Search This Blog

Tuesday, August 1, 2023

WALL STREET WEEK - JULY 28, 2023

 


AUGUST 1, 2023

DARREN WILLIAMS - CEO SOUTHERN
***************************************


Darrin L. Williams, Chief Executive Officer

Southern Bancorp, Inc.

Darrin Williams is a banker, securities and consumer protection attorney, former legislator, and passionate advocate for financial inclusion. 


Currently serving as the CEO of Southern Bancorp, Inc., Williams oversees the strategic direction and operations of each of Southern Bancorp’s three Community Development Financial Institutions: Southern Bancorp, Inc., a bank holding company; Southern Bancorp Bank, one of America’s largest rural development banks; and Southern Bancorp Community Partners, a 501(c)(3) development finance and lending organization – collectively known as “Southern.’ With $2.6 billion in assets, more than 65,000 customers, and 56 locations, Southern Bancorp’s markets extend throughout the Mid-South. 


Focused on the net worth-building strategies of homeownership, entrepreneurship, and saving, Southern Bancorp believes that wealth building isn’t just for the wealthy; they seek to be wealth builders for everyone. 


Williams received his Bachelor of Arts degree from Hendrix College, in Conway, Ark., his Juris Doctor from Vanderbilt University School of Law, in Nashville, Tenn., and his Master of Laws degree in Securities and Financial Regulation from Georgetown University Law Center in Washington, D.C.



https://www.bloomberg.com/news/videos/2023-07-28/more-consolidation-for-regional-banks


CHIPS & SCIENCE ACT

The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act provides roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States. Wikipedia
Originally published: AUGUST 9, 2022
Other short titles: CHIPS Act of 2022; Research and Development, Competition, and Innovation Act; Supreme Court Security Funding Act of 2022
Public law: Pub. L. 117–167 (text) (PDF)
Statutes at Large: 136 Stat. 1366
=============

INFLATION ACT
Most provisions of the Inflation Reduction Act of 2022 became effective 1/1/2023. The Inflation Reduction Act incentives reduce renewable energy costs for organizations like Green Power Partners – businesses, nonprofits, educational institutions, and state, local, and tribal organizations.June 1, 2023


Summary of Inflation Reduction Act

SMALL BUSINESSES AND INDIVIDUALS IN "unbanked" (rural and urban areas) lack access to capital credit like "COLUMBIA SAVINGS IN LOAN in Milwaukee, WI.

MPA-LLC/MILWAUKEE PROFESSIONALS ASSOCIATION supports the EPA/US ENVIRONMENTAL PROTECTION AGENCY acts and projected deliverables for pandemic victims in the aldermanic districts of Milwaukee.  Mary Glass, CEO calls for the Finance and Personnel standing committee and special committees with INFRASTRUCTURE promise to go right to the heart of strategic planning with Broadband and internet growth to remain a high priority for planning in Milwaukee ARPA/AMERICAN RESCUE PLAN ACT funding.

We call for members of Columbia Savings & Loan administration to show due diligence and create a NICHE for small businesses in District 15 and throughout all other 14 districts of the UNDERBANKED.
NEW apps with hands-on mobile applications like WEALTH-BUILDING and CHAT RESOURCES that are seen as needed by entrepreneurs, CDBG neighborhood strategic planning groups, BID/Business Improvement Districts, unions, and chambers for People of Color.

MPA-LLC insists on more resources and support from the regional and other banks at least $10 billion dollar limits as well as BIG BANKS like Bank of America to join districts and bring their $100 billion budgets to the table for LONG-TERM growth in INFRASTRUCTURE, especially CLIMATE CONTROL.  To partner with our taxpayers and core constituents. 
======================>

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.