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)...
May 17, 2021 | News, Press Releases
ARKADELPHIA, ARK – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced that it has closed on its acquisition of DeWitt First Bankshares Corporation and its wholly owned...
Feb 19, 2021 | News, Press Releases, Southern Bancorp Community Partners
LITTLE ROCK – Southern Bancorp Bank, a wholly owned subsidiary of Southern Bancorp, Inc. and one of the nation’s largest community development banks, is partnering with Southern Bancorp Community Partners (SBCP), a 501(c)(3) development finance organization and loan...
Jan 21, 2021 | 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 DeWitt First Bankshares Corporation...
Jan 12, 2021 | News, Press Releases
Left to right: Colby Brock, Marliz Murguia and Ki Hartsfield. LITTLE ROCK, ARK – Southern Bancorp’s Glenwood team has grown by three with the recent additions of Executive Vice President of Commercial Lending Ki Hartsfield and Consumer Lenders Colby Brock and Marliz...
Jan 12, 2021 | News, Press Releases
LITTLE ROCK, ARK. – Southern Bancorp today announced the promotion of Thomas “Hunter” Deweese to SBA (Small Business Administration) President after previously serving as Senior SBA Agricultural Lending Officer for the Community Development Financial Institution. In...
Dec 15, 2020 | 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) announced today that it has received a $2 million gift from philanthropist MacKenzie Scott. SBCP serves economically...