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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.

Ben Steinberg Receives Non-Profit Executive of the Year Award

February 27th, 2008
Source: Arkansas Business

Ben Steinberg came to Little Rock four years ago as a volunteer in Wesley Clark’s presidential campaign and never left the state.

In July 2004, he made a home in Arkansas as the president of Southern Financial Partners in Helena. “Our goal is to revitalize distressed rural communities,” the 40-year-old California native said.

Subcommittee considers, “What will sell?”

February 21st, 2008
Source: The Daily Siftings Herald

Members of the housing subcommittee of the Clark County Strategic Plan will contact all the mayors in the county to get their communities involved in a housing study, said Tom Calhoon, co-chairman of the subcommittee.

The main theme of a meeting on Wednesday, Calhoon said, was to find out what kind of housing was needed in the county. “What will sell?” was the question, he said.

DBP announces $1.2 million grant for LEAD initiative - Program to increase student performance in P.C. public schools

February 20th, 2008
By Randy Hogan // The Helena Daily World

The Delta Bridge Project Tuesday awarded a $1.2 million, three-year grant to help fund an initiative to improve student performance in Phillips County’s three public school districts. Dr. Steven Murray, chairman of the Delta Bridge Project Steering Committee and chancellor of Phillips Community College made the formal announcement.

Check presented to B&G Club

February 19th, 2008
Source: The Helena Daily World

The Boys & Girls Club of Phillips County is a recent recipient of a grant from the Helena Health Foundation. The purpose of the grant is to assist the Boys & Girls Club in implementing programs in some of the club’s key areas of focus such as health education, fitness and health skills.

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