Mar 12, 2021 | Financial Fitness Blog, Housing Counseling
By Charlestien Harris Insurance plays a huge part in your financial wellbeing. Accidents will happen and storms will come, but one way you can avoid financial ruin is to have insurance. Insurance is a contract, represented by a policy, in which an individual or entity...
Mar 2, 2021 | Financial Fitness Blog, Housing Counseling
By Charlestien Harris The average consumer has been hit hard by the effects of the Covid19 virus. There were several relief options offered by the enactment of the Cares Act. With the pandemic still looming and heavily affecting so many across this country,...
Feb 26, 2021 | Financial Fitness Blog
By Charlestien Harris This pandemic has caused a lot of uncertainty when it comes to finances. One question that has been coming to the forefront is what is going to happen with student loans? If you are a current or past student, you will want to know how to...
Feb 19, 2021 | News, Press Releases
LITTLE ROCK – Southern Bancorp Bank, a wholly owned subsidiary of Southern Bancorp, Inc. and one of the nation’s largest community development banks, is partnering with Southern Bancorp Community Partners (SBCP), a 501(c)(3) development finance organization and loan...
Feb 18, 2021 | Financial Fitness Blog
By Charlestien Harris This has been a very difficult year for many people when it comes to finances, especially for homeowners. Foreclosures and bankruptcies are two financial events that can have a really adverse effect on your credit. Trying to avoid both of those...
Feb 4, 2021 | Financial Fitness Blog
By Charlestien Harris Many homeowners were able to take advantage of the forbearance option available through the CARES ACT provisions enacted by congress. Forbearance is a type of temporary mortgage relief that was very instrumental in helping borrowers keep...
Jan 4, 2021 | Financial Fitness Blog
By Charlestien Harris As a HUD certified housing counselor, I try to stay informed on current issues that could directly affect numerous consumers facing mounting debt and other issues related to housing and finances. Last month, the Federal Housing Finance...
Dec 30, 2020 | Public Policy Blog
By Janie Ginocchio We’ve recently talked about taking advantage of a new savings opportunity in Arkansas by using split direct deposit for state tax refunds, and in previous blog posts we’ve talked about making a New Year’s resolution to save as well as best practices...
Dec 22, 2020 | Public Policy Blog
By Janie Ginocchio On Dec. 21, Congress passed a pandemic relief and economic stimulus bill that includes $12 billion for Community Development Financial Institutions (CDFIs) and Minority Deposit Institutions (MDIs) to help ensure funding reaches very small businesses...