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Just How A Little Bank Plays A Large Role In Inclusive Economic Developing Within The Mississippi Delta

Just How A Little Bank Plays A Large Role In Inclusive Economic Developing Within The Mississippi Delta

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Bubba O’Keefe appears regarding the phase for the Paramount Theater, supported by the banker who financed their purchase, Darrin Williams, CEO of Southern Bancorp, appraising the harm, as though conjuring a defectively created eyesight of exactly exactly what might be.

Soon after acquiring the vaudeville that is old which was indeed sitting empty in the middle of Clarksdale, Mississippi, the roof collapsed, filling the movie movie theater with debris and starting it to your sky.

O’Keefe is a big deal in this tiny city when you look at the heart of this Mississippi Delta. When house to millionaire cotton farmers, Clarksdale is, just like the remaining portion of the Delta, about 80% African United states. Its populace of approximately 16,000 to 18,000 individuals, happens to be decreasing for many years.

Bubba O’Keefe, supported by Southern Bancorp CEO Darrin Williams, assesses damage in Paramount Theater . [+] from the phase.

Credit: Devin Thorpe

A man that is white a largely black city, O’Keefe may be the city’s official, compensated manager of tourism and generally seems to understand everyone else in the city, including all the over night visitors. He greets everyone who passes by as we sit and chat on the sidewalk outside the small bistro in one of his buildings, an old Woolworth’s store that had sat empty for decades.

While he’s at no danger of being included with the Forbes 400 list any time soon, O’Keefe is successful by the criteria associated with the city. He owns more structures than they can count right right here. He keeps the secrets to their numerous structures in a bank that is old case; you can find lots of sets of secrets. He states he has got ten or twelve loans with Southern Bancorp, such as the one in the Paramount.Leggi tutto »Just How A Little Bank Plays A Large Role In Inclusive Economic Developing Within The Mississippi Delta