Fifth District Bancorp is a savings and loan holding company that operates Fifth District Savings Bank, a federal savings bank headquartered in New Orleans and serving the New Orleans-Metairie Metropolitan Statistical Area through seven offices. The company generates revenue primarily through residential mortgage lending (especially fixed-rate mortgages to owner-occupants), supplemented by home equity loans, construction loans, commercial real estate loans, and purchased commercial and consumer loans, as well as through deposit products including savings accounts, money market accounts, and certificates of deposit that generate interest spread income. The company competes in a crowded local banking market against large national banks, regional institutions, credit unions, and fintech firms, maintaining its position as a community-focused lender focused on residential mortgages while avoiding adjustable-rate, interest-only, and subprime mortgage products.