Senior Demand Note Check Redemption Agreement Sample Contracts
SENIOR DEMAND NOTE CHECK REDEMPTION AGREEMENTSenior Demand Note Check Redemption Agreement • July 1st, 2011 • 1st FRANKLIN FINANCIAL CORP • Personal credit institutions
Customer Agreement: I hereby elect to use the checking redemption option of the Senior Demand Note (the “Note”) issued by 1st Franklin Financial Corporation (the “Company”). I understand that to utilize the checking redemption option and the other services provided hereby, I must maintain a “Minimum Investment Balance” with the Company of $500 and be bound by the terms of the Agreement. I have read the terms and provisions of the Note and understand that the Note is not a deposit and is not insured by any Federal or state agency. Additionally, I have read the following provisions of this Agreement and as evidenced by my signature below, I agree thereto.
