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.
December 27th, 2010
Best Educational Development II
The Ross Foundation and Southern Bancorp, both of Arkadelphia, announced in November that current seniors and future graduates of Arkadelphia High School who are eligible for Arkansas lottery-funded scholarships will have the balance of their college tuition and fees paid by the new Arkadelphia Promise Scholarship. Last week, Southern Bancorp’s Delta Bridge Project announced a $263,000, three-year matching grant to establish the Great River Promise Scholarship program to help graduates of high schools in Phillips County to attend Phillips Community College of the University of Arkansas.
Best Vote of Confidence
In February, the W.K. Kellogg Foundation of Battle Creek, Mich., announced that it would send $11 million to Southern Bancorp of Arkadelphia to further its mission of revitalizing the Mississippi Delta. But the money didn’t come in the form of a traditional grant. Instead, the foundation made a $5 million equity investment in the rural development bank company itself and deposited an additional $6 million.
December 27th, 2010
It occurred to me that it would be easier to make resolutions for others to consider in 2011 rather than make them for myself and suffer through another year of failure to follow through.
Here are some suggestions:
- Business leaders across the state should resolve to acknowledge the extraordinary leadership of Claiborne Deming and Murphy Oil Corp. of El Dorado and Ross Whipple and Southern Bancorp of Arkadelphia. The El Dorado Promise and the Arkadelphia Promise, both of which fund a college education for high school graduates in those cities, will change generations of families and keep those communities competitive for economic growth. And last week Southern Bancorp’s Delta Bridge Project planted the seed of the Great River Promise for student in Phillips County.
December 21st, 2010
The Great River Promise college scholarship program for Phillips County, Arkansas, high school graduates has been established with a $263,000, three-year matching grant, the Delta Bridge Project announced today. The Great River Promise provides gap scholarship funding for graduates of high schools in Phillips County to attend Phillips Community College of the University of Arkansas (PCCUA). Students are eligible to receive Great River Promise scholarships after exhausting all other scholarship and financial aid programs first—including programs such as federal Pell Grants and the Arkansas Academic Challenge Scholarship, but excluding loans. The Great River Promise pays the difference between whatever students receive in scholarships and financial aid and the cost of tuition and mandatory fees at PCCUA. To receive Great River Promise scholarships, students must attend four years at any Phillips County high school; graduate with a high school diploma; be accepted as a student at PCCUA and enroll in the fall semester after graduation; achieve a 95 percent attendance and punctuality record over the four years of high school; and have no drug or drunken driving offenses.
December 21st, 2010
Close on the heels of the announcement that Arkadelphia High School students will be eligible for a community-funded scholarship, and not too many years after the announcement of the El Dorado Promise, comes the announcement of the Great River Promise Scholarship for students in Phillips County.
We received the following press release just moments ago, and as you read it, we urge you to consider the ease with which Columbia County could create a similar scholarship program for our own youth. With Southern Arkansas University right here in Magnolia, and several outstanding two-year schools in neighboring communities, we think there’s no time like the present for Columbia County to jump on board the scholarship train.
Read on for the press release from Phillips County to get the details of the scholarship program for their students.
HELENA-WEST HELENA, Ark.—The Great River Promise college scholarship program for Phillips County, Arkansas, high school graduates has been established with a $263,000, three-year matching grant, the Delta Bridge Project announced today.