Southern Good Faith Fund

Southern Good Faith Fund welcomes three new members to Board of Directors

April 17th, 2008

PINE BLUFF—Jerry Damerow and Kim Evans, both of Little Rock, and Ben Steinberg of Helena-West Helena have joined the Southern Good Faith Fund Board of Directors, Southern Good Faith Fund President Angela Duran announced today.
Herman Davenport of Little Rock, a Southern Good Faith board member since 2002, also has been elected to serve as board Chairman, Duran said.

McDaniel walks fine line with payday lending crackdown

April 15th, 2008
By Andrew DeMillo // The Helena Daily World

Attorney General Dustin McDaniel has become the champion of payday lending opponents, vowing to shut down an industry that they say preys on the poor and traps them in debt.

Payday lenders must shut down or face lawsuits, AG says

March 19th, 2008
By Jason Wiest // Arkansas News Bureau

LITTLE ROCK - Payday lenders throughout Arkansas must shut down immediately or face the likelihood of lawsuits, Attorney General Dustin McDaniel said Tuesday.

McDaniel said he sent letters to about 60 companies that run 156 payday lending outlets in Arkansas, telling them to cease and desist their practices.

Ark. AG asks payday lenders to shut down or face lawsuits

March 19th, 2008
By Andrew DeMillo // Associated Press

LITTLE ROCK (AP) — Arkansas Attorney General Dustin McDaniel moved Tuesday to shut down payday lending companies in the state, saying the fees they charge harmed the working poor and violated the state constitution’s ban on high-interest loans.

McDaniel sent letters to about 60 companies that operate 156 payday lending locations in the state, asking them to shut down immediately and void customers’ debts or face the likelihood of lawsuits.

Arkansas enforces 17 percent interest rate cap, chases out payday lenders

March 19th, 2008
Source: Center For Responsible Lending

Southern Good Faith Fund’s Policy Team has been leading the Arkansans Against Payday Lending coalition.

Good news out of Arkansas: after a hard-fought legal and political battle, the state should soon be rid of predatory payday lending.

Attorney General Dustin McDaniel orders payday lenders to cease making loans and forgive existing loan debt

March 18th, 2008
Source: KARK Channel 4 News

Arkansas Attorney General Dustin McDaniel on March 18, 2008, held a news conference to announce that he was ordering payday lenders in Arkansas to cease making loans and to forgive existing loan debt.

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Archive: March 2008 | Section: Media, Southern Good Faith Fund, Video

SGFF provides hundreds of Arkansans with free tax preparation

March 11th, 2008
Source: KARK Channel 4 News

Southern Good Faith Fund and its parent company, Southern Bancorp Inc., provide free tax preparation to hundreds of Arkansans each year as part of the Internal Revenue Service’s Volunteer Income Tax Preparation (VITA) program. Southern Good Faith Fund President Angela Duran discussed how the VITA program increases participants’ assets in an interview following a March 11, 2008, news conference highlighting Southern’s VITA services…

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Archive: March 2008 | Section: Media, Southern Good Faith Fund, Video

Southern Good Faith Fund and Southern Bancorp offer free income tax preparation services

March 11th, 2008
Source: Southern Good Faith Fund

Southern’s Volunteer Income Tax Preparation (VITA) sites have processed more than $1 million in 2007 tax year refunds; all sites open through April 15, 2008

LITTLE ROCK—Southern Good Faith Fund and its parent company, Southern Bancorp Inc. (”Southern”), held a news conference today to highlight the availability of free income tax preparation services to Arkansans with annual incomes of $40,000 or less-a threshold that covers more than half of Arkansas households.

Unified plan needed says SBC officials

February 15th, 2008
By Mark Haney // The Helena Daily World

Black commented that people often tell him that they want jobs but do not realize just how much goes into bringing jobs to Phillips County.

“Without a good education system, jobs are not going to come here,” Black stated. “Without affordable housing, jobs are not going to come here. It all goes hand in hand. You can’t have one and not have the rest.”

New program matches funds for college

February 12th, 2008
By Jessica Bauer // Log Cabin Democrat

The future of Arkansas is in the hands of the children and education officials, along with Sen. Gilbert Baker, visited Sallie Cone Elementary School Friday to present a new way to make the future a little brighter.

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