What does Southern Bancorp do?

Southern Bancorp is a community development financial institution (CDFI) founded in 1986, dedicated to creating economic opportunities in underserved rural areas of Arkansas and Mississippi. Headquartered in Arkadelphia, Arkansas, it operates as a family of entities, including Southern Bancorp, Inc., Southern Bancorp Bank, and Southern Bancorp Community Partners, all certified CDFIs by the U.S. Treasury. The organization focuses on empowering individuals and communities through access to capital, responsible financial services, and development tools. It offers a range of services, including affordable loans, credit counseling, and banking services, aimed at supporting unbanked and underbanked populations. With over 65,000 customers and a significant presence in rural areas, Southern Bancorp has provided over $3 billion in financing over its history, fostering self-sustaining growth and community revitalization.