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Celebration to continue this week at Southern Bancorp in Stuttgart and DeWitt with incentives, giveaways, and community cookout; Business Social to be held Thursday afternoon

Celebration to continue this week at Southern Bancorp in Stuttgart and DeWitt with incentives, giveaways, and community cookout; Business Social to be held Thursday afternoon
stuttgartdailyleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuttgartdailyleader.com Daily Mail and Mail on Sunday newspapers.

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Stuttgart Chamber of Commerce News: April 14, 2022 | Stuttgart Daily Leader

Stuttgart Chamber of Commerce News: April 14, 2022 | Stuttgart Daily Leader
stuttgartdailyleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuttgartdailyleader.com Daily Mail and Mail on Sunday newspapers.

Arkansas , United-states , Arkansas-county , Noon-stuttgart-public-library , Chamber-members , Chamber-pavilion-on , Arkansas-department-of-agriculture-forestry-division , Stuttgart-public-library-community-room , Stuttgart-chamber , National-arbor-day , Division-of-services-for-the-blind

Southern Bancorp acquiring Premier

Southern Bancorp Inc. announced Monday that it will purchase FCB Financial Services Inc., which operates as Premier Bank of Arkansas, a $200 million asset bank with branches in Marion, West Memphis and Jonesboro.

Arkansas , United-states , Sevier-county , Crittenden-county , West-memphis , Jonesboro , Craighead-county , Arkansas-county , Mississippi , Darrin-williams , Donny-underwoood , First-community-bank

Investments Include Banks, Tech, Farming

With $30.1 million raised, Tempus USF LLC of Little Rock tops Arkansas Business' list of the largest private investment offerings ranked by total investment amount sold.

Arkansas , United-states , Louisiana , Hartsville , Tennessee , Forest-hill , Little-rock , Missouri , Arkansas-county , Pine-bluff , Paragould-bankshares , Darrin-williams

Southern Bancorp buying a fellow Arkansas bank

Six weeks after receiving a $237.5 million investment from the Treasury Department, the community development financial institution has struck a deal for Premier Bank of Arkansas.

Arkansas , United-states , Arkadelphia , Arkansas-county , West-memphis , Jonesboro , Mississippi , Donny-underwood , Darrin-williams , Treasury-department , Southern-bancorp , Arkansas-county-bank

In-State Bank Deposits Grow by 9.6%

In-State Bank Deposits Grow by 9.6%
arkansasbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasbusiness.com Daily Mail and Mail on Sunday newspapers.

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Southern Bancorp, Inc. closes on Arkansas County Bank acquisition


ARKADELPHIA, ARK – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced that it has closed on its acquisition of DeWitt First Bankshares Corporation and its wholly owned subsidiary, Arkansas County Bank. The acquisition, which was announced in January 2021, closed on May 14
th, adding three new bank branches to the Southern Bancorp network, two in Arkansas County (DeWitt and Stuttgart) and one in Sevier County (Lockesburg), bringing the total number of locations in Arkansas and Mississippi to 52.
“We are grateful for the opportunity to join the DeWitt, Stuttgart, and Lockesburg communities and introduce our new team members and customers to Southern Bancorp’s mission-driven style of banking,” said Southern Bancorp Inc. CEO Darrin Williams. “Our blend of traditional banking products and financial development services such as credit and housing counseling and financial education are designed to give everyone in the community access to the tools needed to build wealth, because at Southern, we believe wealth building isn’t just for the wealthy, we believe it’s for everyone.”

Arkansas , United-states , Arkadelphia , Arkansas-county , Mississippi , Lockesburg , Warren-jennings-jr , Darrin-williams , Dover-dixon-horne , Eldredge-clark , Community-development-financial-institution , Stephens-inc

DeWitt First Set to Sell for $26.1M

DeWitt First Set to Sell for $26.1M
arkansasbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasbusiness.com Daily Mail and Mail on Sunday newspapers.

Arkansas , United-states , Sevier-county , Arkadelphia , South-carolina , Mountain-view , Lockesburg , Quitman , Prairie-county , Arkansas-county , Jackson-county , De-queen

Southern Bancorp, Inc. announces agreement to acquire Arkansas County Bank


Arkadelphia, Ark. – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced it has entered into a merger agreement to acquire DeWitt First Bankshares Corporation and its wholly owned subsidiary, Arkansas County Bank, a $185 million asset bank with two branches in Arkansas County (DeWitt and Stuttgart) and one in Sevier County (Lockesburg).
“We are excited to introduce Arkansas County Bank’s team members, customers, and communities to Southern Bancorp’s unique blend of mission-driven products and services aimed at providing everyone in the community with the tools to build wealth,” said Southern Bancorp CEO Darrin Williams. “As one of America’s oldest and largest CDFIs, we are driven by our mission to increase economic opportunity and build individual net worth through traditional banking products and services combined with financial development offerings such as financial education, credit and homebuyer counseling, and free tax preparation among others.”

Arkansas , United-states , Arkadelphia , Arkansas-county , Mississippi , America , American , Warren-jennings-jr , Darrin-williams , Dover-dixon-horne , Eldredge-clark , Community-development-financial-institution