SOUTHERN BANCORP
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.
SOUTHERN BANCORP
Industry:
Banking Finance Financial Services
Founded:
1986-01-01
Status:
Active
Contact:
(800)383-8000
Total Funding:
22.54 M USD
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Current Advisors List
Current Employees Featured
Founder
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2022-01-31 | Premier bank of Arkansas | Premier bank of Arkansas acquired by Southern Bancorp | N/A |
Investors List
Square
Square investment in Corporate Round - Southern Bancorp
Bank of America
Bank of America investment in Corporate Round - Southern Bancorp
Simmons First National Corporation
Simmons First National Corporation investment in Venture Round - Southern Bancorp
Prudential Financial
Prudential Financial investment in Venture Round - Southern Bancorp
Wittington Portland Murdoch
Wittington Portland Murdoch investment in Venture Round - Southern Bancorp
sfrefund
sfrefund investment in Venture Round - Southern Bancorp
BancorpSouth
BancorpSouth investment in Venture Round - Southern Bancorp
Mack McLarty
Mack McLarty investment in Venture Round - Southern Bancorp
SFRE Fund
SFRE Fund investment in Venture Round - Southern Bancorp
Franklin McLarty
Franklin McLarty investment in Venture Round - Southern Bancorp
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-08-01 | Carmigo | Southern Bancorp investment in Series A - Carmigo | 7 M USD |
Key Employee Changes
| Date | New article |
|---|---|
| 2022-07-13 | Southern Bancorp names LaTricia Hill-Chandler new chief DEI officer |