In the News
Southern Bancorp’s Jennifer Williams Promoted to Senior VP and Regional Deposit Operations Director of Central Region
Blytheville, Ark. – Southern Bancorp has announced the promotion of Jennifer Williams to Senior Vice President and Regional Deposit Operations Director of the Central Region. In her new role, Williams will oversee the deposit operations for all of the branches in the...
Southern Bancorp Closes on Premier Bank of Arkansas Acquisition
For Immediate Release ARKADELPHIA, ARK – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced that it has closed on its acquisition of FCB Financial Services, Inc. and its wholly...
Southern Bancorp, Inc. Announces Agreement to Acquire Premier Bank of Arkansas
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 FCB Financial Services, Inc. and its...
Southern Bancorp’s Carrah Grandi Promoted to Assistant Vice President
Hernando, Miss. – Southern Bancorp today announced the promotion of Carrah Grandi to Assistant Vice President. Grandi focuses on consumer lending in the DeSoto County market, and has been with Southern Bancorp since 2010. “Carrah is a true asset to both our...
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...
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...
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...