Good business banks accounts and a full range of financial tools to help manage the operations of a business are vital factors in the success and growth of Delta companies large and small. In addition to their many offerings to individual account holders, Delta banks provide a wide variety of services designed specifically to meet business needs.
Archive: June 2007 | Section: Delta Southern Bank, Southern Bancorp
The Board of Directors of Delta Southern Bank is pleased to have been able to help the B.B. King Museum and Delta Interpretive Center meet the terms of a $2.5 million challenge from Jim Barksdale. Mr. Barksdale had pledged the funds to the B.B. King Museum provided their board of directors raise $500,000 in matching funds.
Archive: June 2007 | Section: Delta Southern Bank, Southern Bancorp, Sunflower County
Congratulations to Delta Southern Bank in Ruleville and Drew! The community development financial institution was recently awarded an “outstanding” rating on its Community Reinvestment Act Audit by the Federal Deposit Insurance Corporation. Very few banks receive the “outstanding” rating.
Archive: June 2007 | Section: Delta Southern Bank, Southern Bancorp, Sunflower County
Delta Southern Bank has awarded three more grants worth $221,963 to Drew Enterprises, Inc., a 501(c)3 non-profit organization, to renovate three buildings in Drew, Miss.
This is the latest series of grants being used to renovate nine buildings in downtown Drew, located in Sunflower County.
Archive: December 2006 | Section: Delta Southern Bank, Southern Bancorp, Southern Financial Partners
Delta Southern Bank, a member bank of Southern Bancorp, has received an increasing amount of ink around here because of its generous investments in the resuscitation of Drew, but neither journalists nor members of the general public seem to ‘get’ how big a story this is.
Archive: December 2006 | Section: Delta Southern Bank, Southern Bancorp, Southern Financial Partners
“Southern Bancorp, or ‘Southern’, is a bank holding company and development organization in Arkansas. We use capital and credit in distressed rural areas to create new investment patterns not just in business, but in training, housing,and health.
By means of an array of for profit and nonprofit affiliates and subsidiaries, Southern had applied that strategy for ten years in rural Arkansas.
Archive: December 2006 | Section: Delta Southern Bank, First Bank of the Delta, Southern Bancorp, Southern Financial Partners
Delta Southern Bank officials have told Friars Point residents more deposits and loans are needed to keep the local bank open, but they have yet to specify how much additional revenue would make it a profitable venture.
Farmer and agri-businessman Charlie Craig asked Delta Bank President George Purcel Thursday night, “How much will it take to make the bank profitable?”
“I can’t give you numbers,” Purcell said. “
Archive: July 2006 | Section: Delta Southern Bank, Other Related News, Southern Bancorp
Bunky Butler and Charlie Craig have never let a sticking point gouge their long-standing friendship.
Both were more themselves Friday afternoon as they shared a sense of optimism that Friars Point can prove to Southern Bancorp’s satisfaction that its branch bank should remain open.
Archive: February 2006 | Section: Delta Southern Bank, Other Related News, Southern Bancorp
At a public meeting requested by the Concerned Citizens of Friars Point under the direction of the Federal Deposit Insurance corp., the president /CEO of Southern Bancorp has given Friars Point six months to achieve a satisfactory financial portfolio in order to save its Delta Southern branch bank.
Archive: February 2006 | Section: Delta Southern Bank, Other Related News, Southern Bancorp
Closing Delta Southern’s branch bank in Friars Point appears to be a done deal, but in doing so DSB may not be living up
to its mission.
Southern Bancorp, the parent organization of Delta Southern, formed a partnership to “bring economic opportunity to
those who need it most.”
Archive: January 2006 | Section: Delta Southern Bank, Phillips County, Southern Bancorp, Sunflower County
