In the News
Southern Bancorp Bank receives $50 million New Markets Tax Credit Award
Allocation among $5 billion in credits awarded by CDFI Fund LITTLE ROCK, ARK. – Southern Bancorp Bank has been selected by the Community Development Financial Institutions Fund (CDFI Fund) to receive $50 million in New Markets Tax Credits (NMTC) to attract private...
Southern Bancorp’s Jason Giachelli Promoted to Market President
LITTLE ROCK, ARK. – Southern Bancorp today announced the promotion of Jason Giachelli to Market President. He previously served as City President in Greenville, leading operations there and in surrounding areas. In Giachelli’s new role, he will be leading bank...
Southern Bancorp Community Partners Welcomes New Director of Lending
LITTLE ROCK, ARK - Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI), recently announced the hiring of Charlton Seward as Director of Lending. In this role, Seward will lead SBCP’s lending...
Southern Bancorp, Inc. receives investment from Square, Inc. as part of the company’s $100 million commitment to minority and underserved communities
Little Rock, Ark. – Square, Inc. announced this week the allocation of $25 million as part of its $100 million investment to minority and underserved communities. Southern Bancorp, Inc., one of the nation’s original Community Development Financial Institutions (CDFIs)...
Southern Bancorp, Inc. Closes on Arkansas County Bank Acquisition
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 DeWitt First Bankshares Corporation and its wholly owned subsidiary,...
BadCredit.org Highlights Southern Bancorp’s Credit and Counseling Services
Southern Bancorp organizations were recently recognized by BadCredit.org for their products and services that help underserved communities build wealth. Southern Bancorp, Inc. , a bank holding company, works in tandem with Southern Bancorp Bank and Southern Bancorp...
Southern Bancorp Organizations Promote America Saves Week
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...
Southern Bancorp, Inc. Announces Agreement to Acquire Arkansas County Bank
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...
Southern Bancorp’s Glenwood Team Grows by Three
Left to right: Colby Brock, Marliz Murguia and Ki Hartsfield. LITTLE ROCK, ARK – Southern Bancorp’s Glenwood team has grown by three with the recent additions of Executive Vice President of Commercial Lending Ki Hartsfield and Consumer Lenders Colby Brock and Marliz...
Southern Bancorp’s Thomas ‘Hunter’ Deweese Promoted to SBA President
LITTLE ROCK, ARK. – Southern Bancorp today announced the promotion of Thomas “Hunter” Deweese to SBA (Small Business Administration) President after previously serving as Senior SBA Agricultural Lending Officer for the Community Development Financial Institution. In...