UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(a) Not applicable.
(b) Effective February 2, 2022, Catalyst Bancorp, Inc. (the “Company”), the parent holding company for St. Landry Homestead Federal Savings Bank (the “Bank”), announced a realignment within its executive team. Jutta A. Codori relinquished her position as Chief Financial Officer of the Company and the Bank. Mrs. Codori is transitioning into the role of Senior Administrative Officer for the Company and the Bank.
(c) Also effective as of February 2, 2022, Jacques L. J. Bourque, age 29, has been promoted to the position of Chief Financial Officer of the Company and the Bank. Mr. Bourque joined the Bank as Treasurer in October 2021. Previously, he served as Senior Accountant for Home Bank, N.A., in Lafayette, Louisiana, from October 2018 to October 2021, Staff Auditor for Postlethwaite & Netterville from June 2018 to October 2018 and as Internal Auditor for Home Bank, N.A. from January 2017 to May 2018.
There are no arrangements or understandings between a director or executive officer of the Company and Mr. Bourque pursuant to which he was named an executive officer of the Company. No directors or executive officers of the Company or the Bank are related to Mr. Bourque by blood, marriage or adoption. Mr. Bourque has not engaged in any transactions with the Company or any of its subsidiaries that would be required to be reported under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.
A copy of the Company’s press release issued by the Company on February 2, 2022 announcing Mr. Bourque’s promotion is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits
The following exhibits are filed herewith.
Exhibit Number | Description | |
99.1 | ||
104 | Cover Page Interactive Data File. Embedded within the Inline XBRL document. |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CATALYST BANCORP, INC. | ||||
Date: | February 2, 2022 | By: | /s/ Joseph B. Zanco | |
Joseph B. Zanco | ||||
President and Chief Executive Officer | ||||
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