Financial Corporation

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Industry Information from Hoover's UK

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