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Fifth District Bancorp, Inc. reports developments as the Nasdaq-listed holding company for Fifth District Savings Bank, a federally chartered stock savings bank serving Orleans, St. Tammany and Jefferson Parishes. Company updates center on community-bank lending, deposit and electronic banking services, including residential mortgage loans, construction loans, home equity credit, commercial real estate and business loans, checking, money market accounts and certificates of deposit.
Recurring developments also include board and executive leadership actions, stock repurchase authorization and other capital-management announcements tied to the bank holding company structure.
Fifth District Bancorp (Nasdaq: FDSB) promoted Amie L. Lyons to permanent President and Chief Executive Officer of the company and Fifth District Savings Bank, effective Feb. 9, 2026. Ms. Lyons served as interim CEO since June 2025 following the passing of the former CEO, and has nearly 30 years with the bank.
The Board expressed full confidence in her leadership; Ms. Lyons affirmed commitment to customers, employees and shareholders.
Fifth District Bancorp (Nasdaq: FDSB) has announced a new stock repurchase program authorizing the buyback of up to 555,947 shares of its common stock, representing 10% of currently outstanding shares.
The repurchases will be conducted on the open market, including through an SEC Rule 10b5-1 trading plan. The company maintains flexibility to suspend or discontinue the program based on market conditions and other factors.