Southern Bancorp is excited to be selected as a Finalist for the Second Annual Empowerment Awards by Promontory Financial Groups. This group focuses on empowerment through innovative financial tools, and recognizes Southern specifically for the expansion of our Workplace-Based Financial Wellness Partnership, which offers responsible banking services and educational outreach to individuals starting new jobs in the Mississippi Delta area.
Excerpt:
“The Empowerment Awards recognize projects that provide or encourage access to safe, fair financial services in underserved communities.
Innovations in financial technology have the potential to improve financial stability and create opportunities for families and communities across the country. By sharing best practices and lessons learned, we hope to inspire and support a new breed of innovators using technology to foster growth where it is most needed.
We were heartened by the enthusiastic response to the awards in their inaugural year, and by the growth of the program in 2015. The number of applicants more than doubled — profound evidence of the many creative and practical products and services bringing responsible finance to communities that stand to benefit greatly from them. And, as with last year, the engagement by the community development financial institutions (CDFIs) was noteworthy. Their communal interest is proof that the awards are as much about collaboration as they are about competition.”
Learn about the other finalists here:
2015 Promontory Empowerment Awards