Payday Lending

Payday Lending

On March 18, 2008, Arkansas Attorney General Dustin McDaniel ordered payday lenders licensed and regulated in Arkansas to stop making loans and forgive all outstanding loans.

Biodiesel Facility

Biodiesel Facility

Residents identified the formation of biodiesel industry as a goal in the Phillips County Strategic Community Plan; however, they were unsure how to attract the industry to Phillips County. After Southern funded a $30,000 feasibility study, the numbers compelled a local investor group to capitalize on the opportunity.

Cherry Street Roofing Project

Cherry Street Roofing Project

Helena’s old Main Street buildings were in danger of collapse. Southern provided the $30,000 matching grant for a $500,000 building stabilization effort on historic Cherry Street.

Southern Place Apartments

Southern Place Apartments

Southern Place is a $1.5 million low-income housing development of 20 apartments nestled around a large outdoor common area with a gazebo, flower gardens, and picnic areas.

Brianna Jones

Brianna Jones

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