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As Public Funding Ends, Opportunities Remain to Help People Save

Nov 29, 2017 | IDAs and CSAs, Public Policy Blog

Southern Bancorp is committed to encouraging healthy savings habits, encouraging policy changes that  incentivize individual and family savings programs, and removing policy barriers to accessing savings. That’s because we believe the best way to build communities and...
Rural Economic Mobility and Wealth Building

Rural Economic Mobility and Wealth Building

Apr 2, 2015 | IDAs and CSAs, Public Policy Blog

Despite the general economic recovery in the United States, income inequality and wealth inequality are expanding.  Perhaps more critically, it is becoming more and more difficult for families with lower wealth or income to achieve upward economic mobility.  These two...
New CFED data showing state of family economic security in Arkansas

New CFED data showing state of family economic security in Arkansas

Jan 30, 2015 | IDAs and CSAs, Public Policy Blog

This week, the Corporation for Enterprise Development (CFED) released its annual Assets and Opportunity Scorecard. The Scorecard provides a comprehensive look at Americans’ capacity to accumulate wealth by examining how well residents prosper in the 50 states and...

Bringing CSAs to the Legislative Forefront in Arkansas

Nov 17, 2014 | IDAs and CSAs, Public Policy Blog

Promoting savings as a way of building assets has long been a focus of Southern Bancorp’s work, which is why we were so excited to read CFED President Andrea Levere’s  op-ed in last month’s New York Times that highlighted the effectiveness of Children’s Savings...
Evaluating College Savings Plans

Evaluating College Savings Plans

Sep 12, 2014 | IDAs and CSAs, Public Policy Blog, Publications

A Case Study on Arkansas and Mississippi Read Policy Points 41 here.

Assessing college savings plans in Arkansas & Mississippi

Apr 29, 2014 | IDAs and CSAs, Public Policy Blog

This week, Southern Bancorp Community Partners (SBCP) released its paper, “Evaluating College Savings Plans: A Case Study on Arkansas and Mississippi,” to illustrate and examine the current options of college savings accounts offered in Arkansas and Mississippi and...

Expanding Economic Opportunities in Arkansas: Lessons Learned through the Mott Foundation’s State Asset Building Coalition Learning Initiative

Mar 10, 2014 | IDAs and CSAs, Public Policy Blog

Last week, the Institute on Assets and Social Policy, a research institute at Brandeis University’s Heller School for Social Policy and Management, released “State Asset Building Coalitions: Perspectives from the Field.”  The report captures the key lessons learned...

Southern Bancorp Community Partners Announces College Completion Matched Savings Program

Feb 20, 2014 | IDAs and CSAs, News, Press Releases

Helena-West Helena, Ark. – Southern Bancorp Community Partners (SBCP) is proud to announce a new product for non-traditional students in Phillips County. This new offering is available from SBCP’s Individual Development Account program and is part of SBCP’s ongoing...

September is National College Savings Month!

Sep 19, 2013 | IDAs and CSAs, Public Policy Blog

National College Savings Month is big news around Southern because we understand the close relationship between education and family economic security. In fact, one of Southern’s primary goals is to increase educational opportunities within the communities we serve....

Customers Make 1,000th Asset Purchase Through Southern Bancorp Community Partners

Dec 21, 2012 | IDAs and CSAs, Press Releases

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...
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