Southern Bancorp, Inc.

Southern Bancorp is a community development financial institution (CDFI) with a mission to create economic opportunity in underserved communities. Founded in 1986, Southern Bancorp has grown into a $2.6 billion asset organization with 56 locations serving over 65,000 customers across Arkansas and Mississippi. They offer a range of financial products and services, including banking, lending, mortgage, and financial development tools, with a focus on helping low-wealth and unbanked populations.

Southern Bancorp is committed to social responsibility and works to address inequities in the communities it serves. They are a certified B-Corp, a designation for companies that meet high standards of social and environmental performance, and are a proud member of the Global Alliance for Banking on Values. Southern Bancorp is a unique institution that balances profit with purpose, and their work has a significant positive impact on the lives of individuals and communities throughout the South.

Southern Bancorp offers a variety of work arrangements to suit the needs of their employees. They provide benefits such as paid holidays and paid time off, and the Branch Manager position requires the ability to work all branch operating hours as needed, including weekends and some evenings. Some positions may also require travel as necessary for required training or to other branch locations.

Southern Bancorp offers a comprehensive benefits package to its employees, aiming to support their financial wellbeing and overall well-being. These benefits include retirement savings plans such as a 401(k)/Roth plan with an employer match and an employee stock ownership plan. For those seeking homeownership, the company offers a discounted rate on primary home mortgages. Additionally, employees have access to credit and housing counseling and free financial education tools. Southern Bancorp also provides no-deductible medical insurance, dental and vision insurance, employer-paid life and long-term disability insurance, and flexible spending accounts. The company further promotes employee well-being with paid holidays and paid time off, a bonus plan, opportunities for merit raises, employee reward and recognition programs, and community service opportunities.

Southern Bancorp is a mission-driven financial institution dedicated to building wealth for everyone in underserved communities. They focus on low-wealth and un(der)banked populations, particularly Black and Brown individuals, providing a unique blend of traditional banking services, financial development tools, and public policy advocacy to help families and communities grow stronger.

Southern Bancorp cultivates a culture that prioritizes diversity, equity, and inclusion, fostering an environment where everyone feels welcomed, respected, and empowered. They believe in building wealth for everyone in their communities, especially those who have traditionally been underserved, and encourage their employees to actively engage in community service and demonstrate the core values of Relationship, Accountability, Innovation, Sustainability, and Empowerment (R.A.I.S.E.). This commitment to social responsibility and inclusivity creates a dynamic, engaging, and purpose-driven workplace.

Southern Bancorp is deeply committed to diversity, equity, and inclusion (DEI) as foundational to its mission and success. The organization defines DEI as a commitment to respect and value all individuals regardless of their differences, promoting fair treatment and opportunity for everyone, and fostering an environment where everyone is welcomed and can fully participate. Southern Bancorp’s history and purpose are rooted in addressing racial and economic inequities, and it believes that a diverse and inclusive workforce is essential to serving its predominantly low-wealth and underserved communities effectively. The company recognizes the importance of dismantling systemic racism and promotes equitable solutions that empower all.