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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...
March into Developing Saving as a Habit
By Charlestien Harris Daylight saving time arrives on Sunday, March 12, 2023, at 2 a.m., the practice of moving clocks forward one hour during the summer months, to be eventually changed backward one hour during the fall. Daylight saving time always begins on the...
Southern Bancorp Community Partners Names Wonda London Community Inclusion Lender for Little Rock
LITTLE ROCK, ARK. – Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI), today announced Wonda London as its newest Community Inclusion Lender. SBCP is the nonprofit arm of Southern Bancorp, Inc.,...
March into College with Money Sense
By Charlestien Harris It is never too early to start thinking about money, especially if you are planning to attend college this summer or the coming fall. This is definitely the time of year that high school students usually learn whether or not they have been...
Philander Smith, Southern Bancorp Successfully Wrap Inaugural Innovation Challenge for Local Students
Two-day ‘Champions of Change Challenge’ tasked Philander students to solve a real-world problem with innovative solutions for $5,000 worth of prizes Photo Gallery | Video | Website LITTLE ROCK, ARK. – On Feb. 11 and 15, in the heart of Black History Month and...
The Importance of Knowing Your Correct Tax Filing Status
By Charlestien Harris Tax season can sometimes be one that most people do not look forward to! I think mainly because it can be time-consuming and confusing, and a lot of people are not good with numbers or keeping organized records during the year. But, one thing is...