other
confidence high
sentiment neutral
materiality 0.30
Fifth District Bancorp boosts CFO Melissa Burns' annual retirement benefit to $94,000
Fifth District Bancorp, Inc.
- Amendment dated July 14, 2025 raises retirement benefit from $80,316 to $94,000 per year.
- Benefit payable upon separation at or after age 65; monthly payment of $7,833.33 for 180 months.
- CFO Melissa Burns is the executive covered; bank subsidiary Fifth District Savings Bank is party.
- Agreement originally adopted Feb 29, 2024; this is the first amendment.
item 5.02item 9.01