Southern Bancorp

An Interview with Senator Blanche Lincoln

November 6th, 2006


Senator Blanche Lincoln was recently interviewed by The MicroEnterprise Journal’s MicroBusiness News Briefs. MNB has begun conducting interviews with members of the Senate who are also members of Generation Jones: born between 1954 and 1965 and mistakenly called Boomers for most of our lives.

Jonsers are an interesting mix, possessing both the idealism of the Boomers and the realism of GenXers. We are less prone to ideological dogma and more inclined

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 Archive: November 2006 | Section: Media, Podcasts, Southern Bancorp, Southern Financial Partners

Delta Bridge Funding to Start New Public Transportation System in Phillips County

October 30th, 2006


Dr. Steven Murray, Chairman of the Delta Bridge Project Steering Committee, today announced $116,000 in grant funding to the Mid-Delta Community Services to establish a public transportation system in Helena-West Helena. This grant will be accompanied by a $15,000 grant from the Helena Health Foundation.

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 Archive: October 2006 | Section: Delta Bridge Project, Southern Bancorp, Southern Financial Partners

Sweet potatoes gaining ground Efforts give crop golden outlook

October 22nd, 2006
By Nancy Cole // Arkansas Democrat Gazette


It’s sweet potato harvest time and the beginning of what many hope will become a new industry for the Arkansas Delta.

“We have probably the only strategic plan in the country that envisions the sweet potato as an agent of social change,” said Steven Murray, chancellor of Phillips Community College of the University of Arkansas.

Murray also is chairman of Delta Bridge, a community-based effort to revitalize Phillips County.

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 Archive: October 2006 | Section: Delta Bridge Project, Phillips County, Southern Bancorp

Southern Good Faith Fund Announces $1 Million Saved

October 13th, 2006


More than $1 million has been accrued in special savings accounts by low-income families across the state in their effort to improve their economic situation by building personal assets. The special matched savings accounts are called Individual Development Accounts (IDAs). “

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 Archive: October 2006 | Section: Southern Bancorp, Southern Good Faith Fund

Delta Bridge Project Funds Biodiesel Feasibility

October 13th, 2006


Southern Financial Partners awarded a $30,000 grant to the Phillips County Chamber of Commerce to commission a site-specific biodiesel feasibility study to capitalize on the rapidly growing biodiesel industry. The feasibility study is expected to determine the feasibility of the opening of an integrated soybean processing and biodiesel manufacturing facility, capable of producing at least 10 million gallons of biodiesel per year.

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 Archive: October 2006 | Section: Delta Bridge Project, Southern Bancorp, Southern Financial Partners

Ground Broken for Southern Place, a $1.5 Million, 20-Apartment Housing Facility in Helena-West Helena

October 13th, 2006


Southern Property Corporation hosted a groundbreaking ceremony for the Southern Place Apartments today. Representatives from the Arkansas Development Finance Authority, the U.S. Department of Agriculture/Rural Development, and Senator Blanche Lincoln’s office spoke at the event marking the start of the largest multi-family housing development in Phillips County in several decades.

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 Archive: October 2006 | Section: Southern Bancorp, Southern CDC, Southern Financial Partners

Central Arkansas RC&D Announces a $2 million Sweet Potato Storage and Distribution Facility for Phillips County, Arkansas, a Delta Bridge-Funded Project

October 13th, 2006


Judge Tom Catlett, Chairman for the Central Arkansas RC&D Council, today announced that financing has been secured to construct a $2 million sweet potato storage and distribution facility in Phillips County, Arkansas. Catlett further stated “this project is the hopeful beginning of an industry for Phillips County”. Sweet potatoes from the facility will, in part, supply Gerber’s in Fort Smith, Arkansas, substituting out of state.

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 Archive: October 2006 | Section: Delta Bridge Project, Southern Bancorp, Southern Financial Partners

SGFF Report To Help Arkansas Katrina Evacuees

October 12th, 2006


LITTLE ROCK, ARKANSAS -Southern Good Faith Fund’s Public Policy program today released its latest report, Helping Arkansas Katrina Evacuees Rebuild Their Lives. The report proposes several strategies the state of Arkansas can adopt to help Hurricane Katrina evacuees in the Natural State establish a stable and financially secure future.

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 Archive: October 2006 | Section: Southern Bancorp, Southern Good Faith Fund

Local Organizations Receive CDFI Funds

September 26th, 2006


Several organizations in the Federal Reserve’s Eighth District states are among 73 recipients of federal Community Development Financial Institutions (CDFI) Fund awards.

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 Archive: September 2006 | Section: Other Related News, Southern Bancorp, Southern Financial Partners

Arkansas SBDC Recognizes Entrepreneurial Support

September 25th, 2006


The City of Arkadelphia is the first recipient of the Arkansas Entrepreneurial Community of the Year Award presented by the Arkansas Small Business Development Center (ASBDC). The award recognizes Arkadelphia’s organized efforts to assist and encourage entrepreneurial activities.

Arkadelphia’s community and economic development strategy includes nurturing new and existing small businesses.

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 Archive: September 2006 | Section: Clark County, Southern Bancorp, Southern Financial Partners

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