Our counselors can help you:
-
Understand your credit score and history
-
Review your credit report
-
Correct errors and omissions on your credit report
-
Pay down debts and bills
-
Build or rebuild your credit score
Learn More About Credit
Southern Bancorp Expands Leadership Team
LITTLE ROCK, AR – Southern Bancorp, Inc. today announced the addition of two new key members to the Community Development Financial Institution’s (CDFI) leadership team, Kenya Davenport as the organization’s Chief of Staff, and Will Lambe, as Chief Strategy Officer....
Southern Bancorp Eligible for a $237.5 Million Investment Through Treasury Department’s Emergency Capital Investment Program
Washington, D.C. – Vice President Kamala Harris and United States Treasury Secretary Janet Yellen today announced that 186 Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) are now eligible to receive more than $8.7...
Southern Bancorp Community Partners Announces Anthony Young As New President
LITTLE ROCK, Ark. – After a nation-wide search, Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI) headquartered in Arkansas, has announced the hiring of Anthony Young as its next president. Young...
How Credit Utilization Affects Your Credit Score
If you’ve been reading my column for any time now, you know how important your credit score can be. You also might know that there are several factors that affect how your score is formulated. Today, we’re going to talk about one of them – credit utilization – and...
Quick Tips on Writing a Hardship Letter
The COVID-19 pandemic has affected nearly everyone on the planet to some degree. And while the economic impacts have been severe for people across the spectrum, those who were struggling even before it began have been hit especially hard. Reduced hours, lay-offs, or...
Southern Bancorp, Inc. receives JPMorgan Chase investment as part of company’s $100 million commitment to minority-led financial institutions
The Arkansas-based CDFI is one of 14 banks to receive investments from the nation’s largest financial institution Little Rock, Ark. – JPMorgan Chase, the nation’s largest financial institution, today announced that Southern Bancorp, Inc., an Arkansas-based Community...
Top Ten Signs of Debt Overload
In all areas of life, there are warning signs that tell us when something is wrong, and the same can be said for our financial life. According to financial experts, nearly 80% of Americans are in debt. That means about 8 in 10 Americans have some form of consumer...
White House Appoints Southern Bancorp, Inc. CEO Darrin Williams to Community Development Advisory Board
LITTLE ROCK, ARK. – The White House has announced the appointment of nine individuals, including Southern Bancorp, Inc. CEO Darrin Williams, to the 15-member board that advises the Community Development Financial Institutions (CDFI) Fund and its director. "I am...
Southern Bancorp Bank receives $50 million New Markets Tax Credit Award
Allocation among $5 billion in credits awarded by CDFI Fund LITTLE ROCK, ARK. – Southern Bancorp Bank has been selected by the Community Development Financial Institutions Fund (CDFI Fund) to receive $50 million in New Markets Tax Credits (NMTC) to attract private...
