Fifth District Savings Bank
FDSB
NASDAQ Global Market15.06
USD
-0.01
- -
CIK
0002012726
ISIN
US3169261043
CUSIP
316926104
Return %
Stock
S&P500
1Y
20.48
26.99
3Y
46.93
77.19
5Y
46.93
79.08
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Amie L. Lyons
- Full Time Employees
- 67
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 4000 General DeGaulle Drive New Orleans MD United States of America 70114
- IPO Date
- Aug 1, 2024
- CIK
- 0002012726
- Website
- fifthdistrict.com
- Similar Companies
- Business
- Fifth District Savings Bank operates as a federally-chartered savings bank headquartered in New Orleans, Louisiana, primarily serving customers in the United States. Founded in 1926, the bank offers a comprehensive suite of financial products and services including savings accounts, checking accounts, money market accounts, certificates of deposit, consumer and business loans, credit and debit cards, as well as electronic banking services such as online and mobile banking, bill payment, and electronic funds transfers. Its lending portfolio is focused primarily on fixed-rate one-to-four-family residential mortgage loans, with additional products including construction loans, home equity loans and lines of credit (HELOC), land loans, commercial real estate loans, commercial and industrial loans, and share loans secured by deposit accounts. Fifth District Savings Bank also offers debit cards featuring chip technology for enhanced security and supports retail banking functionalities through multiple branches and ATMs. In recent major developments, Fifth District Bancorp, Inc., the bank's holding company, completed an initial public offering in mid-2024 and began trading on the Nasdaq Capital Market under the ticker symbol FDSB. The bank implemented significant enhancements to its digital banking platform with the launch of "FDSB Connected," a modernized online and mobile banking experience designed to provide customers with added security and improved communications capabilities. In 2024, the bank expanded its loan product offerings to include Federal Housing Administration (FHA) and Veterans Affairs (VA) loans, as well as introduced real-time payments allowing customers to receive instantaneous funds transfers into their deposit accounts. Fifth District also adapted its business checking account product to permit access to online banking, bill payment, mobile deposit, and electronic statements. The holding company authorized a stock repurchase program in late 2024 as part of its strategic financial management. Fifth District Savings Bank primarily operates in the residential real estate lending market within its geographic focus around New Orleans and the surrounding parishes, holding a modest deposit market share in areas like Tammany Parish. It conducts its business through several branches and ATM locations, providing comprehensive mortgage loan origination and deposit services. Its operational enhancements emphasize customer convenience and technological integration in digital banking, aimed at strengthening local market competitiveness and client service. The company remains wholly focused on retail and small business customers, emphasizing residential mortgage products alongside diversified deposit and lending services. This description incorporates the bank's historic roots, core product and service offerings, recent strategic financial moves, and operative enhancements in digital banking and loan products as of late 2024 and 2025.
Fifth District Bancorp, Inc. Promotes Amie L. Lyons to Permanent President and Chief Executive Officer
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Fifth District Bancorp, Inc. Authorizes Stock Repurchase Program
Fifth District Bancorp: Deep Value At 0.56x Book With Excess Capital