Asset Building Success Stories

The Jones family enrolled in the Asset Builders program June 2005 to save for an addition to their home.

Melva is a Katrina survivor that found purpose and hope in the state of Arkansas when Katrina and the floods in Louisiana swept over her life. FEMA and the Department of Human Services referred Melva to the IDA program. She with four other family members quickly responded and enrolled in the program.

Jenise “Sandy” Blake had a savings account before enrolling in the Asset Builders program, but had no defined, goal-oriented system of saving.

Nicole attended homebuyer training, worked on her credit, and began looking for a home. In June 2006, she used her IDA funds to purchase a home in a quiet family neighborhood.

With help from Career Pathways, Christina graduated with honors from Phillips Community College of the University of Arkansas in May with an Associate of Arts degree in general education.

The Arnolds have not only invested in themselves but have also positioned themselves to have a secure financial future not only for themselves but also for their children.

When Detria Stackhouse needed a loan, she went to Southern Bancorp, in Helena, Arkansas. They referred her to the Asset Builders program, and in April 2004 she opened an Asset Builders account and began saving to make improvements to her home.

Katherine Augustus enrolled in Southern’s Asset Builders program and opened an Individual Development Account (IDA) in July 2004 to purchase a home and save for her son’s college education expenses.

In the fall of 2006, Melinda Sheard enrolled in Southern’s Asset Builders program and opened an Individual Development Account (IDA) to save for her education.