Feb 24, 2021 | Blog, Safety Tips
The recent winter weather caused millions of people to have issues with their water and heat. Sadly, but not surprisingly, scam artists are using this unfortunate situation to steal money and personal financial information. The Federal Trade Commission is warning...
Feb 19, 2021 | News, Press Releases, Southern Bancorp Community Partners
LITTLE ROCK – Southern Bancorp Bank, a wholly owned subsidiary of Southern Bancorp, Inc. and one of the nation’s largest community development banks, is partnering with Southern Bancorp Community Partners (SBCP), a 501(c)(3) development finance organization and loan...
Feb 18, 2021 | Blog, Financial Fitness
By Charlestien Harris This has been a very difficult year for many people when it comes to finances, especially for homeowners. Foreclosures and bankruptcies are two financial events that can have a really adverse effect on your credit. Trying to avoid both of those...
Feb 11, 2021 | Blog, Financial Fitness
By Charlestien Harris You may not be aware, but the IRS Form W-4 has changed. A W-4 form provides information to your employer so that they can determine how much to withhold from your paychecks. This will ensure that the IRS collects federal income tax from you in an...
Feb 4, 2021 | Blog, Financial Fitness
By Charlestien Harris Many homeowners were able to take advantage of the forbearance option available through the CARES ACT provisions enacted by congress. Forbearance is a type of temporary mortgage relief that was very instrumental in helping borrowers keep...
Jan 28, 2021 | Blog, Financial Fitness
By Charlestien Harris The past year has been quite different financially for numerous reasons, and starting the new year off right is so vital to the success of your financial future. The present economic climate has in some ways forced many of us to make some major...
Jan 22, 2021 | Blog, Safety Tips
By Veronica Baxter According to credit agency Equifax, identity theft is the most common form of financial fraud. A victim’s personal information is stolen in order to access existing credit and bank accounts and to open new credit accounts. This article will explain...
Jan 21, 2021 | Blog, Financial Fitness
By Charlestien Harris It’s that time again, tax preparation season. The IRS’s Volunteer Income Tax Assistance program offers free basic tax return preparation to qualified individuals. The VITA program has operated for over 50 years, offering free tax help...
Jan 21, 2021 | News, Press Releases
For Immediate Release Arkadelphia, Ark. – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced it has entered into a merger agreement to acquire DeWitt First Bankshares Corporation...
Jan 15, 2021 | Blog, Financial Fitness
By Charlestien Harris Few people realize that nursing home residents are eligible to receive the Economic Impact Payment or the stimulus payment commonly known as EIP. During the first round of EIP checks, payments were issued to the taxpayers who filed a 2019...
