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Southern Bancorp, Inc. is a community development bank dedicated to providing banking and lending services to underserved communities in Arkansas and Mississippi. Founded in 1986 and formerly known as Southern Development Bancorporation, the company has originated over $2 billion in development loans, primarily targeting individuals and organizations in economically disadvantaged areas. As a certified community development financial institution, Southern Bancorp aims to enhance financial access and investment, fostering economic growth in rural regions. The organization focuses on comprehensive community engagement, recognizing that access to capital alone is insufficient for meaningful change. Its efforts extend beyond traditional banking to include credit counseling and public policy advocacy, all aimed at empowering families and communities to achieve financial stability and growth.