Southern in the News

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Building Communities. Changing Lives.

The 2015 Annual Report is here!

View as PDF What’s inside: A Message from the CEO Southern’s Approach to Economic Change Ten Year Goals Housing, Jobs, and Savings Margin + Mission Financials Governing Boards Shareholders

USA Today Cites Southern Bancorp Research on Payday Lending

USA Today cited Southern Bancorp’s recent study of payday lending in Arkansas, Into the Light: A Survey of Arkansas Borrowers Seven Years after State Supreme Court Bans Usurious Payday Lending Rates, in a recent editorial on the Consumer Financial Protection Bureau proposed rules concerning the payday lending industry. The article, Will payday lending rules pay […]

Southern Bancorp Community Partners COO, Karama Neal discusses rural economic vitality at Rural Housing conference

google.com 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 […]

Into the Light: A Survey of Arkansas Borrowers Seven Years after State Supreme Court Bans Usurious Payday Lending Rates

In 2009, the last Arkansas payday loan store closed for business. At the industry’s peak, three years earlier, payday lenders operated 275 stores across the Natural State. Arkansans Against Abusive Payday Lending (AAAPL – www.stoppaydaypredators.org), a coalition of forty (40) organizations including Southern Bancorp Community Partners (SBCP), played a key role in raising awareness about […]

Jennifer Johnson new Policy Director for Southern Bancorp Community Partners

Southern Bancorp Community Partners Names New Policy Director Jennifer Johnson to lead organization’s federal, state and regulatory efforts Little Rock – Southern Bancorp Community Partners (SBCP), a 501(c)(3) financial development and lending partner of Southern Bancorp, has announced the hiring of Jennifer Johnson as the organization’s new Director of Public Policy. Johnson will lead Southern’s […]

Arkansan named to Chronicle of Philanthropy’s Inaugural 40 Under 40 List

Dominik Mjartan, CEO of Southern Bancorp Community Partners, included in list of young national leaders Little Rock, Ark. – The Chronicle of Philanthropy, the nation’s leading philanthropic publication, last week unveiled its inaugural 40 Under 40 List of “Young leaders who are solving the problems of today – tomorrow.” Arkansas’ own Dominik Mjartan, CEO of […]

Southern Bancorp: Finalist in Empowerment Awards by Promontory Financial Group

Southern Bancorp is excited to be selected as a Finalist for the Second Annual Empowerment Awards by Promontory Financial Groups. This group focuses on empowerment through innovative financial tools, and recognizes Southern specifically for the expansion of our Workplace-Based Financial Wellness Partnership, which offers responsible banking services and educational outreach to individuals starting new jobs […]

Consolidations, regulations pare banks, execs say

Arkansas down 37 since ’08, small communities feel loss   Arkansas Democrat Gazette Article by David Smith   Burdensome bank regulations and bank consolidation are causing a decline in the number of branches in rural Arkansas, say executives with one of the largest rural banks in Arkansas. There were more than 18,000 banks in the […]

High Profile: Dominik Mjartan

Dom Mjartan went from Czech exchange student to family man with a great job and a white picket fence. He wants all American kids to have such a chance. Arkansas Democrat Gazette By Frank Fellone Dominik Mjartan lives the American dream. “I think I changed three diapers this morning.” Whoa. Wait. “Having three kids under […]

Southern Bancorp awarded $2 million by the U.S. Treasury Department’s CDFI Fund

Award will provide support to entrepreneurs and small businesses in Arkansas and Mississippi Little Rock, Ark. – Southern Bancorp Inc., one of the nation’s largest Community Development Financial Institutions (CDFI), announced today that it has been awarded $2 million, the maximum available under the Financial Assistance program of the U.S. Treasury’s CDFI Fund. The competitive […]