Policy Points 45: Southern Bancorp Community Partners IDA Program
A Solid Tool For Investment The Southern family of companies is committed to moving people out of poverty and onto the path toward wealth creation and financial stability. We believe that asset development is a key component to wealth building, as it is one of the...New York Post: How America is fighting back against predatory lending
By Salena Zito CLEVELAND, MISS. — It was such an easy trap to fall into. All Jennifer Williams needed was an extra $100 to make it to her next paycheck. Back in 2006, she had just started teaching at the local high school and money was tight. The then-24-year-old knew...Free Credit Repair Mini-Clinics in November
This November, get your credit back on track at Southern Bancorp Community Partners’ free Credit Repair Mini-Clinics. Certified counselors will discuss the process of fixing minor credit report errors, such as: incorrect personal information, addresses, and...
Southern Bancorp Community Partners awarded $2 million by U.S. Treasury Department’s CDFI Fund
Southern Bancorp Community Partners (SBCP) has been awarded $2 million, the maximum available under the Financial Assistance program of the U.S. Treasury’s CDFI Fund.
Turning Tax Time into Savings Time
When it comes to tax time, it’s probably safe to assume that most folks aren’t thinking about savings. But that’s exactly what we at Southern Bancorp had on our mind in 2016 when we unveiled the Split, Save and Win sweepstakes aimed at encouraging people to save a...
Southern Bancorp Community Partners talks Split, Save and Win! at Savings and Education panel
Southern Bancorp Community Partners COO, Karama Neal, (second from left) was a presenter at the St. Louis Fed’s recent panel, What It’s Worth: Building more financially prosperous Arkansans through savings and education. The event was sponsored by the St. Louis...
Southern Bancorp Community Partners COO, Karama Neal discusses rural economic vitality at Rural Housing conference
Washington, DC – Southern Bancorp Community Partners COO Karama Neal served as a panelist at a national conference focused on rural housing. The Future of Rural Communities: Implications for Housing, was hosted by the Federal Reserve Bank of St. Louis and the...
Into the Light: A Survey of Arkansas Borrowers Seven Years after State Supreme Court Bans Usurious Payday Lending Rates
In 2009, the last Arkansas payday loan store closed for business. At the industry’s peak, three years earlier, payday lenders operated 275 stores across the Natural State. Arkansans Against Abusive Payday Lending (AAAPL – www.stoppaydaypredators.org), a...