Southern Bancorp adds two commercial lenders in DeWitt, Stuttgart 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.
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 desig
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.
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, cre
Send Southern Bancorp Inc. of Arkadelphia says it will acquire DeWitt First Bankshares Corp. and its wholly owned subsidiary, Arkansas County Bank.
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