What Southern Bancorp Is All About
Southern Bancorp is not your typical bank. Rooted deeply in Arkansas, it’s a Community Development Financial Institution (CDFI) that’s all about sparking economic opportunity and helping folks build wealth. Think of it as a financial partner that’s truly invested in uplifting communities, especially in developed markets where the need for inclusive banking is real. With a B Corp score of 129.7, Southern Bancorp stands out as a responsible, mission-driven institution that’s making a difference beyond just numbers.
The Main Benefit: Empowering Economic Opportunity
At its core, Southern Bancorp is focused on creating pathways to financial stability and growth. Here’s a quick snapshot of what makes it tick:
- Community Development Financial Institution (CDFI): Dedicated to underserved markets.
- Location: Strong presence in Arkansas, targeting local economic uplift.
- B Corp Score: 129.7, reflecting high standards in social and environmental performance.
- Key Focus: Economic opportunity and wealth building for individuals and businesses.
- Comprehensive Services: Personal and business accounts, loans, treasury management, and more.
Personal and Business Banking Tailored for You
Whether it’s personal accounts or business banking, Southern Bancorp offers a suite of options designed to fit everyday needs and long-term goals. From checking and savings accounts to specialized business loans and treasury management, the bank covers all bases. Plus, features like mobile deposit, eStatements, and debit card controls make banking flexible and convenient. It’s banking that moves with you, not the other way around.
Borrowing Made Simple and Accessible
Need a loan? Southern Bancorp has you covered with a variety of borrowing options. Personal loans, home loans, and vehicle loans are just the start. For businesses, there are small business loans, agricultural loans, poultry loans, and commercial loans designed to fuel growth and opportunity. The bank’s approach is straightforward—helping customers access the funds they need without the usual hassle.
Learning and Growing Financially
Education is a big part of Southern Bancorp’s mission. Through resources like the Opportunity Center and Learning Center, customers can boost their financial literacy and take control of their money. Whether it’s improving credit scores or committing to savings goals with programs like America Saves, the bank supports every step of the journey. It’s about more than banking—it’s about building a brighter financial future.
Project Impact: Aligning with Sustainable Development Goals
- SDG 1: No Poverty – Providing financial tools to reduce poverty.
- SDG 8: Decent Work and Economic Growth – Supporting small businesses and job creation.
- SDG 10: Reduced Inequalities – Focusing on underserved communities.
- SDG 11: Sustainable Cities and Communities – Investing in local economic development.
- SDG 17: Partnerships for the Goals – Collaborating with community organizations and stakeholders.
Connecting with the Community and Beyond
Southern Bancorp isn’t just about banking—it’s about building relationships. From community donations to customer stories, the bank stays connected and engaged. With easy access to contact information, locations, and online banking, customers can reach out anytime. The commitment to transparency and support shines through in every interaction, making Southern Bancorp a trusted partner in financial wellness.
