Consumer and Business Alert: W-2 Phishing Scams
Tax season is upon us, and with it comes new scams affecting both business owners and employees. Read more about the W-2 phishing scams below. Dangerous W-2 Phishing Scam Evolving; Targeting Schools, Restaurants, Hospitals, Tribal Groups and Others IRS: Scam Blends...
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...
Consumer Alert: Bill Payment Scam
The FTC alerts consumers of an alarming new trend: scammers posing as a government agency that pays monthly bills in exchange for an upfront payment. These scammers particularly target African American church communities. There is no government program that requests a...
Consumer Alert: Employment Scams Target College Students
Starting off your career path is a stressful time for everyone, even without having to deal with the potential scams that flood the entry level job market. Scammers have been known to target college students specifically by posting on college job listing websites or...
In Support of Working Families
Guest Column by Southern Bancorp, Inc. CEO Darrin Williams Originally published in the Arkansas Democrat-Gazette. It’s no secret that Arkansas has struggled with the issue of generational poverty for decades. We’ve become accustomed to lists and statistics...
Customer Alert: Yahoo customer service scam
January 3, 2017 by Andrew Johnson Consumer Education Specialist, FTC Need to contact Yahoo customer care? There are a few ways to do so — but, Yahoo warns that phone is not an option. That’s right: any phone number you come across in an internet search, claiming to...
There’s an app for that (but it might be fake) – Consumer Alert from the FTC
By: Ari Lazarus Consumer Education Specialist, FTC Reposted from: https://www.consumer.ftc.gov/blog/theres-app-it-might-be-fake As more and more consumers are shopping with mobile apps, fraudsters are following the money. There are fake phone apps popping up that...
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.
