Category: The Un- and Underbanked
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Economic Impact Payments: How a Digital Economic System Can Leave the Unbanked Behind
By James Owen Cutting checks to 171 million Americans is no easy logistical undertaking. It gets harder when you don’t have direct deposit information for as many as…
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Looking South by Southwest to Map America’s Unbanked
By James Owen Editor’s note: This is the second blog in a series aimed at understanding the what, where, why, and how of unbanked and underbanked households. If…
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Understanding the Underserved: Unbanked and Underbanked Households
By James Owen Southern’s mission is to be wealth builders for everyone. If you’ve spent any time following our Twitter, Facebook, reading our blog posts, or participating in…
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A Big Idea: Banking on Building Empathy
[et_pb_section fb_built=”1″ _builder_version=”3.26.6″][et_pb_row _builder_version=”3.26.6″][et_pb_column _builder_version=”3.26.6″ type=”4_4″][et_pb_text _builder_version=”3.26.6″] Most of us don’t think twice about how easy it is to access money. If you’re like me, it’s so easy…
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Canary in a Coal Mine
By Darrin Williams, Southern Bancorp, Inc. CEO As appeared in the Arkansas Democrat-Gazette on Sunday, February 24, 2019 The last week of February is a big week for…
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New Unbanked and Underbanked Rates Underscore Need for Affordable and Accessible Financial Services in Arkansas and Mississippi
As a Community Development Financial Institution (CDFI) seeking to provide affordable and accessible financial services to Arkansans and Mississippians, a recently released FDIC survey on unbanked and underbanked…
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Health exchange payment options now available for unbanked Arkansans and Mississippians
In May 2013, Jackson Hewitt released a report showing nearly 8 million uninsured Americans who qualified for health insurance premium payment assistance would be unable to do so because…
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Is health insurance coverage out of reach for the unbanked in Arkansas and Mississippi?
As state and federal officials prepare for the October 1, 2013 enrollment date of the Affordable Care Act, unbanked and uninsured residents within Southern Bancorp Community Partners’ targeted…
