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

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

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O’Keefe is a big deal in this little city within the heart for the Mississippi Delta. Once home to millionaire cotton farmers, Clarksdale is, just like the remaining portion of the Delta, about 80% African United states. Its population of approximately 16,000 to 18,000 individuals, happens to be decreasing for a long time.

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

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 everybody in town, including the majority of the instantly visitors. Once we sit and talk regarding the sidewalk beyond your little bistro in another of their structures, a vintage Woolworth’s store which had sat empty for many years, he greets everybody whom passes by.

While he is at no threat of being included with the Forbes 400 list any time soon, O’Keefe is successful by the criteria of this city. He owns more buildings than they can count right here. He keeps the secrets to their many buildings within an bank that is old bag; you can find lots of sets of secrets. He claims he has got ten or twelve loans with Southern Bancorp, such as the one regarding the Paramount.

O’Keefe sees the city in much the way that is same he views the movie movie theater using the roof timbers now seated in a stack where an market ought to be. Continue reading

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