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
The community development efforts of Delta Southern Bank, a Community Development Financial Institution based in Ruleville, Mississippi, continues with additional grants for the revitalization of downtown Ruleville and downtown Drew, Mississippi.
October 8th, 2004
Southern Development Bancorporation of Arkadelphia will receive a $1.8 million equity grant to help the bank acquire additional branches to provide housing, business and consumer lending in the Mississippi Delta region, the state’s Democratic Congressional delegation announced Thursday.
U.S. Sens. Blanche Lincoln and Mark Pryor and U.S. Reps. Mike Ross and Marion Berry announced more than $1.8 million in grants provided by the U.S. Treasury Departmentâ€™s Community Development Financial Institutions Fund. The money is aimed at providing assistance to low-income, rural areas of the state.