CLST Profile
Catalyst Bancorp, Inc., headquartered in Opelousas, Louisiana, serves as the holding company for Catalyst Bank, delivering a comprehensive range of commercial and retail banking services. The company provides an array of deposit products designed to meet various financial needs, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit. These offerings are tailored to enhance both personal and business banking experiences, reflecting the company's commitment to accessible and versatile banking solutions.
Catalyst Bank’s lending portfolio encompasses a wide range of mortgage and loan products. The company extends single-family residential first mortgage loans, commercial real estate mortgage loans, and multi-family residential mortgage loans to support diverse property financing needs. In addition, it offers commercial and industrial loans, construction and land loans, consumer loans, and other specialized lending solutions. This extensive suite of loan products is designed to accommodate the financial requirements of individuals, businesses, and real estate developers.
The company also maintains a robust investment strategy, investing in a variety of securities. These include mortgage-backed securities, U.S. Treasury obligations, and securities issued by federal agencies as well as state and municipal governments. Catalyst Bancorp further invests in certificates of deposit at federally insured banks and savings institutions, as well as federal funds. This diversified investment approach is intended to optimize returns while managing risk.
Catalyst Bancorp operates through six full-service branches located in Carencro, Eunice, Lafayette, Opelousas, and Port Barre. Established in 1922, the company has a long history of serving the community with personalized banking services and a focus on customer satisfaction. Its extensive branch network and comprehensive range of financial products underscore its dedication to meeting the evolving needs of its customers in the region.
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