Remove Arkansas Remove Capital Remove Community Bank
article thumbnail

How ECIP capital is driving change at one mission-based lender

American Banker

Southern Bancorp in Little Rock, Arkansas, plans to put $250 million in equity capital it received from the Treasury Department to good use making mortgages and acquiring banks.

Capital 48
article thumbnail

Southern Bancorp is building wealth for everyone

Independent Banker

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Photo by Dero Sanford.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can CDFIs help their communities while keeping investors satisfied?

American Banker

Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.

article thumbnail

Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Allison bragged that Home BancShares has created more millionaires than any company in Arkansas [Note: we may need to fact check that with Walmart shareholders]. Sarver grew Alliance from a small $700 million community bank acquisition to a $20 billion powerhouse in less than 15 years. 2018 Strategies for Bank Execs.

Taxes 75