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Southern Bancorp’s Jeremy Hurst Promoted to Market Manager
Hurst will oversee lending operations in three of Southern Bancorp’s markets HERNANDO, Miss. – Southern Bancorp Bank today announced the promotion of Jeremy Hurst to Market Manager. Hurst has been with Southern Bancorp, a Community Development Financial Institution...
Sharing Money Advice as a Mom
By Charlestien Harris Mother’s Day is a special day set aside to honor the mother of the family unit, as well as motherhood and the maternal bond. Mothers have a great responsibility and influence in the dynamics of the family and in the decision-making process...
Understanding the Function of the FDIC
By Charlestien Harris If you’ve been following the national banking news lately, you’ve probably heard a lot of talk about FDIC insurance, and you might even be wondering about your own deposits. To answer some of those questions, my article this month...
Financial Literacy: Debt Collection Rules and Regulations
By Charlestien HarrisI am still trying to get as much factual information as I can to consumers, because what you don’t know can harm you – despite the old adage that says, “What you don’t know won’t hurt you.” Not knowing critical information can possibly do great...
Financial Literacy: Borrowing Basics
By Charlestien Harris With National Homeownership Month coming up in June, many consumers may have the notion of borrowing money on their minds. Financial literacy is an important topic, and I want to expand the knowledge of the consumer by explaining the process of...
Business Basics: Types of Business Structures
By Charlestien Harris When you decide to start a new business, choosing the right structure is an important decision to make early on. The one you choose can affect things like the company’s taxes, your personal liability, and how you must operate your business....
Southern Bancorp, Inc., Southern Bancorp Community Partners awarded nearly $10 Million to support lending and investments in financially underserved communities
Funds are part of $1.7B in awards to 603 Community Development Financial Institutions across the country through the CDFI Equitable Recovery Program LITTLE ROCK, ARK. – The U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund has awarded...
Should I Buy Now and Pay Later?
By Charlestien Harris Since we are celebrating the month of April as National Financial Literacy Month, I decided to talk about a topic that is picking up momentum in the consumer financial arena. The financial model of “Buy Now and Pay Later” is taking the financial...