Southern Bancorp
Southern Bancorp
Revitalizing rural communities.
Financial Services: Community Lending | United States of America | Access to Financial Services |
Overview
Since its formation in 1986, Southern has originated over $2 billion in development loans—primarily to individuals and organizations in the poorest areas of the United States. The $2 billion milestone is unmatched in rural development, but Southern considers it to be just the beginning. Southern understands that access to capital—both for rural institutions and for rural families—is critically important. However, Southern Bancorp has found that even $2 billion of invested capital is insufficient to drive fundamental community change without such capital investments being focused into specific geographic areas and matched to comprehensive community engagement in education, housing, health care, leadership development, and economic development.
Industry |
Legal Structure |
Operating Status |
Employees |
Financial Services: Community Lending | Operating |
Funding and Financing Rounds
Sep, 2015 / $2,5M
2014
Jun, 2012 / $250K / Grant
Mar, 2012 / $75K / Grant
Apr, 2010 / $200K / Grant
2010 / $5,6M / Debt
2010 / $7,3M / Debt
Undisclosed
Team
Impact
Geographies:
Social Objectives:
Environmental Objectives:
Operational Impact:
Impact Reports & Metrics
Offices
Headquarter
605 Main Street
Arkadelphia, Arkansas United States of America