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                                                                    EXHIBIT 10.6

                                   AGREEMENT


         AGREEMENT, dated this 10th day of June 1997, between Fed One Bancorp,
Inc. (the "Corporation"), a Delaware corporation and Alan E. Groover (the
"Executive").


                                   WITNESSETH

         WHEREAS, the Executive is presently an officer of the Corporation and
Fed One Bank (the "Bank") (together, the "Employers");

         WHEREAS, the Employers desire to be ensured of the Executive's
continued active participation in the business of the Employers, and the Bank
currently has an agreement with the Executive dated October 8, 1992, which is
being concurrently amended;

         WHEREAS, in accordance with Office of Thrift Supervision ("OTS")
Regulatory Bulletin 27a, the Corporation and the Bank desire to enter into
separate agreements with the Executive with respect to his employment by each
of the Employers; and

         WHEREAS, in order to induce the Executive to remain in the employ of
the Employers and in consideration of the Executive's agreeing to remain in the
employ of the Employers, the parties desire to specify the severance benefits
which shall be due the Executive by the Corporation in the event that his
employment with the Corporation is terminated under specified circumstances;

         NOW THEREFORE, in consideration of the mutual agreements herein
contained, and upon the other terms and conditions hereinafter provided, the
parties hereby agree as follows:

         1.      DEFINITIONS.  The following words and terms shall have the
meanings set forth below for the purposes of this Agreement:

         (a)     AVERAGE ANNUAL COMPENSATION.  The Executive's "Average Annual
Compensation" for purposes of this Agreement shall be deemed to mean the
average level of compensation paid to the Executive by the Employers or any
subsidiary thereof during the most recent five taxable years preceding the Date
of Termination and included in the Executive's gross income for tax purposes,
including but not limited to Base Salary, bonuses and amounts paid or accrued
on behalf of the Executive under any employee benefit plans of the Employers.

         (b)     BASE SALARY.  "Base Salary" shall have the meaning set forth
in Section 3(a) hereof.

         (c)     CAUSE. Termination of the Executive's employment for "Cause"
shall mean termination because of personal dishonesty, incompetence, willful
misconduct, breach of
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fiduciary duty involving personal profit, intentional failure to perform stated
duties, willful violation of any law, rule or regulation (other than traffic
violations or similar offenses) or final  cease-and-desist order or material
breach of any provision of this Agreement.

         (d)     CHANGE IN CONTROL OF THE CORPORATION.  "Change in Control of
the Corporation" shall mean a change in control of a nature that would be
required to be reported in response to Item 6(e) of Schedule 14A of Regulation
14A promulgated under the Securities Exchange Act of 1934, as amended
("Exchange Act"), or any successor thereto, whether or not the Corporation is
registered under the Exchange Act; provided that, without limitation, such a
change in control shall be deemed to have occurred if (i) any "person" (as such
term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the
"beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly
or indirectly, of securities of the Corporation representing 25% or more of the
combined voting power of the Corporation's then outstanding securities; or (ii)
during any period of two consecutive years, individuals who at the beginning of
such period constitute the Board of Directors of the Corporation cease for any
reason to constitute at least a majority thereof unless the election, or the
nomination for election by stockholders, of each new director was approved by a
vote of at least two-thirds of the directors then still in office who were
directors at the beginning of the period.

         (e)     CODE.  "Code" shall mean the Internal Revenue Code of 1986, as
amended.

         (f)     DATE OF TERMINATION.  "Date of Termination" shall mean (i) if
the Executive's employment is terminated for Cause or for Disability, the date
specified in the Notice of Termination, and (ii) if the Executive's employment
is terminated for any other reason, the date on which a Notice of Termination
is given or as specified in such Notice.

         (g)     DISABILITY.  Termination by the Corporation of the Executive's
employment based on "Disability" shall mean termination because of any physical
or mental impairment which qualifies the Executive for disability benefits
under the applicable long-term disability plan maintained by the Employers or
any subsidiary or, if no such plan applies, which would qualify the Executive
for disability benefits under the Federal Social Security System.

         (h)     GOOD REASON.  Termination by the Executive of the Executive's
employment for "Good Reason" shall mean termination by the Executive following
a Change in Control of the Corporation based on:

                 (i)      Without the Executive's express written consent, the
                          failure to elect or to re-elect or to appoint or to
                          re-appoint the Executive to the offices of President
                          and Chief Executive Officer of the Employers or a
                          material adverse change made by the Employers in the
                          Executive's functions, duties or responsibilities as
                          President and Chief Executive Officer of the
                          Employers;
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                 (ii)     Without the Executive's express written consent, a
                          reduction by either of the Employers in the
                          Executive's Base Salary as the same may be increased
                          from time to time or, except to the extent permitted
                          by Section 3(b) hereof, a reduction in the package of
                          fringe benefits provided to the Executive, taken as a
                          whole;

                 (iii)    The principal executive office of either of the
                          Employers is relocated outside of the Wheeling, West
                          Virginia area or, without the Executive's express
                          written consent, either of the Employers require the
                          Executive to be based anywhere other than an area in
                          which the Employers' principal executive office is
                          located, except for required travel on business of
                          the Employers to an extent substantially consistent
                          with the Executive's present business travel
                          obligations;

                 (iv)     Any purported termination of the Executive's
                          employment for Cause, Disability or Retirement which
                          is not effected pursuant to a Notice of Termination
                          satisfying the requirements of paragraph (j) below;
                          or

                 (v)      The failure by the Corporation to obtain the
                          assumption of and agreement to perform this Agreement
                          by any successor as contemplated in Section 9 hereof.

         (i)     IRS.  IRS shall mean the Internal Revenue Service.

         (j)     NOTICE OF TERMINATION.  Any purported termination of the
Executive's employment by the Corporation for any reason, including without
limitation for Cause, Disability or Retirement, or by the Executive for any
reason, including without limitation for Good Reason, shall be communicated by
written "Notice of Termination" to the other party hereto.  For purposes of
this Agreement, a "Notice of Termination" shall mean a dated notice which (i)
indicates the specific termination provision in this Agreement relied upon,
(ii) sets forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of the Executive's employment under the
provision so indicated, (iii) specifies a Date of Termination, which shall be
not less than thirty (30) nor more than ninety (90) days after such Notice of
Termination is given, except in the case of the Corporation's termination of
the Executive's employment for Cause, which shall be effective immediately; and
(iv) is given in the manner specified in Section 10 hereof.

         (k)     RETIREMENT.  "Retirement" shall mean voluntary termination by
the Executive in accordance with the Employers' retirement policies, including
early retirement, generally applicable to their salaried employees.
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         2.      TERM OF EMPLOYMENT.

         (a)     The Corporation hereby employs the Executive as President and
Chief Executive Officer and the Executive hereby accepts said employment and
agrees to render such services to the Corporation on the terms and conditions
set forth in this Agreement.  The term of employment under this Agreement shall
be for three years, commencing on the date of this Agreement and, upon approval
of the Board of Directors of the Corporation, shall extend for an additional
year on each annual anniversary of the date of this Agreement such that at any
time the remaining term of this Agreement shall be from two to three years.
Prior to the first annual anniversary of the date of this Agreement and each
annual anniversary thereafter, the Board of Directors of the Corporation shall
consider and review (with appropriate corporate documentation thereof, and
after taking into account all relevant factors, including the Executive's
performance hereunder) an extension of the term of this Agreement, and the term
shall continue to extend each year if the Board  of Directors approves such
extension unless the Executive gives written notice to the Employers of the
Executive's election not to extend the term, with such written notice to be
given not less than thirty (30) days prior to any such anniversary date. If the
Board of Directors elects not to extend the term, it shall give written notice
of such decision to the Executive not less than thirty (30) days prior to any
such anniversary date.  If any party gives timely notice that the term will not
be extended as of any annual anniversary date, then this Agreement shall
terminate at the conclusion of its remaining term.  References herein to the
term of this Agreement shall refer both to the initial term and successive
terms.

         (b)     During the term of this Agreement, the Executive shall perform
such executive services for the Corporation as may be consistent with his
titles and from time to time assigned to him by the Corporation's Board of
Directors.

         3.      COMPENSATION AND BENEFITS.

         (a)     The Employers shall compensate and pay the Executive for his
services during the term of this Agreement at a minimum base salary of $180,000
per year ("Base Salary"), which may be increased from time to time in such
amounts as may be determined by the Boards of Directors of the Employers and
may not be decreased without the Executive's express written consent.  In
addition to his Base Salary, the Executive shall be entitled to receive during
the term of this Agreement such bonus payments as may be determined by the
Boards of Directors of the Employers.

         (b)     During the term of this Agreement, the Executive shall be
entitled to participate in and receive the benefits of any pension or other
retirement benefit plan, profit sharing, stock option, employee stock
ownership, or other plans, benefits and privileges given to employees and
executives of the Employers, to the extent commensurate with his then duties
and responsibilities, as fixed by the Boards of Directors of the Employers.
The Corporation shall not make any changes in such plans, benefits or
privileges which would adversely affect the Executive's rights or benefits
thereunder, unless such change occurs
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pursuant to a program applicable to all executive officers of  the Corporation
and does not result in a proportionately greater adverse change in the rights
of or benefits to the Executive as compared with any other executive officer of
the Corporation.  Nothing paid to the Executive under any plan or arrangement
presently in effect or made available in the future shall be deemed to be in
lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

         (c)     During the term of this Agreement, the Executive shall be
entitled to paid annual vacation in accordance with the policies as established
from time to time by the Boards of Directors of the Employers, which shall in
no event be less than four weeks per annum.  The Executive shall not be
entitled to receive any additional compensation from the Employers for failure
to take a vacation, nor shall the Executive be able to accumulate unused
vacation time from one year to the next, except to the extent authorized by the
Boards of Directors of the Employers.

         (d)     During the term of this Agreement, in keeping with past
practices, the Employers shall continue to provide the Executive with the
automobile he presently drives. The Employers shall be responsible and shall
pay for all  costs of insurance coverage, repairs, maintenance and other
incidental expenses, including license, fuel and oil.  The Employers shall
provide the Executive with a replacement automobile of a similar type as
selected by the Executive at approximately the time that his present automobile
reaches (3) years of age and approximately every three (3) years thereafter,
upon the same terms and conditions.

         (e)     In the event the Executive's employment is terminated by the
Corporation for any reason other than Cause, the Employers shall provide
continued life, medical, dental and disability coverage substantially identical
to the coverage maintained by the Employers for the Executive immediately prior
to his termination.  Such coverage shall cease upon the expiration of the
remaining term of this Agreement.

         (f)     In the event of the Executive's death during the term of this
Agreement or if the Executive is terminated due to Disability, his spouse,
estate, legal representative or named beneficiaries (as directed by the
Executive in writing) shall be paid on a monthly basis the Executive's annual
compensation from the Employers at the rate in effect at the time of the
Executive's death or termination due to Disability for the remainder of the
term of this Agreement, as well as the benefits specified in Section 3(e)
hereof.

         (g)     The Executive's compensation, benefits and expenses shall be
paid by the Corporation and the Bank in the same proportion as the time and
services actually expended by the Executive on behalf of each respective
Employer.

         4.      EXPENSES.  The Employers shall reimburse the Executive or
otherwise provide for or pay for all reasonable expenses incurred by the
Executive in furtherance of or in connection with the business of the
Employers, including, but not by way of limitation, automobile expenses
described in Section 3(d) hereof, and traveling expenses, and all
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reasonable entertainment expenses (whether incurred at the Executive's
residence, while traveling or otherwise), subject to such reasonable
documentation and other limitations as may be established by the Boards of
Directors of the Employers.  If such expenses are paid in the first instance by
the Executive, the Employers shall reimburse the Executive therefor.

         5.      TERMINATION.

         (a)     The Corporation shall have the right, at any time upon prior
Notice of Termination, to terminate the Executive's employment hereunder for
any reason, including without limitation termination for Cause, Disability or
Retirement, and the Executive shall have the right, upon prior Notice of
Termination, to terminate his employment hereunder for any reason.

         (b)     In the event that (i) the Executive's employment is terminated
by the Corporation for Cause or (ii) the Executive terminates his employment
hereunder other than for Disability, Retirement, death or Good Reason, the
Executive shall have no right pursuant to this Agreement to compensation or
other benefits for any period after the applicable Date of Termination.

         (c)     In the event that the Executive's employment is terminated as
a result of Disability, Retirement or the Executive's death during the term of
this Agreement, the Executive shall have no right pursuant to this Agreement to
compensation or other benefits for any period after the applicable Date of
Termination, except as provided for in Sections 3(e) and 3(f) hereof.

         (d)     In the event that (i) the Executive's employment is terminated
by the Corporation for other than Cause, Disability, Retirement or the
Executive's death or (ii) such employment is terminated by the Executive (a)
due to a material breach of this Agreement by the Corporation, which breach has
not been cured within fifteen (15) days after a written notice of
non-compliance has been given by the Executive to the Employers, or (b) for
Good Reason, then the Corporation shall

                 (A)      pay to the Executive, in either thirty-six (36) equal
         monthly installments beginning with the first business day of the
         month following the Date of Termination or in a lump sum within five
         business days of the Date of Termination (at the Executive's
         election), a cash severance amount equal to three (3) times that
         portion of the Executive's Average Annual Compensation paid by the
         Corporation, and

                 (B)      maintain and provide for a period ending at the
         earlier of (i) the expiration of the remaining term of employment
         pursuant hereto prior to the Notice of Termination or (ii) the date of
         the Executive's full-time employment by another employer (provided
         that the Executive is entitled under the terms of such employment to
         benefits substantially similar to those described in this subparagraph
         (B)), at no cost to the Executive, the Executive's continued
         participation in all group
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         insurance, life insurance, health and accident, disability and other
         employee benefit plans, programs and arrangements offered by the
         Corporation in which the Executive was entitled to participate
         immediately prior to the Date of Termination (other than stock option
         and restricted stock plans of the Employers), provided that in the
         event that the Executive's participation in any plan, program or
         arrangement as provided in this subparagraph (B) is barred, or during
         such period any such plan, program or arrangement is discontinued or
         the benefits thereunder are materially reduced, the Corporation shall
         arrange to provide the Executive with benefits substantially similar
         to those which the Executive was entitled to receive under such plans,
         programs and arrangements immediately prior to the Date of
         Termination.

         6.      PAYMENT OF ADDITIONAL BENEFITS UNDER CERTAIN CIRCUMSTANCES.

         (a)     If the payments and benefits pursuant to Section 5 hereof,
either alone or together with other payments and benefits which the Executive
has the right to receive from the Employers (including, without limitation, the
payments and benefits which the Executive would have the right to receive from
the Bank pursuant to Section 5 of the Agreement between the Bank and the
Executive dated June 10, 1997 ("Bank Agreement"), before giving effect to any
reduction in such amounts pursuant to Section 6 of the Bank Agreement), would
constitute a "parachute payment" as defined in Section 280G(b)(2) of the Code
(the "Initial Parachute Payment," which includes the amounts paid pursuant to
clause (A) below), then the Corporation shall pay to the Executive, in
thirty-six (36) equal monthly installments beginning with the first business
day of the month following the Date of Termination or in a lump sum within five
business days of the Date of Termination (at the Executive's election), a cash
amount equal to the sum of the following:

                 (A)      the amount by which the payments and benefits that
         would have otherwise been paid by the Bank to the Executive pursuant
         to Section 5 of the Bank Agreement are reduced by the provisions of
         Section 6 of the Bank Agreement;

                 (B)      twenty (20) percent (or such other percentage equal
         to the tax rate imposed by Section 4999 of the Code) of the amount by
         which the Initial Parachute Payment exceeds the Executive's "base
         amount" from the Employers, as defined in Section 280G(b)(3) of the
         Code, with the difference between the Initial Parachute Payment and
         the Executive's base amount being hereinafter referred to as the
         "Initial Excess Parachute Payment";

                 (C)      such additional amount (tax allowance) as may be
         necessary to compensate the Executive for the payment by the Executive
         of state and federal income and excise taxes on the payment provided
         under clause (B) above and on any
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                                       8

         payments under this clause (C).  In computing such tax allowance, the
         payment to be made under clause (B) above shall be multiplied by the
         "gross up percentage" ("GUP").  The GUP shall be determined as
         follows:

                                    Tax Rate
                          GUP = ----------------
                                   1- Tax Rate

         The Tax Rate for purposes of computing the GUP shall be the highest
         marginal federal and state income and employment-related tax rate,
         including any applicable excise tax rate, applicable to the Executive
         in the year in which the payment under clause (B) above is made.

         (b)     Notwithstanding the foregoing, if it shall subsequently be
determined in a final judicial determination or a final administrative
settlement to which the Executive is a party that the actual excess parachute
payment as defined in Section 280G(b)(1) of the Code is different from the
Initial Excess Parachute Payment (such different amount being hereafter
referred to as the "Determinative Excess Parachute Payment"), then the
Corporation's independent tax counsel or accountants shall determine the amount
(the "Adjustment Amount") which either the Executive must pay to the
Corporation or the Corporation must pay to the Executive in order to put the
Executive (or the Corporation, as the case may be) in the same position the
Executive (or the Corporation, as the case may be) would have been if the
Initial Excess Parachute Payment had been equal to the Determinative Excess
Parachute Payment.  In determining the Adjustment Amount, the independent tax
counsel or accountants shall take into account any and all taxes (including any
penalties and interest) paid by or for the Executive or refunded to the
Executive or for the Executive's benefit.  As soon as practicable after the
Adjustment Amount has been so determined, the Corporation shall pay the
Adjustment Amount to the Executive or the Executive shall repay the Adjustment
Amount to the Corporation, as the case may be.

         (c)     In each calendar year that the Executive receives payments of
benefits under this Section 6, the Executive shall report on his state and
federal income tax returns such information as is consistent with the
determination made by the independent tax counsel or accountants of the
Corporation as described above.  The Corporation shall indemnify and hold the
Executive harmless from any and all losses, costs and expenses (including
without limitation, reasonable attorneys' fees, interest, fines and penalties)
which the Executive incurs as a result of so reporting such information.  The
Executive shall promptly notify the Corporation in writing whenever the
Executive receives notice of the institution of a judicial or administrative
proceeding, formal or informal, in which the federal tax treatment under
Section 4999 of the Code of any amount paid or payable under this Section 6 is
being reviewed or is in dispute.  The Corporation shall assume control at its
expense over all legal and accounting matters pertaining to such federal tax
treatment (except to the extent necessary or appropriate for the Executive to
resolve any such proceeding with respect to any matter unrelated to amounts
paid or payable pursuant to this Section 6) and the
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Executive shall cooperate fully with the Corporation in any such proceeding.
The Executive shall not enter into any compromise or settlement or otherwise
prejudice any rights the Corporation may have in connection therewith without
the prior consent of the Corporation.

         7.      MITIGATION; EXCLUSIVITY OF BENEFITS.

         (a)     The Executive shall not be required to mitigate the amount of
any benefits hereunder by seeking other employment or otherwise, nor shall the
amount of any such benefits be reduced by any compensation earned by the
Executive as a result of employment by another employer after the Date of
Termination or otherwise.

         (b)     The specific arrangements referred to herein are not intended
to exclude any other benefits which may be available to the Executive upon a
termination of employment with the Employers pursuant to employee benefit plans
of the Employers or otherwise.

         8.      WITHHOLDING.  All payments required to be made by the
Corporation hereunder to the Executive shall be subject to the withholding of
such amounts, if any, relating to tax and other payroll deductions as the
Corporation may reasonably determine should be withheld pursuant to any
applicable law or regulation.

         9.      ASSIGNABILITY.  The Corporation may assign this Agreement and
its rights and obligations hereunder in whole, but not in part, to any
corporation, bank or other entity with or into which the Corporation may
hereafter merge or consolidate or to which the Corporation may transfer all or
substantially all of its assets, if in any such case said corporation, bank or
other entity shall by operation of law or expressly in writing assume all
obligations of the Corporation hereunder as fully as if it had been originally
made a party hereto, but may not otherwise assign this Agreement or its rights
and obligations hereunder.  The Executive may not assign or transfer this
Agreement or any rights or obligations hereunder.

         10.     NOTICE.  For the purposes of this Agreement, notices and all
other communications provided for in this Agreement shall be in writing and
shall be deemed to have been duly given when delivered or mailed by certified
or registered mail, return receipt requested, postage prepaid, addressed to the
respective addresses set forth below:

        To the Corporation:                Secretary
                                           Fed One Bancorp, Inc.
                                           21 Twelfth Street
                                           Wheeling, West Virginia  26003-3295

        To the Bank:                       Secretary
                                           Fed One Bank
                                           21 Twelfth Street
                                           Wheeling, West Virginia  26003-3295
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        To the Executive:                  Alan E. Groover
                                           19 Highland Park
                                           Wheeling, West Virginia  26003

         11.     AMENDMENT; WAIVER.  No provisions of this Agreement may be
modified, waived or discharged unless such waiver, modification or discharge is
agreed to in writing signed by the Executive and such officer or officers as
may be specifically designated by the Board of Directors of the Corporation to
sign on its behalf.  No waiver by any party hereto at any time of any breach by
any other party hereto of, or compliance with, any condition or provision of
this Agreement to be performed by such other party shall be deemed a waiver of
similar or dissimilar provisions or conditions at the same or at any prior or
subsequent time.

         12.     GOVERNING LAW.  The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the United
States where applicable and otherwise by the substantive laws of the State of
West Virginia.

         13.     NATURE OF OBLIGATIONS.  Nothing contained herein shall create
or require the Corporation to create a trust of any kind to fund any benefits
which may be payable hereunder, and to the extent that the Executive acquires a
right to receive benefits from the Corporation hereunder, such right shall be
no greater than the right of any unsecured general creditor of the Corporation.

         14.     HEADINGS.  The section headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.

         15.     VALIDITY.  The invalidity or unenforceability of any provision
of this Agreement shall not affect the validity or enforceability of any other
provisions of this Agreement, which shall remain in full force and effect.

         16.     COUNTERPARTS.  This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

         17.     ENTIRE AGREEMENT.  This Agreement embodies the entire
agreement between the Corporation and the Executive with respect to the matters
agreed to herein.  All prior agreements between the Corporation and the
Executive with respect to the matters agreed to herein, including without
limitation the Agreement between the Employers and the Executive dated October
8, 1992, are hereby superseded and shall have no force or effect.
Notwithstanding the foregoing, nothing contained in this Agreement shall affect
the agreement of even date being entered into between the Bank and the
Executive.
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         IN WITNESS WHEREOF, this Agreement has been executed as of the date
first above written.
         
Attest:                                     FED ONE BANCORP, INC.



/s/ Jean E. Huff                            By: /s/ George J. Anetakis         
--------------------------------------         ---------------------------------
Jean E. Huff, Corporate Secretary               George J. Anetakis, Director and
                                                 Member of the Compensation
                                                 Committee of the Board
                                                 of Directors

                                            
                                            EXECUTIVE


                                            By: /s/Alan E. Groover             
                                               ---------------------------------
                                                Alan E. Groover