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    Joseph B. Zanco

    President and Chief Executive Officer at Catalyst Bancorp Inc
    Board
    Since August 2020
    Age
    54 years
    Tenure
    Joined CLST as President and Chief Executive Officer in August 2020 and became a Director in January 2021.

    Also at Catalyst Bancorp Inc

    ABQ
    Amanda B. Quebedeaux
    Senior Vice President and Chief Operations Officer
    DPL
    Don P. Ledet
    Senior Vice President and Chief Risk Officer
    JLJB
    Jacques L. J. Bourque
    Chief Financial Officer

    About

    Joseph B. Zanco is the President and Chief Executive Officer at CLST, bringing extensive experience in financial management and leadership in public company operations.

    He began his tenure at CLST in August 2020 as CEO and later joined as a Director in January 2021, contributing to broad strategic and operational decisions.

    Throughout his career, he has held key roles such as Executive Vice President and Chief Financial Officer at Home Bancorp, Inc. and Home Bank, National Association, and served in various leadership positions that underline his expertise in the banking and financial industry.

    $CLST Performance Under Joseph B. Zanco

    Past Roles

    OrganizationRoleDate Range
    Home Bancorp, Inc. and Home Bank, National Association Executive Vice President and Chief Financial Officer April 2008 - August 2020
    Iberiabank Controller and Principal Accounting Officer February 2005 - April 2008
    One Acadiana (the Greater Lafayette Chamber of Commerce) Past Chairman of the Board of Directors N/A
    Ochsner Lafayette General Former Member of the Board of Trustees N/A

    External Roles

    OrganizationRoleDate Range
    Louisiana Association of Business and Industry Board of Directors N/A
    Vision St. Landry Board of Directors N/A
    Community Foundation of Acadiana Board of Directors N/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$300,000 AnnuallyN/A
    Bonus (Discretionary Bonus)$30,000 Annually at discretionN/A
    Annual Vehicle Allowance$18,000 AnnuallyN/A
    Life Insurance Premiums$25,600 AnnuallyN/A
    Reimbursement of Taxes under Restricted Executive Benefit Agreement$15,385 AnnuallyN/A
    Health Insurance Premiums for Eligible Family Members$11,099 AnnuallyN/A
    Fair Market Value of ESOP SharesBased on $11.77 per share N/AIncluded in "All Other Compensation" (not separately itemized)
    Supplemental Benefit from Employment Agreement$750,000 Vesting over 15 yearsVesting over 15 years
    Additional Life Insurance from Employment Agreement$500,000 Payable upon deathN/A
    Stock Options under Catalyst Bancorp, Inc. 2022 Stock Options PlanExercisable: 21,160; Unexercisable: 31,740; Exercise Price: $13.30 Vesting 20% per yearExpiration Date: September 1, 2032
    Stock AwardsVested: 8,464 shares ($99,621); Not Vested: 12,696 shares ($149,432) Vesting 20% per yearN/A

    Performance Compensation

    Data from  FY 2024

    No information available on performance compensation for 2024