Jan 31, 2022 | News, Press Releases
For Immediate Release Arkadelphia, Ark. – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced it has entered into a merger agreement to acquire FCB Financial Services, Inc. and its...
Jan 12, 2022 | News, Press Releases
LITTLE ROCK, AR – Southern Bancorp, Inc. today announced the addition of two new key members to the Community Development Financial Institution’s (CDFI) leadership team, Kenya Davenport as the organization’s Chief of Staff, and Will Lambe, as Chief Strategy Officer....
Dec 14, 2021 | News, Press Releases
Washington, D.C. – Vice President Kamala Harris and United States Treasury Secretary Janet Yellen today announced that 186 Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) are now eligible to receive more than $8.7...
Dec 8, 2021 | News, Press Releases, Southern Bancorp Community Partners
LITTLE ROCK, Ark. – After a nation-wide search, Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI) headquartered in Arkansas, has announced the hiring of Anthony Young as its next president. Young...
Sep 28, 2021 | News, Press Releases
The Arkansas-based CDFI is one of 14 banks to receive investments from the nation’s largest financial institution Little Rock, Ark. – JPMorgan Chase, the nation’s largest financial institution, today announced that Southern Bancorp, Inc., an Arkansas-based Community...
Sep 16, 2021 | Darrin Williams, News, Press Releases
LITTLE ROCK, ARK. – The White House has announced the appointment of nine individuals, including Southern Bancorp, Inc. CEO Darrin Williams, to the 15-member board that advises the Community Development Financial Institutions (CDFI) Fund and its director. “I am...
Sep 3, 2021 | News, Press Releases
Allocation among $5 billion in credits awarded by CDFI Fund LITTLE ROCK, ARK. – Southern Bancorp Bank has been selected by the Community Development Financial Institutions Fund (CDFI Fund) to receive $50 million in New Markets Tax Credits (NMTC) to attract private...
Aug 4, 2021 | News, Press Releases
LITTLE ROCK, ARK. – Southern Bancorp today announced the promotion of Jason Giachelli to Market President. He previously served as City President in Greenville, leading operations there and in surrounding areas. In Giachelli’s new role, he will be leading bank...
Jun 24, 2021 | News, Press Releases, Southern Bancorp Community Partners
LITTLE ROCK, ARK – Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI), recently announced the hiring of Charlton Seward as Director of Lending. In this role, Seward will lead SBCP’s lending...
Jun 10, 2021 | News, Press Releases
Little Rock, Ark. – Square, Inc. announced this week the allocation of $25 million as part of its $100 million investment to minority and underserved communities. Southern Bancorp, Inc., one of the nation’s original Community Development Financial Institutions (CDFIs)...
