Southern Bancorp Announces Leadership Promotions
James “Jimbo” Boyd Jr. named Executive Credit Officer; Donald “Jeff” Frazier named Regional CEO ————————————— -LITTLE ROCK, ARK. – Southern Bancorp today announced two executive level...Southern Bancorp, Inc. awarded $1 million by U.S. Treasury Department’s CDFI Fund
Award will allow Southern to extend and increase financial development services and high impact lending in economically-distressed markets Little Rock, Ark. – Southern Bancorp, Inc., a bank holding company working alongside Southern Bancorp Bank, one of the nation’s...Southern Bancorp closes on Farmers Bank acquisition
Southern Bancorp, Inc. officially welcomed Farmers Bank of Hamburg into the Southern Bancorp family last week by closing on the acquisition announced in January. The community development financial institution and holding company for Southern Bancorp Bank had then...Southern Bancorp Receives America Saves Designation of Savings Excellence
Today the Consumer Federation of America awarded Southern Bancorp the America Saves Designation of Savings Excellence recognizing Southern’s efforts to promote savings in its markets during America Saves Week 2017, a national initiative that supported the savings...Southern Bancorp to Acquire Farmers Bank in Hamburg, Ark.
Acquisition is part of plan to grow services in financially underserved communities in the Mid-South Arkadelphia, Ark. – Southern Bancorp, Inc., a Community Development Financial Institution (“CDFI”) and holding company for Southern Bancorp Bank, today announced it...Southern Bancorp Community Partners awarded $2 million by U.S. Treasury Department’s CDFI Fund
Southern Bancorp Community Partners (SBCP) has been awarded $2 million, the maximum available under the Financial Assistance program of the U.S. Treasury’s CDFI Fund.