Oct 28, 2010 | News
Bank deposits in Arkansas grew by more than 4 percent – officially, almost 5 percent – in the year that ended on June 30 and exceeded $50 billion for the first time, the Federal Deposit Insurance Corp.’s annual summary of deposits shows.
A few banks in the state benefited from merger and acquisition activity. Southern Bancorp Bank of Arkadelphia, for instance, is now the 15th-largest bank in Arkansas after collapsing the charters of sister banks in West Helena and Blytheville.
Oct 19, 2010 | News
Southern Bancorp of Arkadelphia was the recipient of Entergy Corporation’s Making Things Brighter award presented at the Low-Income Advocates Leadership & Community Development Conference recently in Little Rock. The award is given in recognition of individuals and organizations who work on behalf of the poor and, in the eyes of their peers, exemplify the values of self-sacrifice, dedication and the desire to help those in need.
Sep 27, 2010 | News
The Sunflower River weir project has received sufficient funding now that all of the interested parties have come on board.
Mac Crank, executive director of Clarksdale Revitalization, Inc., told the Clarksdale Board of Mayor and Commissioners Sept. 13 that the Delta Bridge Project is providing a $150,000 grant and Southern Bancorp has agreed to appropriate some $39,000 to complete the weir project.
Sep 1, 2010 | News
The long-awaited Boys Girls Club of Clark County will open its doors September 7th, thanks to funding from local and state sources totaling $700,000 over five years.
Establishment of a Boys Girls Club for Clark County has been a long-standing goal of the Clark County community and specifically the Clark County Strategic Plans Leadership Development Subcommittee. The 9,000 square foot club building is located on the Goza Middle School campus next to the school’s gym and computer labs. Arkadelphia Public Schools also has committed funds to hire a teacher to work with students after school.
Aug 27, 2010 | News
A Crime Task Force that brings together the Helena-West Helena Police Department, Phillips County Sheriff’s Office and Arkansas State Police are seeking community support to make their plans for a substation in downtown Helena.
Joe Black, president of Southern Bancorp Capital Partners (SBCP), an affiliate of Southern Bancorp, who’s been ardently involved in promoting tourism, said crime is a deterrent to the growth of tourism and the task force and creation of a police substation has been one of his more pressing goals.
Aug 20, 2010 | News
The long-awaited Boys & Girls Club of Clark County will open its doors Sept. 7, thanks to funding from local and state sources totaling $700,000 over five years.
Establishment of a Boys & Girls Club for Clark County has been a long-standing goal of the Clark County community and specifically the Clark County Strategic Plan’s Leadership Development Subcommittee.
Aug 12, 2010 | News
Recognizing that Helena and Clarksdale, Miss. have a lot in common in terms of their heritage, history, and music, Delta business and professional leaders gathered here Wednesday to devise a strategy to enhance tourism and economic development for the sister cities.
The midday session at the Delta Cultural Center’s Depot was arranged through Southern Financial Partners with Joe Black as senior vice president.
Aug 5, 2010 | News
This month, the Little Rock branch of the Federal Reserve Bank reopened – not to service bank customers, but students. The e-Stem High Public Charter School started its semester last Monday in two newly-renovated buildings listed on the National Register of Historic Places.
But that’s nothing new for this innovative school. Two years ago, they chose a former newspaper building as their first campus. The downtown school quickly had a waiting list of over 1,000 students, which was far more than they could accommodate.
Southern Bancorp CDC, which has provided renovation assistance and financing to other public schools, bought the old Federal Reserve Bank in 2009 and is now leasing the building to e-Stem Public Charter Schools. Despite mechanical and plumbing obstacles, the building’s proximity, historic finishes, and ability to be renovated to fit current educational needs made it a perfect fit for e-Stem’s expansion.
Aug 5, 2010 | News
Jeff Frazier has joined Southern Bancorp-DeSoto County as senior lender. Frazier joins Southern with 29 years of banking experience, most recently serving in several executive positions at Community Bank, North Mississippi.
Frazier previously held several top-level positions at Trustmark National Bank in DeSoto County and Jackson, and also served as a bank examiner for the U.S. Comptroller of the Currency.
Jul 22, 2010 | News
LeAnn Lambers, marketing director for Southern Bancorp, talks with concerned Poinsett County citizens on July 15 at the Trumann mayor’s office regarding at July 19 trip to Helena-West Helena to see what the bank has done in the community. The bank has worked to assist the community in economic development. Community members would like to see the implementation of such an economic development plan in Poinsett County.
Southern Bancorp has played a large role in assisting Helena-West Helena with economic development. They want to do the same for Poinsett County.
