• KIPP expands educational opportunities in the Delta
  • Arkansas Supreme Court: Check Cashers Act Violated State Constitution
  • HHF provides sizable community grants - MSH receives funding for Court Square Project
  • Clark County receives $70,000 state grant to help fund
  • The Power to Care program eases high cost of summer electric bills for many Arkansans

  • Elk Horn Bank
  • KIPP School
  • Press Releases
  • Public Policy
  • Southern Bancorp News
  • Southern CDC
  • Southern Financial Partners
  • Sunflower County

    • Video Podcasts

  • Bank Southern
  • Southern CDC
  • Southern Financial Partners
  • Southern Good Faith Fund

    • Phillips County, Arkansas' Poorest, Rebuilding

    December 21st, 2006
    Source: Associated Press

    HELENA-WEST HELENA - Phillips County is Arkansas' poorest. But in the last two years, residents, local leaders and business owners have worked with Southern Bancorp to begin turning the economy around. The rural development bank-holding company says in a new report that the effort so far has brought almost 24 (m) million dollars into the eastern Arkansas county of 24-thousand people. Among the projects are a two (m) million dollar sweet potato processing plant, a four and a half (m) million dollar health and wellness center, and a one and a half (m) million dollar affordable housing development.

    The Walton Family Foundation helped with the funding, pledging eight to ten (m) million dollars toward the effort. The foundation is a charitable organization created by the family of Wal-Mart Stores founder Sam Walton.

    (Copyright 2006 by The Associated Press. All Rights Reserved.)

    <img src=http://www.southernbancorp.com/images/print_version.jpg>

     Archive: December 2006 | Section: Phillips County, Southern Bancorp News, Southern Financial Partners