Southern Bancorp receives $45 million New Markets Tax Credit allocation
LITTLE ROCK, ARK. – The U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund announced it has awarded $5 billion in New Markets Tax Credit (NMTC) awards to 107 Community Development Entities or CDEs from across the nation. These CDEs will...
Southern Bancorp Names Anthony Webb President of Jackson, Miss. Area Markets
JACKSON, MISS. – Southern Bancorp Bank, a Community Development Financial Institution, today announced a new addition to its growing leadership team in Mississippi. Anthony Webb has been named Jackson Metro City President, a market that makes up one of the state’s...
Southern Bancorp Community Partners Names Ralph Brown New Chief Lending Officer
LITTLE ROCK, ARK. – Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI), today announced the hiring of Ralph Brown as its new Chief Lending Officer. SBCP is the nonprofit arm of Southern Bancorp,...
Southern Bancorp to Finance Community Development Space in Hattiesburg
HATTIESBURG, MISS. – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI), today announced its involvement in the Calico Station development, a forthcoming community gathering place in downtown Hattiesburg. A groundbreaking event was held on...Collaboration Between Southern Bancorp and Aaron E. Henry Community Health Services Recognized in New York City by Clinton Global Initiative
(Clarksdale, Miss.) — A collaboration between Southern Bancorp and Aaron E. Henry Community Health Services (AEH) has been recognized as a 2022 Commitment to Action by the Clinton Global Initiative (CGI.) The two organizations will partner in a two-year pilot...
Manuel Grays Promoted to City President of Southern Bancorp’s Ruleville Market
RULEVILLE, MISS. – Southern Bancorp Bank today announced the promotion of Manuel Grays to City President of the bank’s Ruleville market. Grays has been with Southern Bancorp, a Community Development Financial Institution (CDFI), since 2006, most recently serving as...
Southern Bancorp’s Jennifer Williams Promoted to Senior VP and Regional Deposit Operations Director of Central Region
Blytheville, Ark. – Southern Bancorp has announced the promotion of Jennifer Williams to Senior Vice President and Regional Deposit Operations Director of the Central Region. In her new role, Williams will oversee the deposit operations for all of the branches in the...
Southern Bancorp Closes on Premier Bank of Arkansas Acquisition
For Immediate Release ARKADELPHIA, ARK – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced that it has closed on its acquisition of FCB Financial Services, Inc. and its wholly...