February 2nd, 2010
GREENVILLE — For people who make $49,000 a year or less, Southern Bancorp will prepare their federal and state returns for free.
The Leland and Greenville branches has set special hours for Saturday, 10 a.m. to 3 p.m., and Leland branch manager Ashley Zepponi said those who want to take advantage of the offer does not have to be a bank customer.
January 21st, 2010
In the rural Mississippi Delta region, many banks are turning away from individuals, small businesses and communities, depriving them of basic financial services and access to capital. But one regional bank is stepping forward with an ambitious goal: to cut poverty and unemployment in half while doubling graduation rates in underserved communities. Since 1988, Southern Bancorp has funded more than $1.7 billion in development loans in the Delta. These investments have transformed rural economies by creating new trends for investment in people, jobs, businesses and property.
January 8th, 2010
Following the holiday season and as cold, wintry weather settles in, many Arkansans find themselves facing tough financial situations. Entergy Arkansas, Inc. is offering help to customers whose income may be stretched.
Approximately 20 to 25 percent of Entergy’s 2.7 million customers need government assistance to survive. The latest poverty report released by the U. S. Census showed that the number of Americans living in poverty was the highest since 1997. The four states that Entergy serves were in the top nine with the highest statewide poverty rates. Arkansas ranked fifth.
December 15th, 2009
The Southern Good Faith Fund issued a call Monday for the state to find more money to help match low-income Arkansans’ college savings.
Mike Leach, the fund’s public policy director, said the “Aspiring Scholars” program is growing and the current state funds aren’t enough to sustain the matches.
December 14th, 2009
The Aspiring Scholars Matching Grant Program showed a successful first year helping Arkansans save for college, according to a report released today by Southern Good Faith Funds Public Policy program.
Aspiring Scholars was authorized by the Arkansas Legislature under Act 597 of 2007. The program offers an incentive, in the form of a savings match, for low- and moderate-income Arkansas families to save for their childrens’ college education using the GIFT College Investment Plan. The GIFT Plan is Arkansas 529 college savings plan.