Veteran banker Donna Guerra joins Fifth District (NASDAQ: FDSB) board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fifth District Bancorp, Inc. appointed Donna T. Guerra to its Board of Directors, effective June 8, 2026, to serve in the director class with terms expiring in 2027. Fifth District Savings Bank, the company’s banking subsidiary, also added her to its board.
Guerra, age 61, is a CPA and Chartered Global Management Accountant with experience at Canal Barge Company and previously at Hibernia Bancorp and Hibernia Bank, where she held senior roles including Chief Operating Officer and Chief Financial Officer. The board has not yet determined on which committees she will serve, and there was no arrangement or understanding with any other person for her selection.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Appointment date: June 8, 2026
Director term end: 2027
Age of Donna T. Guerra: 61
+3 more
6 metrics
Appointment date
June 8, 2026
Date Donna T. Guerra was appointed to the boards
Director term end
2027
Class of directors with terms expiring in 2027
Age of Donna T. Guerra
61
Age at time of appointment
Employment at Canal Barge affiliates since
June 2019
Start of employment at Canal Barge Company, Inc.
Director of Finance tenure
2019–2024
Served as Director of Finance at Canal Barge affiliate
Prior Hibernia employment length
13 years
Time at Hibernia Bancorp, Inc. and Hibernia Bank
Key Terms
Emerging growth company, Chartered Global Management Accountant (CGMA), Board of Directors, Cybersecurity Team
4 terms
Emerging growth company financial
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Chartered Global Management Accountant (CGMA) financial
"In addition to having a CPA certification, Ms. Guerra is certified as a Chartered Global Management Accountant (CGMA)."
Board of Directors financial
"appointed Donna T. Guerra to its Board of Directors to serve in the class of Directors with terms expiring in 2027."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Cybersecurity Team technical
"She is a member of its Cybersecurity Team, and served as its Director of Finance from 2019 to 2024."
FAQ
What did Fifth District Bancorp (FDSB) announce in this Form 8-K?
Fifth District Bancorp announced the appointment of Donna T. Guerra to its Board of Directors and to the board of Fifth District Savings Bank. She joins the director class whose terms expire in 2027, strengthening the organization’s leadership with additional banking and finance experience.
Who is Donna T. Guerra, newly appointed director at Fifth District Bancorp (FDSB)?
Donna T. Guerra is a 61-year-old CPA and Chartered Global Management Accountant. She works at Canal Barge Company affiliates and previously held senior roles, including Chief Operating Officer and Chief Financial Officer, at Hibernia Bancorp and Hibernia Bank over a 13-year period.
What is the term of Donna Guerra’s board service at Fifth District Bancorp (FDSB)?
Donna Guerra was appointed to serve in the class of directors whose terms expire in 2027. This places her within an existing staggered board structure, aligning her service period with that specific director class at both the holding company and bank boards.
Have board committee assignments been decided for Donna Guerra at Fifth District Bancorp?
As of the date of this Form 8-K, the Board of Directors has not determined which committees Donna Guerra may join. Committee assignments, such as audit or compensation, will be decided later, reflecting the board’s ongoing governance and organizational considerations.
What professional background does Donna Guerra bring to Fifth District Bancorp (FDSB)?
Donna Guerra has worked for Canal Barge Company since June 2019, most recently as Director of Terminal Services and previously as Director of Finance. She also served 13 years at Hibernia Bancorp and Hibernia Bank in senior management, including as Chief Operating Officer and Chief Financial Officer.