Fifth District Bancorp, Inc. is the holding company for Fifth District Savings Bank (the Bank), a federally chartered stock savings bank. The Bank attracts deposits from the general public and uses such deposits primarily to originate loans secured by first mortgages on owner-occupied, family residences. It offers a variety of deposit accounts including checking accounts, money market accounts, and certificates of deposit. It also provides various business savings account options, such as Business Elite Checking, Business Plus Checking, Business Basic Checking, Business Savings, Business Money Market, and others. It provides various loans, such as commercial lending/small business lending, mortgage loans, construction loans, vacant lot loans, and home equity line of credit. The Bank also provides various services, including debit cards, credit cards, FDSB Connected, telephone banking, overdraft privilege, and wire transfer services.