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Giachelli will lead the bank’s operations in five Mississippi markets, including its newly opened Canton branch and forthcoming Gluckstadt location


Greenville, Miss. – Southern Bancorp Bank today announced the promotion of Jason Giachelli to Division President. Giachelli has been with Southern Bancorp, a Community Development Financial Institution (CDFI), since 2007, most recently serving as a Market President in the bank’s Central Region, which includes locations in Arkansas and Mississippi.

“Jason has been a huge asset to Southern Bancorp and is truly committed to our mission of being wealth builders for everyone,” said Jeff Frazier, Central Region CEO. “He goes above and beyond to get our customers on the path to economic opportunity, and I look forward to the impact he will make throughout the Central Region as Division President.”

A native of Washington County, Giachelli has nearly two decades of experience in the financial industry. His banking career began at Southern Bancorp in 2007 as a personal banker, and he has since worked his way up through various roles, including commercial lender, branch manager, City President, and his most recent position of Market President. In 2019, he received the bank’s Dorothy Stuck Empowerment Award, which is given annually to a mission-focused, community-minded, and vision-oriented Southern Bancorp employee.

In his new role of Division President, Giachelli will oversee the CDFI’s operations in Canton, Madison, Hattiesburg, and Picayune, Miss., as well as its forthcoming Gluckstadt location, which is slated to open in Spring/Summer 2024.

Giachelli is an alum of Delta State University, where he earned a Bachelor of Business degree in Finance. He has also graduated from a number of banking schools in the Mid-South, including the Mississippi School of Banking, the Commercial Lending School in Little Rock, the Southeastern School of Commercial Lending at Vanderbilt University, and the Graduate School of Banking at Louisiana State University.

About Southern Bancorp
Founded in 1986 by some of the nation’s leading political, business, and philanthropic leaders with an initial investment of $10 million, Southern Bancorp, Inc., along with its development partners – Southern Bancorp Bank and Southern Bancorp Community Partners – has grown into a $2.6 billion asset organization with 56 locations serving 65,000 customers across two states. Southern Bancorp has a unique array of financial products and services designed to help individuals at all stages of life’s financial journey – from teaching kids how to save to helping entrepreneurs and families realize the American Dream. Southern Bancorp is a certified Community Development Financial Institution, certified B-Corp, and proud member of the Global Alliance for Banking on Values. Learn more at and