From our founding, we created a community institution grounded in personal trust and relationships with the people and businesses we serve. No matter how much times have changed, that strong tradition of service is still at the heart of everything we do.
When you bank with Southern, your family and your business begin a relationship designed to last decades — or even generations. You get personalized, caring service from people who are connected to the community, who live here and raise their kids here.
Southern Bank's strong foundation of values helps us navigate the present and chart a bold vision for the future. That strength lets us take responsible and visionary steps to best serve our clients. As times change, we make sure that the products and services we offer adapt with them — including the newest digital tools to help you and your business grow and prosper for years to come
Southern Bank
Celebrating National Agriculture Day! As a bank deeply rooted in our communities, we are thankful for the hard work and dedication of our farmers and agricultural partners. Today and every day, we stand committed to supporting their growth and prosperity.
#NationalAgricultureDay #AgricultureCommunity #CommunitySupport
2 years ago | [YT] | 1
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Southern Bank
Check out this average cost breakdown of buying groceries vs. eating out:
Buying Groceries
Weekly Grocery Budget: $15-$100 per person
Time Spent Cooking: 30-60 minutes per meal
Cost Per Meal: $5-$10 per person
Total Monthly Cost: $180-$360 per person (3 Meals/Day)
Eating Out
Average Meal Price: $15-$20 per person
Tax & Tip: 15-20% of meal price
Cost Per Meal: $20-$30 per person
Total Monthly Cost: $240-$360 per person (3 Meals/Week)
Whether you're looking to save money, eat healthier, or enjoy the comfort of home-cooked meals, understanding the cost breakdown can help you make informed decisions about your dining habits. To learn more about examining habits to fit in your budget, visit www.southernbank.com/get-well-classroom/.
2 years ago | [YT] | 2
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Southern Bank
Compounding interest is a great way to see money stack up quickly. For example, suppose you invest $1,000 in an account that pays 10% interest per year, compounded annually.
After one year, you will have $1,100 in your account, which is $1,000 plus 10% of $1,000.
After two years, you will have $1,210 in your account, which is $1,100 plus 10% of $1,100.
After three years, you will have $1,331 in your account, which is $1,210 plus 10% of $1,210.
And so on.
This is the power of compounding interest!
2 years ago | [YT] | 5
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Southern Bank
What does personal financial success look like?
This is not a one-size-fits-all concept. Success depends on your values, priorities, and aspirations – as well as your challenges and opportunities.
Financial success may look like being debt free, or being able to spontaneously make large purchases, or even just sticking to an ongoing budget. No matter what, financial wellness is an ongoing effort, one step at a time, and it is never out of reach!
2 years ago | [YT] | 2
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Southern Bank
A recent survey showed that approximately 80% of Americans are in debt.
While not all debt is negative, it is best to clearly understand your overall debt profile to be in a healthy financial position.
We suggest reviewing your debts, creating a budget, and finding support if you need it. If you feel consumed by debt - don't give up! There is a light at the end of the tunnel.
2 years ago | [YT] | 3
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