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Coahoma County

Phil Baldwin to retire as president and CEO of Southern Bancorp soon

January 4th, 2011

ARKADELPHIA- Southern Bancorp Inc’s board of directors and Phil Baldwin, president and CEO, today announced Baldwin’s intention to retire from the organization after a transition to new management.

Walter Smiley, chairman of the SBI board of directors, will serve as chairman and interim CEO of Southern Bancorp, Inc., the holding company for SBI’s community development bank and nonprofit affiliates. Scott Fife has been promoted to president and CEO of Southern Bancorp Bank, a wholly owned subsidiary of SBI. Tanya Wright will continue to serve as group president of SBI heading up the SBI nonprofit affiliates.

Delta Bridge Project moves to next stage

December 15th, 2010

The Delta Bridge Project moves into its next phase of strategy sessions Jan. 19 when Coahoma County citizens meet to delve into the finer points of the five goals set forth at the DBP kickoff in October.

“It’s time to begin peeling back the layers and get into the nitty gritty,” Joe Black, president of Southern Bancorp’s Capital Partners, told citizens who met last Thursday in the Clarksdale Civic Auditorium .

Black reiterated that the $800,000 already invested into the DBP to boost Coahoma County including $150,000 toward the Sunflower River weir project came from private investment – not through some government grants.

Delta Bridge Planners Set

December 3rd, 2010

The Delta Bridge Project’s Strategic Community Plan for Coahoma County rolls into its next phase with a series of meetings next week at Jonestown and Clarksdale.

“In November you expressed your thoughts. Come hear those ideas you and your fellow citizens shared,” Lois McMurchy, senior development officer for Southern Bancorp and the project coordinator, said Wednesday.

The meeting schedule is as follows: Dec. 8, 5:30-7 p.m. at the Timothy Burrel Center in Jonestown, 1:30 p.m. Dec. 9 and 5:30 p.m. at the Clarksdale Civic Auditorium.

The pros and cons about Coahoma County were outlined during breakout sessions conducted at Jonestown and Clarksdale Nov. 11. Fredalyn Frasier, vice president for AECOM Design and Planning at Atlanta, gathered the data from those sessions to prepare information for next week’s sessions.

Planning begins for Delta

November 17th, 2010

The Delta Bridge Project is finally getting down to the nitty gritty as area business and professional leaders gathered this past week to outline many of Coahoma County’s assets, liabilities and potential for growth.

“We’ve been talking about it. We need to get started,” Joe Black told a crowd of about 100 gathered Thursday afternoon in the Clarksdale Civic Auditorium.

Black, president of Southern Bancorp’s Capital Partners, and Joe Webb, Northwest Mississippi Regional Medical Center’s chief operating officer, presided at the strategy sessions. Webb is serving as chairman of the Delta Bridge Project’s steering committee.

Congressman Thompson Announces $710,900 in Sustainable Communities funds to Coahoma County

November 2nd, 2010

BOLTON, MISSISSIPPI – Today, United States Representative Bennie G. Thompson (D-MS) announced The United States Department of Housing & Urban Development has awarded $710,900 to Southern Bancorp Capital Partners of Helena, Arkansas to build on momentum for the neighboring Coahoma County, Mississippi by developing a detailed, sophisticated plan for revitalizing the physical and economic infrastructure of the County, including housing, transportation, natural resources, and water systems. The Sustainable Communities planning process will follow on the heels of the county-wide strategic planning process that is currently underway, and will involve stakeholders and members of the general public developing a more detailed, in-depth plan for the areas covered by the Sustainable Communities program.

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