June 21st, 2005
Phillip N. Baldwin, president and CEO of Southern Bancorp (Southern), announced today that three rural communities (Elaine, Arkansas and Lula and Lambert, Miss.) will be the collective beneficiaries of a $20,000 grant provided by Southern’s Small Cities Technical Assistance Program.
June 13th, 2005
A nearly $1 million, 10-unit condominium complex for people with developmental disabilities opened in Arkadelphia last week.
June 17th, 2002
Press Release – June 17, 2002
Physicians, hospitals and other health care providers in Arkansas have received more than $8.8 million in loans to improve access to health care in rural, medically underserved areas of Arkansas through the Arkansas Rural Health Revolving Loan Fund (RLF).
Because of the success and significant impact of the RLF, the Robert Wood Johnson Foundation (RWJF) has committed another $500,000 grant to the loan fund.
March 13th, 2002
Press Release – March 13, 2002
Southern Financial Partners (SFP) has received a $160,000 grant from the U.S. Department of Agriculture’s Rural Development.
The grant will be used to capitalize a loan fund that will help finance businesses in thirteen counties in eastern Arkansas creating new jobs and providing access to over $1 million in capital to the economically distressed region.
February 6th, 2002
Press Release – February 6, 2002
Southern Financial Partners received a $200,000 grant and a $1 million loan from the Winthrop Rockefeller Foundation. Southern Financial Partners (“SFP”) is a non-profit affiliate of Southern Development Bancorporation.
Southern Financial Partners provides lending services, financial training and technical assistance to small businesses in rural Arkansas and Mississippi to stimulate economic growth.