EXHIBIT 10.1


                        2000 DIRECTORS' STOCK OPTION PLAN
                                       OF
                           LAFAYETTE COMMUNITY BANCORP


           1. Purpose. The 2000 Directors' Stock Option Plan of Lafayette
Community Bancorp ("Plan") is designed to promote the interests of Lafayette
Community Bancorp ("Company") and Lafayette Community Bank ("Bank") through the
granting of nonqualified stock options to the members of the Board of Directors
of the Company and the Bank who are serving as Directors as of the date hereof
("Directors").

           2.        Administration.

     (a) The Plan shall be administered by a committee appointed by the Board of
Directors of the Company ("Committee") who shall be designated from time to time
by the Board of Directors. No non-employee director of the Company eligible to
receive grants of options under the Plan or who, during the one year period
prior to any proposed service as a member of the Committee, was granted or
awarded equity securities pursuant to the Plan or any other plan of the Company
or any of its affiliates shall be eligible to serve as a member of the
Committee, except as may be otherwise provided for "disinterested
administration" in Rule 16b-3(c)(2) of the Rules and Regulations promulgated by
the Securities and Exchange Commission under the Securities Exchange Act of
1934.

     (b) Notwithstanding any other provisions of the Plan, the Committee shall
have authority (i) to grant options; (ii) to determine the number of shares to
be made the subject of options; (iii) to determine the option period; (iv) to
determine the time or times at which options will be granted; (v) to determine
other conditions and limitations, if any, applicable to the exercise of options;
and (vi) to determine the nature and duration of the restrictions, if any, to be
imposed upon the sale or other disposition of shares acquired by any Director
upon exercise of an option and the nature of the events, if any, and the
duration of the period, in which any Director's rights in respect of shares
acquired upon exercise of an option may be forfeited. Each option granted under
the Plan to a Director shall be evidenced by a written stock option agreement
containing terms and conditions established by the Committee consistent with the
provisions of the Plan. Notwithstanding the foregoing, the Committee shall have
no authority to alter the option price specified in paragraph 5 or the option
period specified in paragraph 6 with respect to any options granted under the
Plan.

     (c) The Committee is authorized, subject to the provisions of the Plan, to
adopt, amend and rescind such rules and regulations as it may deem appropriate
for the administration of the Plan and to make determinations and
interpretations which it deems consistent with the Plan's provisions. The
Committee's determination and interpretations shall be final and conclusive.

     (d) Neither the Plan nor any stock option agreement executed hereunder
shall constitute a contract of employment. Participation in the Plan does not
give any Director the right to be retained, nominated or reelected as a Director
of the Company or the Bank.

     (e) The Plan shall comply with applicable state and federal laws and
regulations governing the Company's sufficiency of capital. In the event that
the Company's capital falls below the minimum capital requirements, as
determined by


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the Company's primary state or federal regulator, the Company's primary federal
regulator shall have the authority to direct the Company to require Plan
participants to exercise or forfeit the rights to shares of the Company under
the Plan.

           3. Shares Covered by the Plan. The stock to be subject to options
under the Plan shall be shares of authorized common stock of the Company and may
be unissued shares or reacquired shares (including shares purchased in the open
market), or a combination thereof, as the Committee may from time to time
determine. Subject to the provisions of paragraph 10, the maximum number of
shares to be delivered upon exercise of all options granted under the Plan shall
not exceed 96,000. Shares covered by an option that remain unpurchased upon
expiration or termination of the option may be made subject to further options.
No individual shall be eligible to participate in the Plan or receive options on
the basis of his or her status as a Director of more than one entity.

           4. Eligibility. All individuals elected to serve as Company or Bank
Directors shall be eligible, from time to time, to receive options to acquire
shares of Company stock as determined by the Committee in its discretion.
However, an individual shall not receive additional options because he is a
member of more than one board of directors.

           5. Option Price. The option price per share of stock under each
option granted to a Director hereunder shall be the greater of Ten Dollars
($10.00) per share or the fair market value of the share on the date the option
is granted. For all purposes of the Plan, the term "fair market value" shall be
determined by the Committee in good faith based upon quotations of the entities
which make a market in Company stock and such other factors as the Committee
shall deem appropriate. If the common stock of the Company is not quoted by
entities which make a market in the Company's stock, the fair market value shall
be determined by the Committee in good faith based upon such factors as the
Committee deems appropriate.

           6. Option Period. No option period shall exceed ten (10) years
from the date of grant of such option.

           7. Vesting and Exercise of Options. (a) All options granted under the
Plan shall be exercisable during the lifetime of the optionee only by such
optionee and, except as serviced in section 6 hereof, no option may be exercised
unless, at the time the optionee exercises the option, he or she is actually
serving as a Director of the Company or the Bank. All options granted under the
Plan shall vest in accordance with the following schedule:


                                                           Percentage of
              Vesting Date                                 Options Vested
--------------------------------------------------   --------------------------
First Anniversary of Date of Option Grant                          20.0%
Second Anniversary of Date of Option Grant                         20.0%
Third Anniversary of Date of Option Grant                          20.0%
Fourth Anniversary of Date of Option Grant                         20.0%
Fifth Anniversary of Date of Option Grant                          20.0%

           Notwithstanding the above schedule, the Committee may, in its
discretion, accelerate the time(s) at which all or any part of an option may be
exercised.

          (b) Effective one (1) month from the date a Director ceases to be a
Director for any reason other than death, permanent and total disability or
cause, all options therefore granted to that director shall terminate and shall
not be exercisable. If a Director dies or becomes permanently and totally
disabled, all unexercised options may be exercised within one (1) year from the
date his status as a Director ceases for such reason (but not later than the
date the option expires pursuant to its terms). During such period, subject to
the limitations of the option grant, the optionee, his guardian,
attorney-in-fact, or personal


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representative, as the case may be, may exercise the option. As used herein,
"permanent and total disability" shall have the same meaning ascribed to such
term by Section 22(e)(3) of the Internal Revenue Code of 1986, as amended.

     (c) If a Director is removed from the Board or the board of directors of
the Bank for cause, no previously unexercised option granted hereunder may be
exercised. Rather, all unexercised options shall terminate effective on the date
the optionee receives notice of his termination for cause. As used in their
Plan, "for cause" shall be defined as (i) the Director's willful and continued
failure to perform his required duties as a Director of the Company or the Bank,
(ii) any action by the Director which involves willful misfeasance of gross
negligence, (iii) the requirement of or direction by a federal or state
regulation agency which has jurisdiction over the Company or the Bank to remove
the Director from the Board or the board of directors of the Bank or (iv) the
conviction of the Director of the commission of any criminal offense which
involves dishonesty or breach of trust.

     (d) In the event of a Change in Control of the Company or upon the death or
total and permanent disability of the optionee, his options may be exercise in
full without regard to any restrictions on the vesting of such options.

     8. Payment for Stock. Full payment for shares purchased hereunder shall be
made at the time the option is exercised. Payment for shares purchased may be
made only in the form of cash, and such payment shall be made directly to the
Company. No shares shall be issued until full payment for them has been made,
and an optionee shall have none of the rights of a shareholder with respect to
any shares until they are issued to him. Upon payment in cash of the full
purchase price of Company shares, and any required withholding taxes, the
Company shall issue a certificate or certificates to the optionee evidencing
ownership of the shares purchased pursuant to the exercise of the option which
contain(s) such terms, conditions and provisions as may be required and as are
consistent with the terms, conditions and provisions of the Plan and the stock
option agreement between the Company and the optionee. For purposes of this
section 8, payment for shares purchased hereunder may be delivered to the
Company through such attestation or certification procedures as may be
established by the Committee from time to time in its sole discretion.

     9. Income and Employment Tax Withholding. The optionee shall be solely
responsible for paying to the Company all required federal, state, city and
local taxes applicable to his (i) exercise of an NSO under the plan and (ii)
disposition of shares acquired pursuant to the exercise of an ISO in a
disqualifying disposition of the shares under Code Section 422(a)(1).

     10. Nontransferability. No option shall be transferable, except by the
Director's will or the laws of descent and distribution. During the Director's
lifetime, his option shall be exercisable (to the extent exercisable) only by
him. The option and any rights and privileges pertaining thereto shall not be
transferred, assigned, pledged or hypothecated by him in any way, whether by
operation of law or otherwise and shall not be subject to execution, attachment,
or similar process.

     11. Changes in Stock.

     (a) In the event of any change in the common stock of the Company through
stock dividends, split-ups, recapitalizations, reclassifications, conversions,
or otherwise, or in the event that other stock shall be converted into or
substituted for the present common stock of the Company as the result of any
stock conversion, merger, consolidation, reorganization or similar transaction,
then the Committee may make appropriate adjustment or substitution in the
aggregate number, price, and kind of shares available under the Plan and in the
number, price and kind of shares covered under any options granted or to be
granted under the Plan. The Committee's determination in this respect shall be
final and conclusive. Provided, however, that the Company shall not, and shall
not permit the Bank to, recommend, facilitate or agree or consent to a
transaction or series of transactions which would result in a Change of Control
of the Company unless and until the person or persons or


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entity or entities acquiring or succeeding to the assets or capital stock of the
Company or any of its Subsidiaries as a result of such transaction or
transactions agrees to be bound by the terms of the Plan so far as it pertains
to options theretofore granted and agrees to assume and perform the obligations
of the Company and its Successor (as defined in subparagraph (b)) hereunder.

     (b) In the event of a Change in Control of the Company pursuant to which
another person or entity acquires control of the Company (such other person or
entity being the "Successor"), the kind of shares of common stock which shall be
subject to the Plan and to each outstanding option shall, automatically by
virtue of such Change in Control of the Company, be converted into and replaced
by shares of common stock, or such other class of securities having rights and
preferences no less favorable than the class of stock of the Successor, and the
number of shares subject to the option and the purchase price per share upon
exercise of the option shall be correspondingly adjusted, so that, by virtue of
such Change in Control of the Company, each Director shall have the right to
purchase (i) that number of shares of common stock of the Successor which have a
fair market value equal, as of the date of such Change in Control of the
Company, to the fair market value, as of the date of such Change in Control, of
the shares of common stock of the Company theretofore subject to his option and
(ii) for a purchase price per share which, when multiplied by the number of
shares of common stock of the Successor subject to the option, shall equal the
aggregate exercise price at which the optionee could have acquired all of the
shares of common stock of the Company theretofore optioned to the optionee.

     12. Use of Proceeds. The proceeds received by the Company from the sale of
stock pursuant to the Plan will be used for general corporate purposes.

     13. Investment Representations. Unless the shares subject to an option are
registered under the Securities Act of 1933, as amended, each Director, in the
stock option agreement between the Company and the Director, shall agree for
himself and his legal representatives that any and all shares of common stock
purchased upon the exercise of the option shall be acquired for investment and
not with a view to, or for sale in connection with, any distribution thereof.
Any share issued pursuant to an exercise of an option subject to this investment
representation shall bear a legend evidencing such restriction.

     14. Amendment and Discontinuance. The Board of Directors may, at any time,
without the approval of the stockholders of the Company, (except as otherwise
required by applicable law, rule or regulations, including without limitation
any shareholder approval of the safe harbor provisions of Rule 16b-3 promulgated
under the Securities Exchange Act of 1934) alter, amend, modify, suspend, or
discontinue the Plan, but may not, without the consent of the holder of an
option, make any alteration which would adversely affect an option previously
granted under the Plan.

     15. Liability. No member of the Board of Directors, the Committee or
officers or employees of the Company or the Bank shall be personally liable for
any action, omission or determination made in good faith in connection with the
Plan.

     16. Effective Date and Duration. This Plan shall become effective upon its
approval by a majority of the shares of the Company's common stock. No option
may be exercised until the Plan has been approved by the shareholders of the
Company. On December 1, 2009, the Plan shall expire except as to outstanding
options which options shall remain in effect until they have been exercised,
terminated, or have expired.

     17. Miscellaneous.

     (a) The term "Board" or "Board of Directors" used herein shall mean the
Board of Directors of the Company, unless the context clearly requires
otherwise, and to the extent that any powers and discretion vested in the Board
of Directors are delegated to any committee of the Board, the term "Board of
Directors" shall also mean such committee.


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     (b) The term "Change in Control of the Company" used herein shall mean (i)
any merger, consolidation or similar transaction which involves the Company or
any Subsidiary and in which persons who are the shareholders of the Company
immediately prior to such transaction own, immediately after such transaction,
shares of the surviving or combined entity which possess voting rights equal to
or less than fifty percent (50%) of the voting rights of all shareholders of
such entity, determined on a fully diluted basis; (ii) any sale, lease,
exchange, transfer or other disposition of all or any substantial part of the
assets of the Company or any Subsidiary; (iii) any tender, exchange, sale or
other disposition (other than dispositions of the stock of the Company or any
Subsidiary in connection with bankruptcy, insolvency, foreclosure, receivership
or other similar transactions) or purchases (other than purchases by the Company
or any Company-sponsored employee benefit plan, or purchases by members of the
Board of Directors of the Company or any Subsidiary) of more than twenty-five
percent (25%) of the outstanding common stock of the Company or any Subsidiary;
(iv) during any period of two (2) consecutive years during the term of the Plan
specified in paragraph 16, individuals who at the date of the adoption of the
Plan constitute the Board of Directors of the Company cease for any reason to
constitute at least a majority thereof, unless the election of each director at
the beginning of such period has been approved by directors representing at
least a majority of the directors then in office who were directors on the date
of the adoption of the Plan; or (v) a majority of the Board of Directors or a
majority of the shareholders of the Company approve, adopt, agree to recommend,
or accept any agreement, contract, offer or other arrangement providing for, or
any series of transactions resulting in, any of the transactions described
above. Notwithstanding the foregoing, a Change in Control of the Company shall
not occur as a result of the issuance of stock by the Company in connection with
any private placement offering of its stock or any public offering of its stock.

                           LAFAYETTE COMMUNITY BANCORP


                                By:__________________________________
                                   David R. Zimmerman, President

ATTEST:

-----------------------------------
Edward Chosnek, Chairman of the Board