Community Development

What really matters?

Community means a lot to us. It means building on good relationships and creating new ones. It means helping each other.

We consider all Great Southern communities part of our extended family, so we do what we can to help where we are. Watching from the sidelines simply isn't an option.

We understand what really matters.

Building communities a block at a time

Since Great Southern was first founded in downtown Springfield in 1923, its owners and management have recognized the importance of being a vital part of the community. Today, the commitment to community is stated very simply in our mission statement, to “build winning relationships with communities”. Our company’s leadership understands that we can only be as strong as the communities we serve.

Loans and Investments

One of the ways that community development works best is when it can be supported through traditional banking products and delivery channels. For a community to grow and thrive, it needs access to capital. Great Southern has focused on providing needed capital to consumers, business, and communities for more than 80 years. As one of the largest lenders in the markets we serve, we provide loans for homes, starting or growing a business, or to construct subdivisions and apartments to provide housing. We offer an array of products that help our communities grow and thrive.

Great Southern can meet the lending needs of the communities it serves, whether for large affordable housing projects, to complex historic rehabs. Through our efforts to become a “one stop shop” for developers of older properties, we can provide construction lending, “bridge loans” for tax credits, and provide equity through the purchase of tax credits.

We also know not all projects can be facilitated by a loan, so have committed millions of dollars of investments to meet community needs through low-income housing tax credits, and capital to community development corporations that are revitalizing communities large and small through their own lending and investment efforts.

Great Southern Caring & Sharing

Caring & Sharing is the company program that encourages our associates to become more involved in the communities they serve. We provide our associates up to two paid hours off per month to volunteer to make their communities stronger, and also participate in company-wide volunteer projects such as the United Way Day of Caring, and the American Cancer Society Relay for Life. We also hold a Caring & Sharing Casual Day where associates “pay” to dress casually about twice a month. The money raised goes to target charitable organizations, and annually gives over thousands of dollars to worthy organizations from our associates.

Caring & Sharing also reflects our charitable spirit. We are fortunate to have so many worthwhile charitable organizations in our markets that truly make a difference every day in the work they do. Annually, we contribute more than $300,000 to these organizations to help them with their work. We give special consideration to those organizations where our associates provide volunteer time and leadership. We know that it takes both monetary resources and hard work to effect community change.