Company type | Public |
---|---|
Industry | Financial services, Philanthropy, Mortgage |
Founded | 1986 |
Headquarters | , |
Area served | Arkansas, Mississippi |
Total assets | $2,800,000,000 (2024) |
Website | banksouthern |
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern". [1]
With 56 locations, the organization focuses most of its work in the Arkansas Delta and Mississippi Delta. [2] Southern's community-development work in these areas has directly improved various aspects of resident's lives through different projects such as the Delta Bridge Project, [3] The Arkadelphia Promise, [4] and numerous other sponsorships and projects.
In 1986, then Arkansas Governor Bill Clinton partnered with the Winthrop Rockefeller Foundation to help combat different issues plaguing the state. [5] From this initiative, various nonprofit development agencies came together to form Southern Bancorp.
There are three entities that make up Southern Bancorp:
Arkansas is a landlocked state in the West South Central region of the Southern United States. It borders Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, Texas to the southwest, and Oklahoma to the west. Its name derives from the Osage language, and refers to their relatives, the Quapaw people. The state's diverse geography ranges from the mountainous regions of the Ozark and Ouachita Mountains, which make up the U.S. Interior Highlands, to the densely forested land in the south known as the Arkansas Timberlands, to the eastern lowlands along the Mississippi River and the Arkansas Delta.
Arkadelphia is a city in Clark County, Arkansas, United States. As of the 2020 census, the population was 10,380. The city is the county seat of Clark County. It is situated at the foothills of the Ouachita Mountains. Two universities, Henderson State University and Ouachita Baptist University, are located here. Arkadelphia was incorporated in 1857.
Ouachita Baptist University (OBU) is a private Baptist university in Arkadelphia, Arkansas. The university's name is taken from the Ouachita River, which forms the eastern campus boundary. It is affiliated with the Arkansas Baptist State Convention, a state convention affiliated with the Southern Baptist Convention.
The Mississippi Delta, also known as the Yazoo–Mississippi Delta, or simply the Delta, is the distinctive northwest section of the U.S. state of Mississippi that lies between the Mississippi and Yazoo rivers. The region has been called "The Most Southern Place on Earth", because of its unique racial, cultural, and economic history.
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Henderson State University (HSU) is a public university in Arkadelphia, Arkansas, United States. Founded in 1890 as Arkadelphia Methodist College, Henderson has an undergraduate enrollment of around 2,500 students. The campus is located on 156 acres (0.63 km2).
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The Battle of the Ravine is an American college football rivalry game played annually by Henderson State University and Ouachita Baptist University. The football rivalry game is tied for the oldest rivalry game in NCAA Division II, alongside the Black Hills Brawl. The current, full title is the "Southern Bancorp Battle of the Ravine".
Darrin L. Williams is an American lawyer and politician from the U.S. state of Arkansas. A member of the Democratic Party, Williams is a former member of the Arkansas House of Representatives from District 36. He was term-limited and ineligible to run for re-election in 2014. He was House Speaker Pro Tempore for the term from March 2012 to December 2012.
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