Tools for Success
Credit and Savings
As one of our favorite television action heroes said, “Knowing is half the battle!” Having a strong, basic understanding of your finances can put you on the right path to financial freedom, and Southern Bancorp’s financial trainers and materials is a strong first step.
To start, download our free financial education brochure, Keys to Financial Success. This valuable brochure is a step-by-step guide to improving your financial know-how. It covers topics ranging from setting financial goals, understanding your credit history, creating budgets and more. You can also stop by your nearest Southern Bancorp branch to pick up a copy.
We also offer convenient online financial education courses through our partner, eHome Money, which can be access via the link below.
If you’re ready for something more in depth, Southern Bancorp also offers financial education courses taught by our experienced counselors who will walk you through these topics and answer your personal financial questions. Contact us today to find the nearest Southern Bancorp Financial Education course.
The quality of your credit can impact your life in a lot of ways. From borrowing money for school to buying a home to getting a job, your credit matters. Southern’s certified credit counselors are available to not only teach you how to establish or rebuild your credit, but also help you put that knowledge into action.
Some of the covered topics include:
- Understanding your credit score and history
- How to review your credit score annually for free.
- How to correct errors and omissions on your credit report
- Best practices for paying down debts and paying bills.
If you’re ready to get your credit back on track and working for you, contact us today to find the nearest Southern Bancorp Credit Counselor and make an appointment.
Free Tax Preparation
For over ten years, Southern Bancorp has participated in the IRS sponsored Volunteer Income Tax Assistance Program, also known as VITA. The program provides free tax filing assistance for income-eligible taxpayers from IRS trained and certified Southern Bancorp volunteers. During tax season, taxpayers may contact one of Southern Bancorp’s VITA sites to make an appointment.
Southern Bancorp views savings as a key component to financial health, which is why taxpayers may also choose to participate in Southern’s Split, Save and Win contest, which encourages individuals to save a portion of their refund by splitting the total amount into two separate accounts. Each week during tax season, a participant’s name is drawn for a weekly prize, and at the end of tax season, a $1,000 grand prize is awarded.
To learn more about VITA, visit BankSouthern.com/VITA for qualification guidelines, refund and credit information, VITA locations, taxpayer resources, and Split, Save, and Win rules and information.
Home Buying Resources
Home Buyer Counseling
From first-time homebuyers to seasoned veterans, the home buying process can be intimidating. Southern Bancorp’s Home Buying Counselors can help you at every step from getting your credit straight and your paperwork in order to understanding the mortgage process. Topics may include:
- Money management
- Understanding credit
- Shopping for a home
- Getting a mortgage loan
- Keeping your home and managing finances
We also offer convenient online home buyer education courses through our partner, eHome Money which can be access via the link below. Courses are available in English and Spanish.
Contact us today to speak with a Home Buying Counselor and schedule an appointment.
Home Buying Tools
When it comes to buying a home, preparation is key. Answering key questions such as, “How much house can I afford?” or “How much will my loan cost?” and “What will my mortgage payment be?” can help you better prepare for the journey ahead. Click on the links below to answer some of these questions.
Resources for Entrepreneurs
Southern Bancorp is committed to supporting entrepreneurs in our communities. In addition to hosting our own community entrepreneurial training events, we work with a strong community of entrepreneurial trainers to provide counseling to business owners just starting out as well as those seasoned veterans looking to grow and expand. Contact us today to learn about entrepreneurial training near you.
Southern Bancorp offers a variety of lending options for start-ups and established businesses alike. From start-up capital to operating capital and construction and equipment loans, we have the right loan to fit your needs. Contact us today to speak with a lender about what options are right for you.
The Learning Center
We believe that the tools for building a strong financial future should be accessible to all, which is why Southern and Southern Bancorp Community Partners created a free financial resource center that puts the power of learning in your hands. The Learning Center includes dozens of toolkits from trusted sources on a variety of subjects. Use them to teach a class, counsel a friend, or just improve your own financial knowledge. The choice is yours!
Visit the Learning Center on Southern Bancorp Community Partner’s website and browse through a variety of subjects including budgeting, credit management, homeownership, small business practices, and more!