Making Waves Magazine in Canada
“Southern Bancorp, or ‘Southern’, is a bank holding company and development organization in Arkansas. We use capital and credit in distressed rural areas to create new investment patterns not just in business, but in training, housing,and health.
By means of an array of for profit and nonprofit affiliates and subsidiaries, Southern had applied that strategy for ten years in rural Arkansas. So it was with some confidence in 1998 that we acquired First Bank of the Delta (in Helena, Arkansas) and Delta Southern Bank (in Ruleville, Mississippi) and extended Southern’s full array of development services into what is known as the Delta region of the Mississippi River…”