Customers Make 1,000th Asset Purchase Through Southern Bancorp Community Partners
Southern Bancorp Community Partners Individual Development Account program is celebrating its 1,000th asset purchase by residents of 50 counties in Arkansas and Mississippi. An Individual Development Account (IDA) is a tool employed in poverty reduction. It provides a...Southern Bancorp Community Partners releases findings on College Savings Accounts: Report highlights best practices in college savings programs
LITTLE ROCK, Ark. — With support from the Annie E. Casey Foundation, Southern Bancorp Community Partners (“Southern”) released a report on college savings accounts. The paper, titled “College Savings Accounts: Multiple Paths to a Brighter Future,” showcases the...Clark County Charitable Health Service announces funding for pharmacy program
ARKADELPHIA, Ark. — The Clark County Charitable Health Service (CCCHS) announced this week it received a $25,000 grant for the establishment of a pharmacy in CCCHS, thanks to support from the Wal-Mart Foundation. The pharmacy program seeks to meet the needs of...Southern Bancorp Community Partners announces Employment Services Manager
HELENA-WEST HELENA, Ark. — Tanya Wright, CEO of Southern Bancorp Community Partners, today announced the hire of Sandra Lee as Southern’s Employment Services Manager. The role of the Employment Services Manager is a new but critical position for Southern. It builds on...One in Four Arkansas Residents Has Almost no Savings or Other Assets to Weather a Financial Crisis: State Ranks 44th Overall for the Financial Stability of its Residents
Washington, D.C.— In Arkansas today, 25.6% of households are “asset poor,” meaning they have little or no financial cushion to rely on if unemployment or another emergency leads to a loss of income, according to a report released today by the national nonprofit...Southern Bancorp and IRS partner to offer free tax preparation
LITTLE ROCK, Ark. — To give low-income working individuals and families the opportunity to have their income tax return prepared free of charge, Southern Bancorp and its nonprofit affiliate, Southern Bancorp Community Partners, are offering Volunteer Income Tax...
Housing Trust Fund
Southern’s policy team helped to enact the shell legislation for the Arkansas Housing Trust Fund in 2009.
Career Pathways
Career Pathways seeks to provide financial assistance for low-income individuals who want to take career training and college classes at an Arkansas two-year college.
Children’s Savings
In 2008, Southern’s policy team helped to secure state funding for the Aspiring Scholars Matching Grant program for Arkansas 529 college savings accounts.