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                                EXHIBIT 10(h)
                             SEVERANCE AGREEMENT

     THIS SEVERANCE AGREEMENT (the "Agreement"), is made and entered into as 
of this 31st day of July, 1997, by and between PINNACLE FINANCIAL SERVICES, 
INC., a Michigan corporation ("Pinnacle"), PINNACLE BANK, a Michigan banking 
corporation ("Pinnacle Bank") and DAVID W. KOLHAGEN (the "Executive").
                                       
                                  WITNESSETH:

     WHEREAS, Pinnacle has entered into (i) an Agreement and Plan of Merger 
dated as of November 14, 1996, as amended by First Amendment to Agreement and 
Plan of Merger dated as of February 27, 1997 (the "IFC Merger Agreement"), 
with Indiana Federal Corporation, a Delaware corporation ("IFC"), pursuant to 
which IFC is to be merged with and into Pinnacle (the "IFC Merger"), and the 
wholly-owned subsidiary of IFC, Indiana Federal Bank for Savings, a Federal 
Savings Bank ("IndFed Bank"), is to be merged and consolidated into the 
wholly-owned subsidiary of Pinnacle, Pinnacle Bank, and (ii) an Agreement and 
Plan of Merger dated as of March 1, 1997, (the "CB Merger Agreement"), with 
CB Bancorp, Inc., a Delaware corporation ("CB"), pursuant to which CB is to 
be merged with and into Pinnacle (the "CB Merger"), and the wholly-owned 
subsidiary of CB, Community Bank, a Federal Savings Bank ("CB Bank"), is to 
be merged and consolidated into Pinnacle Bank; and

     WHEREAS, Executive is currently serving as an executive of Pinnacle 
and/or Pinnacle Bank and is a party to an Employment Severance Compensation 
Agreement dated April 18, 1995, as amended by the amended and restated 
Employment Severance Compensation Agreement dated April 30, 1996 (the 
"Employment Agreement"), with Pinnacle and Pinnacle Bank, pursuant to which 
the Executive is entitled to certain benefits, including, among other things, 
certain benefits following a change in control affecting Pinnacle and/or 
Pinnacle Bank; and

     WHEREAS, upon both of the mergers contemplated under the IFC Merger 
Agreement and the CB Merger Agreement becoming effective, Pinnacle, as the 
survivor of the mergers with IFC and CB, and Pinnacle Bank, as the survivor 
of the mergers and consolidations with IndFed Bank and CB Bank, desire to 
continue the employment of the Executive with Pinnacle and/or Pinnacle Bank, 
but on terms provided herein, which are different than and would supersede 
the 

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terms provided in the Employment Agreement; and

     WHEREAS, Executive is willing to be employed with Pinnacle and/or 
Pinnacle Bank following the effectiveness of both of the mergers contemplated 
by the IFC Merger Agreement and the CB Merger Agreement on terms provided 
herein, and to cancel and terminate the Employment Agreement as herein 
provided;

     NOW, THEREFORE, in consideration of the premises and of the respective 
covenants and agreements of the parties provided herein, the parties do 
hereby agree as follows:

5.   CERTAIN DEFINITIONS.

          (a)  The term "Change in Control" means (i) any "person", as such 
term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 
1934, as amended (the "Exchange Act") (other than Pinnacle, Pinnacle Bank, 
any of their affiliates, any person (as hereinabove defined) acting on behalf 
of Pinnacle and/or Pinnacle Bank as underwriter pursuant to an offering who 
is temporarily holding securities in connection with such offering, any 
trustees or other fiduciary holding securities under an employee benefit plan 
of Pinnacle and/or Pinnacle Bank, or any corporation owned, directly or 
indirectly, by the stockholders of Pinnacle in substantially the same 
proportions as their ownership of stock of Pinnacle), is or becomes the 
"beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), 
directly or indirectly, of securities of Pinnacle and/or Pinnacle Bank 
representing 25% or more of the combined voting power of Pinnacle's and/or 
Pinnacle Bank's then outstanding securities; (ii) individuals who are members 
of the Board of Pinnacle and/or Pinnacle Bank (the "Incumbent Board") upon 
the consummation of both the IFC Merger and the CB Merger (the "Commencement 
Date") cease for any reason to constitute at least a majority thereof, 
provided that any person becoming a director subsequent to the Commencement 
Date whose election was approved by a vote of at least a majority of the 
directors comprising the Incumbent Board or whose nomination for election by 
stockholders was approved by the nominating committee serving under an 
Incumbent Board, shall be considered a member of the Incumbent Board; (iii) 
the stockholders of Pinnacle and/or Pinnacle Bank approve a merger or 
consolidation of Pinnacle and/or Pinnacle Bank with any other corporation, 
other than (1) a merger or consolidation which would result in the voting 
securities of Pinnacle outstanding immediately prior thereto continuing to 
represent (either by remaining outstanding or by being converted

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into voting securities of the surviving entity) more than 50% of the combined 
voting power of the voting securities of Pinnacle or such surviving entity 
outstanding immediately after such merger or consolidation, or (2) a merger 
or consolidation effected to implement a recapitalization of Pinnacle (or 
similar transaction) in which no person (as hereinabove defined) acquires 
more than 25% of the combined voting power of Pinnacle's then outstanding 
securities; or (iv) the stockholders of Pinnacle and/or Pinnacle Bank approve 
a plan of complete liquidation of Pinnacle and/or Pinnacle Bank or an 
agreement for the sale or disposition by Pinnacle of all or substantially all 
of the assets of Pinnacle and/or Pinnacle Bank (or any transaction having a 
similar effect). Notwithstanding the foregoing or anything to the contrary, 
neither the IFC Merger nor the CB Merger shall constitute a "Change in 
Control" for purposes of this Agreement.

          (b)  The term "Good Reason" means the occurrence, without the 
Executive's express written consent, of a material diminution of or 
interference with the Executive's duties, responsibilities or benefits, 
including, without limitation, any of the following circumstances unless such 
circumstances are fully corrected prior to the Date of Termination specified 
in the Notice of Termination given by the Executive in respect thereof:

       (1)     a requirement that the Executive be principally based at any 
               location not within 25 miles of St. Joseph, Michigan, or that 
               he substantially increase his travel on Pinnacle or Pinnacle 
               Bank business:

       (2)     a material demotion of the Executive;

       (3)     a material reduction in the number or seniority of personnel 
               reporting to the Executive or a material reduction in the 
               frequency with which, or in the nature of the matters with 
               respect to which such personnel are to report to the 
               Executive, other than as part of a company-wide reduction in 
               staff;

       (4)     a reduction in the Executive's salary or a material adverse 
               change in the Executive's perquisites, benefits, contingent 
               benefits or vacation, other than as part of an overall program 
               applied uniformly and with equitable effect to all members of 
               the senior management of Pinnacle or Pinnacle Bank;

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       (5)     a material and extended increase in the required hours of work 
               or the workload of the Executive; or

       (6)     the failure of Pinnacle or Pinnacle Bank to obtain a 
               satisfactory agreement from any successor to assume the 
               obligations and liabilities under this Agreement, as 
               contemplated in Section 16 hereof.

          (c)  The terms "Termination for Cause" or "Cause" in relation to a 
termination of employment shall mean termination because of the Executive's 
intentional or persistent failure to perform stated duties of a material 
nature, personal dishonesty which results in material loss to Pinnacle or 
Pinnacle Bank, willful violation of any law, rule, regulation (other than 
traffic violations or similar offenses) or final cease and desist order which 
results in material loss to Pinnacle or Pinnacle Bank, or any material breach 
of this Agreement.  For purposes of this Section, no act, or the failure to 
act, on Executive's part shall be "willful" unless done, or omitted to be 
done, not in good faith and without reasonable belief that the action or 
omission was in the best interest of Pinnacle or Pinnacle Bank.  
Notwithstanding the foregoing, Executive shall not be deemed to have been 
terminated for Cause unless and until there shall have been delivered to him 
a Notice of Termination which shall include a copy of a resolution duly 
adopted by the affirmative vote of not less than a majority of the members of 
the Board of Pinnacle (excluding the Executive for purposes of said 
computation) at a meeting of the Board called and held for that purpose 
(after reasonable notice to Executive and an opportunity for him, together 
with counsel, to be heard before the Board), finding that in the good faith 
opinion of the Board, Executive was guilty of conduct justifying termination 
for Cause and specifying the particulars thereof in detail.

2.   DESCRIPTION OF SERVICES.

     Following the consummation of both the IFC Merger and the CB Merger, 
Executive shall serve as an employee of Pinnacle and/or Pinnacle Bank, in 
such capacity as may be mutually agreed by Pinnacle and/or Pinnacle Bank and 
Executive.  As an employee of Pinnacle and/or Pinnacle Bank, Executive will 
provide Pinnacle and its affiliates with the benefit of his special 
knowledge, skill, contacts and business experience in the banking, savings 
and loan, and financial services industries.

3.   AT WILL EMPLOYMENT.

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     Executive shall be employed as an "at will " employee, and said 
employment may be terminated by either Pinnacle and/or Pinnacle Bank or 
Executive at any time, whether for "Cause" or any reason whatsoever, subject 
to the provisions of Sections 4, 5, 6 and 8 of this Agreement.

4.   PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION PRIOR TO A CHANGE IN 
     CONTROL.

     Subject to the provisions of Section 6 of this Agreement:

     (a)  Upon the occurrence of an "Event of Termination Prior to a Change 
of Control" (as herein defined), the provisions of this Section shall apply.  
As used in Sections 4(a) and (b) of this Agreement, an "Event of Termination 
Prior to a Change in Control" shall mean termination of employment service in 
all capacities with Pinnacle and Pinnacle Bank, for any reason, which 
termination of employment service occurs after the effective date of this 
Agreement but prior to the occurrence of a Change in Control, including, 
without limitation, the termination by Pinnacle and/or Pinnacle Bank of 
Executive's full-time employment hereunder whether for "Cause" or for any 
reason whatsoever, the termination by the Executive of his employment for 
Good Reason or for any reason whatsoever, or termination upon the retirement, 
resignation, death or disability of Executive.

     (b)  Upon the occurrence of an Event of Termination Prior to a Change in 
Control, Pinnacle and/or Pinnacle Bank shall pay Executive, or in the event 
of his death or disability, his beneficiary or beneficiaries, or his estate 
or legal representatives, as the case may be, (i) the salary of Executive 
through the Date of Termination at the rate in effect at the time the Notice 
of Termination is given, at the time such payments are due; and (ii) in a 
lump sum in cash, within 30 days after the Date of Termination, as severance 
pay or liquidated damages, or both, the sum of $287,000.

5.   PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION UPON OR FOLLOWING A 
     CHANGE IN CONTROL.

     Subject to the provisions of Section 6 of this Agreement:

     (a)  In the event that Pinnacle and/or Pinnacle Bank shall terminate the 
Executive's employment other than Termination for Cause, or the Executive 
shall terminate his employment for Good

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Reason, or the Executive's employment shall be terminated by retirement, 
death or disability, in any said case upon or within 24 months following a 
Change in Control, Pinnacle and/or Pinnacle Bank shall (i) pay the Executive 
his salary through the Date of Termination at the rate in effect at the time 
the Notice of Termination is given, at the time such payments are due; and 
(ii) pay to the Executive in a lump sum in cash, within 30 days after the 
Date of Termination, an amount equal to the greater of:

     (A)  the lesser of:

          (1)  200% of the Executive's total compensation of any and all 
               types, including salary, bonus, gains on exercise of stock 
               options and other benefits, paid to or earned by Executive 
               from Pinnacle, Pinnacle Bank and all of their affiliates 
               during the fiscal year most recently completed on or prior to 
               the date of the Change in Control, or

          (2)  299% of the Executive's "base amount" as determined under 
               Section 280G of the Internal Revenue Code of 1986, as amended 
               (the "Code"), less the aggregate present value of the payments 
               or benefits, if any, in the nature of compensation for the 
               benefit of the Executive, arising under any other plans or 
               arrangements (i.e., not this Agreement) between Pinnacle or 
               Pinnacle Bank or any of their affiliates and the Executive, 
               which are contingent upon a Change in Control and which are 
               not deemed to be "reasonable compensation" under Section 280G 
               of the Code, or

     (B)  $287,000.

     (b)  In the event that Pinnacle and/or Pinnacle Bank shall terminate the 
Executive's employment for Cause, or the Executive shall terminate his 
employment other than for Good Reason, in any said case upon or at any time 
following a Change in Control, or the Executive's employment shall be 
terminated for any reason more than 24 months following a Change in Control, 
Pinnacle and/or Pinnacle Bank shall pay to Executive , or in the event of his 
death or disability, his beneficiary or beneficiaries, or his estate or legal 
representatives, as the case may be, (i) the salary of Executive through the 
Date of Termination at the rate in effect at the time the Notice of 
Termination is given, at the time such

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payments are due; and (ii) in a lump sum in cash, within 30 days after the 
Date of Termination, as severance pay or liquidated damages, or both, the sum 
of $287,000.

6.   REGULATORY AND OTHER RESTRICTIONS.

     (a)  If the Executive is suspended and/or temporarily prohibited from 
participating in the conduct of Pinnacle's and/or Pinnacle Bank's affairs by 
a notice served under Section 8(e)(3) or (g)(1) of the Federal Deposit 
Insurance Act (the "FDIA"), 12 U.S.C. Section 1818(e)(3) and (g)(1), or 
Section 37 of the Michigan Banking Code (the "MBC"), M.C.L. Section 487.337, 
Pinnacle's and Pinnacle Bank's obligations under this Agreement shall be 
suspended as of the date of service, unless stayed by appropriate 
proceedings.  If the charges in the notice are dismissed, Pinnacle and/or 
Pinnacle Bank may in its discretion (i) pay the Executive all or part of 
withheld while its obligations under this Agreement were suspended and (ii) 
reinstate in whole or in part any of its obligations which were suspended.

     (b)  If the Executive is removed and/or permanently prohibited from 
participating in the conduct of Pinnacle's and/or Pinnacle Bank's affairs by 
an order issue under Section 8(e)(4) or (g)(1) of the FDIA, 12 U.S.C. Section 
1818(e)(4) and (g)(1), or under Section 37 of the MBC, M.C.L. Section 
487.337, all obligations of Pinnacle and Pinnacle Bank under this Agreement 
shall terminate as of the effective date of the order, but vested rights of 
the contracting parties shall not be affected.

     (c)  If Pinnacle and/or Pinnacle Bank is in default (as defined in 
Section 3(x)(1) of the FDIA), or its performance of this Agreement is grounds 
for an action under Section 35 of the MBC, M.C.L. Section 487.335, all 
obligations under this Agreement shall terminate as of the date of default, 
but this provision shall not affect any vested rights of the contracting 
parties.

     (d)  Any payments made to the Executive pursuant to this Agreement, or 
otherwise, are subject to and conditioned upon their compliance with 12 
U.S.C. Section 1828(k) and any regulation promulgated thereunder.

     (e)  The Executive shall not be required to mitigate the amount of any 
payment or provided for in this Agreement by seeking other employment or 
otherwise, nor shall the amount of any payment or benefit provided for in 
this Agreement be reduced by any

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compensation earned by the Executive as a result of employment by another 
employer, by retirement benefits after the date of termination or otherwise.  
This Agreement shall not be construed as providing the Executive any rights 
to be retained in the employ of Pinnacle, Pinnacle Bank or any affiliate of 
Pinnacle.

7.   NOTICE.

     (a)  Any purported termination by Pinnacle and/or Pinnacle Bank or by 
Executive shall be communicated by Notice of Termination to the other party 
hereto. For purposes of this Agreement, a "Notice of Termination" shall mean 
a written notice which shall indicate the specific termination provision in 
this Agreement relied upon and shall set forth in reasonable detail the facts 
and circumstances claimed to provide a basis for termination of Executive's 
employment under the provision so indicated.

     (b)  "Date of Termination" shall mean the date specified in the Notice 
of Termination (which, in the case of a Termination for Cause, shall not be 
less than thirty (30) days from the date such Notice of Termination is given).

8.   POST-TERMINATION OBLIGATIONS.

     (a)  All payments and benefits to Executive under this Agreement shall 
be subject to Executive's compliance with paragraph (b) of this Section 8 
during the term of this Agreement and for one (1) full year after the 
expiration or termination hereof.

     (b)  Executive shall, upon reasonable notice, furnish such information 
and assistance to Pinnacle and Pinnacle Bank as may reasonably be required by 
Pinnacle and/or Pinnacle Bank in connection with any litigation in which it 
or any of its subsidiaries or affiliates is, or may become, a party.

9.   SOURCE OF PAYMENTS.

     All payments provided in this Agreement shall be timely paid in cash or 
check from the general funds of Pinnacle and/or Pinnacle Bank.

10.  NO ATTACHMENT; SUCCESSORS AND ASSIGNS; JOINT AND SEVERAL OBLIGATIONS.

     (a)  Except as required by law, no right to receive payments

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under this Agreement shall be subject to anticipation, commutation, 
alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation, 
or to execution, attachment, levy, or similar process or assignment by 
operation of law, and any attempt, voluntary or involuntary, to affect any 
such action shall be null, void, and of no effect.

     (b)  This Agreement shall be binding upon, and inure to the benefit of, 
Executive, on the one hand, and his heirs, beneficiaries and legal 
representatives, and Pinnacle and Pinnacle Bank, on the other hand, and their 
respective successors and assigns.

     (c)  The obligations of Pinnacle and Pinnacle Bank hereunder are joint 
and several obligations of each of them.

11.  MODIFICATION.

     This Agreement may not be modified or amended except by an instrument in 
writing signed by the parties hereto.

12.  SEVERABILITY.

     If, for any reason, any provision of this Agreement, or any part of any 
provision, is held invalid, such invalidity shall not affect any other 
provision of this Agreement or any part of such provision not held so 
invalid, and each such other provision and part thereof shall to the full 
extent consistent with law continue in full force and effect.

13.  HEADINGS FOR REFERENCE ONLY.

     The headings of sections and paragraphs herein are included solely for 
convenience of reference and shall not control the meaning or interpretation 
of any of the provisions of this Agreement.

14.  ARBITRATION.

     Any dispute or controversy arising under or in connection with this 
Agreement shall be settled exclusively by arbitration, conducted before a 
panel of three arbitrators sitting in a location selected by the Executive 
within fifty (50) miles from the location of the chief executive offices of 
Pinnacle, in accordance with the rules of the American Arbitration 
Association then in effect.

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15.  PAYMENT OF LEGAL FEES.

     All reasonable legal fees paid or incurred by Executive pursuant to any 
dispute or question of interpretation relating to this Agreement shall be 
paid or reimbursed by Pinnacle and/or Pinnacle Bank, if Executive is 
successful on the merits pursuant to a legal judgment, arbitration or 
settlement.

16.  SUCCESSOR TO PINNACLE AND/OR PINNACLE BANK.

     Pinnacle and Pinnacle Bank shall each require any successor or assignee, 
whether direct or indirect, by purchase, merger, consolidation or otherwise, 
to all or substantially all its business or assets, expressly and 
unconditionally to assume and agree to perform its obligations under this 
Agreement, in the same manner and to the same extent that it would be 
required to perform if no such succession or assignment had taken place.

17.  APPLICABLE LAW.

     This Agreement shall be governed by the laws of the State of Michigan 
applicable to contracts made and wholly to be performed within such state.

18.  EFFECTIVENESS AND SUPERSEDED AGREEMENTS.

     This Agreement shall be effective upon consummation of both the IFC 
Merger and the CB Merger.  In the event the IFC Merger Agreement is 
terminated, or if the IFC Merger is not consummated for any reason, or the CB 
Merger Agreement is terminated, or if the CB Merger is not consummated, this 
Agreement shall be null and void and of no effect.  Notwithstanding the 
foregoing, by executing this Agreement, the Executive acknowledges and agrees 
that, in the event both the IFC Merger and the CB Merger are consummated and 
this Agreement becomes effective, his Employment Severance Compensation 
Agreement with Pinnacle and Pinnacle Bank dated April 18, 1995, as amended by 
the amended and restated Employment Severance Compensation Agreement dated 
April 30, 1996, shall immediately and automatically be and become superseded, 
void and of no effect, without need of any further action; and that, in said 
event, he shall have no rights to any payments or other benefits under such 
prior agreements.

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the 
date first above written.

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                           Pinnacle Financial Services, Inc.



                                  By:
_______________________________
David W. Kolhagen                 Richard L. Schanze, Chairman
"Executive"                       and Chief Executive Officer


                              Pinnacle Bank


                              By:
                                   Arnold L. Weaver
                                   President