Exhibit 10.4
 
Terms of Employment Arrangement
between Slavie Federal Savings Bank
and Charles E. Wagner

Mr. Wagner is employed on an at-will basis at a rate of pay of $87,360.00 as of
January 1, 2009.  Mr. Wagner is also eligible to receive annual salary increases
as determined by the Compensation Committee of the Board of Directors and an
annual bonus as determined by the Compensation Committee of the Board of
Directors.  He is also entitled to all benefits available to full-time employees
of Slavie Federal Savings Bank.  Mr. Wagner received a bonus of $23,596.04 for
2008, which was paid in March, 2009.

Mr. Wagner is also compensated for his attendance at board meetings at the same
rate as other board members.  Mr. Wagner received $27,550.00, including a $6,000
bonus, for his service as a director and $4,050.00 for his service as board
secretary during 2008.
 
 
 
 

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