Category: Public Policy Blog
-
Make Your Voice Heard About Payday Lending
By Kathryn Hazelett Back in 2004, Southern was a part of a group called Arkansans Against Abusive Payday Lenders (AAAPL), whose sole purpose was to remove payday lenders…
-
Tax Time is Now Savings Time in Arkansas!
Back in October, we wrote about the need to save, specifically at tax time. Why? Because that’s the time that most Americans receive their largest lump sum all…
-
Canary in a Coal Mine
By Darrin Williams, Southern Bancorp, Inc. CEO As appeared in the Arkansas Democrat-Gazette on Sunday, February 24, 2019 The last week of February is a big week for…
-
Southern Bancorp Organizations Promote America Saves Week
LITTLE ROCK – As part of America Saves Week 2019, February 25 – March 2, Southern Bancorp Bank, a wholly owned subsidiary of Southern Bancorp, Inc. and one…
-
It’s Not Too Late to Make a Resolution to Save
By Kathryn Hazelett Resolution (/ˌrezəˈlo͞oSH(ə)n/), noun: a firm decision to do or not to do something. Ah, New Year’s resolutions. Most of us make them and very few…
-
Arkansas and Mississippi Participate in America Saves Week
Arkansas and Mississippi are encouraging their residents to take the pledge to save and build long-term wealth during America Saves Week (February 26 – March 3). Arkansas Governor…
-
How We Define Savings
By Kathryn Hazelett I’ve been thinking a lot about savings over the past few months as I’ve worked on this blog and on other papers for Southern. I…
-
Southern Bancorp Statement on Recently Announced CFPB Rule Change Affecting Payday Lenders
Little Rock, Ark. – Southern Bancorp, a Community Development Financial Institution (CDFI) with operations in Arkansas and Mississippi, announced its opposition to this week’s proposed Consumer Financial Protection…
-
The direct benefits of direct deposit
A couple of weeks ago, we touched on the importance of having both a checking and a savings account. We mentioned that having your money in two separate…