Take Advantage of Tax-Time Savings Opportunities
By Janie Ginocchio In April 2019, we announced that Gov. Asa Hutchinson signed Act 774 of 2019, which required two direct deposit lines on the state income tax...
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Updates, announcements, and stories about the work helping people and communities move forward.
Southern Bancorp Community Partners Receives $2 Million Gift from Philanthropist MacKenzie Scott
Little Rock, Ark. – Southern Bancorp Community Partners (SBCP), a 501(c)(3) loan fund and Community Development Financial Institution (CDFI) announced today that it has received a $2 million gift...
Southern Bancorp Community Partners announces policy brief and webinar addressing debt in Mississippi
LITTLE ROCK, ARK – Southern Bancorp Community Partners (SBCP) recently published Deferred Dreams: How Unmanageable and Abusive Debt Hinder Savings and Economic Security in Mississippi, a policy brief...
10 Questions First-time Homebuyers Need to Ask Before Signing
By Charlestien Harris Right now the housing market is booming and a lot of people are shopping for a mortgage. Low interest rates and more options for refinancing...
Homebuyer Education During the Pandemic
Thanks to low mortgage interest rates, for some buyers this is the perfect time to think about purchasing a home. The best time to take a homebuyer education...
How to Handle an Overdue Mortgage
[et_pb_section fb_built="1" admin_label="section" _builder_version="3.22" global_colors_info="{}"][et_pb_row admin_label="row" _builder_version="3.25" background_size="initial" background_position="top_left" background_repeat="repeat" global_colors_info="{}"][et_pb_column type="4_4" _builder_version="3.25" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_text admin_label="Text" _builder_version="3.27.4" background_size="initial" background_position="top_left" background_repeat="repeat" global_colors_info="{}"] By Charlestien Harris The stress of...
Tax Time is Savings Time in Mississippi
Mississippi Governor Tate Reeves signs a proclamation designating Mississippi Saves Week. Last week, Governor Reeves signed HB 597 into law, adding a second line for savings for the...
Southern Bancorp Statement on CFPB Decision to Remove Payday Lending Rule
On July 7, the Consumer Financial Protection Bureau (CFPB) announced that it had revoked the mandatory underwriting provisions of the 2017 Payday Lending Rule. This removed the requirement...
Homeownership: Knowing Your Numbers Can Make the Difference
I have been scanning the news lately and have read several articles about the housing market during this pandemic. To most analysts’ surprise, the housing market has been...
Credit Reports and Scores Explained in Simple Terms
By Charlestien Harris Having access to credit can make dreams come true. In today’s world, you can hardly conduct business without using credit, rather it be renting a...