Southern Bancorp receives $45 million New Markets Tax Credit allocation

Nov 7, 2022 | News, Press Releases

LITTLE ROCK, ARK. – The U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund announced it has awarded $5 billion in New Markets Tax Credit (NMTC) awards to 107 Community Development Entities or CDEs from across the nation. These CDEs will...

6 Financial Tips to Survive a Recession

Sep 23, 2022 | Blog, Financial Fitness

By: Charlestien Harris Maintaining your finances can be overwhelming and stressful even when the economy is in favorable condition. Everyday expenses, work, and family obligations can demand our immediate attention, but it is just as important to also spend time on a...

Southern Bancorp to Finance Community Development Space in Hattiesburg

Sep 23, 2022 | News, Press Releases, Southern Bancorp Community Partners

HATTIESBURG, MISS. – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI), today announced its involvement in the Calico Station development, a forthcoming community gathering place in downtown Hattiesburg. A groundbreaking event was held on...

How to Create a Spending Plan for College

Jul 29, 2022 | Blog, Financial Fitness

By: Charlestien Harris So, you have graduated from high school. Congratulations! Many of you are now college bound, which means leaving the family nest for the first time and becoming responsible for your financial well-being. College means paying for tuition and...