Washington, DC – Southern Bancorp Community Partners COO Karama Neal served as a panelist at a national conference focused on rural housing. The Future of Rural Communities: Implications for Housing, was hosted by the Federal Reserve Bank of St. Louis and the USDA-Rural Development.
Neal represented Southern on the Rural Economic Vitality panel, speaking about the CDFI’s role in supporting rural economies,including increasing rural access to capital to encourage responsible home buyers and entrepreneurs – two of Southern’s primary target areas, as well as understanding the unique economic challenges facing rural communities.
“Economic stability is generational,” said Neal. “And understanding that is critical to our….
Southern Bancorp and Southern Bancorp Community Partners, both CDFIs, are working together in communities throughout the Mid-South to create generational change that creates economic opportunity by encouraging families to save, promoting responsible home ownership and assisting entrepreneurs in creating jobs. Learn more by visiting BankSouthern.com.
