Document:

AGREEMENT FOR INFORMATION

                               TECHNOLOGY SERVICES

                                     BETWEEN

                              FIDELITY FEDERAL BANK

                                       AND

                       ELECTRONIC DATA SYSTEMS CORPORATION

                                       AND

                         EDS INFORMATION SERVICES L.L.C.

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                  AGREEMENT FOR INFORMATION TECHNOLOGY SERVICES

         THIS AGREEMENT FOR INFORMATION TECHNOLOGY SERVICES ("Agreement") is
between Electronic Data Systems Corporation ("EDS"), a Delaware corporation with
an address at 5400 Legacy Drive, Plano, Texas 75024, EDS Information Services
L.L.C., ("EIS") a Delaware limited liability company with an address at 5400
Legacy Drive, Plano, Texas 75024, (all references to EDS in this Agreement will
be deemed to include EIS) and FIDELITY FEDERAL BANK ("CUSTOMER"), A FINANCIAL
INSTITUTION WITH AN ADDRESS AT 600 NORTH BRAND BOULEVARD, GLENDALE, CA 91203.

         WHEREAS, Customer desires to purchase certain information technology
services from EDS, itself and through various of EDS' indirect, wholly-owned,
United States-based subsidiaries, including EIS.

         NOW, THEREFORE, Customer and EDS hereby agree as follows:

                             ARTICLE I - DEFINITIONS

1.1   Definitions.  In this Agreement:

      (a)   "Additional Services" are the Services described in Section 3.1(d).

      (b)   "Basic Services" are the Services listed in Schedule A.

      (c)   "Business Day" is each weekday, Monday through Friday, which is not
            a holiday of Customer.

      (d)   "Conversion Services" are the Services described in Section 3.1(c).

      (e)   "Customer Systems" are the Systems listed in Schedule D to be
            provided by Customer for use in conjunction with EDS Systems.

      (f)   "Data Center" is the space at one or more locations where EDS
            performs Services, excluding Customer locations.

      (g)   "EDS Systems" are all Systems, except for Systems provided by
            Customer, used by EDS to provide Services, including without
            limitation any improvements, modifications, or enhancements made by
            EDS to any System and provided to Customer under this Agreement.

      (h)   "Effective Date" is the date that this Agreement is executed by EDS
            pursuant to Section 9.10.

      (i)   "Equipment" is all telecommunications lines, modems, and other
            equipment, including without limitation terminals, control units,
            ports, logical units, and all related data transmission services
            required by EDS for Customer to access the EDS Systems, transmit
            data to EDS, and receive reports and other output from EDS.

      (j)   "Initial Term" is defined in Section 2.1.

      (k)   "Operational Date" is the later of (i) the Effective Date, or (ii)
            the first day of the calendar month in which any Conversion Services
            are completed and Customer has the capability to input transactions
            or data for processing by EDS.

      (l)   "Optional Services" are the Services listed in Schedule B.

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      (m)   "PC Software" means, if applicable, the PC-based software
            applications to be utilized by Customer in connection with the
            Services, as such software applications are described in Schedule A.

      (n)   "Renewal Terms" is defined in Section 2.1.

      (o)   "Service" or "Services" are all of the services to be provided by
            EDS under this Agreement, which include the Basic Services, Optional
            Services, Conversion Services, and Additional Services.

      (p)   "System" or "Systems" are (i) computer programs, including without
            limitation software, firmware, application programs, operating
            systems, files, and utilities; (ii) supporting documentation for
            such computer programs, including without limitation input and
            output formats, program listings, narrative descriptions, operating
            instructions and procedures, user and training documentation,
            special forms, and source code; and (iii) the tangible media upon
            which such programs are recorded, including without limitation
            chips, tapes, disks, and diskettes.

      Other terms are defined elsewhere in this Agreement.

                                ARTICLE II - TERM

2.1   TERM. This Agreement will begin on the Effective Date and, unless
      terminated earlier under Section 7.2, 7.3, 7.4, 7.5, or 9.5, will continue
      for a period of five (5) years from the Operational Date (the "Initial
      Term"). Unless either party gives the other party written notice of intent
      to terminate, at least twelve (12) months prior to the expiration date of
      the Initial Term, then this Agreement will automatically renew for an
      additional two (2) years (the "Renewal Term"). Thereafter, unless either
      party gives the other party written notice of intent to terminate, at
      least twelve (12) months prior to the expiration date of the Renewal Term,
      then this Agreement will automatically renew for an additional two (2)
      years and continue until either party terminates this Agreement under the
      foregoing terms.

                       ARTICLE III - EDS RESPONSIBILITIES

3.1   SERVICES PROVIDED. EDS or its subcontractors will provide Customer with
      the following Services:

      (a)   BASIC SERVICES. Customer's requirements for Basic Services.

      (b)   OPTIONAL SERVICES. The Optional Services that Customer requests and
            EDS agrees to provide.

      (c)   CONVERSION SERVICES. On a mutually agreeable schedule EDS will
            provide those services and instructions ("Conversion Services")
            reasonably required for Customer to convert to and use the EDS
            Systems. Customer will cooperate in the conversion effort and timely
            provide whatever information, data, clerical and office support,
            management decisions, approvals, and signoffs that EDS reasonably
            requires. According to a plan to be developed by Customer and EDS,
            EDS will train a mutually designated group of Customer's personnel
            in the proper use of the EDS Systems to enable such personnel to
            train Customer's user personnel in the use of the EDS Systems.
            Customer will cooperate with EDS in scheduling training in
            conjunction with Customer's conversion to the EDS Systems.

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      (d)   ADDITIONAL SERVICES. If Customer requests EDS to perform any Service
            which is not a Basic Service, an Optional Service, or a Conversion
            Service, then EDS may provide such service as an "Additional
            Service".

3.2   GENERAL TERMS RELATING TO SERVICES.  EDS will:

      (a)   Beginning on the Operational Date, operate the EDS Systems at the
            Data Center, and accept data and other input from Customer. EDS will
            make daily, monthly, and other reports and output, including
            specially requested reports, available to Customer at the Data
            Center for delivery or transmit them to Customer, subject to
            Customer's timely delivery or transmission of data and other input
            to the Data Center for processing. EDS will provide the Services in
            accordance with the schedule provided to Customer by EDS upon
            commencement of the Services, which may be updated by EDS from time
            to time. EDS will not be responsible for the loss of any input or
            output during transit.

      (b)   Provide all Equipment at Customer's expense, including related
            shipping, installation, and maintenance charges, and advise Customer
            on the compatibility of its Equipment with the EDS Systems. Customer
            may elect, with EDS' approval, to provide such Equipment at
            Customer's expense, subject to charges for Additional Services
            required for EDS Systems access or configuration.

      (c)   Provide for Customer's use one copy of EDS' standard user
            documentation and one copy of any revisions describing the
            preparation of input for and use of output from the EDS Systems.
            Such documentation will address the reports provided under this
            Agreement. Upon Customer's request, EDS will provide additional
            copies of such documentation at EDS' then standard charges.

      (d)   Correct any errors in customer files that result in errors in
            reports or other output where such errors (i) are due solely to
            either malfunctions of EDS' equipment or the EDS Systems or errors
            of EDS' operators, programmers, or other personnel, and (ii) are
            called to EDS' attention within the time frames specified in Section
            4.3. EDS will, to the extent reasonably practicable, correct any
            other errors as an Additional Service.

      (e)   Provide standard EDS forms for use at the Data Center.

      (f)   Establish, modify, or substitute from time to time any Equipment,
            processing priorities, programs, or procedures used in the operation
            of the EDS Systems or the provision of the Services that EDS
            reasonably deems necessary, and notify Customer of any such changes
            that will affect Customer's operations.

      (g)   With respect to Year 2000, as part of the Services, EDS will use
            commercially reasonable efforts (a) with respect to EDS Systems
            which are proprietary to EDS, to provide those improvements and
            enhancements to such Systems so that they will maintain the
            functionality existing as of the Effective Date taking into account
            any processing, accepting, calculating, writing and outputting of
            times or dates, or both, whether before, on or after 12:00 a.m.
            January 1, 2000, and any time periods determined or to be determined
            based on any such times or dates, or both, and (b) with respect to
            EDS Systems which are not proprietary to EDS, to obtain from the
            third party vendor thereof, those improvements and enhancements to
            such Systems so that they will maintain the functionality existing
            as of the Effective Date taking into account any processing,
            accepting, calculating, writing and outputting of times or dates, or
            both, whether before, on or after 12:00 a.m. January 1, 2000, and
            any time periods determined or to be determined based on any such
            times or dates, or both. Customer acknowledges and agrees that EDS
            will not be responsible for (i) changes, modifications, updates or

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            enhancements to, and any inaccuracies, delays, interruptions or
            errors caused by, interfaces between the EDS Systems and any
            software or systems which EDS does not operate or maintain as part
            of the Services, (ii) any inaccuracies, delays, interruptions or
            errors occurring as a result of incorrect data or data from other
            systems, software, hardware, processes or third parties provided in
            a format that is inconsistent with the format and protocols
            established for EDS Systems including date data in two digit format,
            even if such data is required for the operation of the EDS
            proprietary software or systems, and (iii) any inaccuracies, delays,
            interruptions or errors occurring as a result of incorrect data or
            data from telecommunication hardware or systems.

3.3   AUDITS. EDS will provide auditors and inspectors that Customer designates
      in writing with reasonable access to the Data Center for the limited
      purpose of performing audits or inspections of Customer's business. EDS
      will provide to such auditors and inspectors reasonable assistance, and
      Customer will compensate EDS for any Additional Services provided in
      connection with the audit or inspection. EDS will not be required to
      provide access to data of other EDS customers.

3.4   REGULATORY COMPLIANCE. EDS will endeavor to maintain the EDS Systems so
      that they will not be disapproved by any federal or state regulatory
      authority with jurisdiction over Customer's business. If Customer believes
      that any modifications to the EDS Systems are required under any laws,
      rules, or regulations, Customer will promptly so inform EDS. EDS will
      perform any modifications to the EDS Systems or recommend changes to
      operating procedures of Customer that EDS determines are necessary or
      desirable; provided, that if any such changes or modifications result in a
      significant increase in EDS' cost of providing Services, EDS will be
      entitled to increase the charges under this Agreement by an amount that
      reflects a pro rata allocation of EDS' increased cost among the applicable
      EDS customers. New or enhanced EDS System features, functions, reports, or
      other Services that may result from such modifications or recommendations
      may be provided as an Additional Service. Notwithstanding the foregoing,
      Customer acknowledges that the EDS Systems may, from time to time, consist
      in part of System(s) licensed by EDS from third-party vendor(s) and,
      therefore, EDS shall have no duty or responsibility to modify any such
      third-party System under this Section, except to the extent that the
      vendor thereof has such a duty or responsibility to modify such System
      pursuant to the applicable license agreement between EDS and such vendor.

3.5   FINANCIAL STATEMENTS AND EDP AUDIT. Upon request, EDS will provide at no
      charge one copy of EDS' most recent audited financial statements to
      Customer. Upon request, EDS will also provide to Customer one copy of EDS'
      most recent independent Data Center EDP audit at EDS' then standard charge
      for such copy.

3.6   PC SOFTWARE. EDS will either (i) license to Customer or (ii) arrange with
      the appropriate third party vendor for a direct license, or a sublicense
      through EDS, to Customer of the PC Software. Customer will execute any
      such license or sublicense that may be required by such vendor and will be
      responsible for compliance with all terms and conditions thereof. Such
      license or sublicense will provide for Customer to have the use of the PC
      Software at all times during the term of this Agreement.

                     ARTICLE IV - CUSTOMER RESPONSIBILITIES

4.1   MAINTENANCE OF EQUIPMENT. Customer will maintain all Equipment owned or
      leased by Customer in good working order in accordance with manufacturer's
      specifications.

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4.2   PROVISION OF CUSTOMIZED FORMS. Unless otherwise agreed in writing,
      Customer will provide or pay for all customized forms required by
      Customer. These forms will conform to EDS' reasonable specifications.
      Customer will also provide all forms produced or printed at Customer's
      premises and required for the performance of Services, or will pay
      mutually agreed charges to EDS for such forms if provided by EDS at
      Customer's request.

4.3   CORRECTION OF REPORTS AND OUTPUT. Customer will balance reports to verify
      master file information and will inspect and review all reports and other
      output (whether printed, microfiched or electronically transmitted)
      created from data provided by Customer to EDS. Customer will reject all
      incorrect reports or output (i) within two Business Days after receipt of
      daily reports or output, (ii) within five Business Days after receipt of
      annual, quarterly, or monthly reports or output, and (iii) within three
      Business Days after receipt of all other reports or output.

4.4   PROVISION OF DATA. Customer will be responsible for the quality and
      accuracy of all data and other input provided to EDS. EDS may, at its
      option, return to Customer for correction before processing any data
      submitted by Customer which is incorrect, illegible, or not in proper
      form. If Customer does not provide its data to EDS in accordance with EDS'
      specified format and schedule, EDS will use reasonable efforts to
      reschedule and process the data as promptly as possible. Related expenses
      incurred by EDS will be charged to Customer.

4.5   USE OF SYSTEM, PROCEDURES, ETC. Customer will comply with all operating
      instructions for the EDS Systems which are issued by EDS from time to
      time. Except as otherwise provided in this Agreement, Customer will be
      responsible for the supervision, management, and control of its use of the
      EDS Systems, including without limitation (i) implementing sufficient
      procedures to satisfy its requirements for the security and accuracy of
      the data and other input Customer provides, (ii) implementing reasonable
      procedures to verify reports and other output from EDS within the time
      frames specified in Section 4.3, and (iii) specifying the methods of
      accrual calculation to be used by EDS in providing the Services from the
      options available in the EDS Systems.

4.6   CUSTOMER SYSTEMS. Customer will provide, at Customer's expense, the
      Customer Systems. Customer will be responsible for any license or
      maintenance fees related to providing the Customer Systems for use by EDS
      in connection with the Services. Customer will, at Customer's expense,
      ensure that the Customer Systems are at all times compatible with the EDS
      Systems and EDS will have no liability hereunder for any delay or failure
      to perform Services which arises as a result of the failure of Customer to
      maintain any Customer System so that it is compatible with the EDS
      Systems.

4.7   PC SOFTWARE.

      (a)   Notwithstanding Section 3.2(b), Customer will, at Customer's
            expense, provide and be responsible for all Equipment required for
            Customer to use the PC Software ("PC Software Equipment").

      (b)   Without EDS' prior written consent, Customer will not (i) install
            any System other than the PC Software on the applicable PC Software
            Equipment; (ii) sell, assign, lease, transfer, or disclose to any
            third party the PC Software, (iii) use the PC Software for the
            commercial benefit of any third party; (iv) copy or reproduce the PC
            Software; or (v) reverse assemble, reverse compile, or otherwise
            recreate the PC Software. Customer may transfer its use of the PC
            Software to a backup or replacement system to the PC Software
            Equipment on a temporary or permanent basis provided Customer gives
            prior written notice to EDS and discontinues use of the PC Software
            on the applicable PC Software Equipment.

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                           ARTICLE V - PAYMENTS TO EDS

5.1   SERVICE CHARGES. Customer will pay EDS for the Services as follows:

      (a)   For Basic Services, the monthly charges listed in Section 1 of
            Schedule C.

      (b)   For Conversion Services, the applicable conversion charge listed in
            Section 2 of Schedule C.

      (c)   For Optional Services, the monthly charges listed in Schedule B.

      (d)   For Additional Services, EDS' then standard charges for such
            Services, or, if EDS then has no standard charges for such Services,
            upon whatever other basis that the parties agree.

5.2   ADDITIONAL CHARGES. Customer will also pay EDS the following, if
      applicable:

      (a)   All costs incurred by EDS (i) in mailing reports or other output to
            Customer, its customers, or third parties, and (ii) in transporting,
            shipping, or delivering reports, output, or input between the Data
            Center and Customer's locations.

      (b)   All actual, out-of-pocket costs and expenses, including, without
            limitation, travel and travel-related expenses, which are incurred
            by EDS in providing Services when incurred at Customer's request.

      (c)   Any other charges expressly provided in this Agreement.

      (d)   All taxes, however designated or levied, based upon any charges
            under this Agreement, or upon this Agreement or the Systems,
            Services, or materials provided hereunder, or their use, including
            without limitation state and local privilege or excise taxes based
            on gross revenue, sales and use taxes, and any taxes or amounts in
            lieu thereof paid or payable by EDS in respect of the foregoing,
            exclusive, however, of franchise taxes and taxes based on the net
            income of EDS.

5.3   TIME OF PAYMENT. All charges under this Agreement will be due and payable
      within ten days of invoice date. Any charges not paid within thirty days
      of invoice date will bear interest until paid at a rate equal to the
      lesser of 1.5% per month or the maximum interest rate allowed by
      applicable law. Customer authorizes EDS to collect charges for Services
      through applicable clearing house procedures.

5.4   ANNUAL ADJUSTMENT TO CHARGES. The charges set forth in Section 5.1 will be
      subject to the adjustments described in Schedule E.

                         ARTICLE VI - SYSTEMS, DATA, AND
                                 CONFIDENTIALITY

6.1   EDS SYSTEMS. All EDS Systems are and will remain the exclusive property of
      EDS or licensors of such EDS Systems, as applicable, and, except as
      expressly provided in this Agreement, Customer shall have no ownership
      interest or other rights in any EDS System. Customer acknowledges that the
      EDS Systems include EDS proprietary information and agrees to keep the EDS
      Systems confidential at all times. Upon the expiration or termination of
      this Agreement, Customer will return all copies of all items relating to
      the EDS Systems which are in the possession of Customer and certify to EDS
      in writing that Customer has retained no material relating to the EDS
      Systems.

6.2   CUSTOMER'S INFORMATION. Information relating to Customer or its customers
      contained in Customer's data files is the exclusive property of Customer
      and EDS will only be the custodian of that information. EDS agrees to hold
      in confidence all proprietary information of Customer and its customers
      provided to EDS in accordance with Section 6.3. However, upon the request
      of any appropriate federal or state regulatory authority with jurisdiction

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      over Customer's business and after EDS has, when reasonably possible,
      notified Customer of such request, EDS will allow such authority access to
      all records and other information of Customer and its customers in the
      possession of EDS and provide as an Additional Service any related
      assistance that is required. Promptly after the termination or expiration
      of this Agreement and the payment to EDS of all sums due and owing,
      including without limitation any amounts due under Sections 7.6 or 7.7,
      EDS will, at Customer's request and expense, return to Customer all of
      Customer's information, data, and files in EDS' then standard
      machine-readable format and media.

6.3   CONFIDENTIALITY. Except as otherwise provided in this Agreement, EDS and
      Customer each agree that all information communicated to one by the other
      or the other's affiliates, whether before or after the Effective Date,
      will be received in strict confidence, will be used only for purposes of
      this Agreement, and except for the requirements of Section 6.2 will not be
      disclosed by the recipient party, its agents, subcontractors, or employees
      without the prior written consent of the other party. Each party agrees to
      take all reasonable precautions to prevent the disclosure to outside
      parties of such information, including, without limitation, the terms of
      this Agreement, except as required by legal, accounting, or regulatory
      requirements beyond the reasonable control of the recipient party. If
      Customer is required to disclose any proprietary information of EDS in
      accordance with any such legal, accounting, or regulatory requirements,
      then Customer will promptly notify EDS of such requirement and will
      cooperate with EDS (at EDS' expense) in EDS' efforts, if any, to avoid or
      limit such disclosure (including, without limitation, obtaining an
      injunction or an appropriate redaction of the proprietary information in
      question). The provisions of this Section will survive the expiration or
      termination of this Agreement for any reason.

6.4   SAFEGUARDING DATA INTEGRITY. EDS will maintain internal computer data
      integrity safeguards (such as access codes and passwords) to protect
      against the accidental or unauthorized deletion or alteration of
      Customer's data in the possession of EDS. EDS will provide additional
      internal computer data integrity safeguards that Customer reasonably
      requests as an Additional Service. EDS will also employ and maintain
      controlled access systems in the Data Center.

6.5   CONTINGENCY PLANNING. The parties' will perform the following regarding
      contingency planning:

      (a)   EDS will develop, maintain and, as necessary in the event of a
            disaster, execute a disaster recovery plan (the "EDS Plan") for the
            Data Center and will provide to Customer and its auditors and
            inspectors such access to the EDS Plan as Customer may reasonably
            request from time to time. EDS will not be required to provide
            access to information of other EDS customers.

      (b)   Customer will develop, maintain and, as necessary in the event of a
            disaster, execute a business resumption plan (the "Customer Plan")
            for all Customer locations and the telecommunications links between
            the Customer locations and the Data Center and will provide to EDS
            such access to the Customer Plan as EDS may reasonably request from
            time to time.

      (c)   EDS will provide to Customer such information as may be reasonably
            required for Customer to assure that the Customer Plan is compatible
            with the EDS Plan.

      (d)   Each party will be responsible for the training of its own personnel
            as required in connection with all applicable contingency planning
            activities.

      (e)   Each party's contingency planning activities will comply, as
            appropriate, with such of the following regulatory policies as may
            be applicable to Customer's business, as the same may be amended or
            replaced from time to time: (i) Federal Deposit Insurance
            Corporation Bank Letter BL-22-89 dated July 14, 1989; (ii) Federal
            Reserve System Supervision and Regulation Number SR 89-16 dated
            August 1, 1989; and (iii) Office of the Comptroller of the Currency

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            Banking Circular Number BC177 dated July 12, 1989. If compliance
            with any amendments or replacements of the policies listed above
            would significantly increase EDS' cost of providing Services, EDS
            will be entitled to increase the charges under this Agreement by an
            amount that reflects a pro rata allocation of EDS' increased cost
            among the applicable EDS customers.

                          ARTICLE VII - TERMINATION AND
                                 RELATED MATTERS

7.1   ARBITRATION. Any dispute, controversy, or claim arising out of, connected
      with, or relating to this Agreement, or the breach, termination, validity,
      or enforceability of any provision of this Agreement, will be resolved by
      final and binding arbitration by a panel of three arbitrators in
      accordance with and subject to the Commercial Arbitration Rules of the
      American Arbitration Association ("AAA") then in effect. Following notice
      of a party's election to require arbitration, each party will within
      thirty days select one arbitrator, and those two arbitrators will within
      thirty days thereafter select a third arbitrator. If the two arbitrators
      are unable to agree on a third arbitrator within thirty days, the AAA will
      within thirty days thereafter select such third arbitrator. Discovery as
      permitted by the Federal Rules of Civil Procedure then in effect will be
      allowed in connection with arbitration to the extent consistent with the
      purpose of the arbitration and as allowed by the arbitrators. Judgment
      upon the award rendered in any arbitration may be entered in any court of
      competent jurisdiction, or application may be made to such court for a
      judicial acceptance of the award and an enforcement, as the law of the
      state having jurisdiction may require or allow. During any arbitration
      proceedings, EDS will continue to provide Services, and Customer will
      continue to make payments to EDS in accordance with this Agreement. The
      fact that arbitration is or may be allowed will not impair the exercise of
      any termination rights under this Agreement.

7.2   TERMINATION DUE TO ACQUISITION. If fifty percent or more of the stock or
      assets of Customer are acquired by another person or entity, whether by
      merger, reorganization, sale, transfer, or other similar transaction, then
      EDS and Customer will negotiate in good faith the terms and conditions
      upon which this Agreement may be modified to accommodate such transaction.
      If the parties are unable to agree upon such modification, either party
      upon written notice to the other may terminate this Agreement upon the
      consummation of such acquisition or on a mutually agreeable date
      thereafter.

7.3   TERMINATION FOR NON-PAYMENT. If Customer defaults in the payment of any
      charges or other amounts due under this Agreement and fails to cure such
      default within ten days after receiving written notice specifying such
      default, then EDS may, by giving Customer at least thirty days prior
      written notice thereof, terminate this Agreement as of a date specified in
      such notice.

7.4   TERMINATION FOR CAUSE. If either party materially defaults in its
      performance under this Agreement, except for non-payment of amounts due to
      EDS, and fails to either substantially cure such default within ninety
      days after receiving written notice specifying the default or, for those
      defaults which cannot reasonably be cured within ninety days, promptly
      commence curing such default and thereafter proceed with all due diligence
      to substantially cure the default, then the party not in default may, by
      giving the defaulting party at least thirty days prior written notice
      thereof, terminate this Agreement as of a date specified in such notice.

7.5   TERMINATION FOR INSOLVENCY. If either party becomes or is declared
      insolvent or bankrupt, is the subject of any proceedings relating to its
      liquidation or insolvency or for the appointment of a receiver,
      conservator, or similar officer, or makes an assignment for the benefit of
      all or substantially all of its creditors or enters into any agreement for
      the composition, extension, or readjustment of all or substantially all of
      its obligations, then the other party may, by giving prior written notice
      thereof to the non-terminating party, terminate this Agreement as of a
      date specified in such notice.

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7.6   PAYMENT UPON TERMINATION. The parties acknowledge that upon termination of
      this Agreement for any reason, including under Section 7.2, 7.3, 7.4, or
      7.5 (but excluding by election by either party not to renew pursuant to
      Section 2.1 or termination by Customer pursuant to Section 7.4 or 9.5),
      EDS will incur damages resulting from such termination that will be
      difficult or impossible to ascertain. Therefore, prior to such termination
      and in addition to all other amounts then due and owing to EDS, Customer
      will pay to EDS as reasonable liquidated damages an amount equal to the
      sum of subsections (a) and (b):

      (a)   All costs reasonably incurred by EDS in connection with such
            termination, including without limitation telecommunication line
            disengagement expenses and costs of terminating leases on or
            shipping or storing any Equipment provided to Customer by or through
            EDS under this Agreement, plus a twenty-five percent management fee
            on such costs, plus EDS' charges for any Additional Services
            reasonably requested by Customer for deconversion assistance and
            EDS' then standard charges for the resources utilized to prepare any
            test or conversion tapes (together, the "Termination Costs"). EDS
            may, at its option, invoice Customer for the lesser of (i) EDS' good
            faith estimate of the Termination Costs, or (ii) the aggregate of
            the charges payable to EDS pursuant to Article V for the two
            calendar months preceding the month in which notice of termination
            is given. If the actual Termination Costs are greater or less than
            the amount of EDS' invoice that is paid by Customer under the
            immediately preceding sentence, then Customer will pay EDS, or EDS
            will refund to Customer, as the case may be, the difference between
            the actual Termination Costs and the amount paid.

      (b)   Eighty percent of the total compensation which would have been paid
            or reimbursed to EDS under this Agreement during the remainder of
            its term. The amount of total compensation will be computed by
            multiplying the total number of months remaining in the Initial Term
            or the Renewal Term then in effect from the effective date of the
            termination by the average monthly charge to Customer for Services
            under this Agreement during the twelve calendar months immediately
            preceding the calendar month in which notice of termination was
            given, and multiplying that number by eighty percent. This is
            expressed mathematically as follows:

            (Number of months remaining in term) x (average monthly charge for
            Services during the twelve months preceding notice of termination) x
            0.80

            If this Agreement has been in effect less than twelve calendar
            months prior to the giving of the notice of termination, then the
            parties will compute the amount due under this subsection (b) using
            the average monthly charge for Services made during such lesser
            number of calendar months. If termination of this Agreement occurs
            prior to the Operational Date, then the parties will compute the
            amount due under this subsection (b) assuming that the Operational
            Date had occurred when scheduled by EDS and using the average
            monthly charges reasonably estimated to be paid by Customer.

      All amounts payable under this Section 7.6 will be invoiced and paid prior
      to the effective date of such termination and prior to the release of any
      test tapes or other data of Customer.

7.7   PAYMENT UPON NONRENEWAL. If Customer gives or receives notice not to renew
      this Agreement pursuant to Section 2.1, or Customer terminates this
      Agreement under Section 9.5, Customer will pay to EDS an amount equal to
      all amounts then due and payable to EDS, plus (a) EDS' charges for any
      Additional Services reasonably requested by Customer for deconversion
      assistance, (b) EDS' then standard charges for the resources utilized to
      prepare any test or conversion tapes, and (c) all other costs reasonably

                                       9
<PAGE>

      incurred by EDS in connection with such election not to renew or
      termination that are described in Section 7.6(a) and that relate to
      obligations that Customer approved, which extend beyond the then current
      term of this Agreement or earlier termination date under Section 9.5. All
      amounts payable under this Section 7.7 will be invoiced and paid prior to
      the expiration date and prior to the release of any test tapes or other
      data of Customer.

                     ARTICLE VIII - LIABILITY AND INDEMNITY

8.1   LIMITATION OF LIABILITY. Section 3.2(d) sets forth Customer's exclusive
      remedies for errors in reports or other output provided by EDS under this
      Agreement. If EDS becomes liable to the Customer under this Agreement for
      any other reason, whether arising by negligence, willful misconduct or
      otherwise, then (a) the damages recoverable against EDS for all events,
      acts, delays, or omissions will not exceed in the aggregate the
      compensation payable to EDS pursuant to Section 5.1 of this Agreement for
      the lesser of the months that have elapsed since the Operational Date or
      the three months ending with the latest month in which occurred the
      events, acts, delays, or omissions for which damages are claimed, and (b)
      the measure of damages will not include any amounts for indirect,
      consequential, or punitive damages of any party, including third parties,
      or damages which could have been avoided had the output provided by EDS
      been verified before use. Customer may not assert any cause of action
      against EDS of which the Customer knew or should have known more than two
      years prior to such assertion. In connection with the conduct of any
      litigation with third parties relating to any liability of EDS to Customer
      or to such third parties, EDS will have all rights which are appropriate
      to its potential responsibilities or liabilities. EDS will have the right
      to participate in all such litigation and to settle or compromise its
      liability to third parties.

8.2   WARRANTY. EDS will provide the Services in a professional and workmanlike
      manner. EXCEPT AS EXPRESSLY PROVIDED IN THIS SECTION 8.2, EDS DISCLAIMS
      ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, IN FACT OR BY OPERATION OF LAW
      OR OTHERWISE, CONTAINED IN OR DERIVED FROM THIS AGREEMENT, ANY OF THE
      SCHEDULES ATTACHED HERETO, ANY OTHER DOCUMENTS REFERENCED HEREIN, OR IN
      ANY OTHER MATERIALS, PRESENTATIONS OR OTHER DOCUMENTS OR COMMUNICATIONS
      WHETHER ORAL OR WRITTEN, INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES
      OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

8.3   FORCE MAJEURE. Each party will be excused from performance under this
      Agreement, except for any payment obligations, for any period and to the
      extent that it is prevented from performing, in whole or in part, as a
      result of delays caused by the other party or any act of God, war, civil
      disturbance, court order, labor dispute, third party nonperformance, or
      other cause beyond its reasonable control, including failures,
      fluctuations or nonavailability of electrical power, heat, light, air
      conditioning, or telecommunications equipment. Such nonperformance will
      not be a default or a ground for termination as long as reasonable means
      are taken to expeditiously remedy the problem causing such nonperformance.

8.4   CROSS INDEMNITY. EDS and Customer each will indemnify, defend, and hold
      harmless the other from any and all claims, actions, damages, liabilities,
      costs, and expenses, including without limitation reasonable attorney's
      fees and expenses, arising out of (a) the death or bodily injury of any
      agent, employee, customer, or business invitee of the indemnitor, and (b)
      the damage, loss, or destruction of any property of the indemnitor.

                                       10
<PAGE>

8.5   RELIANCE ON INSTRUCTIONS. EDS is entitled to rely upon and act in
      accordance with any instructions, guidelines or information provided to
      EDS by Customer, which are given by persons having actual or apparent
      authority to provide such instructions, guidelines, or information, and
      will incur no liability in doing so. Customer will indemnify, defend, and
      hold harmless EDS from any and all claims, actions, damages, liabilities,
      costs, and expenses, including without limitation reasonable attorneys'
      fees and expenses, arising out of or resulting from EDS acting in
      accordance with this Agreement.

                           ARTICLE IX - MISCELLANEOUS

9.1   BINDING NATURE AND ASSIGNMENT. This Agreement will be binding on the
      parties and their respective successors and assigns. Neither party may
      assign this Agreement unless it obtains the prior written consent of the
      other party (except that EDS will have the right to perform the Services
      itself and through various of its indirect, wholly-owned, United
      States-based subsidiaries and to subcontract to unaffiliated third parties
      portions of the Services, so long as EDS remains responsible for the
      obligations performed by any of its subsidiaries and subcontractors to the
      same extent as if such obligations were performed by EDS employees), which
      consent will not be unreasonably withheld. The following transactions
      relating to either party will not require approval of the other party
      under this Section: any merger (including without limitation a
      reincorporation merger), consolidation, reorganization, stock exchange,
      sale of stock or substantially all of the assets, or other similar or
      related transaction in which such party is the surviving entity or, if
      such party is not the surviving entity, the surviving entity continues to
      conduct the business conducted by such party prior to consummation of the
      transaction.

9.2   HIRING OF EMPLOYEES. During the term of this Agreement and for a period of
      twelve months thereafter, neither party will, without the prior written
      consent of the other, offer employment to or employ any person employed
      then or within the preceding twelve months by the other party, if the
      person was involved in providing or receiving Services.

9.3   NOTICES. Any notice under this Agreement will be deemed to be given when
      (i) delivered by hand or when mailed by registered United States mail,
      return receipt requested, and (ii) addressed to the recipient party at its
      address set forth in the first paragraph of this Agreement and to the
      attention of its President, in the case of Customer, or to the attention
      of President of Community Banking Services, in the case of EDS. Either
      party may from time to time change its address for notification purposes,
      by giving the other prior written notice of the new address and the date
      upon which it will become effective.

9.4   RELATIONSHIP OF PARTIES. EDS, in providing Services, is acting as an
      independent contractor and does not undertake by this Agreement or
      otherwise to perform any regulatory or contractual obligation of the
      Customer. EDS has the sole right and obligation to supervise, manage,
      contract, direct, procure, perform, or cause to be performed all work to
      be performed by EDS under this Agreement.

9.5   MODIFICATION. EDS may from time to time modify any of the provisions of
      this Agreement to be effective at any time on or after the expiration of
      the Initial Term by giving Customer at least six months prior written
      notice describing the modification and the date upon which it will be
      effective (the "Modification Date"). If EDS gives Customer notice of a
      modification pursuant to this Section, Customer may, by giving EDS written
      notice at least three months prior to the Modification Date, terminate
      this Agreement as of such Modification Date or at a specified later date.
      Unless Customer provides such notice, the modification will be effective
      for any period after the Modification Date.

9.6   WAIVER. A waiver by either of the parties of any of the covenants,
      conditions, or agreements to be performed by the other or any breach
      thereof will not be construed to be a waiver of any succeeding breach or
      of any other covenant, condition, or agreement contained in this
      Agreement.

                                       11
<PAGE>

9.7   MEDIA RELEASES. All media releases, public announcements, and public
      disclosures by Customer or Customer's employees or agents relating to this
      Agreement or the subject matter of this Agreement, including without
      limitation promotional or marketing material, but excluding any
      announcement intended solely for internal distribution by Customer or any
      disclosure required by legal, accounting, or regulatory requirements
      beyond the reasonable control of Customer, will be coordinated with and
      approved by EDS prior to release.

9.8   ENTIRE AGREEMENT. This Agreement and all attached Schedules constitute the
      entire agreement between EDS and Customer with respect to the subject
      matter of this Agreement. There are no understandings or agreements
      relative to this Agreement which are not fully expressed herein and no
      change, waiver, or discharge of this Agreement will be valid unless in
      writing and executed by the party against whom such change, waiver, or
      discharge is sought to be enforced. This Agreement may be amended only by
      an amendment in writing, signed by the parties.

9.9   GOVERNING LAW. This  Agreement  will be governed by and construed in
      accordance  with the laws of the State of Texas.

9.10  EXECUTION OF AGREEMENT. Three original copies of this Agreement will be
      executed and submitted to EDS by Customer. This Agreement will become
      effective when EDS executes this Agreement. EDS will return one of the
      executed copies to Customer. By executing this Agreement, Customer
      represents and warrants that (a) this Agreement has been duly authorized;
      (b) such execution does not, and will not, cause a breach by Customer of
      any other contract, agreement, or understanding to which Customer is a
      party; and (c) this Agreement constitutes a valid, fully enforceable, and
      legally binding obligation of Customer. Customer will maintain this
      Agreement as an official record of Customer continuously from the time of
      its execution.

            IN WITNESS WHEREOF, EDS and Customer each have caused this Agreement
to be signed and delivered by its duly authorized representative.

Customer:                                  Accepted by:
FIDELITY FEDERAL BANK                      ELECTRONIC DATA SYSTEMS CORPORATION

By:    /S/ JAMES E. STUTZ                  By:     /S/ PAUL W. DUCKHAM
-------------------------------------      -------------------------------------
      Authorized Signature                         Authorized Signature

        JAMES E. STUTZ,                              PAUL W. DUCKHAM,
President and Chief Operating Officer         President, MISER Division
-------------------------------------      -------------------------------------
   Type or Print Name and Title               Type or Print Name and Title

        December 3, 1999                            December 9, 1999
-------------------------------------      -------------------------------------
             Date                                          Date

                                       12
<PAGE>

                                           EDS INFORMATION SERVICES L.L.C.

                                           By:   /S/ RAYMOND R. MATURI
                                           -------------------------------------
                                                 Authorized Signature

                                                  RAYMOND R. MATURI.
                                                  Division President
                                           -------------------------------------
                                             Type or Print Name and Title

                                                  December 15, 1999
                                           -------------------------------------
                                                         Date

                                       13
<PAGE>

                                   SCHEDULE A

                                 BASIC SERVICES

EDS will provide Customer the following Basic Services:

 I.   DATA PROCESSING SOFTWARE SYSTEM ACCESS:

      MISER Base Software System includes:

       * Demand Deposit Accounts           * Relationship Pricing
       * Savings/Club Accounts             * Combined Statements
       * Retirement Accounts               * Sweep Accounts
       * Mortgage Loans (Investor)         * NOW Accounts
       * Mortgage Loans (Non-Investor)     * ACH Returns
       * Money Market Accounts             * Automatic Account Transfers
       * Line of Credit                    * Combined Interest Checks
       * Student Loans                     * Mid Year IRA Statements
       * General Ledger                    * Escrow Analysis
       * Certificates of Deposit           * Escrow Statements
       * Lease Security                    * LIP Billing
       * ACH/Transfers                     * Home Equity Loans
       * Installment Loans                 * Coupon Production
       * Passbook Loans                    * Credit Bureau Reporting (Max 2)
       * Other Loans (Share)               * General Ledger Auto-Posting
       * IOLTA (Lawyer)                    * AM/PM Processing
       * Relationship CIF                  * Documentation
       * Disaster Recovery (Host)          * Training Bank File
       * Optical Disk Download             * Employee Account Security
       * Output Management System          * Tape Generation
       * Overdraft Protection

      MISER Base Software System also includes the following ancillary
      applications (Note: Access Fees and Volume Charges as defined in Schedule
      B or Schedule C may apply):

       * Commercial Loans                  * Investor Reporting
       * Dealer Processing                 * Per Diem
       * ECHO (Shadow Accounting)          * Billing Records
       * Safe Deposit Box                  * Notepad Storage
       * Online ATM Processing             * Report Writer Access
       * Data Mart                         * Data Warehouse
       * Accounts Payable

                                      A-1
<PAGE>

II.   STANDARD REPORTS:

      EDS shall make available to Customer those standard reports listed in the
      Data Center's published MISER Reports that are produced by those Data
      Processing Software System application systems used by Customer. All
      reports will be transmitted to a remote print facility at Customer's
      location, unless otherwise requested by Customer. Customer is responsible
      for the operation and cost of the remote print facility. Any expense for
      additional copies, custom pre-printed forms, mailing and handling service
      shall be paid by Customer. The design and format of any forms to be used
      with the Data Processing Software System shall be approved by EDS. All
      reports produced only upon request of Customer as well as special requests
      to produce standard reports outside such report's normal production
      frequency (which reports are denoted as "Requested Programs and
      Frequencies") shall be subject to the Special Report Charges specified in
      Schedule "C."

III.  Hours of Operation and Schedule of Services

      1.  ON-LINE PROCESSING HOURS OF OPERATION

          SCHEDULED AVAILABILITY
          Monday through Friday       6:45 A.M. - 8:00 P.M. (See Note 1)
          Saturday                    8:00 A.M. - 2:00 P.M.
          Sunday                      8:00 A.M. - 2:00 P.M.

          Note 1: Five (5) day processing with Saturday carry-over

      EDS' Data Center will observe New Year's Day, President's Day, Memorial
      Day, Independence Day, Labor Day, Veterans Day, Thanksgiving, and
      Christmas as holidays. On-line service will not be available to Customer
      on those days, except as mutually agreed upon in advance and for a fee to
      be agreed upon in advance.

      2.  OFF-LINE PROCESSING AND REPORTING

          2.1 DAILY

          Regular daily reports and OMS         8:00 A.M. Following business day

          o Includes all scheduled reports
            and downloads for the core
            applications (deposits, loans,
            and general ledger)

          2.2 MONTHLY

          Interest checks and commercial        Noon on the 1st business
          checking account statements           day following end of month

          All other monthly reports             Noon on the 3rd business
                                                day following end of month

          2.3 QUARTERLY

          All other quarterly reports           Noon on the 3rd business
                                                day following end of quarter

          2.4 ANNUAL

          All IRS-required forms                Scheduled as mutually agreed
                                                to permit federal regulatory
                                                compliance

          All other annual reports              Noon on the 4th business day
                                                following end of year

      3.  BATCH TRANSACTION INPUT FROM CUSTOMER

          3.1 Daily                             No later than 4:00 p.m. same
                                                day

                                      A-2
<PAGE>

                                   SCHEDULE B

                                OPTIONAL SERVICES

Customer will have the option to implement the following option products
throughout the term of this Agreement. Should Customer elect to utilize any of
the optional products EDS will assess the surcharge identified below.

<TABLE>
<CAPTION>

COMPONENT                                MONTHLY          ONE-TIME                     COMMENT
------------------------------------  -------------    --------------     --------------------------------
<S>                                   <C>              <C>                <C>

LOAN SUPPORT
------------

  MORTGAGE LOANS                         Access Fee        $ 8,000.00     One-Time Fee for
                                        Included In                       On-Site Training
                                      Basic Service

  COMMERCIAL LOANS                         $ 200.00        $ 3,000.00     One-Time Fee for
                                                                          On-Site Training

  COMMERCIAL LOAN WITH                     $ 300.00        $ 5,000.00     One-Time Fee for
    MULTIPLE PARTICIPATION                                                On-SiteTraining

  COMMERCIAL CONSTRUCTION LOANS          $ 2,500.00        $ 3,000.00     One-Time Fee for
                                                                          On-Site Training

  INVESTOR REPORTING                       $ 750.00        $ 4,000.00     One-Time Fee for
                                                                          On-Site Training

  BILLING RECORDS & PER DIEM             Access Fee        $ 2,500.00     One-Time Fee for
                                        Included In                       On-Site Training
                                      Basic Service

  DEALER LOAN SERVICING                  Access Fee        $ 2,000.00     One-Time Fee for
                                        Included In                       On-Site Training
                                      Basic Service

  ECHO (SHADOW ACCOUNTING)               Access Fee        $ 2,000.00     One-Time Fee for
                                        Included In                       On-Site Training
                                      Basic Service

  ONLINE COLLECTIONS                        $300.00        $ 2,500.00     One-Time Fee for
                                                                          On-Site Training

  LETTER WRITER                             $ 50.00        $ 1,500.00     Plus .025 per letter generated
                                                                          and .10 per letter Stored Billed
                                                                          Monthly; One-time Fee for
                                                                          On-Site Training

  NOTEPAD STORAGE                        Access Fee    Not Applicable     Plus $0.01 Per NotePad Record
                                        Included In
                                      Basic Service

FINANCIAL APPLICATIONS
----------------------

  ASSET/LIABILITY MANAGEMENT
  > License Fee (Multi-User Version)  Not Applicable      $ 27,700.00     HNC Financial Solutions
  > Installation/Training Fee         Not Applicable       $ 5,000.00
  > Maintenance Fee                         $ 475.00   Not Applicable     Plus File Transfer Fee

  INVESTMENT MANAGEMENT
  > License Fee (Multi-User Version)  Not Applicable      $ 12,500.00     Wall Street Consulting Group
  > Installation/Training Fee         Not Applicable       $ 7,000.00
  > Maintenance Fee                         $ 225.00   Not Applicable     Plus File Transfer Fee

  FIXED ASSETS
  > License Fee (Multi-User Version)  Not Applicable      $  3,650.00     HNC Financial Solutions
  > Installation/Training Fee         Not Applicable       $ 2,000.00
  > Maintenance Fee                          $ 75.00   Not Applicable     Plus File Transfer Fee

</TABLE>

                                       B-1

<PAGE>

                                   SCHEDULE C

                                 SERVICE CHARGES

Section 1.a.           Charges for Basic Services.
------------           ---------------------------

In consideration for the services described in Schedule A, Customer will pay EDS
a monthly data processing service charge based on the following table.

<TABLE>
<CAPTION>

COMPONENT                                MONTHLY          ONE-TIME                     COMMENT
------------------------------------  -------------    --------------     --------------------------------
<S>                                   <C>              <C>                <C>

CORE PROCESSING FEES
--------------------

  ACCOUNT PROCESSING FEE

    STANDARD:
      Open Active Accounts *                 $ 0.50    Not Applicable     Per Account Per Month

    PREMIUM - COMMERCIAL LOANS &
    INVESTOR MORTGAGES:
      Open Active Accounts *                 $ 0.50    Not Applicable     Per Account Per Month

    STANDARD & PREMIUM:
      Closed Accounts *                      $ 0.05    Not Applicable     Per Account Per Month

*    FOR THE PURPOSES OF THIS SCHEDULE ACCOUNT(S) SHALL BE DEFINED AS THE TOTAL
     DEPOSITS, TOTAL LOANS, AND COLLECTIONS RECORDS PROCESSED BY EDS FOR THE
     CUSTOMER AS REPORTED IN EDS MSR615 PROGRAM (DATA CENTER WORKSHEET FOR
     ACCOUNT VOLUME ANALYSIS.)

*    DURING THE FIRST TWENTY-FOUR (24) MONTHS OF THE TERM OF THIS AGREEMENT, EDS
     WILL WAIVE ACCOUNT PROCESSING FEES FOR UP TO THE FIRST 15,000 MORTGAGE LOAN
     ACCOUNTS.

 ACCOUNTS PAYABLE
 ----------------

   > Monthly Fee                           $ 300.00        $ 2,000.00     One-Time Fee for On-Site Training

   > Vendor Fee                              $ 0.35    Not Applicable     Per Vendor Billed Monthly not
                                                                          to exceed $1,200.00

   > Transaction Fee                         $ 0.02    Not Applicable     Per Transaction Billed Monthly

  SAFE DEPOSIT BOX                       Access Fee        $ 1,500.00     EDS hereby agrees to waive the $500.00
                                        Included In                       MISER Safe Deposit Box Monthly Access Fee
                                      Basic Service                       and $20.00 (per branch) Monthly Branch
                                                                          Access Fee; One-Time Fee for On-Site Training

  ONLINE ATM                             $ 1,000.00          Included     One-Time Fee for On-Site Training
                                                                          included in Charge for Basic Conversion
                                                                          Services, Schedule C, Section 2.a

ADHOC REPORTING
---------------

MISER GUI REPORT WRITER & DATA EXTRACT

  Application Access                         Waived        $ 5,000.00     EDS hereby agrees to waive the $750.00
                                                                          MISER Report Writer and Data Extract Monthly
                                                                          Access Fee; One-Time Fee for On-Site Training

                                       C-1
<PAGE>

VARIABLE CHARGES:

> URSA                                       Waived        $ 1,000.00     Per URSA Client Terminal

> prime pass accounts accessed             $ 0.0030    Not Applicable     Billed Monthly

> prime pass accounts processed            $ 0.0041    Not Applicable     Billed Monthly

> off-prime pass accounts accessed         $ 0.0010    Not Applicable     Billed Monthly

> off-prime pass accounts processed        $ 0.0025    Not Applicable     Billed Monthly

MISCELLANEOUS FEES
------------------

DOCUMENTATION:

  Hard Copy                               No Charge         No Charge     Initial Hard Copy Set; Additional Sets $250.00

  CD-ROM                                  No Charge         No Charge     Initial CD-ROM; Additional CD's $50.00

FILE TRANSFER:

  External File Reporting
  (Magnetic Tape)                           $ 40.00    Not Applicable     Fee Waived for the first 10 Files on a Monthly
                                                                          Basis; Per File Plus Tape Cost

  External File Reporting
  (Transmissions and Downloads)             $ 30.00    Not Applicable     Fee Waived for the first 10 Files on a Monthly
                                                                          Basis; Per File

SCHEDULE CHANGES:

  Ad Hoc
  (Processed by EDS Production Control)     $ 25.00    Not Applicable     Per Change WAIVED DURING FIRST 6 MONTHS OF THE
                                                                          TERM OF THIS AGREEMENT

  Permanent
  (Processed by EDS Production Control)     $ 15.00    Not Applicable     Per change WAIVED DURING FIRST 6 MONTHS OF THE
                                                                          TERM OF THIS AGREEMENT

CARD OPTION CHANGES:

  Ad Hoc
  (Processed by EDS Production Control)     $ 25.00    Not Applicable     Per Change WAIVED DURING FIRST 6 MONTHS OF THE
                                                                          TERM OF THIS AGREEMENT

  Permanent
  (Processed by EDS Production Control)     $ 25.00    Not Applicable     Per change WAIVED DURING FIRST 6 MONTHS OF THE
                                                                          TERM OF THIS AGREEMENT

PARAMETER CHANGES:

  Field Changes
  (Processed by EDS Production Control)     $ 15.00    Not Applicable     Per Field Per Setup/Change WAIVED DURING FIRST 6
                                                                          MONTHS OF THE TERM OF THIS AGREEMENT

  Account/Service Charge Types
  (Processed by EDS Production Control)     $ 75.00    Not Applicable     Per Type Per Setup/Change WAIVED DURING FIRST 6
                                                                          MONTHS OF THE TERM OF THIS AGREEMENT
</TABLE>

                                       C-2
<PAGE>

EDS contemplates offering Customer its MISER DATAMART Application, said
application to be released to EDS' service bureau customers in the first quarter
of 2000.

<TABLE>
<CAPTION>

COMPONENT                                MONTHLY          ONE-TIME                     COMMENT
------------------------------------  -------------    --------------     --------------------------------
<S>                                   <C>              <C>                <C>

DATA MART & DATA WAREHOUSE
--------------------------

>  Data Mart Initial License Fee       Not Applicable       Waived(1)     Includes:
   New Name Business Discount                                             Data Replication
   Net Data Mart Initial License Fee                                      > Daily, once a day, on a NT-Server at the SMC
                                                                            [dedicated server]
> Data Mart Server Package             Not Applicable  $ 95,000.00        Reporting Products
  New Name Business Discount                           $ 41,000.00(2)     > MISER Datamart Report Client Version 1.0 -
  Net Data Mart Server Package                         ------------         Crystal Reports
                                                       $ 54,000.00        > MISER Executive Reporting Module Version 1.0 - Sagent
                                                       ============         (single source, single target - 20 user licenses)

> Monthly Usage Fee
  Includes: Data Replication daily                                        Monthly Fee estimate assumes 200,000 accounts
  on a NT-Server at EDS' Data Center      $ 5,000.00   Not Applicable     (as defined in Schedule C, Section 1a of this
  plus maintenance and server                                             Agreement) at $0.025 per account.
  administration.

> Installation and Training           Not Applicable   $ 6,500.00         Four (4) Days On-Site

> Report Product Training             Not Applicable   $ 1,200.00         PER MAN-DAY

> Consulting Services                 Not Applicable   $ 2,500.00         PER MAN-DAY

> Re-Clone Database (Client Requeted) Not Applicable       $ 0.02         Per record; Minimum $2,000.00

</TABLE>
                                       C-3
<PAGE>

>  Other Considerations:

   > (1) In consideration of Customer licensing a minimum 400 seats of the SDI
     ZEUS Teller and Platform System EDS hereby agrees to waive the $40,000.00
     Data Mart Initial License Fee. Should Customer elect to license fewer SDI
     ZEUS Teller and Platform Systems then EDS reserves the right to reinstate a
     portion of the Data Mart Initial License Fee.

   > (2) In consideration of Customer licensing a minimum 400 seats of the SDI
     ZEUS Teller and Platform System EDS hereby agrees to provides a discount of
     $31,000.00 against the purchase of a Data Mart Server Package for
     $95,000.00. Should Customer elect to license fewer SDI ZEUS Teller and
     Platform Systems then EDS reserves the right to reduce the discount against
     the Data Mart Server Package.

   > Monthly fees will fluctuate based on number of accounts; the variable
     portion of the monthly fee is $0.025 per account.

   > Additional installation and consulting services available at $ 2,500.00 per
     man-day.

   > It may be necessary to upgrade the server as technology changes. In the
     event EDS determines that a server upgrade is warranted, EDS and Customer
     will mutually agree as to the necessity of the upgrade and Customer will
     pay a mutually agreeable server upgrade fee.

   > Hardware and Software Requirements:

         Software: NT 4.0, SQL Server 7.0 (for Datamart) ; Crystal
         Reports 6.0 (for Datamart Report Client only)
         Hardware: Recommended configuration: Dual Intel 450MHZ Pentium II
         Processors, 512MB ECC SDRAM SIMM, 54GB* 10000RPM Ultra/Wide
         Disk Configured as RAID5 hardware array, 4 mm DAT Drive,
         10/100 TX LAN Controller, SCSI Ultra/Wide Controller capable
         for RAID5.
          * May vary based on storage needs.

   > Pricing in this Schedule B is subject to further review by EDS of the
     specific configuration for Customer and may be subject to modification.

Section 1.b.      Annual Minimum Charges for Basic Services.
------------      ------------------------------------------

EDS' Basic Services are subject to the annual minimum charges in the table in
this Section 1.b during the term of this Agreement. All monthly fees referenced
in Schedule B and Schedule C of this Agreement are to be included in the
calculation of Annual Minimum Charges for Basic Services.

        COMPONENT FEES                              AMOUNT
        --------------                              ------

ANNUAL MINIMUM BASIC SERVICE CHARGES
Year 1-5 of the term of this Agreement           $1,000,080.00

On each anniversary of the Operational Date, EDS will calculate the total
monthly charges referenced in Schedule B and Schedule C of this Agreement paid
to EDS by Customer for the immediately preceding 12 months (the "Total
Charges"). In the event the Total Charges for the previous 12 months is less
than the Annual Minimum Charges set forth in the table above in this Section
1.b, EDS will invoice Customer the difference between the Annual Minimum Charges
and the Total Charges, such invoice to be paid by Customer within 10 days of the
date of invoice. Notwithstanding anything to the contrary in this Agreement, the
parties agree that the Annual Minimum Charges set forth in the table above in
this Section 1.b will not be subject to the annual adjustment described in
Schedule E.

                                      C-4
<PAGE>

Section 1.c.      Staffing
--------------------------

RELATIONSHIP MANAGER. EDS shall assign a relationship manager to Customer (the
"Relationship Manager"). The Relationship Manager will be located at a regional
EDS facility and will be responsible for management of EDS' and the Customer's
overall business relationship. The Relationship Manager will meet with the
Customer at least monthly to discuss issues related to the business
relationship. EDS will provide the Relationship Manager at no additional charge
to the Customer.

PROGRAMMER. Effective the Operational Date, EDS shall use commercially
reasonable efforts to hire and assign a full-time EDS programmer dedicated to
Customer's account (the "Programmer"). The Programmer will be located at
Customer's site for the term of this Agreement. The Programmer will provide on a
full-time basis the Special Programming Services contemplated in Section 1.d of
this Schedule C. Should EDS be unable to assign a Programmer by the Operational
Date as contemplated above, then Customer may, at its option, select from one of
the following alternatives for each month in which a Programmer is not assigned
by EDS: (i) receive up to one hundred hours of Special Programming Services
performed by off-site, non-dedicated EDS programmers, or (ii) receive a credit
for such month in the amount of $3,000.00. The immediately preceding
alternatives will be pro-rated for partial months. Should Customer select option
(i), above, EDS shall have the right to select the programmer(s) to perform the
Special Programming Services.

Section 1.d.      Special Programming Services
----------------------------------------------

EDS shall provide to Customer special programming services (including
development of special programs and interfaces, modification of existing
programs, conversion services, and retrofitting of custom programs and patches
in to System releases) ("Special Programming Services") to the extent that they
can be provided by the Programmer referenced in Section 1.c above working on a
full-time basis. Special Programming Services deliverables shall be scheduled as
mutually agreed by EDS and Customer, provided that EDS will exercise
commercially reasonably efforts to provide acceptable turnaround time on
projects requested by the Customer. Time spent by EDS' programmers to (i)
correct defects to the EDS System (a "defect" shall mean the EDS System does not
perform in accordance to specifications as generally provided to EDS' customer
base) and (ii) perform modifications required by Federal regulatory agencies,
subject to the provisions of Section 3.4 of the Agreement, will not be applied
against the Special Programming Services hours that may be provided by EDS with
off-site EDS programming resources in the event Customer exercises alternative
(i) set forth in Section 1.c above.

CHARGES FOR SPECIAL SERVICES. Should Customer desire programming services in
excess of those contemplated in the Special Programming Services then EDS shall
provide to Customer a cost and time estimate to complete the desired capability.
Such Additional Services shall be billed at a rate of $125.00 per hour. EDS will
proceed with the Customer's request for such Additional Services upon receipt of
Customer's written approval of EDS' time and cost estimate.

EDS reserves the right to decline Customer requests for Special Programming or
Additional Services if the deliverable would adversely affect the System or if
EDS resources are not reasonably available to accomplish the request.

                                      C-5
<PAGE>

Section 1.e.      Deconversion Services
---------------------------------------

As set forth in Section 7.6 of the Agreement, Customer will pay EDS all costs
reasonably incurred by EDS in connection with such deconversion assistance and
resources utilized to prepare any test or deconversion tapes. Without limiting
the provisions of Section 7.6 of the Agreement, all deconversion assistance will
be provided at EDS' then standard charges; provided, however, that the following
deconversion assistance items shall be fixed at the rates listed below in this
Section 1.f, subject only to the annual price adjustments set forth in Schedule
E of this Agreement.

  o Deconversion Tapes                                        $  500.00 per tape
           (same pricing for test tapes
           or final tapes)
  o Employee Research Time                                    $  100.00 per hour
  o Master File Layouts
           Included with tape charge but can
           charge excessive man hours @                       $  125.00 per hour
  o Telecom Charge (rebill pass through actual
           charge plus 5% handling charge)
  o Partial Month On-line Charges
           (Average monthly invoice divided by number of days used). Example:
           $42,000.00 average customer invoice divided by 21 days = $2,000.00
           per day. Customer uses 10 days. $2,000.00 x 10 = $20,000.00. Charges
           will vary depending on average monthly invoice, number of billing
           days in monthly cycle, days used after conversion.

Section 1.f.      Disaster Recovery Fees
----------------------------------------

In the event of an actual disaster, Customer shall pay Disaster Recovery fees
and actual costs EDS incurs, including, but not limited to: travel and
travel-related expenses of EDS' staff; telephone expenses; data communications
expenses; other than out of pocket expenses related to EDS' operations other
than Data Processing; cost of any special equipment required by Customer in
addition to the equipment configuration at EDS' disaster recovery hot site.

      a. While EDS is responsible for the cost of testing EDS' Data Center
      operations at the disaster recovery hotsite, Customer is responsible for
      any incremental testing fees incurred as result of Customer's testing
      requirements. Customer will not be financially responsible for EDS'
      internal Data Center disaster recovery testing conducted on an annual
      basis.

Section 1.g       History Retention
-----------------------------------

The fees set forth herein are based upon the closed account, monetary and
non-monetary transaction history retention limits set forth below. Additional
history retention requested by Customer may be subject to additional charge at
EDS' discretion.
          Checking                     3 months (rolling)
          Consumer Loans               current and previous year
          General Ledger               current and previous year
          Savings                      current and previous 2 years
          Other applications           current and previous year

Additional history retention will be available on request by Customer for an
additional fee.

Section 1.h.      Optional PC Based Applications
------------------------------------------------

Customer intends to use the personal computer based applications listed below
(the "PC Applications"). Customer agrees to enter into separate software license
and software maintenance agreements with EDS or EDS' designated third party
vendors in order to obtain the rights to use the below listed PC Applications.

                                      C-6
<PAGE>

     o SDI ZEUS Client/Server Front-End with TCP/IP Connection To EDS' Host
       Computer

Section 2.a       Charge For Basic Conversion Services
------------------------------------------------------

Customer will pay EDS for the following one-time charges associated with
conversion and training services performed during the Conversion period.

CONVERSION SERVICES                       ONE-TIME             COMMENT
------------------------------------  --------------  --------------------------

MISER SYSTEM SETUP, IMPLEMENTATION,
& CONVERSION:

  Institution Setup                   $  75,000.00    Plus travel and living
                                                      expenses for EDS' employee
                                                      while on Customer site.

  Conversion                          $ 200,000.00    Plus travel and living
                                                      expenses for EDS' employee
                                                      while on Customer site.
MISER SYSTEM TRAINING FEES:

  MISER Introduction                   $ 63,000.00    Plus travel and living
                                                      expenses for EDS' employee
                                                      while on Customer site.

The MISER System Training Fees set forth in the table above will be in payment
of EDS' provision to specified Customer personnel of the following training
classes:

         Class                                       Number of Classes
         -------------------------------------------------------------
         Introduction to MISER                              1
         Relationship CIF                                   3
         Branch Operations                                  3
         Deposit Servicing                                  3
         Security                                           1
         Individual Retirement Account Servicing            1
         Consumer Loans                                     1
         Line of Credit Account Servicing                   1
         General Ledger                                     1
         Back Office (ACH/Inclearings/Transfers)            1
         Command and Edit (CANDE) System                    1
         TB Entry                                           1
         Backoffice Branch Operations                       1
         Nightly Production                                 1
         MISER Administrator                                1
         ATM                                                1

The Conversion Services, as defined in Article III, Section 3.1(c) of the
Agreement, are based upon EDS' good faith estimate derived from information
presented to EDS by Customer. If, during the course of the Conversion Services
effort, it is determined that (a) Customer desires EDS to perform additional
services not included in Company's Conversion Services described herein, or (b)
the Conversion Services assistance effort is substantially greater than
Company's good faith estimate, then EDS reserves the right to charge Customer
additional Conversion Service Charges as mutually agreed by EDS and Customer.

                                      C-7
<PAGE>

Section 2.b      Charge for Custom Interface and Development Conversion Services
--------------------------------------------------------------------------------

If it is determined that Customer desires EDS to perform custom interface and
other development services not contemplated in the Basic Conversion Services
then EDS will charge Customer for such services at a rate of $125.00 per-hour
per resource. Notwithstanding the foregoing, EDS will waive such fees for Custom
Interface and Development Services for up to the first one hundred (100)
man-hours.

                                      C-8
<PAGE>

Section 3.        Schedule of One-Time Charges.
-----------------------------------------------

Basic Services Charges (as defined in Exhibit C, Sections 1.a, 1.b, and 1.c)

     o    All charges will be payable on receipt of EDS' invoice.

Special Programming Services (as defined in Exhibit C, Section 1.d)

     o    All charges will be payable on receipt of EDS' invoice.

Deconversion, Disaster Recovery, and History Retention (as defined in Exhibit C,
Sections 1.e, 1.f and 1.g)

     o    All charges will be payable on receipt of EDS' invoice.

Conversion Services (as defined in Exhibit C, Section 2a)

     o    $100,000.00         Upon execution of this Agreement
     o    $150,000.00         Upon January 1, 2000
     o    $  88,000.00        Upon Conversion

Additional Charges (Including all remaining charges plus travel and living
related expenses)

     o    All charges will be payable on receipt of EDS' invoice.

                                      C-9
<PAGE>

                                   SCHEDULE D

                                CUSTOMER SYSTEMS

               SYSTEM                                      VENDOR
               ------                                      ------

EDS will provide customer a detailed quote of the cost to create and run an
interface to the Customer System listed above.

                                      D-1
<PAGE>

                                   SCHEDULE E

                          ANNUAL ADJUSTMENT TO CHARGES

1.       ADJUSTMENT TO CHARGES. The parties acknowledge and agree to use the
         Employment Cost Index for Total Compensation (not seasonally adjusted),
         Private Industry Workers, White-collar occupations excluding sales,
         June 1989 = 100 (the "ECI"), as the basis for annual adjustments to all
         charges to be paid by Customer to EDS under the Agreement (the
         "Adjustable Charges"). The ECI is published by the Bureau of Labor
         Statistics (the "BLS") of the U.S. Department of Labor. For purposes of
         this Schedule E, the most recently published ECI as of any anniversary
         of the Effective Date is the "ECI Current Index", and the "ECI Base
         Index" is the ECI Current Index from the prior anniversary of the
         Effective Date (or, for the first anniversary, the ECI most recently
         published as of the Effective Date). If, on any anniversary of the
         Effective Date, the ECI Current Index is higher than the ECI Base
         Index, then, effective as of such anniversary, an adjustment to the
         Adjustable Charges will be made by increasing the Adjustable Charges by
         the percentage that the ECI Current Index increased from the ECI Base
         Index. In calculating the percentage increase, the parties agree to
         round to one decimal place. In no event will adjustments pursuant to
         this Exhibit A exceed five percent (5%) on an annual basis during the
         term of the Agreement. If, on any anniversary of the Effective Date,
         the ECI Current Index is lower than the ECI Base Index, no adjustment
         to the Adjustable Charges will be made, and the ECI Base Index shall be
         carried over to the next anniversary so that no adjustment to the
         Adjustable Charges will be made on the next anniversary except to the
         extent that the ECI Current Index on that next anniversary exceeds the
         carried over ECI Base Index.. If the period from the ECI Base Index to
         the ECI Current Index is other than 12 months, an adjustment to a full
         year will be made in the manner indicated in the example set forth in
         Section 3 of this Schedule E. If an adjustment is not made on an
         anniversary date for any reason, then the ECI Base Index for the
         following anniversary date will be the same as the ECI Base Index for
         the anniversary date on which no adjustment was made, as indicated in
         the note to the third example set forth in Section 3 of this Schedule
         E. The ECI is published quarterly at the end of the month following the
         quarter measured, and the most recently published ECI as of the
         Effective Date was the ECI published on or around October 31, 1999 for
         the quarter ending September 30, 1999. The parties acknowledge and
         agree that EDS will adjust the Adjustable Charges and will advise
         Customer of such adjustment in writing so that the new charges will
         amend this Agreement and become effective on the applicable anniversary
         of the Effective Date. If no adjustment is made on an anniversary date
         for any reason, EDS will advise Customer in writing of such fact.

2.       ADJUSTMENT TO CHARGES EXAMPLE. The following is an example of the
         adjustments described in Section 1 of this Schedule E. The specific
         numbers used in the example are for illustration purposes only and are
         not necessarily reflective of an actual calculation hereunder or the
         actual ECI.

         Annual Adjustment on First Anniversary Date:
            Example Charge under this Agreement                        $1,500.00
            ECI Current Index                                              136.0
            ECI Base Index (as of Effective Date)                          129.9
            Percentage Change                       36.0 - 129.9) / 129.9 = 4.7%
            Charge Increased by (1+ Percentage Change)    $1,500.00 * (1 + 4.7%)
            Equals Adjusted Charge                                     $1,570.50

                                      E-1
<PAGE>

         Annual Adjustment on Second Anniversary Date:
            Adjusted Charge as of First Anniversary Date               $1,570.50
            ECI Current Index                                              143.2
            ECI Base Index (as of First Anniversary Date)                  136.0
            Percentage Change                     (143.2 - 136.0) / 136.0 = 5.3%
            Charge Increased by
              (1+ Maximum Annual Percentage Change)       $1,570.50 * (1 + 5.0%)
            Equals Adjusted Charge                                     $1,649.03

         Annual Adjustment on Third Anniversary Date:
            Adjusted Charge as of Second Anniversary Date              $1,649.03
            ECI Current Index                                              140.9
            ECI Base Index (as of Second Anniversary Date)                 143.2
            Percentage Change                              No adjustment is made
            Charge Increased by (1+ Percentage Change)    $1,649.03 * (1 + 0.0%)
            Equals Adjusted Charge*                                    $1,649.03

         Annual Adjustment on Fourth Anniversary Date:
            Adjusted Charge as of Third Anniversary Date               $1,649.03
            ECI Current Index                                              145.9
            ECI Base Index (as of Third Anniversary Date)                  143.2
            Percentage Change                     (145.9 - 143.2) / 143.2 = 1.9%
            Charge Increased by (1+ Percentage Change)    $1,649.03 * (1 + 1.9%)
            Equals Adjusted Charge*                                    $1,680.12

         *    The ECI Base Index for the fourth anniversary date would be 143.2.

3.       CHANGES TO INDEX. In the event that the BLS should stop publishing the
         ECI or should substantially change the content, format or calculation
         methodology of the ECI, the parties will substitute another comparable
         measure published by a mutually agreeable source, except as noted
         below. If the change is to redefine the base period for the ECI from
         one period to some other period, the parties will continue to use the
         index but will use the new base period figures for all future
         adjustments. If the change is to the name of the ECI, the new name will
         be used instead of the old name so long as the numbers previously
         published for the index have not changed. If the change is to the
         publication schedule, the parties may agree in writing to use a
         different publication schedule and to adjust any partial year to a full
         year, if needed. The adjustment to convert a partial year to a full
         year is shown below.

            ECI Current Index  as of July 19XX                             151.0
            ECI Base Index as of June 19XX-1                               145.2
            Percentage Change
              (rounded to 3 decimals)           (151.0 - 145.2) / 145.2 = 3.994%
            Percent Times 12 Divided
              # of Months in Period                             3.994% * 12 / 13
            Equals Percentage Change (rounded to 1 decimal)*                3.7%

         *    This calculation method will be used instead of the Percentage
              Change calculation shown in Section 2 of this Schedule E if the
              period between the ECI Base Index and the ECI Current Index is
              other than 12 months.

                                      E-2
<PAGE>

                                   SCHEDULE F

                              PERFORMANCE STANDARDS

1.       PERFORMANCE STANDARDS: EDS agrees that the Services will be provided in
         accordance with the following Performance Standards.

                   SUBSTANDARD    CRITICAL
    PERFORMANCE    PERFORMANCE   PERFORMANCE
     STANDARD       THRESHOLD     THRESHOLD             COMMENT
-----------------  -----------  ------------ -----------------------------------

1.a MISER System      <99%          <98%     Monthly on line availability
Monthly On-line                              measures the time the Hardware,
Availability                                 Software and Network components
                                             of the MISER System must be
                                             available for Customer processing
                                             during the time specified in
                                             Schedule A, Section III,
                                             Paragraph 1. This measurement
                                             represents the time MISER is
                                             actually useable as a ratio to
                                             the time period it was expected
                                             to be useable each calendar
                                             month. It will be calculated in
                                             minutes by subtracting from the
                                             total time the service was
                                             scheduled to be available during
                                             a given month, the total time
                                             the service was unavailable
                                             during that same month and
                                             dividing the result by the
                                             scheduled availability as
                                             specified in Schedule A, Section
                                             III, On-line Hours of Operation.

1.b MISER System     2 Seconds   4 Seconds   Measures, on a monthly basis,
On-line                                      the time elapsed between the
Response Time                                receipt of a transaction request
                                             at MISER's main operating router
                                             and the receipt of the last
                                             character in answer to that
                                             request (a function of performance)
                                             at FFB's main operating reouter.
                                             It will be calculated in
                                             milliseconds by subtracting from
                                             the total time consumed by a given
                                             transaction the total time
                                             allocated to that transaction, and
                                             dividing by the scheduled response
                                             time.

1.c MISER System       98.5%         96%     Reports and Output Files must be
Reporting and                                made available to FFB within the
Output File                                  agreed upon daily, weekly, monthly,
Availability                                 quarterly and annual delivery
                                             schedules. Performance under this
                                             standard shall be measured monthly
                                             by dividing the number of scheduled
                                             reports and output files not
                                             received by FFB by the scheduled
                                             time by the total number of
                                             scheduled reports and output files
                                             expected by FFB as specified in
                                             Schedule A, Section III, Offline
                                             Processing and Reporting.

2.       PERFORMANCE STANDARD CREDIT: Customer understands and agrees that EDS
         will not achieve the above mentioned performance standard goals one
         hundred percent (100%) of the time, provided however, if EDS'
         performance does not equal or exceed the Substandard Performance
         Threshold defined above for a given month, then Customer shall be
         entitled to a Performance Standard Credits as specified below:

                                      F-1
<PAGE>

         (a)      If EDS fails to meet the Substandard Performance Threshold
                  specified for the MISER System On-line Availability, then
                  Customer shall be entitled to a credit on the Account
                  Processing Fees defined in Schedule C, Section 1.a for each
                  month in which said Substandard Performance Threshold is not
                  met based on the following table:

                                                                CREDIT ON THE
                                                              ACCOUNT PROCESSING
                                                                FEES FOR OPEN
               AGGREGATE ONLINE AVAILABILITY                   ACTIVE ACCOUNTS

         *  If Aggregate Online Availability is less                 1%
            than 99% and greater than or equal to 98%

         *  If Aggregate Online Availability is less                 3%
            than 98% and greater than or equal to 97%

         *  If Aggregate Online Availability is less                 5%
            than 97%

                  Additionally, if EDS fails to achieve 97% Aggregate Online
                  Availability during two months in any twelve (12) month
                  period, Customer shall be entitled to a ten percent (10%)
                  credit, in lieu of the five percent (5%) defined above, on the
                  Account Processing Fees for Open Active Accounts defined in
                  Schedule C, Section 1.a for the second month.

         (b)      If EDS fails to meet Substandard Performance Threshold
                  specified for the MISER System On-line Response Time, then
                  Customer shall be entitled to a credit on the Account
                  Processing Fees defined in Schedule C, Section 1.a for each
                  month in which said Substandard Performance Threshold is not
                  met based on the following table:

               ON-LINE SYSTEM RESPONSE TIME                CREDIT ON THE ACCOUNT
                                                            PROCESSING FEES FOR
                                                           OPEN ACTIVE ACCOUNTS

         *  If Online System Response Time is more than              1%
            2 seconds for 2% of the Total Monthly
            Monetary Transactions

         *  If Online System Response Time is more than              3%
            4 seconds for 2% of the Total Monthly
            Monetary Transactions

         *  If Online System Response Time is more than              5%
            8 seconds for 2% of the Total Monthly
            Monetary Transactions

                  Additionally, if Online System Response Time is more than 4
                  seconds for 2% of the Total Monthly Monetary Transactions
                  during two months in any twelve (12) month period, Customer
                  shall be entitled to a ten percent (10%) credit, in lieu of
                  the five percent (5%) credit defined above, on Account
                  Processing Fees for Open Active Accounts defined in Schedule
                  C, Section 1.a for the second month in which EDS fails to
                  achieve the Online System Response Time Performance Standard.

                                      F-2
<PAGE>

         (c)      If EDS fails to meet Substandard Performance Threshold
                  specified for MISER System Reporting and Output File
                  Availability, then Customer shall be entitled to a credit on
                  the Account Processing Fees defined in Schedule C, Section 1.a
                  for each subsequent month in which said Substandard
                  Performance Threshold is not met based on the following table:

               ON-LINE SYSTEM RESPONSE TIME                          CREDIT

         *  If more than 2% of the Reports and Output Files            1%
            are not available to Customer on time during a
            given month

         *  If more than 3% of the Reports and Output Files            3%
            are not available to Customer on time during
            a given month

         *  If more than 5% of the Reports and Output Files            5%
            are not available to Customer on time during a
            given month

                  Additionally, if more than 5% of the Reports and Output Files
                  are not available to Customer on time during two months in any
                  twelve (12) month period, Customer shall be entitled to a ten
                  percent (10%) credit, in lieu of the five percent (5%) credit
                  defined above, on Account Processing Fees for Open Active
                  Accounts defined in Schedule C, Section 1.a for the second
                  month in which EDS fails to achieve the Reporting and Output
                  File Availability Performance Standard.

3.   REPORTING: EDS agrees to provide to Customer, on a monthly basis, a report
     indicating EDS' actual performance against the Performance Standards
     identified in Schedule F, Sections 1.a, 1.c, and 1.d. Customer shall be
     responsible for notifying EDS of its failure to perform against the
     Performance Standards identified in Schedule F, Section 1.b. EDS reserves
     the right to audit Customer Performance Standard analysis pertaining to
     Schedule F, Section 1.b.

4.   TERMINATION: In the event EDS fails to meet the Critical Performance
     Threshold for the same Performance Standard for six (6) consecutive months,
     then Customer may, by giving the defaulting party at least sixty (6) days
     prior written notice thereof, terminate this Agreement as of a date
     specified in such notice.

5.   MISCELLANEOUS

     5.1  Performance Standard Credits shall be paid to Customer in the form of
          a of a credit against the amount payable by Customer to EDS under this
          Agreement for the next ensuing month's invoice for services rendered
          hereunder by EDS.

     5.2  A single event of failure which causes EDS to fail to meet more than
          one Performance Standard shall only reduce EDS' performance with
          respect to one Performance Standard. EDS and Customer will agree as to
          which Performance Standard will be affected by that single event.
          Under no circumstance shall the aggregate credit hereunder exceed ten
          percent (10%) of the total Account Processing Fees defined in Schedule
          C, Section 1.a in a given month.

     5.3  Measurement of EDS' actual performance under any Performance Standard
          shall exclude time attributable to events of pre-scheduled downtime.
          Pre-scheduled downtime shall include such things as regular preventive
          maintenance, servicing of hardware, hardware upgrades, and software
          upgrades. The times for pre-scheduled downtime shall be determined by
          EDS in advance of the event, provided, however, that EDS will use
          commercially reasonable efforts not to schedule any such pre-scheduled
          downtime during normal business hours.

                                      F-3
<PAGE>

     5.4  Notwithstanding anything to the contrary herein, EDS will not be held
          responsible for, and may exclude from the calculation of compliance
          with the Performance Standards, any failure to meet Performance
          Standards if, during, and to the extent that such failure is related
          to or caused by (a) regularly pre-scheduled downtime as described in
          Section 4.3 of this Schedule F, (b) any matter constituting force
          majeure, as provided in Section 8.3 of the Agreement, (c) Customer's
          or its third-party providers' failure to perform its obligations under
          the Agreement where such failure was the proximate cause of such
          failure, (d) special production jobs, testing procedures or other
          services which are given priority at the request of Customer, (e) any
          significant increase in processing volumes or significant change in
          the manner in which Customer conducts its business (in each case,
          during a reasonable transition period to be agreed upon by EDS and
          Customer in good faith), or (f) failure of the data communications
          carrier lines between Customer and the EDS' System.

     5.5  Customer acknowledges and agrees that the Performance Standard Credit
          provided for herein will be the sole and exclusive remedy available to
          Customer for EDS' failure to meet Performance Standards and Customer
          Shall not be entitled to any additional remedies.

     5.6  Customer and EDS agree that the purpose of the Performance Standards
          set forth herein are to induce EDS to achieve performance levels which
          are satisfactory to Customer and consistent with Customer's
          experience. In the event, however, that EDS does not meet the
          Performance Standards listed above, then Customer and EDS agree to
          review the actual performance and its impact on Customer. If, in the
          reasonable judgement of the parties, there is not significant adverse
          impact on Customer, and if the Performance Standard cannot be
          reasonably attained on a regular basis, then Customer and EDS agree to
          negotiate in good faith to arrive at a revised Performance Standard,
          or to waive the applicable credit pertaining to the particular
          Performance Standard. Further, EDS and Customer acknowledge that
          changing requirements may from time to time require modification of
          Performance Standards. Accordingly, EDS and Customer agree to review
          Performance Standards from time to time (but in no event less than
          annually) and shall negotiate in good faith to arrive at mutually
          agreeable revisions to the Performance Standards.

     5.7  Reports to be available by the daily report deadline are those
          produced by the MISER System critical path jobs as of the time of
          conversion. The critical path jobs include single executions of: NDFP,
          LNFP, NLFP, DLYEXP, DLYPRT, MSR900A, GLEXP, GLPRT, SVD090, SVM201,
          LNM259, LNM260, TFD091, LND200, and DATABASE DUMP. If Customer
          requests additional reports to be produced from these programs, or
          additional functions to be performed by these programs, the impact on
          the delivery schedule and the Performance Standards will be by mutual
          agreement of the parties.

                                      F-4
<PAGE>

                                   ADDENDUM 1

               AMENDMENTS TO THE AGREEMENT FOR TECHNOLOGY SERVICES

         WHEREAS, EDS, EIS (all references to EDS in this Addendum will be
deemed to include EIS) and Customer entered into the Agreement for Technology
Services ("Agreement") as of even date herewith.; and

         WHEREAS, the Agreement provides that it cannot be changed without the
written agreement of EDS and Customer; and

         WHEREAS, Customer has requested of EDS that EDS agree to certain
modifications to the Agreement as specified herein; and

         WHEREAS, EDS is agreeable to the following indicated modifications to
the Agreement, for the consideration hereinafter indicated.

         NOW THEREFORE, in and for the consideration hereinafter stated, and for
other good and valuable consideration, not herein recited but the sufficiency
and receipt of which are hereby acknowledged, EDS and Customer agree as follows:

1.       INCORPORATION WITHIN AGREEMENT. This Addendum to the Agreement for
         Technology Services shall be incorporated in the Agreement as if fully
         set forth therein and shall for all intents and purposes be and become
         a part of the Agreement.

2.       MODIFICATION OF PARAGRAPH 2.1. The second and third sentences of
         Paragraph 2.1 are modified to read as follows:

         "Unless either party gives the other party written notice of intent to
         terminate, at least six (6) months prior to the expiration date of the
         Initial Term, then this Agreement will automatically renew for an
         additional eighteen (18) months (the "Renewal Term"). Thereafter,
         unless either party gives the other party written notice of intent to
         terminate at least six (6) months prior to the expiration date of the
         Renewal Term, then this Agreement will automatically renew for an
         additional eighteen (18) months and continue until either party
         terminates this Agreement under the foregoing terms."

3.       MODIFICATION OF PARAGRAPH 3.1(B). Modify Paragraph 3.1(b) by deleting
         the phrase "AND EDS AGREES TO PROVIDE".

4.       MODIFICATION OF PARAGRAPH 3.2(b). Modify the first sentence of
         Paragraph 3.2(b) to read as follows: "PROVIDE ALL EQUIPMENT AT
         CUSTOMER'S EXPENSE, PLUS AN EDS MANAGEMENT FEE NOT TO EXCEED TEN
         PERCENT (10%) OF EDS' COST(S), INCLUDING RELATED SHIPPING,
         INSTALLATION, AND MAINTENANCE CHARGES, AND ADVISE CUSTOMER ON THE
         COMPATIBILITY OF ITS EQUIPMENT WITH THE EDS SYSTEMS."

5.       MODIFICATION OF PARAGRAPH 3.4. Modify the first sentence of Paragraph
         3.4 to read as follows: "EDS WILL USE COMMERCIALLY REASONABLE EFFORTS
         TO MAINTAIN THE EDS SYSTEMS SO THAT THEY WILL NOT BE DISAPPROVED BY ANY
         FEDERAL OR STATE REGULATORY AUTHORITY WITH JURISDICTION OVER CUSTOMER'S
         BUSINESS."

6.       MODIFICATION OF PARAGRAPH 3.4. The following is added to the end of
         Paragraph 3.4 to read as follows:

                                  Addendum 1-1
<PAGE>

         "BY ENTERING INTO THIS AGREEMENT, EDS AGREES THAT THE OFFICE OF THRIFT
         SUPERVISION ("OTS") WILL HAVE THE AUTHORITY AND RESPONSIBILITY PROVIDED
         TO THE OTHER REGULATORY AGENCIES PURSUANT TO THE BANK SERVICE
         CORPORATION ACT, 12 U.S.C. 1867(C) RELATING TO SERVICES PERFORMED BY
         CONTRACT OR OTHERWISE. EDS WILL, AT CUSTOMER'S EXPENSE, PROVIDE THE OTS
         DISTRICT DIRECTOR OF THE DISTRICT IN WHICH THE DATA CENTER IS LOCATED
         WITH ONE COPY OF (i) EDS' MOST RECENT INDEPENDENT DATA CENTER EDP AUDIT
         WHEN SUCH AN AUDIT HAS BEEN PERFORMED AND (ii) EDS' MOST RECENT AUDITED
         FINANCIAL STATEMENTS."

7.       REPLACEMENT OF PARAGRAPH 3.5. Paragraph 3.5 shall be deleted in its
         entirety and replaced with the following:

          "3.5    FINANCIAL STATEMENTS AND EDP AUDIT. EDS WILL PROVIDE AT NO
                  CHARGE ONE COPY OF EDS' MOST RECENT AUDITED FINANCIAL
                  STATEMENTS TO CUSTOMER. EDS WILL ALSO PROVIDE TO CUSTOMER ONE
                  COPY OF EDS' MOST RECENT INDEPENDENT DATA CENTER EDP AUDIT, IN
                  AN INDUSTRY ACCEPTABLE FORMAT, AT EDS' THEN STANDARD CHARGE
                  FOR SUCH COPY; PROVIDED, HOWEVER, THAT SUCH CHARGE WILL NOT
                  EXCEED $1,500 FOR ANY ONE COPY. EDS WILL ENGAGE AN INDEPENDENT
                  THIRD PARTY TO CONDUCT A DATA CENTER EDP AUDIT ON AN ANNUAL
                  BASIS."

8.       ADDITION OF PARAGRAPH 3.8. A new Paragraph 3.8 is hereby added to the
         Agreement and reads as follows:

         "3.8     PERFORMANCE STANDARDS: PERFORMANCE STANDARDS FOR THE SERVICES
                  ARE SET FORTH IN SCHEDULE F ("PERFORMANCE STANDARDS").
                  COMPLIANCE WITH PERFORMANCE STANDARDS WILL BE DETERMINED ON A
                  CALENDAR MONTH BASIS. IN ADDITION TO THE OTHER PROVISIONS OF
                  SCHEDULE F, IF EDS DOES NOT, DURING ANY CALENDAR MONTH, MEET
                  OR EXCEED ANY OF THE PERFORMANCE STANDARDS, THEN CUSTOMER AND
                  EDS WILL COOPERATE TO DETERMINE THE CAUSE THEREFOR AND THE
                  PARTY RESPONSIBLE FOR THE FAILURE TO MEET THE PERFORMANCE
                  STANDARDS. "

9.       REPLACEMENT OF PARAGRAPH 4.3. Paragraph 4.3 shall be deleted in its
         entirety and replaced with the following:

         "4.3     CORRECTION OF REPORTS AND OUTPUT. CUSTOMER WILL BALANCE
                  REPORTS TO VERIFY MASTER FILE INFORMATION AND WILL INSPECT AND
                  REVIEW ALL REPORTS AND OTHER OUTPUT (WHETHER PRINTED,
                  MICROFICHED OR ELECTRONICALLY TRANSMITTED) CREATED FROM DATA
                  PROVIDED BY CUSTOMER TO EDS. CUSTOMER WILL REJECT ALL
                  INCORRECT REPORTS OR OUTPUT (i) WITHIN FIVE (5) BUSINESS DAYS
                  AFTER RECEIPT OF DAILY REPORTS OR OUTPUT, (ii) WITHIN TEN (10)
                  BUSINESS DAYS AFTER RECEIPT OF MONTHLY REPORTS OR OUTPUT,
                  (iii) WITHIN THIRTY (30) BUSINESS DAYS AFTER RECEIPT OF ANNUAL
                  OR QUARTERLY REPORTS OR OUTPUT, (iv) WITHIN TEN (10) BUSINESS
                  DAYS AFTER RECEIPT OF ALL OTHER REPORTS OR OUTPUT AND (v)
                  WITHIN 10 BUSINESS DAYS AFTER RECEIPT OF NOTICE FROM CUSTOMERS
                  OF CUSTOMER, BUT IN NO EVENT TO EXCEED A TOTAL OF SIXTY (60)
                  DAYS FROM THE DATE SUCH REPORTS OR OUTPUT WERE MAILED, FOR ALL
                  MISER DEPOSIT AND LOAN MONTHLY STATEMENTS."

10.      MODIFICATION OF PARAGRAPH 4.6. Modify Paragraph 4.6 by adding the
         following at the end of the Paragraph: "NOTWITHSTANDING THE FOREGOING,
         EDS SHALL PROVIDE TO CUSTOMER, OR ITS CUSTOMER SYSTEMS PROVIDER, A
         MINIMUM OF THREE (3) MONTHS ADVANCE NOTICE OF ANY MATERIAL CHANGES TO
         EDS' SYSTEMS THAT MAY AFFECT COMPATIBILITY WITH CUSTOMER SYSTEM(S)."

11.      MODIFICATION OF PARAGRAPH 5.1(a). Modify Paragraph 5.1(a) by the
         addition of the phrase "PRORATED FOR PARTIAL MONTHS SERVICE" at the end
         of this paragraph.

12.      MODIFICATION OF PARAGRAPH 5.1(c). Modify Paragraph 5.1(c) by the
         addition of the phrase "PRORATED FOR PARTIAL MONTHS SERVICE" at the end
         of this paragraph.

13.      MODIFICATION OF PARAGRAPH 5.2(b). Modify the phrase "TRAVEL AND
         TRAVEL-RELATED EXPENSES" in the first sentence to read "REASONABLE
         TRAVEL AND TRAVEL-RELATED EXPENSES".

14.      MODIFICATION OF PARAGRAPH 5.3. Modify the first sentence of Paragraph
         5.3 to read as follows: "ALL CHARGES UNDER THIS AGREEMENT WILL BE DUE
         AND PAYABLE WITHIN THIRTY (30) DAYS OF INVOICE DATE."

                                  Addendum 1-2
<PAGE>

15.      MODIFICATION OF PARAGRAPH 6.5(e). Modify the first sentence of
         Paragraph 6.5(e) by the addition of the following fourth bullet: "(iv)
         ANY SIMILAR CONTINGENCY PLANNING REQUIREMENTS OF THE OFFICE OF THRIFT
         SUPERVISION."

16.      REPLACEMENT  OF  PARAGRAPH  7.2.  Paragraph  7.2 shall be deleted in
         its  entirety  and  replaced  with the following:

         "7.2     TERMINATION DUE TO ACQUISITION. IF (i) FIFTY PERCENT OR MORE
                  OF THE STOCK OR ASSETS OF CUSTOMER, OR CUSTOMER'S HOLDING
                  COMPANY, ARE ACQUIRED BY ANOTHER PERSON OR ENTITY, WHETHER BY
                  MERGER, REORGANIZATION, SALE, TRANSFER, OR OTHER SIMILAR
                  TRANSACTION, (ii) CUSTOMER IS NOT THE SURVIVING ENTITY, AND
                  (iii) CUSTOMER'S DATA WILL BE PROCESSED BY THE ACQUIRING
                  ENTITY OR ITS CURRENT VENDOR, THEN EDS AND CUSTOMER WILL
                  NEGOTIATE IN GOOD FAITH THE TERMS AND CONDITIONS UPON WHICH
                  THIS AGREEMENT MAY BE MODIFIED TO ACCOMMODATE SUCH
                  TRANSACTION. IF THE PARTIES ARE UNABLE TO AGREE UPON SUCH
                  MODIFICATION, EITHER PARTY MAY TERMINATE THIS AGREEMENT UPON
                  EITHER A MUTUALLY AGREEABLE DATE OR, IN THE EVENT THE PARTIES
                  ARE UNABLE TO AGREE ON SUCH DATE, THE LATER OF (i)
                  CONSUMMATION OF THE ACQUISITION OR (ii) A DATE BASED ON THE
                  FOLLOWING TABLE:

                         i.         TWELVE MONTHS FOLLOWING WRITTEN NOTICE FROM
                                    EITHER PARTY IF SUCH NOTICE IS PROVIDED IN
                                    MONTHS ONE THROUGH TWELVE (1-12) FOLLOWING
                                    THE OPERATIONAL DATE.

                         ii.        NINE (9) MONTHS FOLLOWING WRITTEN NOTICE
                                    FROM EITHER PARTY IF SUCH NOTICE IS PROVIDED
                                    IN MONTHS THIRTEEN THROUGH THIRTY-SIX
                                    (13-36) FOLLOWING THE OPERATIONAL DATE.

                         iii.       SIX (6) MONTHS FOLLOWING WRITTEN NOTICE FROM
                                    EITHER PARTY IF SUCH NOTICE IS PROVIDED IN
                                    MONTHS THIRTY-SEVEN THROUGH SIXTY (37-60)
                                    FOLLOWING THE OPERATIONAL DATE.

                  NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, IN
                  THE EVENT CUSTOMER IS ACQUIRED BY ANOTHER FINANCIAL
                  INSTITUTION WHICH IS A PRE-EXISTING, CONTRACTUAL CUSTOMER OF
                  EDS FOR THE PROVISION OF SUBSTANTIALLY THE SAME SERVICES AS
                  THOSE PROVIDED UNDER THIS AGREEMENT USING THE MISER OPERATING
                  SYSTEM, THEN CUSTOMER MAY TERMINATE THIS AGREEMENT PURSUANT TO
                  THIS SECTION 7.2 AND WILL PAY TO EDS THE AMOUNTS DESCRIBED IN
                  SECTION 7.7, AND NOT THOSE AMOUNTS DESCRIBED IN SECTION 7.6."

17.      REPLACEMENT  OF  PARAGRAPH  7.4.  Paragraph  7.4 shall be deleted in
         its  entirety  and  replaced  with the following:

         "7.4     TERMINATION FOR CAUSE., IF EITHER PARTY MATERIALLY OR
                  REPEATEDLY DEFAULTS IN ITS PERFORMANCE UNDER THIS AGREEMENT
                  (EXCEPT FOR (i) NON-PAYMENT OF AMOUNTS DUE TO EDS WHICH SHALL
                  BE GOVERNED BY THE PROVISIONS OF SECTION 7.3 AND (ii) EDS'
                  FAILURE TO MEET PERFORMANCE STANDARDS WHICH SHALL BE GOVERNED
                  BY THE PROVISIONS OF SCHEDULE F) AND FAILS TO EITHER
                  SUBSTANTIALLY CURE SUCH DEFAULT WITHIN NINETY DAYS AFTER
                  RECEIVING WRITTEN NOTICE SPECIFYING THE DEFAULT OR, FOR THOSE
                  DEFAULTS WHICH CANNOT REASONABLY BE CURED WITHIN NINETY DAYS,
                  PROMPTLY COMMENCE CURING SUCH DEFAULT AND THEREAFTER PROCEED
                  WITH ALL DUE DILIGENCE TO SUBSTANTIALLY CURE THE DEFAULT, THEN
                  THE PARTY NOT IN DEFAULT MAY, BY GIVING THE DEFAULTING PARTY
                  AT LEAST THIRTY DAYS PRIOR WRITTEN NOTICE THEREOF, TERMINATE
                  THIS AGREEMENT AS OF A DATE SPECIFIED IN SUCH NOTICE. THE
                  PARTIES AGREE THAT MATERIALLY OR REPEATEDLY INCORRECT REPORTS
                  OR OUTPUT PROVIDED BY EDS AND REJECTED BY CUSTOMER WITHIN THE
                  TIMEFRAMES SPECIFIED IN SECTION 4.3 SHALL BE SUBJECT TO THE
                  PROVISIONS OF THIS SECTION 7.4."

                                  Addendum 1-3
<PAGE>

18.      MODIFICATION  OF  PARAGRAPH  7.6(a).  The  following  is added to the
         end of  Paragraph  7.6(a)  to read as follows:

         "EDS WILL PERFORM ANY ADDITIONAL SERVICES REASONABLY REQUESTED BY
         CUSTOMER FOR DECONVERSION ASSISTANCE AT EDS' THEN STANDARD CHARGES;
         PROVIDED, HOWEVER, THAT IN THE EVENT EDS TERMINATES THIS AGREEMENT
         PURSUANT TO SECTIONS 7.3 OR 7.5, ALL SUCH CHARGES WILL BE PAID BY
         CUSTOMER ON A MONTHLY BASIS IN ADVANCE."

19.      REPLACEMENT OF PARAGRAPH 7.6 (b).  Paragraph  7.6(b) shall be deleted
         in its entirety and replaced with the following:

         "(b)     (i) IN THE EVENT OF TERMINATION OF THIS AGREEMENT PURSUANT TO
                  SECTION 7.3, 7.4, 7.5 OR 7.8 (BUT EXCLUDING BY ELECTION BY
                  EITHER PARTY NOT TO RENEW PURSUANT TO SECTION 2.1 OR
                  TERMINATION BY CUSTOMER PURSUANT TO SECTION 7.4 OR 9.5 OR
                  SECTION 4 OF SCHEDULE F) FIFTY PERCENT (50%) OF THE TOTAL
                  COMPENSATION WHICH WOULD HAVE BEEN PAID OR REIMBURSED TO EDS
                  UNDER THIS AGREEMENT DURING THE REMAINDER OF ITS TERM. THE
                  AMOUNT OF TOTAL COMPENSATION WILL BE COMPUTED BY MULTIPLYING
                  THE TOTAL NUMBER OF MONTHS REMAINING IN THE INITIAL TERM OR
                  THE RENEWAL TERM THEN IN EFFECT FROM THE EFFECTIVE DATE OF THE
                  TERMINATION BY THE MINIMUM CHARGE FOR BASIC SERVICES UNDER
                  THIS AGREEMENT DURING THE TWELVE CALENDAR MONTHS IMMEDIATELY
                  PRECEDING THE CALENDAR MONTH IN WHICH NOTICE OF TERMINATION
                  WAS GIVEN, AND MULTIPLYING THAT NUMBER BY FIFTY PERCENT (50%).
                  THIS IS EXPRESSED MATHEMATICALLY AS FOLLOWS:

                  (NUMBER  OF MONTHS REMAINING IN TERM) X (MINIMUM CHARGE FOR
                  BASIC SERVICES FOR THE TWELVE MONTHS PRECEDING NOTICE OF
                  TERMINATION) X 0.50

                  IF THIS AGREEMENT HAS BEEN IN EFFECT LESS THAN TWELVE CALENDAR
                  MONTHS PRIOR TO THE GIVING OF THE NOTICE OF TERMINATION, THEN
                  THE PARTIES WILL COMPUTE THE AMOUNT DUE UNDER THIS SUBSECTION
                  (b) USING THE MINIMUM CHARGE FOR BASIC SERVICES DURING THE
                  LESSER NUMBER OF CALENDAR MONTHS. IF TERMINATION OF THIS
                  AGREEMENT OCCURS PRIOR TO THE OPERATIONAL DATE, THEN THE
                  PARTIES WILL COMPUTE THE AMOUNT DUE UNDER THIS SUBSECTION (b)
                  ASSUMING THAT THE OPERATIONAL DATE HAD OCCURRED WHEN SCHEDULED
                  BY EDS AND USING THE MINIMUM CHARGE FOR BASIC SERVICE TO BE
                  PAID BY CUSTOMER AFTER THE OPERATIONAL DATE.

                  (ii) IN THE EVENT OF TERMINATION OF THIS AGREEMENT PURSUANT TO
                       SECTION 7.2, THE AMOUNT OF TOTAL COMPENSATION WILL BE
                       COMPUTED AS FOLLOWS:

                  i.   $300,000.00 IF WRITTEN NOTICE OF SUCH TERMINATION FROM
                       EITHER PARTY IS PROVIDED IN MONTHS ONE THROUGH TWELVE
                       (1-12) FOLLOWING THE OPERATIONAL DATE.

                  ii.  $200,000.00 IF WRITTEN NOTICE OF SUCH TERMINATION FROM
                       EITHER PARTY IS PROVIDED IN MONTHS THIRTEEN THROUGH
                       TWENTY-FOUR (13-24) FOLLOWING THE OPERATIONAL DATE.

                  iii. $150,000.00 IF WRITTEN NOTICE OF SUCH TERMINATION FROM
                       EITHER PARTY IS PROVIDED IN MONTHS TWENTY-FIVE THROUGH
                       THIRTY-SIX (25-36) FOLLOWING THE OPERATIONAL DATE. IV.
                       $75,000.00 IF WRITTEN NOTICE OF SUCH TERMINATION FROM
                       EITHER PARTY IS PROVIDED IN MONTHS THIRTY-SEVEN THROUGH
                       FORTY-EIGHT (37-48) FOLLOWING THE OPERATIONAL DATE.

                  v.   $50,000.00 IF WRITTEN NOTICE OF SUCH TERMINATION FROM
                       EITHER PARTY IS PROVIDED IN MONTHS FORTY-NINE THROUGH
                       SIXTY (49-60) FOLLOWING THE OPERATIONAL DATE.

                  (iii) AMOUNTS PAYABLE UNDER SECTION 7.6(B) SHALL BE PAID UPON
                  SUBMISSION OF THE APPLICABLE TERMINATION NOTICE. ALL OTHER
                  AMOUNTS UNDER THIS SECTION 7.6 WILL BE INVOICED AND PAID PRIOR
                  TO THE EFFECTIVE DATE OF SUCH TERMINATION AND PRIOR TO THE
                  RELEASE OF ANY TEST TAPES OR OTHER DATA OF CUSTOMER."

                                  Addendum 1-4
<PAGE>

20.      ADDITION OF PARAGRAPH7.8. A new Paragraph 7.8 is hereby added to the
         Agreement and reads as follows:

         "7.8     TERMINATION FOR CONVENIENCE. AT ANY TIME, FOR ANY REASON,
                  AFTER THE LAST DAY OF THE FIRST MONTH FOLLOWING THE MONTH IN
                  WHICH THE OPERATION DATE OCCURS AND AS LONG AS CUSTOMER IS NOT
                  THEN AND DOES NOT BECOME IN DEFAULT UNDER THIS AGREEMENT,
                  CUSTOMER MAY TERMINATE THIS AGREEMENT FOR CONVENIENCE AND
                  WITHOUT CAUSE BY GIVING EDS AT LEAST SIX (6) MONTHS' PRIOR
                  WRITTEN NOTICE DESIGNATING THE EFFECTIVE DATE OF TERMINATION
                  AS LONG AS CUSTOMER IS NOT THEN AND DOES NOT BECOME IN DEFAULT
                  UNDER THIS AGREEMENT PRIOR TO THE TERMINATION DATE AND PAYS TO
                  EDS, ON OR BEFORE THE TERMINATION DATE, ALL AMOUNTS SET FORTH
                  IN SECTION 7.6(a) AND SECTION 7.6(b)(i)."

21.      ADDITION OF PARAGRAPH 7.9. A new paragraph 7.9 is hereby added to the
         Agreement and reads as follows:

         "7.9     REGULATORY TERMINATION. IN THE EVENT THAT CONTROL OF CUSTOMER
                  IS ASSUMED BY THE OFFICE OF THRIFT SUPERVISION, THE FEDERAL
                  DEPOSIT INSURANCE CORPORATION, OR ANOTHER DULY AUTHORIZED
                  PUBLIC AUTHORITY, THEN EITHER PARTY MAY, BY GIVING PRIOR
                  NOTICE TO THE OTHER PARTY, TERMINATE THIS AGREEMENT AND THE
                  PAYMENT DUE UPON TERMINATION AS SET FORTH IN SECTION 7.6 SHALL
                  NOT INCLUDE THE AMOUNT DESCRIBED IN SECTION 7.6(b)(i)."

22.      REPLACEMENT OF PARAGRAPH 8.1. Paragraph 8.1 shall be deleted in its
         entirety and replaced with the following:

         "8.1     LIMITATION OF LIABILITY. IF EDS BECOMES LIABLE TO THE CUSTOMER
                  UNDER THIS AGREEMENT FOR ANY REASON (INCLUDING LIABILITY
                  ARISING FROM MATERIALLY OR REPEATEDLY INCORRECT REPORTS OR
                  OUTPUT PROVIDED BY EDS, WHETHER ARISING BY NEGLIGENCE OR
                  OTHERWISE, THEN (a) THE DAMAGES RECOVERABLE AGAINST EDS FOR
                  ALL EVENTS, ACTS, DELAYS, OR OMISSIONS WILL NOT EXCEED IN THE
                  AGGREGATE THE COMPENSATION PAYABLE TO EDS PURSUANT TO SECTION
                  5.1 OF THIS AGREEMENT FOR THE LESSER OF THE MONTHS THAT HAVE
                  ELAPSED SINCE THE OPERATIONAL DATE OR THE SIX (6) MONTHS
                  ENDING WITH THE LATEST MONTH IN WHICH OCCURRED THE EVENTS,
                  ACTS, DELAYS OR OMISSIONS FOR WHICH DAMAGES ARE CLAIMED, AND
                  (b) THE MEASURE OF DAMAGES WILL NOT INCLUDE ANY AMOUNTS FOR
                  INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES OF ANY PARTY,
                  INCLUDING THIRD PARTIES, . THE PARTIES AGREE THAT CUSTOMER HAS
                  A DUTY TO EXERCISE REASONABLE DILIGENCE, CONSISTENT WITH THE
                  CUSTOMS OF THE BANKING INDUSTRY, TO IDENTIFY AND CORRECT
                  READILY APPARENT ERRORS IN THE REPORTS AND OUTPUT PRODUCED BY
                  EDS BEFORE USING SUCH REPORTS AND OUTPUT, AND EDS SHALL HAVE
                  NO LIABILITY TO CUSTOMER FOR SUCH READILY APPARENT ERRORS IF
                  CUSTOMER, IN THE EXERCISE OF SUCH REASONABLE DILIGENCE, COULD
                  HAVE IDENTIFIED SUCH ERRORS WITHIN THE TIMEFRAMES SPECIFIED IN
                  SECTION 4.3. CUSTOMER MAY NOT ASSERT ANY CAUSE OF ACTION
                  AGAINST EDS OF WHICH CUSTOMER KNEW OR SHOULD HAVE KNOWN MORE
                  THAN TWO (2) YEARS PRIOR TO SUCH ASSERTION. IN CONNECTION WITH
                  THE CONDUCT OF ANY LITIGATION WITH THIRD PARTIES RELATING TO
                  ANY LIABILITY OF EDS TO CUSTOMER OR TO SUCH THIRD PARTIES, EDS
                  WILL HAVE ALL RIGHTS WHICH ARE APPROPRIATE TO ITS POTENTIAL
                  RESPONSIBILITIES OR LIABILITIES. EDS WILL HAVE THE RIGHT TO
                  PARTICIPATE IN ALL SUCH LITIGATION AND TO SETTLE OR COMPROMISE
                  ITS LIABILITY TO THIRD PARTIES."

                                  Addendum 1-5
<PAGE>

23.      REPLACEMENT OF PARAGRAPH 8.2. Paragraph 8.2 shall be deleted in its
         entirety and replaced with the following:

         "8.2     WARRANTY.

         (a)      PERFORMANCE. EDS REPRESENTS AND WARRANTS TO EXERCISE
                  REASONABLE CARE IN PERFORMING SERVICES AND THAT ALL SERVICES
                  WILL BE PERFORMED IN A PROFESSIONAL AND WORKMANLIKE MANNER.

         (b)      VIRUSES. EDS WILL USE COMMERCIALLY REASONABLE MEASURES TO
                  SCREEN ANY SOFTWARE PROVIDED OR MADE AVAILABLE BY IT TO THE
                  OTHER PARTY HEREUNDER FOR THE PURPOSE OF AVOIDING THE
                  INTRODUCTION OF ANY "VIRUS" OR OTHER COMPUTER SOFTWARE ROUTINE
                  OR HARDWARE COMPONENTS WHICH ARE DESIGNED (i) TO PERMIT ACCESS
                  OR USE BY THIRD PARTIES TO THE SOFTWARE OF THE OTHER PARTY NOT
                  AUTHORIZED BY THIS AGREEMENT, (ii) TO DISABLE OR DAMAGE
                  HARDWARE OR DAMAGE, ERASE OR DELAY ACCESS TO SOFTWARE OR DATA
                  OR (iii) TO PERFORM ANY OTHER SIMILAR ACTIONS.

         (c)      PASS-THROUGH WARRANTIES AND INDEMNITIES. EDS AGREES THAT IT
                  WILL PASS THROUGH TO CUSTOMER ANY RIGHTS IT OBTAINS UNDER
                  WARRANTIES AND INDEMNITIES GIVEN BY ITS THIRD PARTY
                  SUBCONTRACTORS OR SUPPLIERS IN CONNECTION WITH ANY SERVICES,
                  SOFTWARE, EQUIPMENT OR OTHER PRODUCTS PROVIDED BY EDS PURSUANT
                  TO THIS AGREEMENT TO THE EXTENT PERMITTED BY THE APPLICABLE
                  SUBCONTRACTORS OR SUPPLIERS. IN THE EVENT OF A THIRD PARTY
                  SOFTWARE OR EQUIPMENT NONCONFORMANCE, EDS WILL COORDINATE
                  WITH, AND BE THE POINT OF CONTACT FOR RESOLUTION OF THE
                  PROBLEM THROUGH, THE APPLICABLE VENDOR AND, UPON BECOMING
                  AWARE OF A PROBLEM, WILL NOTIFY SUCH VENDOR AND WILL USE
                  COMMERCIALLY REASONABLE EFFORTS TO CAUSE SUCH VENDOR TO
                  PROMPTLY REPAIR OR REPLACE THE NONCONFORMING ITEM IN
                  ACCORDANCE WITH SUCH VENDOR'S WARRANTY. IF ANY WARRANTIES OR
                  INDEMNITIES MAY NOT BE PASSED THROUGH, EDS AGREES THAT IT
                  WILL, UPON THE REQUEST OF CUSTOMER, TAKE REASONABLE ACTION TO
                  ENFORCE ANY APPLICABLE WARRANTY OR INDEMNITY WHICH IS
                  ENFORCEABLE BY EDS IN ITS OWN NAME. HOWEVER, EDS WILL HAVE NO
                  OBLIGATION TO RESORT TO LITIGATION OR OTHER FORMAL DISPUTE
                  RESOLUTION PROCEDURES TO ENFORCE ANY SUCH WARRANTY OR
                  INDEMNITY UNLESS EDS CHOOSES TO DO SO AND CUSTOMER AGREES TO
                  REIMBURSE EDS FOR ALL COSTS AND EXPENSES INCURRED IN
                  CONNECTION THEREWITH, INCLUDING REASONABLE ATTORNEYS' FEES AND
                  EXPENSES.

         (d)      DISCLAIMER OF WARRANTIES. EXCEPT AS OTHERWISE EXPRESSLY
                  PROVIDED IN THIS SECTION 8.2, EDS DISCLAIMS ALL OTHER
                  WARRANTIES, EXPRESS OR IMPLIED, IN FACT OR BY OPERATION OF LAW
                  OR OTHERWISE, CONTAINED IN OR DERIVED FROM THIS AGREEMENT, ANY
                  OF THE SCHEDULES ATTACHED HERETO, ANY OTHER DOCUMENTS
                  REFERENCED HEREIN, OR IN ANY OTHER MATERIALS, PRESENTATIONS OR
                  OTHER DOCUMENTS OR COMMUNICATIONS WHETHER ORAL OR WRITTEN,
                  INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES OF
                  MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE."

24.      MODIFICATION OF PARAGRAPH 8.3.  The second sentence of  Paragraph 8.3
         is amended to read as follows:

                                  Addendum 1-6
<PAGE>

         "SUCH NONPERFORMANCE WILL NOT BE A DEFAULT OR A GROUND FOR TERMINATION
         SO LONG AS (i) IT COULD NOT HAVE BEEN PREVENTED BY REASONABLE
         PRECAUTIONS AND (ii) REASONABLE MEANS ARE TAKEN TO EXPEDITIOUSLY REMEDY
         THE PROBLEM CAUSING SUCH NONPERFORMANCE. TO THE EXTENT THAT CONTINGENCY
         PLANNING SERVICES ARE INCLUDED IN THE SERVICES, THE FOREGOING WILL NOT
         LIMIT EDS' OBLIGATION TO PROVIDE SUCH SERVICES UNLESS THEY ALSO ARE
         AFFECTED BY THE FORCE MAJEURE EVENT."

25.      ADDITION OF PARAGRAPH 8.6. A new Paragraph 8.6 is hereby added to the
         Agreement and reads as follows:

         "8.6     PATENT INDEMNITY. EDS WILL INDEMNIFY, DEFEND, AND HOLD
                  HARMLESS CUSTOMER FROM ANY AND ALL CLAIMS, ACTIONS, DAMAGES,
                  LIABILITIES, COSTS AND EXPENSES (INCLUDING WITHOUT LIMITATION,
                  REASONABLE ATTORNEYS' FEES AND EXPENSES) ARISING OUT OF ANY
                  CLAIMS OF INFRINGEMENT BY EDS OF ANY U.S. LETTERS PATENT, ANY
                  TRADE SECRET, OR ANY COPYRIGHT, TRADEMARK, SERVICE MARK, TRADE
                  NAME OR SIMILAR PROPRIETARY RIGHTS CONFERRED BY COMMON LAW OR
                  BY ANY LAW OF THE UNITED STATES OR ANY STATE ALLEGED TO HAVE
                  OCCURRED BECAUSE OF SYSTEMS PROVIDED OR WORK PERFORMED BY EDS.
                  HOWEVER, THE INDEMNITY WILL NOT APPLY UNLESS CUSTOMER INFORMS
                  EDS AS SOON AS PRACTICABLE OF ANY CLAIM OR ACTION ALLEGING
                  SUCH INFRINGEMENT, AND HAS GIVEN EDS FULL OPPORTUNITY TO
                  CONTROL THE RESPONSE THERETO AND THE DEFENSE THEREOF,
                  INCLUDING, WITHOUT LIMITATION, ANY AGREEMENT RELATING TO
                  SETTLEMENT. EDS WILL NOT BE LIABLE TO CUSTOMER FOR CLAIMS OF
                  INDIRECT OR CONTRIBUTORY INFRINGEMENT."

26.      ADDITION OF PARAGRAPH 8.7. A new Paragraph 8.7 is hereby added to the
         Agreement and reads as follows:

         "8.7     ATTORNEYS' FEES. IF THERE IS AN ARBITRATION PROCEEDING
                  PURSUANT TO THE PROVISIONS OF SECTION 7.1, THE PREVAILING
                  PARTY SHALL BE ENTITLED TO RECOVER REASONABLE ATTORNEYS' FEES
                  AND OTHER COSTS INCURRED IN THAT ACTION OR PROCEEDING,
                  INCLUDING. IN ADDITION TO ANY OTHER RELIEF TO WHICH IT MAY BE
                  ENTITLED, RECOVERY OF ANY REASONABLE ATTORNEYS' FEES INCURRED
                  BY THE PREVAILING PARTY IF ANY LEGAL ACTION OR OTHER
                  PROCEEDING IS BROUGHT FOR THE ENFORCEMENT OF AN AWARD UNDER
                  SECTION 7.1."

27.      REPLACEMENT  OF  PARAGRAPH  9.3.  Paragraph  9.3 shall be deleted in
         its  entirety  and  replaced  with the following:

         "9.3     NOTICES. ANY NOTICE UNDER THIS AGREEMENT WILL BE DEEMED TO BE
                  GIVEN WHEN (i) DELIVERED BY HAND OR WHEN MAILED BY REGISTERED
                  UNITED STATES MAIL, RETURN RECEIPT REQUESTED, AND (ii)
                  ADDRESSED TO THE RECIPIENT PARTY AT ITS ADDRESS SET FORTH
                  BELOW:

                           IF TO CUSTOMER:

                                    FIDELITY FEDERAL BANK, FSB
                                    4565 COLORADO BLVD.
                                    LOS ANGELES, CALIFORNIA 90039
                                    ATTENTION:  PRESIDENT

                           WITH COPY TO:

                                    FIDELITY FEDERAL BANK, FSB
                                    4565 COLORADO BLVD.
                                    LOS ANGELES, CALIFORNIA 90039
                                    ATTENTION:  LEGAL DEPARTMENT;

                           IF TO EDS:

                                    EDS
                                    1901 SUMMIT TOWER BOULEVARD
                                    ORLANDO, FL 32810-5910
                                    ATTN: PRESIDENT, MISER DIVISION.

                                  Addendum 1-7
<PAGE>

                  EITHER PARTY MAY FROM TIME TO TIME CHANGE ITS ADDRESS FOR
                  NOTIFICATION PURPOSES, BY GIVING THE OTHER PRIOR WRITTEN
                  NOTICE OF THE NEW ADDRESS AND THE DATE UPON WHICH IT WILL
                  BECOME EFFECTIVE."

28.      MODIFICATION OF PARAGRAPH 9.9. Modify the phrase "STATE OF TEXAS" in
         the first sentence of Paragraph 9.9 to read "STATE OF DELAWARE".

29.      EFFECT OF ADDENDUM. Except for the foregoing described changes to the
         Agreement, the Agreement shall in all other respects remain in full
         force and effect, unchanged hereby. By execution of this Addendum
         Customer agrees to be bound by the terms of the Agreement in each and
         every respect with regard to the changes created in this Addendum as if
         this Addendum had been fully set forth in the Agreement. There shall be
         no change in the warranties, representations, liabilities, or
         obligations of EDS under the Agreement by virtue of this Addendum
         except as expressly set forth herein.

                                  Addendum 1-8
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have executed this Addendum in
manner and form sufficient to bind them on the day and year indicated after
their respective execution hereof.

Customer:                                    Accepted by:
FIDELITY FEDERAL BANK                        ELECTRONIC DATA SYSTEMS CORPORATION

By:  /S/ JAMES E. STUTZ                      By:  /S/ PAUL W. DUCKHAM
-----------------------------------          -----------------------------------
     Authorized Signature                         Authorized Signature

      JAMES E. STUTZ,                                PAUL W. DUCKHAM,
President and Chief Operating Officer           President, MISER Division
-----------------------------------          -----------------------------------
   Type or Print Name and Title                Type or Print Name and Title

      December 3, 1999                               December 9, 1999
-----------------------------------          -----------------------------------
            Date                                          Date

                                  Addendum 1-9Exhibit No. 10.6

                              AGREEMENT TO PURCHASE

                          ASSETS AND ASSUME LIABILITIES

                                 BY AND BETWEEN

                  FIDELITY FEDERAL BANK, A FEDERAL SAVINGS BANK

                                       AND

                        FIRST FEDERAL BANK OF CALIFORNIA

<PAGE>

                          AGREEMENT TO PURCHASE ASSETS
                             AND ASSUME LIABILITIES

         This Agreement to Purchase Assets and Assume Liabilities ("Agreement")
is made and entered into this 7th day of February, 2000 ("Signature Date"), by
and between FIRST FEDERAL BANK OF CALIFORNIA, a federally chartered savings bank
("Buyer"), and FIDELITY FEDERAL BANK, A FEDERAL SAVINGS BANK, a federally
chartered savings bank ("Fidelity" or Seller").

                                    RECITALS
                                    --------

         A. Buyer desires to acquire certain branches and branch assets and to
assume certain liabilities of the Branches (as defined below) which Seller is
authorized to operate, and Seller desires to transfer such assets and
liabilities of the Branches to Buyer.

         B. Buyer and Seller propose to apply to the appropriate regulatory
authorities for permission to effect the purchase and sale of the Branches and
for such other requisite approvals as may be necessary for the consummation of
the transactions contemplated by this Agreement.

         C. Buyer and Seller wish to consummate the transaction contemplated by
this Agreement in a timely and efficient manner.

                                    AGREEMENT
                                    ---------

         In consideration of the foregoing and the representations, covenants
and agreements set forth in this Agreement, and subject to the conditions set
forth herein, Buyer and Seller (the "Parties") hereto agree as follows:

                                    ARTICLE I

                                   DEFINITIONS
                                   -----------

         1.1 DEFINITIONS. As used in this Agreement, the following terms have
the definitions indicated:

         "ACCOUNT LOANS" shall mean (i) all savings account loans secured by
Deposits and (ii) all checking account lines of credit or overdraft checking
loan balances related to the Deposits, which are listed on the books and records
of the Branches.

         "ACCRUED INTEREST" means interest on Account Loans and Deposits which
is accrued but unpaid or unposted (as the case may be) through the applicable
date.

         "ACH ITEMS" means automated clearing house debits and credits,
including, but not limited to, social security payments, federal recurring
payments, and other payments debited and/or credited on a regularly scheduled
basis to or from Deposit accounts pursuant to arrangements between the owner of
the account and a third party directly making the credits or debits.

<PAGE>

         "AFFILIATE" of a party means any person, partnership, corporation,
association or other legal entity directly or indirectly controlling, controlled
by or under common control with that party.

         "ASSETS" means the Account Loans, Real Estate, Fixed Assets, Safe
Deposit Boxes, Security Deposits, Cash on Hand and Records at the Branches.

         "ASSIGNMENT AND ASSUMPTION AGREEMENT" shall have the meaning set forth
in Section 2.1(a).

         "ATMs" means the automated teller machines located on the premises of
the Branches and includes the security systems associated therewith.

         "BRANCHES" means the branch offices of Seller identified on Schedule
1.1 hereto.

         "BRANCH LEASES" means the leases as listed on Schedule 1.1 and more
particularly described therein.

         "BUSINESS DAY" means any Monday, Tuesday, Wednesday, Thursday, or
Friday that is not a federal or state holiday generally recognized by banks or
savings associations in the state of California.

         "CASH ON HAND" means all cash in the vault and in the teller drawers at
the Branches.

         "CLOSING" AND "CLOSING DATE" shall have the meanings set forth in
Section 4.1.

         "CLOSING PAYMENT" shall have the meaning set forth in Section 4.2.

         "DEPOSIT" means any deposit as defined in Section 3(l)(1) of the
Federal Deposit Insurance Act ("FDIA"), as amended, 12 U.S.C. Section
1813(l)(1), maintained at the Branches including, without limitation, the
aggregate balances of all savings accounts with positive balances domiciled at
the Branches, Keogh accounts, "NOW" accounts, other demand instruments,
Retirement Accounts, and all other accounts and deposits, together with Accrued
Interest thereon, if any; provided, that the term "Deposit" shall not include
all or any portion of those balances that are deemed to be (i) accounts subject
to escheatment, (ii) accounts of directors or senior officers of Seller or (iii)
brokered deposits as defined in 12 U.S.C. Section 1831f.

         "DEPOSIT PREMIUM AMOUNT" means ________________________.

         "EMPLOYEES" means all full- and part-time employees at the Branches at
any time from the Signature Date through the Closing.

         "ENCUMBRANCES" means any and all mortgages, claims, charges, liens,
encumbrances, easements, restrictions, options, pledges, calls, commitments,
security interests, conditional sales agreements, title retention agreements,
leases and other restrictions of any kind whatsoever.

         "ENVIRONMENTAL LAWS" means any federal, state, county or local law or
regulation relating to the environment or any Hazardous Substance.

                                       2
<PAGE>

         "ERISA" means the Employee Retirement Income Security Act of 1974, as
amended.

         "FAIR MARKET VALUE" shall mean the aggregate fair market value of the
Real Estate as determined in accordance with Section 3.1.

         "FDIC" means the Federal Deposit Insurance Corporation or any successor
thereto.

         "FIXED ASSETS" includes all furniture, fixtures, equipment, Leasehold
Improvements and all other tangible personal property owned or leased by Seller
(except for such property leased by Seller pursuant to bank-wide contracts or
leases), including without limitation ATMs, located at the Branches, excluding,
however: (i) the Cisco routers and Bay Networks hub 150s currently maintained at
the Branches, and (ii) all computers and printers located at the Branches.

         "INITIAL APPRAISER" shall have the meaning set forth in Section 3.1.

         "HAZARDOUS SUBSTANCES" means chemicals, pollutants, contaminants,
wastes and substances, in each case, that have been defined as toxic or
hazardous by any environmental agency having jurisdiction over the Branches,
including petroleum, petroleum products, asbestos and polychlorinated biphenyls.

         "LANDLORDS" means the landlords with respect to the Branches.

         "LEASEHOLD IMPROVEMENTS" means property or an article which has been
attached to or affixed to any of the Branches to facilitate the trade or
business for which the Seller occupies the premises, including, but not limited
to, teller lines, floor and wall coverings, vault doors and light fixtures, all
to the extent owned by Seller.

         "LIABILITIES" means all liabilities being assumed by Buyer under
Section 2.3.

         "NEGATIVE BALANCE DEPOSIT" means any Deposit which, as of the
applicable date, has a balance of less than zero.

         "NET BOOK VALUE" means the net book value of an asset determined in
accordance with generally accepted accounting principles consistently applied
and as reflected in the books and records of Seller.

         "OTS" means the Office of Thrift Supervision or any successor thereto.

         "PARTY" means Buyer or Seller, and "Parties" means both Buyer and
Seller.

         "PREPAYMENTS" means any expense payments paid in advance by Seller for
which the Closing Date is before the end of the period for which the expense
payment was made including, but not limited to, payments made for utilities, and
real property taxes and assessments.

         "REAL ESTATE" means the Seller's interest as tenant relating to the
Branches.

          "RECORDS" means: (i) all open records and original documents,
excluding Seller's counterparts of this Agreement and the documents related
thereto, located at the Branches or in centralized servicing areas pertaining to
the Account Loans and Deposits which are reasonably required for the Buyer to
conduct business and comply in all material respects, with all applicable laws,

                                       3
<PAGE>

regulations, rules and business practices with respect to the Account Loans and
Deposits acquired from Seller pursuant to this Agreement; (ii) all available
account history of all accounts related to Deposits for a period including at
least the current year; (iii) signature cards, legal files, Safe Deposit Box
files, pending files, Account Loan agreements, Retirement Account agreements and
computer records and (iv) all documents relating to the Real Estate in the
possession of Seller; provided that Records in electronic form are limited to
the current year. Records shall not include personnel records for Employees at
the Branches or confidential and privileged documents maintained in the Seller's
legal department not otherwise required under this Agreement.

         "RETIREMENT ACCOUNTS" means individual retirement accounts at the
Branches, including SEP individual retirement accounts or qualified plans.

         "RETURNED ITEMS" shall have the meaning set forth in Section 13.4.

         "SAFE DEPOSIT BOXES" shall mean all of the safe deposit boxes domiciled
at the Branches, along with the "nests" associated with those boxes and all keys
and combinations thereto.

         "SECURITY DEPOSITS" means all security deposits related to the Branches
and held by the Landlords as of the Closing Date.

         "SELLER'S KNOWLEDGE" or any phrase of similar import with respect to
the Real Estate shall be as defined in the Assignment and Assumption Agreement
and with respect to all other matters shall be limited to the actual knowledge
of the executive officers of Seller, after reasonable inquiry of the officers of
Seller having responsibility for the subject matter in question.

         "SIGNATURE DATE" means the date set forth as such in the first
paragraph of this Agreement.

         "THIRD APPRAISER" shall have the meaning set forth in Section 3.1.

         "WITHHOLDING OBLIGATIONS" shall have the meaning set forth in Section
13.12.

                                   ARTICLE II

                        TERMS OF PURCHASE AND ASSUMPTION
                        --------------------------------

         2.1 PURCHASE AND SALE OF ASSETS.

                  (a) ASSETS. At the Closing and subject to the terms and
conditions set forth in this Agreement, Seller shall convey, assign and transfer
to Buyer and Buyer shall purchase from Seller all of Seller's right, title and
interest in and to the Assets. In furtherance of, and not in limitation of, the
foregoing, concurrently with execution of this Agreement, Buyer and Seller shall
enter into an assignment and assumption agreement with respect to the Real
Estate in substantially the form attached hereto as Exhibit A ("Assignment and
Assumption Agreement"), and such Assignment and Assumption Agreement shall
provide for deposit of funds upon the execution thereof and for the sale or
transfer of the Real Estate, as appropriate, at the Closing. In the event of any
conflict between this Agreement and the applicable Assignment and Assumption

                                       4
<PAGE>

Agreement as to any matter relating to the Real Estate or the sale or transfer
thereof, the terms of the Assignment and Assumption Agreement shall be
controlling.

                  (b) ASSOCIATION NAME AND LOGO. Seller is not selling,
assigning, conveying, transferring or delivering, nor shall Buyer acquire any
rights or interest in or to (i) the names of Seller, or any combination or
derivation thereof, or (ii) any logos, service marks or trademarks of Seller or
any advertising materials or slogans or any similar items used before, on or
after the Closing Date by Seller in connection with its business.

                  (c) INVESTMENT PRODUCTS. Seller is not assigning, conveying,
transferring or delivering, nor shall Buyer acquire any rights or interest in or
to the right to service and administer nondeposit investment products currently
administered by Gateway Investment Services, Inc.

         2.2 PURCHASE PRICE. In consideration for the Assets acquired by it
under this Agreement, Buyer shall assume at the Closing the liabilities of
Seller as set forth in Section 2.3, and shall pay to Seller at the Closing an
amount which is the sum of the following:

                  (a) The Net Book Value of the Fixed Assets as of the Closing
Date; plus

                  (b) The Net Book Value of the Safe Deposit Boxes as of the
month end immediately prior to the Closing Date; plus

                  (c) The Net Book Value plus Accrued Interest on the Account
Loans as of the Closing Date; plus

                  (d) A sum equal to the Cash on Hand as of the Closing Date;
plus

                  (e) The Fair Market Value of the Real Estate, the Security
Deposits and any prorations due from Buyer under the Assignment and Assumption
Agreement.

         2.3 ASSUMPTION OF LIABILITIES.

                  (a) DEPOSITS. On the Closing Date, subject to the terms and
conditions set forth in this Agreement, Buyer shall (i) assume the liabilities
related to the Deposits as of the Closing Date in accordance with the terms of
such Deposits in effect on the Closing Date; (ii) assume Seller's obligation to
its Deposit customers accruing after the Closing Date in accordance with the
terms of such Deposits in effect on the Closing Date and (iii) be responsible
for modifying the terms of such customer relationships effective as of the
Closing Date as necessary to conform to Buyer's practices.

                  (b) RELATED ASSETS AND OBLIGATIONS. On the Closing Date, Buyer
will assume the obligations of Seller to provide all services incidental to the
Deposits including, but not limited to, providing Safe Deposit Boxes, as may be
modified to conform to Buyer's practice.

                  (c) REIMBURSEMENT FOR DEPOSITS. On the Closing Date, Seller
shall reimburse Buyer for the assumption by Buyer of the liabilities and
obligations relating to the Deposits an amount equal to (i) 100% of the
aggregate amount of the Deposits assumed by Buyer pursuant to Section 2.3(a)
above less (ii) the product of the Deposit Premium Amount and the aggregate
amount of Deposits on the Closing Date. All or substantially all of such
reimbursement shall be effected by means of Buyer's crediting to Seller the
Purchase Price under the Mortgage Loan Purchase Agreement. The parties agree

                                       5
<PAGE>

that the premium reflected in the Deposit Premium Amount is attributable to
favorable interest rates on the Deposits acquired. Buyer and Seller agree that
the allocation of the Purchase Price will be made based on the relative fair
market value of the Assets acquired, as required by Section 1060 of the Internal
Revenue Code of 1986, as amended, and agree to utilize such allocation for
federal income tax purposes. Such allocation will be consistently reflected by
each Party on their federal income tax returns and similar documents, including
but not limited to Internal Revenue Service Form 8594. Neither Party shall file
any document or assert any position that conflicts or is inconsistent with such
allocation, and each Party agrees to inform the other promptly upon receipt of
any communication from (or forwarding any communication to) the Internal Revenue
Service relating to Form 8594. Each Party shall cooperate fully with the other
in filing Form 8594. Buyer shall prepare the Form 8594 and shall promptly submit
it to Seller for approval and to facilitate the consistent filing of such form
by Seller and Buyer.

                  (d) PRORATIONS. The pro rata amount of SAIF premiums
attributable to the Deposits, and paid in advance by Seller, shall be credited
to Seller at the Closing. Additionally, the pro rata amount of any Prepayments
shall be credited to Seller at the Closing.

                  (e) NO OTHER DEBT, OBLIGATIONS OR LIABILITIES ASSUMED. It is
understood and agreed that, except as expressly set forth in this Agreement and
the Assignment and Assumption Agreement, Buyer shall not assume or be liable for
any of the debts, obligations or liabilities of Seller of any kind or nature
whatsoever including, but not limited to, any tax or debt, any insurance
premium, any liability for unfair labor practices (such as wrongful termination
or employment discrimination) or under the WARN Act, any liability or obligation
of Seller arising out of any threatened or pending litigation, or any liability
or obligation under Seller's employee benefit plans, including medical
insurance, vacation, pension, profit sharing or stock purchase plans, or any
liability of Seller with respect to personal injury or property damage claims
arising prior to the Closing.

                                  ARTICLE III

                 INSPECTION OF ASSETS AND REAL ESTATE VALUATION

         3.1 VALUATION OF REAL ESTATE. Buyer has appointed Jon Hagan, and Seller
shall within two Business Days after the Signature Date appoint an appraiser,
each of whom is or will be either a California-certified or an MAI-certified
real estate appraiser, to act as initial appraisers in determining the fair
market value of Seller's leasehold interest in each parcel of Real Estate (the
"Initial Appraisers"). Each Initial Appraiser shall conduct an evaluation of
Seller's interest in each parcel of Real Estate and shall render his or her
written evaluation of the fair market value of such interest on or before the
21st calendar day after the Signature Date. In the event the higher of such
written opinions of fair market value, with respect to any parcel of Real Estate
is equal or less than of 115% of the lower, the two evaluations shall be added
together and divided by two and the resulting value shall be deemed to be the
fair market value of Seller's interest in such parcel of Real Estate. In the
event the higher of such written evaluations of fair market value is greater
than 115% of the lower, the Parties shall attempt to agree upon a fair market
value for Seller's interest in each parcel of Real Estate. If the Parties are
unable to agree upon the fair market value for any such interest within two
Business Days, the Initial Appraisers shall, on or before the 30th calendar day
after the Signature Date, jointly select a third independent MAI-certified
appraiser (the "Third Appraiser"), who shall conduct an evaluation of Seller's
interest in such parcel of Real Estate and render his or her determination as to
fair market value on or before the 60th calendar day after the Signature Date

                                       6
<PAGE>

and whose determination in writing as to fair market value shall be final so
long as it is within the range of values determined by the Initial Appraisers.
In the event the determination of value of such interest by the Third Appraiser
is outside the range of values determined by the Initial Appraisers, the fair
market value determined by the Initial Appraiser whose evaluation is closer to
the value determined by the Third Appraiser shall be the fair market value of
such interest.

         3.2 DUE DILIGENCE REVIEW, INVENTORY AND INSPECTION.

         (a) Buyer shall be entitled to conduct due diligence as to the Real
Estate in accordance with the Assignment and Assumption Agreement.

         (b) Attached hereto as Schedule 3.2(b) is a complete schedule of the
Fixed Assets and Account Loans, which schedule (i) identifies each item of Fixed
Assets with reasonable particularity, giving the Net Book Value of such item on
Seller's books and describing any Encumbrance thereon and (ii) identifies each
such Account Loan. Buyer and its agents and representatives shall be entitled to
conduct one or more walk through inspections of the Branches within the fifteen
(15) day period after the Signature Date. In the event that any of the Fixed
Assets as reported on the schedule is missing, malfunctioning or in a
significantly deteriorated condition (not including deterioration due to normal
wear and tear which does not render the asset nonusable), Buyer may elect to
exclude such property from the transfer under this Agreement, except for any
such property which is permanently affixed to the Real Estate. In the event that
Buyer shall not have objected in writing to the condition of the Branches by the
end of such fifteen-day period, Buyer shall be deemed to have accepted the
Branches. Such objection shall be exercised in good faith and shall be based, if
made, upon a material defect in the condition of the Branches. At the Closing,
Seller shall deliver to Buyer an updated schedule of Fixed Assets (exclusive of
any property excluded from the Fixed Assets pursuant to this Section 3.2) which
schedule Seller represents and warrants will be an accurate schedule of the
Fixed Assets of the Branches as of the Closing Date.

         3.3 OTHER DOCUMENTS.

         Schedule 3.3 consists of true and correct copies of the following
documents relating to the Branches:

                  (1) copies of any and all current leases, service and
maintenance contracts or other contracts or agreements including equipment
warranty agreements relating to the Branches or the Fixed Assets to which Seller
is a party, or by which the Branches or Fixed Assets are bound;

                  (2) copies of all written notices in Seller's possession
regarding the Branches, or the Assets or the Deposits, with respect to violation
of any statutes, rules or regulations of government agencies or violation of any
easements, covenants, conditions or restrictions affecting the Assets, the
Deposits or the real property; and

                  (3) a list of all Deposits which are subject to any
Encumbrances.

                                       7
<PAGE>

                                   ARTICLE IV

                                     CLOSING
                                     -------

         4.1 CLOSING. The closing of the transactions contemplated by this
Agreement ("Closing") shall take place on March 24, 2000, or at such earlier or
later time and date as the Parties may fix in writing, at such location agreed
to by the parties, if all conditions set forth in Article 10 have been satisfied
or waived in writing on or before such date. The date the Closing is to be held
is referred to herein as the "Closing Date". The Closing shall be deemed to
occur at 11:59 P.M. Pacific Time on the Closing Date.

         4.2 SETTLEMENT. The net amount of cash or other consideration to be
paid to Buyer by Seller pursuant to Section 2.3(c) less the amount owed Seller
by Buyer pursuant to Section 2.2 shall be netted with the amount due the
appropriate party under Section 2.3(d) to determine the closing payment due
Buyer from Seller as of the Closing (the "Closing Payment"). Because the parties
acknowledge that certain amounts to be paid may not be finally determinable
until after the Closing Date, the Closing Payment will be paid as follows:

                  (a) On the Closing Date, Seller will pay to Buyer by wire
transfer of immediately available funds no later than 12:00 noon on the Closing
Date to an account designated by Buyer, the Closing Payment (such Closing
Payment to be estimated based on account balances as of the close of business on
the third Business Day immediately prior to the Closing Date); and

                  (b) On the first Business Day after the Closing, Seller shall
provide Buyer with a closing settlement statement of the Closing Payment
calculated pursuant to this Section 4.2 to accurately reflect the Deposits, Net
Book Value for each Fixed Asset, the balance plus Accrued Interest of the
Account Loans and Cash on Hand, (and any prorations not reflected in the payment
made in the Closing Payment) all as of the Closing Date relating to the
Branches. Buyer or Seller, as appropriate, shall, on such date, pay to the other
party any amount payable (based upon the difference between the Closing Payment
calculated pursuant to subparagraph (a) above and calculated pursuant to this
subparagraph) by wire transfer in immediately available funds to an account
designated by the receiving party together with interest from the Closing Date
to the date of payment in full at the overnight Federal Funds rate in effect for
each such day, as published in the Wall Street Journal; provided, however, that
if such payment is made after three (3) Business Days from the first Business
Day after the Closing, then such amount shall bear interest calculated at the
average weighted cost of the Deposits transferred to Buyer pursuant to this
Agreement.

         Unless otherwise specified in this Agreement, any amounts required to
be paid pursuant hereto which are not paid when required to be paid shall bear
interest from the due date until paid in full at the overnight Federal Funds
rate in effect for each day, as published in the Wall Street Journal (it being
understood that on days on which the Wall Street Journal is not published
interest shall accrue at the overnight Federal Funds rate in effect on the most
recent day on which the Wall Street Journal was published); provided, however,
that if such payment is made after three (3) Business Days from the due date,
then such amount shall bear interest calculated at the average weighted cost of
the Deposits transferred to Buyer pursuant to this Agreement. Any payment
pursuant to this Agreement sent after 12:00 noon shall be deemed to have been
made on the next Business Day. All references to hours of the day in this
Agreement shall be references to California time.

                                       8
<PAGE>

                  4.3 POST-CLOSING ADJUSTMENTS. Except as otherwise expressly
provided in this Agreement, the Parties shall cooperate in the prompt
determination of adjustments, payments or reimbursements contemplated hereby in
connection with the Closing and within forty-five (45) days after the Closing
shall settle such amounts in a manner consistent with the express terms of this
Agreement.

                  4.4 DELIVERIES AT CLOSING. At the Closing, Seller shall
deliver to Buyer the documents as set forth in Section 10.1(e), and Buyer shall
deliver to Seller the documents as set forth in Section 10.2(e).

                                   ARTICLE V

                     REPRESENTATIONS AND WARRANTIES OF BUYER
                     ---------------------------------------

         Buyer represents and warrants to Seller the following:

         5.1 ORGANIZATION. Buyer is a federally chartered savings bank, duly
organized, validly existing and in good standing under the laws of the United
States of America.

         5.2 AUTHORITY. Buyer has the corporate power and authority to execute,
deliver and perform this Agreement and has secured all necessary corporate
consents and approvals in connection with the execution of this Agreement and
the consummation of the transactions contemplated hereby, subject to obtaining
regulatory approval. Upon execution and delivery, this Agreement will constitute
a valid and binding obligation of Buyer enforceable against it in accordance
with its terms, subject to applicable bankruptcy, insolvency, receivership, and
similar laws affecting creditors' rights generally and laws relating to the
rights of creditors of federally insured financial institutions, and, as to
enforceability, to general principles of equity (whether enforcement is sought
in a proceeding in equity or at law).

         5.3 COMPLIANCE WITH OTHER INSTRUMENTS AND LAW. Buyer holds all
licenses, franchises, permits and authorizations necessary for the lawful
conduct of its business, and has not materially violated, and is not in material
violation of, any applicable statutes, laws, ordinances, rules and regulations
of all federal, state and local governmental bodies, agencies and subdivisions
having, asserting or claiming jurisdiction over it, where such violation would
have a material adverse effect upon its ability to enter into and perform its
obligations under this Agreement.

         5.4 NO BREACH. The execution, delivery and performance of this
Agreement by Buyer and the consummation of the transaction contemplated hereby
will not violate or cause a breach of or constitute a default under any
judgment, injunction, order, decree, material agreement or material instrument
binding upon Buyer. The execution, delivery and performance of this Agreement by
Buyer and the consummation of the transactions contemplated hereby will not
violate its charter or by-laws or, upon receipt of all required regulatory
approvals, any law or regulation applicable to it.

         5.5 LITIGATION. There is no action, suit or proceeding pending against
Buyer or to Buyer's knowledge threatened against or affecting Buyer before any
court or arbitrator or any governmental body, agency or official which could
materially adversely affect the ability of Buyer to perform its obligations
under this Agreement.

                                       9
<PAGE>

         5.6 GOVERNMENTAL NOTICES. Buyer has no reason to believe that any
federal, state or other governmental agency having jurisdiction to approve or
consent to the transaction would oppose or not grant or issue its consent or
approval, if required, with respect to the transactions contemplated hereby.

         5.7 REGULATORY APPROVALS. The information furnished or to be furnished
by Buyer pursuant to Section 8.1 of this Agreement for the purpose of filing any
regulatory application and/or notice is or will be true and complete in all
material respects as of the date so furnished.

         5.8 CONSENTS. Other than the approval of the OTS, no consent, approval
or authorization of any governmental authority or agency is required for the
execution, delivery and performance by Buyer of this Agreement and the
consummation by it of any transactions contemplated hereby.

                                   ARTICLE VI

                    REPRESENTATIONS AND WARRANTIES OF SELLER
                    ----------------------------------------

         Seller represents and warrants to Buyer the following:

         6.1 ORGANIZATION. Seller is a federally chartered savings bank duly
organized, validly existing and in good standing under the laws of the United
States of America.

         6.2 AUTHORITY. Seller has the corporate power and authority to execute,
deliver and perform this Agreement and has secured all necessary corporate
consents and approvals in connection with the execution of this Agreement and
the consummation of the transactions contemplated hereby subject to obtaining
regulatory approval and necessary Landlord consents. Upon execution and
delivery, this Agreement will constitute a valid and binding obligation of
Seller enforceable against it in accordance with its terms, subject to
applicable bankruptcy, insolvency, receivership, and similar laws affecting
creditors' rights generally, and the rights of creditors of federally insured
financial institutions, and to general principles of equity (whether enforcement
is sought in a proceeding in equity or at law). The Deposits are insured by the
FDIC up to the current applicable maximum limits and Seller has received no
written notice of any action pending or threatened by the FDIC with respect to
termination of such insurance.

         6.3 COMPLIANCE WITH OTHER INSTRUMENTS AND LAW. Seller holds all
licenses, franchises, permits and authorizations necessary for the lawful
conduct of its business, and has not materially violated, and is not in material
violation of, any applicable statutes, laws, ordinances, rules and regulations
of all federal, state and local governmental bodies, agencies and subdivisions
having, asserting or claiming jurisdiction over it where such violation would
have a material adverse effect upon its ability to enter into and perform its
obligations under this Agreement.

         6.4 NO BREACH. Subject to receipt of Landlord consents, the execution,
delivery and performance of this Agreement by Seller and the consummation of the
transaction contemplated hereby will not violate or cause a breach of or
constitute a default under any judgment, injunction, order, decree, material
agreement or material instrument binding upon Seller. The execution and
performance of this Agreement by Seller and the consummation of the transactions

                                       10
<PAGE>

contemplated hereby will not violate its charter or by-laws or, upon receipt of
all required regulatory approvals, any law or regulation applicable to it.

         6.5 LITIGATION. There is no action, suit or proceeding pending against
Seller or to Seller's Knowledge threatened against or affecting Seller, before
any court or arbitrator or any governmental body, agency or official which could
materially adversely affect the aggregate value of the Deposits or the Assets,
or the ability of Seller to perform its obligations under this Agreement.

         6.6 TITLE TO ASSETS. With respect to Assets other than Real Estate,
Seller is the lawful owner of and has good and marketable title to the Assets,
free and clear of all Encumbrances.1 Delivery to Buyer of the instruments of
transfer of ownership contemplated by this Agreement will vest in Buyer all
right, title and interest of the Seller in and to the Assets.

         6.7 TIN CERTIFICATION. Seller has complied in all material respects
with all applicable tax laws relating to obtaining and, if appropriate,
correcting taxpayer identification numbers ("TINs"), including the use of due
diligence and/or reasonable cause as defined for purposes of the Internal
Revenue Code, relating to TIN compliance with respect to holders of the
Deposits. Seller has received no notice of any pending or proposed penalties for
TIN noncompliance in connection with the Accounts.

         6.8 ACCOUNT LOAN ENFORCEABILITY. All Account Loans transferred to Buyer
pursuant to the terms of this Agreement are valid and enforceable subject to
applicable bankruptcy, insolvency, receivership, and similar laws affecting
creditors' rights generally, and, as to enforceability, to general principles of
equity (whether enforcement is sought in a proceeding in equity or at law).

         6.9 SAFE DEPOSIT BOXES. The Safe Deposit Boxes do not hold contents
subject to escheatment as of the Closing Date.

         6.10 INSURANCE. All insurance policies maintained by Seller and
applicable to the Branches are in full force and effect as described on Schedule
6.10.

         6.11 TAXES. All payroll, withholding, property, excise, sales, use and
transfer taxes imposed by the United States or by any state, municipality,
subdivision or instrumentality of the United States or by any other taxing
authority which are due and payable by Seller prior to the Closing relating to
the Branches as of the Closing Date have been paid in full, or will be so paid
prior to, or prorated at, the Closing except to the extent contested by Seller
in good faith through appropriate proceedings.

         6.12 RECORDS. To Seller's Knowledge, the Records are originals of, or
true and correct copies of, records created and maintained during the ordinary
course of business by Seller at the Branches.

         6.13 SERVICE AND MAINTENANCE CONTRACTS. There are no contracts or other
agreements relating to the rendering by third parties of services to the
Branches other than those which shall be delivered to Buyer pursuant to Section
3.3 hereof.

                                       11
<PAGE>

         6.14 REGULATORY APPROVALS. The information furnished or to be furnished
by Seller pursuant to Section 8.1 of this Agreement for the purpose of enabling
Buyer to complete and file an application with the OTS is or will be true and
complete in all material respects as of the date so furnished.

         6.15 CONSENTS. Other than the approval of the OTS, and any Landlord
consents, no consent, approval or authorization of any governmental authority or
agency is required for the execution, delivery and performance by Seller of this
Agreement and the consummation by it of any transactions contemplated hereby.

         6.16 OPERATION. To Seller's Knowledge, the current use and operation of
the Branches are in compliance with and authorized by zoning and other land use
regulations applicable at the time of completion of construction, including
without limitation building, fire, health and safety codes and all private
covenants, restrictions and easements except to the extent that any
non-compliance would not have a material adverse effect on the Branches. To
Seller's Knowledge, there are no facts or circumstances existing or threatened
which could have a material adverse effect on the present or future use of the
Branches as a bank office, except as described on Schedule 6.16 attached hereto.
Except for (i) matters of public record; (ii) the Branch Leases, (iii)
agreements referenced in Section 6.13, and (iv) agreements necessary or
desirable to consummate the transactions contemplated hereby, Seller is not a
party to any other material agreement relating to the Branches except as
described on Schedule 6.16 attached hereto.

         6.17 CONDEMNATION. Seller has not received notice of any pending or
threatened proceeding in eminent domain or otherwise, which would affect the
Branches, or any portion thereof. To Seller's Knowledge there are no existing,
proposed or contemplated plans to widen, modify or realign any street or highway
contiguous to the Branches, except as described on Schedule 6.17 attached
hereto. To Seller's Knowledge, except as shown on the real property public
records or on tax bills, there are no intended public improvements which will
result in any charge being levied or assessed against, or in the creation of any
Encumbrance upon, the Branches.

         6.18 HAZARDOUS SUBSTANCES. Seller represents and warrants that to
Seller's Knowledge, except as described on Schedule 6.18: (i) except for the use
and storage of office supplies in the ordinary course of business, no Hazardous
Substances are or have been present, stored, disposed of, or released in or at
the Branches in violation of Environmental Laws; (ii) to Seller's Knowledge, no
Hazardous Substances are or have been present, stored, disposed of or released
above or below the Branches by Seller in violation of Environmental Laws; (ii)
Seller has not received any written communication from a governmental authority
that alleges a violation of Environmental Laws concerning the Branches that has
not been cured; and (iii) Seller has received no notice of any claim, action,
cause of action, investigation, or communication asserted by a person alleging
potential liability arising out of or based on or resulting from the presence,
storage, disposition or release of any Hazardous Substance at, above, or below
the Branches or the violation or alleged violation of any Environmental Law
concerning the Branches.

                                       12
<PAGE>

                                  ARTICLE VII

                               COVENANTS OF BUYER
                               ------------------

         7.1 ASSISTANCE IN OBTAINING REGULATORY APPROVALS. Buyer shall be
responsible for the preparation and filing of the applications and notices for
approval of the transaction contemplated herein with the OTS except for any
application under Section 563.22 of the OTS Regulations ("transfer application")
which may be required of Seller. Buyer shall cooperate with Seller in providing
information for the OTS application. Buyer will be solely responsible for all
fees, expenses and costs incurred with respect to the preparation and filing of
the applications and notices with the OTS other than Seller's transfer
application, if any. Notwithstanding the previous sentence, each Party shall pay
any required filing fee for any application required to be filed under
applicable law by such Party, and such Party's own attorneys' and consultant
fees incurred in connection with such filing.

         7.2 PERFORMANCE OF LIABILITIES. Subject to Seller's compliance with
Section 13.6 from and after the Closing, Buyer agrees to pay (to the extent
there are sufficient available funds on deposit) all properly drawn checks,
drafts and negotiable withdrawal orders drawn against a Deposit account
transferred by Seller to Buyer as contemplated herein, timely presented to Buyer
by mail, over its counters or through inclearings and whether drawn on the check
or draft forms provided by Seller for ninety (90) days after the Closing Date.

         7.3 CONSENTS AND NOTICES. Buyer: (i) will use commercially reasonable
efforts to obtain prior to the Closing Date all consents, approvals or
authorizations required to be obtained by it for the consummation of the
transaction contemplated hereby; and (ii) will publish all notices required by
all governmental authorities or agencies required for the execution, delivery
and performance by Buyer of this Agreement and the consummation by it of any
transaction contemplated hereby.

         7.4 FURTHER ASSURANCES. On and after the Closing Date, Buyer shall give
such further assurances to Seller and upon Seller's request shall execute,
acknowledge and deliver all such acknowledgments and other instruments and take
such further action as may be reasonably necessary and appropriate to
effectively relieve and discharge Seller from any obligations remaining under
the Liabilities transferred to Buyer and to confirm the assumption of the
Liabilities by Buyer; provided, however, that Buyer need not incur any material
costs or expenses in connection with the undertakings contained in this sentence
unless such costs or expenses are paid by Seller.

         7.5 CONFIDENTIALITY. Buyer shall hold, and shall cause its respective
directors, officers, employees, agents, consultants and advisors to hold, in
strict confidence, unless disclosure to a bank regulatory authority is necessary
in connection with any regulatory approval or unless compelled to disclose by
judicial or administrative process or, in the written opinion of its counsel, by
other requirements of law or the applicable requirements of any regulatory
agency or relevant stock exchange, all records, books, contracts, instruments,
computer data and other data and information (collectively, "Information")
concerning Seller furnished it by Seller or its representatives pursuant to this
Agreement (except to the extent that such information can be shown to have been
(a) previously known by Buyer on a non-confidential basis, (b) in the public
domain through no fault of Buyer or (c) later lawfully acquired from other
sources by Buyer) and shall not release or disclose such Information to any
other person, except its auditors, attorneys, financial advisors, bankers, other
consultants and advisors and, to the extent permitted above, to bank regulatory

                                       13
<PAGE>

authorities. The obligations of Buyer in the preceding sentence shall terminate
upon the Closing with respect to information relating to the Branches. In the
event of termination of the transactions contemplated in this Agreement prior to
Closing, Buyer shall return to Seller all such records, books, contracts,
instruments, computer data and other data or information and all copies thereof
in its possession or the possession of third parties subject to its direction,
and shall certify in writing as to the foregoing.

                                  ARTICLE VIII

                               COVENANTS OF SELLER
                               -------------------

         8.1 ASSISTANCE IN OBTAINING REGULATORY APPROVALS. Seller shall be
responsible for the preparation and filing and for all fees, expenses and costs
incurred in the preparation and filing of, any transfer application it may be
required to file. Seller shall cooperate with Buyer in providing information for
the Buyer's applications to the OTS.

         8.2 CONSENTS AND NOTICES. Seller: (i) will use commercially reasonable
efforts to obtain prior to the Closing Date all consents, approvals or
authorizations required to be obtained by it for the consummation of the
transactions contemplated hereby; and (ii) will publish and issue all notices
required by all governmental authorities or agencies required for the execution,
delivery and performance by Seller of this Agreement and the consummation by it
of any transactions contemplated hereby.

         8.3 ACCESS TO RECORDS AND INFORMATION; PERSONNEL; CUSTOMERS.

                  (a) Between the Signature Date and the Closing Date, Seller
shall afford to Buyer and its authorized agents and representatives access,
during normal business hours or if mutually agreed by the Parties, at other
times, to the operations, books, records, contracts, documents and other
information of or relating to the Deposits and Assets to be transferred to Buyer
as contemplated herein, and, as to the Real Estate, subject to the access
requirements contained in the applicable Assignment and Assumption Agreement,
and shall provide Buyer a true copy of the form of all contracts, agreements,
and other documents governing or specifying the terms of the relationship
between Seller and its customers at the Branches. Buyer shall give reasonable
notice for access to Seller. The date and time of such access will then be
mutually agreed upon by both Parties. Seller shall cause its personnel to
provide assistance to Buyer in Buyer's investigation of matters relating to such
Deposits, Account Loans, Assets and Safe Deposit Boxes; provided, however, that
Buyer's investigation shall be conducted in a manner which does not unreasonably
interfere with Seller's normal operations, customers and employee relations; and
provided further, that Buyer and its authorized agents and representatives shall
be afforded physical access to the Branches over the weekend immediately prior
to the Closing Date.

                  (b) Buyer, with Seller's prior written consent, which shall
not unreasonably be withheld, may, at its own expense, upon regulatory approval
of the transaction contemplated by this Agreement, communicate with, and deliver
information, brochures, bulletins, press releases and other communications to
depositors of the Branches concerning such transaction and concerning the
business and operations of Buyer.

         8.4 CONDUCT OF BUSINESS PENDING CLOSING. Except as may be required to
obtain the regulatory approvals referred to in Section 8.1 hereof, between the

                                       14
<PAGE>

Signature Date and the Closing Date, and except as may otherwise be required by
a regulatory authority, Seller shall conduct its business at the Branches in the
ordinary course consistent with past practice and shall not, without the prior
consent of Buyer, which consent shall not be unreasonably withheld:

                  (a) Cause the Branches to engage or participate in any
activity that would materially and adversely affect the Deposits, Account Loans,
Assets or Safe Deposit Boxes or the ability to continue the operations of the
Branches, except in the ordinary course of business;

                  (b) Cause the Branches to transfer to Seller's other branches
any Deposits to be transferred to Buyer as contemplated herein, except upon the
unsolicited request of a depositor in the ordinary course of business;

                  (c) Increase or agree to increase the salary, remuneration or
compensation of persons employed at the Branches other than in accordance with
Seller's customary policies and/or bank-wide changes provided prior or
subsequent notice is given to Buyer of such bank-wide changes, or pay or agree
to pay any bonus not committed or contemplated prior to the date of this
Agreement to any such Employees other than regular bonuses granted based on
historical practice or in connection with the retention bonus program instituted
by Seller in contemplation of the transactions described herein;

                  (d) Enter into any commitment, agreement, understanding or
other arrangement to dispose of the Assets and Liabilities to be transferred to
Buyer as contemplated herein, other than pursuant to the terms of this
Agreement;

                  (e) Invest in, or dispose of, any Fixed Assets of the
Branches, except pursuant to commitments made on or before the Signature Date
and disclosed to Buyer in writing on or before the Signature Date and for
replacements of destroyed or damaged furniture, furnishings and equipment or
replacements of furniture, furnishings and equipment the failure to replace of
which would constitute a safety or health hazard;

                  (f) Cause or permit the Branches to transfer to Seller's other
operations or branches any Account Loans or Fixed Assets of the Branches;

                  (g) Transfer, assign, permit any Encumbrance to exist with
respect to or otherwise dispose of, or enter into any contract, agreement or
understanding to transfer, assign, cause or permit any Encumbrance to exist
(which Encumbrance would not be permitted under Section 6.6) with respect to or
otherwise dispose of, any of the Assets except in the ordinary course of
business and subject to the other provisions of this Section 8.4;

                  (h) Make any material change in any of Seller's basic policies
and practices with respect to deposit origination, personnel practices,
marketing, or any other material aspect of its business or operations which
would have a material adverse effect on the Branches or the Mortgage Loans,
except as may be required by applicable governmental authorities and except for
changes in such policies instituted on a bank-wide basis.

                  (i) Directly or indirectly, entertain, solicit or encourage or
participate in any discussions or negotiations with, or provide any information
(other than publicly available information) to, any person or other entity or
group (other than Buyer and its representatives) concerning any proposal to
acquire the Assets or assume the Liabilities which are the subject of this
Agreement, except under circumstances where Seller advises such person, entity
or group that it is obligated to sell the Assets and transfer the liabilities to
Buyer and that any other such proposal shall be considered only as a backup
proposal.

                                       15
<PAGE>

         8.5 BOOKS AND RECORDS. Seller shall retain (i) all books and records
relating to the Branches which are not ordinarily maintained at the Branches
through the Closing Date and all records of closed accounts, except books and
records from centralized servicing areas (including, e.g., W-8 and W-9
Certifications), and (ii) all transaction documents related to the Deposits. On
the Closing Date, Buyer shall receive possession of, and all of Seller's right,
title and interest to and in, the Records. All transaction documents, books and
records which are retained by Seller after the Closing Date and which relate
directly to transactions involving Assets and Deposits of the Branches occurring
prior to the Closing Date shall (i) be maintained for a period which is at least
the longer of the period required by law or the normal retention period under
Seller's record retention program, unless the Parties shall, applicable law
permitting, agree upon a shorter period; and (ii) even if such transaction
documents, books and records are relocated to third-party long-term storage
facilities or transferred to microfilm or other media in accordance with
Seller's normal practices, shall upon Buyer's request pursuant to a customer's
reasonable inquiry, promptly be made available to Buyer at no cost. For any
other purpose, unless the Parties agree to another arrangement, Seller shall
provide such transaction documents, books and records as Buyer may deem
desirable at Seller's regular customer service charge for research and copying,
except if such purpose is reasonably necessary to permit Buyer to comply with or
contest any applicable legal, tax, banking, accounting or regulatory policies,
requirements or proceedings, arising out of the obligations of Seller prior to
Closing, in which case no charge shall be made.

         8.6 INSURANCE POLICIES. Seller will maintain in effect until the
Closing all insurance policies set forth in Schedule 6.10 attached hereto or
replacement policies providing coverage at least equal to their current
coverage.

         8.7 FURTHER ASSURANCES. On and after the Closing Date, Seller shall (i)
give such reasonable further assurances to Buyer and upon Buyer's request shall
execute, acknowledge and deliver all such acknowledgments and other instruments
and take such reasonable further action as may be necessary and appropriate to
effectively relieve and discharge Buyer from any obligations remaining under the
Deposits transferred to Buyer, except obligations assumed under this Agreement;
and (ii) give such further assistance to Buyer and shall execute, acknowledge
and deliver all such bills of sale, acknowledgments and other instruments and
take such further action as may be necessary and appropriate effectively to vest
in Buyer full, legal and equitable title to the Assets transferred to Buyer;
provided, however, that Seller need not incur any material costs or expenses in
connection with the undertakings contained in this sentence unless such costs or
expenses are paid by Buyer. In particular, and without limiting the foregoing:

                  (a) After the Closing Date, Seller will mail to Buyer within
one Business Day after receipt thereof by Seller all payments relating to
Account Loans or amounts intended for deposit to the accounts which are part of
the Deposits transferred to Buyer or otherwise relating to such Deposits or
Account Loans;

                  (b) Except as provided to the contrary in the interim
processing procedures, with respect to checks or drafts against accounts which
are Deposits transferred to Buyer, Seller and Buyer will cooperate with one
another such that on and after the Closing Date, each such item which is coded
for presentment to Seller or to any bank for the account of Seller, is delivered

                                       16
<PAGE>

to Buyer in a timely manner and in accordance with Section 13.6, applicable law
and Clearing House rules or agreement;

                  (c) Except as otherwise contemplated by this Agreement, or the
interim processing procedures, Seller will remove any supply of money orders,
traveler's checks and other forms and papers (other than Records) located at the
Branches not later than the close of business on the Closing Date; and

                  (d) Not later than 2:00 p.m. on the later to occur of the
Closing Date or the Conversion Date, Seller will void all ATM access cards
issued by it to customers of the Branches except for customers that are also
customers of other branches of Seller

                  (e) [On or before twenty-one days after the later to occur of
the Closing Date or the Conversion Date, Seller will provide to Buyer a
transaction history report in mutually acceptable form with respect to the
Deposits, covering the third and fourth quarter of 1999 and the period of time
from the beginning of 2000 to the Conversion Date.

         8.8 CONSENTS. Seller shall secure all necessary corporate consents,
shall use commercially reasonable efforts to secure all consents and releases
required of third parties (except those regarding Buyer) and shall comply with
all applicable laws, regulations and rulings in connection with this Agreement
and the consummation of the transactions contemplated hereby.

         8.9 OPERATION OF BRANCHES. From and after the date of this Agreement
until the Closing Date, subject to Section 8.4 of this Agreement, Seller shall
operate and manage the Branches in the normal and ordinary course and in
accordance in all material respects with all applicable federal, state and local
laws, ordinances and requirements and private covenants, conditions,
restrictions and other agreements, and maintain the Branches in good order,
condition and repair in all material respects. Seller shall punctually pay and
perform all of its obligations under the Branch Leases and related service
contracts, and pay before delinquency all taxes, assessments, utility charges
and other expenses affecting the Branches except to the extent contested in good
faith by appropriate proceedings provided prior or subsequent notice is provided
to Buyer. After the Signature Date, Seller shall use commercially reasonable
efforts to retain at the Branches the Deposits which are domiciled at the
Branches as of the date of this Agreement.

         8.10 SERVICE AND MAINTENANCE CONTRACTS. Seller shall, if requested by
Buyer, use commercially reasonable efforts to continue to make such services and
benefits of any service and maintenance contracts available to Buyer and in such
event, Buyer shall pay at the contract rate for any desired services to be
rendered to it after the Closing Date pursuant to any existing contract between
Seller and third parties. Seller has provided Buyer with copies of all service
and maintenance contracts related to the Branches which are outstanding as of
the Closing Date. With respect to any such contracts, Buyer shall, not later
than thirty (30) days after the Signature Date, notify Seller of those contracts
which it elects to assume (to the extent permitted by the relevant contract and
law), and Seller shall assign all of its right, title and interest in such
contracts so assumed to Buyer at the Closing pursuant to documents and
agreements in form and substance reasonably satisfactory to Buyer.

                                       17
<PAGE>

         8.11 SIGNS. Buyer shall, at its own cost, remove all exterior and
interior signs identifying Seller at the Branches and restore exterior surfaces.
The parties shall cooperate with each other's efforts with respect to the
foregoing to the extent reasonable.

         8.12 MATERIAL CHANGES. Seller shall advise Buyer promptly in writing of
any material adverse change in the business or operations of Seller relating to
the Branches which becomes known to Seller, or of any matter which would make
the representations and warranties set forth in Article VI hereof not true and
correct at any time up to and including the Closing Date.

         8.13 CONFIDENTIALITY. Seller shall hold, and shall cause its respective
directors, officers, employees, agents, consultants and advisors to hold, in
strict confidence, unless disclosure to a bank regulatory authority is necessary
in connection with any regulatory approval or unless compelled to disclose by
judicial or administrative process or, in the written opinion of its counsel, by
other requirements of law or the applicable requirements of any regulatory
agency or relevant stock exchange, all records, books, contracts, instruments,
computer data and other data and information (collectively, "Information")
concerning Seller furnished it by Seller or its representatives pursuant to this
Agreement (except to the extent that such information can be shown to have been
(a) previously known by Seller on a non-confidential basis, (b) in the public
domain through no fault of Seller or (c) later lawfully acquired from other
sources by Seller) and shall not release or disclose such Information to any
other person, except its auditors, attorneys, financial advisors, bankers, other
consultants and advisors and, to the extent permitted above, to bank regulatory
authorities. The obligations of Seller in the preceding sentence shall terminate
upon the Closing with respect to information relating to the Branches. In the
event of termination of the transactions contemplated in this Agreement prior to
Closing, Seller shall return to Seller all such records, books, contracts,
instruments, computer data and other data or information and all copies thereof
in its possession or the possession of third parties subject to its direction,
and shall certify in writing as to the foregoing.

         8.14 REPURCHASE OF CERTAIN ACCOUNT LOANS AND DEPOSITS. Seller agrees,
on the first Business Day following the date which is thirty (30) days following
Closing, to repurchase from Buyer: (a) any Account Loan and to reassume any
obligations under any associated Deposit which (i) at Closing, was listed on the
Schedule of Delinquent Account Loans and (ii) on the date which is thirty (30)
days following Closing, remained delinquent, and (b) any Deposit and to reassume
any obligations under such associated Deposit which (i) at Closing, was a
Negative Balance Deposit and (ii) on the date which is thirty (30) days
following Closing, remained a Negative Balance Deposit, for a repurchase price
equal to the negative balance of such Deposit on the Closing Date. For purposes
of the foregoing sentence, an Account Loan shall be considered delinquent if
such loan is more than thirty (30) days past due at the applicable time.2 Seller
and Buyer shall cooperate in the repurchase of such Account Loans and Deposits
and the reassumption of obligations under such Account Loans and Deposits.

                                   ARTICLE IX

                                 NON-COMPETITION
                                 ---------------

         9.1 SOLICITATION. For a period of twelve (12) months following the
Closing Date, Seller will not, directly or indirectly, knowingly solicit
deposits by the use of direct mail, telemarketing programs or other similar
marketing methods specifically directed at people within a one (1.0) mile radius

                                       18
<PAGE>

of the Branches or at customers of the Branches. Notwithstanding the previous
sentence, this Section (Section 9.1) shall not limit the right of Seller to
solicit customers through a general marketing program not targeted to customers
of the Branches or to solicit customers who are also customers of other
operations or branches of Seller or are customers with respect to nondeposit
investment products administered by Seller or an affiliate thereof.

         9.2 NON-COMPETITION. For a period of twelve (12) months following the
Closing Date, Seller shall not, directly or indirectly, without the prior
written consent of Buyer, own, operate or purchase an office of a savings and
loan association, commercial bank, savings bank or depositary institution within
a one (1.0) mile radius of any of the Branches. This Section 9.2 shall not
prohibit Seller from acquiring a branch or branches within such radius when such
acquisition is part of a multi-branch purchase from, or a merger with, another
financial institution.

                                   ARTICLE X

                              CONDITIONS TO CLOSING
                              ---------------------

         10.1 CONDITIONS TO THE OBLIGATIONS OF BUYER. Unless waived in writing
by Buyer, the obligations of Buyer to consummate the transaction contemplated by
this Agreement are subject to the satisfaction at or prior to the Closing of the
following conditions:

                  (a) PERFORMANCE. Each of the acts and undertakings of Seller
to be performed at or before the Closing Date pursuant to this Agreement shall
have been duly performed in all material respects.

                  (b) REPRESENTATIONS AND WARRANTIES. The representations and
warranties of Seller contained in Article 6 of this Agreement shall be true and
complete on and as of the Closing Date with the same effect as though made on
and as of the Closing Date.

                  (c) ABSENCE OF PROCEEDINGS AND LITIGATION. No order shall have
been entered and remain in force at the Closing Date restraining or prohibiting
any of the transactions contemplated by this Agreement in any legal,
administrative or other proceeding and no action or proceeding shall have been
instituted or threatened on or before the Closing Date pertaining to the
transactions contemplated by this Agreement which, in the reasonable judgment of
Buyer, could be materially adverse to Buyer's consummating this Agreement.

                  (d) REGULATORY APPROVALS. All required licenses, approvals and
consents of any relevant state, federal or other regulatory agencies shall have
been obtained and all necessary conditions to those licenses, approvals and
consents shall have been fully satisfied; provided, however, that if any such
licenses, approvals or consents are qualified or conditioned in any manner which
materially and adversely affects the operations of the Branches as a branch of
Buyer, this condition may be deemed unfulfilled.

                  (e) DOCUMENTS. In addition to the documents described
elsewhere in this Section 10.1, Buyer shall have received the following
documents from Seller duly executed:

                       (1) A General Bill of Sale and Assignment and Assumption
substantially in the form of Exhibit B hereto.

                                       19
<PAGE>

                       (2) A Retirement Accounts Transfer Agreement
substantially in the form of Exhibit D hereto.

                       (3) A certificate of the Secretary or Assistant Secretary
of Seller as to the incumbency and signatures of officers.

                       (4) Such other bills of sale and other instruments and
documents as counsel for Buyer may reasonably require as necessary or desirable
for transferring, assigning and conveying to Buyer good, marketable and
insurable title to the Assets to be transferred to Buyer as contemplated herein,
all in form and substance reasonably satisfactory to counsel for Buyer.

                       (5) A certificate signed by duly authorized officers of
Seller stating that the representations and warranties of Seller under Article 6
of this Agreement are true as of the Closing Date, that the respective covenants
of Seller to be performed on or before the Closing Date have been performed in
all material respects, and that the conditions set forth in this Section 10.1
have been satisfied.

                       (6) Resolutions of Seller's Board of Directors, certified
by its Secretary or Assistant Secretary, authorizing the signing and delivery of
this Agreement and the consummation of the transactions contemplated hereby.

                       (7) A computer printout and data tape of Deposits being
transferred to Buyer.

                       (8) A list of holds pursuant to Section 13.7.

                       (9) A copy of the form of the notice Seller sent to its
customers in accordance with Section 13.1, and the final customer list
contemplated by Section 13.1.

                       (10) The Records relating to the Branches.

                       (11) The conveyance and assignment documents pursuant to
the Assignment and Assumption Agreement.

                       (12) A Schedule of Delinquent Account Loans and
Associated Deposits.

                       (13) Such other documents or instruments as Buyer may
reasonably request in connection with the performance by Seller of any of its
obligations hereunder.

                  (f) ASSIGNMENT OF LEASES. All conditions precedent to the
obligations of Buyer under the Assignment and Assumption Agreement shall have
been satisfied, and the transactions described in the Assignment and Assumption
Agreement shall close concurrently herewith.

                  (g) NO MATERIAL ADVERSE CHANGE. No material adverse change
shall have occurred affecting (i) the Branches or (ii) the ability to conduct
operations at the Branches.

                                       20
<PAGE>

                  (h) REIMBURSEMENT. Buyer shall have received payment pursuant
to Section 2.3(c); which, if Seller has made the election specified in Section
2.3(f) shall include the transfer of all residential mortgage loans under the
Mortgage Loan Purchase and Sale Agreement.

         10.2 CONDITIONS TO THE OBLIGATIONS OF SELLER. Unless waived in writing
by Seller, the obligations of Seller to consummate the transaction contemplated
by this Agreement are subject to the satisfaction at or prior to the Closing of
the following conditions:

                  (a) PERFORMANCE. Each of the acts and undertakings of Buyer to
be performed at or before the Closing Date pursuant to this Agreement shall have
been duly performed in all material respects.

                  (b) REPRESENTATIONS AND WARRANTIES. The representations and
warranties of Buyer contained in Article 5 of this Agreement shall be true and
complete on and as of the Closing Date with the same effect as though made on
and as of the Closing Date.

                  (c) ABSENCE OF PROCEEDINGS AND LITIGATION. No order shall have
been entered and remain in force at the Closing Date restraining or prohibiting
any of the transactions contemplated by this Agreement in any legal,
administrative or other proceeding and no action or proceeding shall have been
instituted or threatened on or before the Closing Date pertaining to the
transaction contemplated by this Agreement which, in the reasonable judgment of
Seller, could be materially adverse to Seller's consummating this Agreement.

                  (d) REGULATORY APPROVAL. All required licenses, approvals and
consents of any relevant state, federal or other regulatory agencies shall have
been obtained and all necessary conditions to those licenses, approvals and
consents shall have been fully satisfied.

                  (e) DOCUMENTS. In addition to the documents described
elsewhere in this Section 10.2, Seller shall have received the following
documents from Buyer duly executed:

                       (1) A General Bill of Sale and Assignment and Assumption
substantially in the form of Exhibit B hereto.

                       (2) An Assumption of Deposit Liabilities substantially in
the form of Exhibit C hereto.

                       (3) A Retirement Accounts Transfer Agreement
substantially in the form of Exhibit D hereto.

                       (4) A certificate of the Secretary or Assistant Secretary
of Buyer as to the incumbency and signatures of officers.

                       (5) A certificate signed by duly authorized officers of
Buyer stating that the representations and warranties of Buyer under Article 5
of this Agreement are true as of the Closing Date, and that the respective
covenants of Buyer to be performed on or before the Closing Date have been
performed in all material respects, and that the conditions set forth in this
Section 10.2 have been satisfied.

                       (6) Such other documents or instruments as Seller may
reasonably request in connection with the performance by Buyer of any of its
obligations hereunder.

                                       21
<PAGE>

                       (7) Resolutions of Buyer's Board of Directors, certified
by its Secretary or Assistant Secretary, authorizing the signing and delivery of
this Agreement and the consummation of the transactions contemplated hereby.

                  (f) ASSIGNMENT OF LEASES. All conditions precedent to the
obligations of the Seller under the Assignment and Assumption Agreement shall
have been satisfied, and all transactions contemplated under the Assignment and
Assumption Agreement shall be consummated concurrently herewith.

                                   ARTICLE XI

                                   TERMINATION
                                   -----------

         11.1 CONDITIONS FOR TERMINATION. This Agreement shall terminate and be
of no further force and effect as between the Parties hereto, upon the
occurrence of any of the following:

                  (a) By either Party upon the expiration of fifteen (15) days
after the refusal or denial of any approval or consent by any governmental
agency of any approvals or consent required to be obtained pursuant to this
Agreement, or the imposition of a materially burdensome condition upon such
Party in connection with such approval or consent by any such governmental
agency, unless, within such fifteen (15) day period, the relevant Party
resubmits the application, or appeals the decision of the governmental entity
that has denied or refused to grant such consent or approval or has imposed such
condition and, in such event, by either Party upon the expiration of five (5)
days after the denial or refusal by such governmental agency of such appeal or
resubmitted application.

                  (b) By a Party upon the expiration of five (5) Business Days
from the date that such Party has given written notice to the other Party of
such other Party's material breach or material misrepresentation of any
condition, warranty, representation or covenant in this Agreement or the
Assignment and Assumption Agreement; or the termination of the Assignment and
Assumption Agreement; provided, however, that no such termination shall take
effect if within such five (5) day period the Party so notified shall have fully
and completely corrected the grounds for termination as specified in such
notice.

                  (c) Upon the failure to consummate the transaction by July 31,
2000 unless extended by mutual agreement in writing of the Parties.

                  (d) Upon mutual consent of the Parties to terminate.
Notwithstanding anything to the contrary herein contained in this Agreement, no
Party shall have the right to terminate this Agreement on account of its own
breach or any immaterial breach by the other Party.

         11.2 EFFECT OF TERMINATION. Termination of this Agreement pursuant to
Section 11.1 or for any reason or in any manner shall not release, or be
construed to release, any Party hereto from liability or damage to any other
Party arising out of, in connection with, or otherwise relating to, directly or
indirectly, such Party's material breach, default or failure in performance of
any material covenants, agreements, duties or obligations arising hereunder.

                                       22
<PAGE>

                                  ARTICLE XII

                                    EMPLOYEES
                                    ---------

         12.1 EMPLOYEES. Buyer shall use reasonable efforts to make employment
available to all employees of Seller at the Branches. Buyer shall be required to
meet with the Employees employed at Seller's Branch no later than seven (7) days
after the transaction is communicated by the Seller to the Employees. Seller
agrees to give Buyer access to personnel files concerning each of the Employees
employed at the Branches within seven (7) days of receiving such Employee's
written consent for such release. Seller shall use commercially reasonable
efforts to obtain such consent from each of its Employees as soon as practicable
after the initial meeting with Employees employed at the Branches. Employees who
are offered employment shall be hired on terms and conditions as are consistent
with the terms and conditions of similar employment positions of Buyer,
effective the day immediately following the Closing Date. Buyer shall make
offers of employment promptly after the receipt from Seller of records referred
to above. Any such Employee shall be given five (5) Business Days from the date
of such offer to accept or decline the employment offer.

         Beginning on the date on which any of Seller's Employees are hired by
Buyer, Buyer shall assume all obligations and liabilities which may arise as a
result of Buyer's employment of such Employees on or after such first date of
employment of such Employees. Nothing contained herein is to be construed as
offering or creating an employment contract for any such Employee or any other
obligation to employ such Employees. All Employees of the Branches will have
their earned compensation including accrued vacation time paid in full by Seller
through the Closing Date.

         This Agreement is not intended to create and does not create any
contractual or legal rights in or enforceable by any Employee. Buyer agrees to
obtain prior approval of Seller before sending any communications to any
Employee employed at the Branches concerning the subject matter of this Section
12.1, which approval shall not be unreasonably withheld. This Agreement may be
amended or terminated without liability to any Employee.

         Buyer shall have the right but not the obligation prior to the Closing
to provide training to any Employees that will become employees of Buyer after
the Closing as set forth in this Section 12.1. Such training shall be at the
expense of Buyer and shall be conducted after business hours at a location other
than the Branches. At the request of Buyer, Seller shall compensate employees,
in accordance with Seller's customary policies and practices, for the Employee's
time spent being trained by Buyer and the Employees' reasonable reimbursable
expense (such compensation to be reimbursed by Buyer to Seller at Closing or
termination (the "Employee Reimbursements")). Seller shall cooperate with Buyer
to make such Employees available for such training prior to the Closing.

         12.2 EMPLOYEE BENEFITS. All full-time Employees at the Branches who
become employees of Buyer will, on and as of the Closing Date, be immediately
eligible to participate in Buyer's medical insurance plan. All full time and
part-time Employees who become employees of Buyer shall, on and as of the
Closing Date, be eligible to participate in accordance with Buyer's policies and
practices and the terms and conditions of any applicable benefit plan, in
Buyer's other employee benefit plans and other fringe benefits and rights,
including without limitation vacation pay, enjoyed by employees of Buyer in

                                       23
<PAGE>

comparable positions including any pension or 401(k) plans. For all such
purposes, the Closing Date shall be deemed the hire date and all eligibility
waiting periods shall apply.

                                  ARTICLE XIII

                                OTHER AGREEMENTS
                                ----------------

         13.1 NOTICES TO DEPOSITORS. Seller shall provide Buyer, as soon as
practicable, with a customer list regarding the accounts to be assumed by Buyer
as contemplated herein, together with data tapes. On the Closing Date, Seller
shall provide Buyer a final customer list of the assumed Deposits, which shall
be updated as of any subsequent conversion date. At the time that Seller
provides to Buyer the customer lists pursuant to this paragraph, Seller shall
notify Buyer of any customer addresses which Seller is aware are invalid.

         As soon as practicable after receipt of all required regulatory
approvals, Seller shall notify the holders of the Deposits to be assumed by
Buyer that, subject to closing requirements, Buyer will be assuming the
liability of the Deposits and will not continue services provided by Seller
which are not routinely offered by Buyer. The notification will be based on the
list and data tapes referred to in the preceding paragraph and a listing
maintained at Seller's Branch of the new accounts opened since the date of the
list. Buyer shall send notification to the same holders setting out the details
of its administration of the assumed accounts. Each Party shall obtain the
approval of the other of its notification letter(s), which approval shall not be
unreasonably withheld or delayed.

         13.2 SAFE DEPOSIT BOXES. As soon as practicable after receipt of all
required regulatory approvals, the Seller shall notify by letter renters of Safe
Deposit Boxes located at the Branches of the disposition of their Safe Deposit
Boxes as of the Closing Date. In the event of removal of such boxes to a new
location, the Parties agree to cooperate in the safe and lawful transfer of such
boxes. The costs and expenses incurred in the transfer and security of such
boxes will be borne by Buyer. All key or other deposits related to the Safe
Deposit Boxes which are held by Seller shall be transferred to Buyer as of the
Closing Date as part of the Closing.

         13.3 INCOMING DEPOSITS AND MAIL. In the event Seller receives after the
Closing Date, a deposit, payment, legal process or mail with respect to the
Assets or Deposits transferred to Buyer, Seller shall, at Seller's expense, mail
such deposit, payment, legal process or other mail to Buyer within one (1)
Business Day after receipt thereof at the address Buyer may from time to time
designate.

         13.4 RETURNED ITEMS. Any items that were (i) credited for deposit to,
or (ii) cashed against, an account at the Branches prior to the Closing and are
returned unpaid at any time after the Closing and within the guidelines
specified under "Regulation CC" of the Federal Reserve System ("Returned Items")
will be handled as follows:

                  (a) If Seller is charged for the Returned Item, Seller shall
notify Buyer and if there are sufficient funds in the account to which such
Returned Item was credited or any other accounts on deposit with Buyer in the
name of the party liable for such Returned Item, Buyer will debit any or all of
such accounts an amount equal in the aggregate to the Returned Item or all funds
available in the subject account, if less. If there are not sufficient funds in
the accounts which may be debited (for reasons other than Buyer's breach of

                                       24
<PAGE>

Section 13.7), Buyer will have no obligation to repay Seller unless and until
Buyer obtains reimbursement from the party liable for the Returned Item.

                  (b) If Buyer's bank account is charged for the Returned Item,
Buyer will use reasonable efforts to obtain reimbursement from the account to
which, or from the party to whom, the Returned Item was credited. If there are
sufficient funds in the account to which such Returned Item was credited or any
other accounts on deposit at any branch office of Buyer standing in the name of
the party liable for such Returned Item, Buyer will debit any or all of such
accounts in an amount equal in the aggregate to the Returned Item. If those
accounts do not contain funds sufficient to reimburse Buyer fully (for reasons
other than Buyer's breach of Section 13.7), Seller will, upon notice from Buyer,
immediately repay to Buyer the amount of the Returned Item and Buyer will assign
the Returned Item to Seller for collection. For a reasonable period of time
after reimbursement from Seller, Buyer will cooperate with Seller in its efforts
to obtain reimbursement from the party liable for the Returned Item.

                  (c) Any items that were credited for deposit to or cashed
against an account at the Branches prior to the Closing Date and are returned
unpaid more than sixty (60) days after the Closing will be the responsibility of
Seller.

         13.5 ACH ITEMS AND WIRE TRANSFERS. Buyer and Seller shall use
commercially reasonable efforts to transfer all ACH arrangements to Buyer as
soon as practicable after the Closing Date. Buyer shall continue such ACH
arrangements and such recurring debit and credit arrangements as are originated
and administered by third parties and for which Buyer need act only as
processor; Buyer shall have no obligation to continue recurring debit
arrangements that were originated or administered by Seller, and Seller shall
terminate such arrangements on or prior to the Closing Date. After the Closing
Date, Seller will use commercially reasonable efforts to (i) telecopy or deliver
to Buyer on each Business Day after receipt, at the address designated by the
Buyer, a summary of ACH Items affecting the Deposits (such summary to include
claim number, suffix (if applicable), source name, trace id, client name and
effective date); and (ii) remit by wire transfer to Buyer all ACH Item funds
that are intended for Deposit accounts being transferred to Buyer; provided,
however, that Seller's obligation to deliver such summaries and to forward such
ACH Items shall continue for not more than one hundred and twenty (120) days
after the Closing Date, unless an extension is agreed upon. Extensions must be
agreed upon by Buyer and Seller not less than seven (7) days prior to the end of
such period. Thereafter, Seller will return all ACH Items to the originator
marked "Account sold to another DFI."

         ACH transfers which have not been rerouted directly to Buyer after
sixty (60) days from Closing, shall be handled as follows: (i) Buyer shall
notify such ACH users that they must contact the ACH originator and complete the
transfer; (ii) if the transfer remains unconcluded after ninety (90) days from
Closing, Buyer shall renotify such ACH users that their ACH transaction will
cease to be processed within the one month period following said notification;
and, (iii) after one hundred twenty days (120) from Closing, Seller shall return
the ACH transaction to the originator, marked "Account sold to another DFI."

         For a period of thirty (30) days from the Closing, Seller shall upon
receipt thereof, notify Buyer of incoming wire transfers to an account(s) of a
Deposit transferred to Buyer at the Closing and shall use commercially
reasonable efforts to wire same to Buyer on the same day the funds of such
incoming wire transfer for the account(s) of such Deposit.

                                       25
<PAGE>

         13.6 CHECKING ACCOUNTS. Prior to the Conversion Date, Buyer, at its
sole expense, will mail to holders of those Deposits acquired from Seller which
may be accessed by checks, new checks MICR encoded with Buyer's routing and
transit numbers and the Buyer's customer identification number. On a daily
basis, Seller, at its sole expense, will outsort all Branch checks received by
it drawn on accounts assumed by Buyer and prepare them for delivery within one
Business Day to Buyer's service center at Buyer's expense. Buyer shall either
pay the items or return them in accordance with the customer agreement and the
California Uniform Commercial Code and all applicable federal laws and
regulations. Seller's obligation to outsort and deliver such Branch checks shall
continue for sixty (60) days after the Closing Date. After sixty (60) day
period, Seller will stop accepting such items and will return items marked
"Refer to Maker."

         Seller will furnish to Buyer a daily accounting of debits to its
clearing account. On a daily basis, Buyer and Seller will agree on the
settlement amounts of inclearing items transferred by Seller to Buyer. Buyer
will remit the settlement amount on the next Business Day, by immediately
available funds, to the Seller.

         13.7 HOLDS. Holds that have been placed by Seller on particular
accounts or on individual checks, drafts, or other instruments and listed on the
schedule referred to in the next sentence will be continued by Buyer under the
same terms. Seller will deliver to Buyer at the Closing a schedule of such holds
which describes the terms thereof.

         13.8 RETIREMENT ACCOUNTS. Buyer will assume certain Retirement Accounts
held at Seller's Branch according to the terms contained herein and in the
Retirement Accounts Transfer Agreement attached hereto as Exhibit D.

         13.9 CARD PROCESSING. Seller will void on and as of the Closing Date
all (i) ATM access cards issued by it to customers of the Branches who will not
have ATM-accessible accounts with Seller after the Closing Date and (ii) debit
cards issued by it to customers of the Branches who will not have debit
card-accessible accounts with Seller after the Closing Date. Seller will notify
the customer in writing as part of the notice requested under Section 13.1
above, of such cancellation of the ATM access cards and debit cards.

         Seller agrees to provide to Buyer the necessary data and tapes
required, prior to the Closing Date, to accommodate the processing of ATM and
debit cards, which may then be issued prior to the Closing Date. Furthermore,
the Parties agree to settle within two (2) Business Days of the ATM transaction
date for transactions occurring prior to Closing or during the conversion period
and for customers with sufficient funds: (i) any and all rejected ATM and debit
card transactions processed after the Closing Date, and (ii) any and all ATM and
debit card transactions processed while the ATM or debit card network could not
communicate with Seller's main host. Buyer agrees to remit the total sum of such
transactions to Seller on the same date the transactions are settled.

         Any claim submitted under "Regulation E" of the Federal Reserve System,
for transaction processed prior to the Closing Date on Deposits transferred to
Buyer, shall be settled as follows:

                  (a) If the claim is submitted to Seller, Seller shall process
the claim under the guidelines specified in "Regulation E," and if a
reimbursement to the customer is determined necessary, Seller shall directly
reimburse the customer.

                                       26
<PAGE>

                  (b) If the claim is submitted to Buyer, Buyer shall refer
claimant to Seller.

         Such settlement shall continue for a period of sixty (60) days
following the Closing Date. All claims submitted after such sixty (60) day
period shall be returned by Seller to the originator of the claim.

         13.10 DATA PROCESSING CONVERSION. The Parties agree to (i) insure the
orderly transfer of all data tapes and processing information, and will
facilitate an electronic and systematic conversion of all applicable data
regarding Account Loans, ATM Cards (some of which, for the avoidance of doubt,
contain debit card features) and Deposits whereby each Party will bear the cost
associated with the transfer of its tapes and information and the conversion of
its data except as otherwise agreed upon; (ii) at a field-to-field meeting to be
held at a time mutually acceptable to the parties but no later than thirty (30)
days after the Signature Date, exchange all data information necessary to
complete such conversion process; (iii) within ten (10) days after such
field-to-field meeting, Seller shall provide all systems information necessary
to complete such conversion processing and provide two (2) sets of the initial
data processing pre-conversion file layout and product definitions; (iv) provide
the final data processing pre-conversion file packages on a timely basis
allowing for pre-conversion; (v) provide any and all additional data processing
information added to the system subsequent to the preparation of the final
reconversion tapes on a day-to-day basis; and (vi) use commercially reasonable
efforts to provide by 12:00 p.m., on the day immediately following the Closing
Date, two (2) sets of final data processing conversion file packages.

         Immediately prior to or at the date of conversion of the data
processing information at the Branches, Seller shall (i) deconvert accounts and
block any further activity with respect thereto, (ii) cycle all accounts, and
(iii) prepare and send out account statements (and provide microfiche, if
available, to Buyer) dated as of the conversion date to all account holders.

         13.11 INTEREST REPORTING. Seller shall report for the current calendar
year up through and including the Closing Date all interest credited to,
interest premiums paid, interest withheld and early withdrawal penalties charged
to the Deposits which are to be assumed by Buyer as contemplated by this
Agreement. Buyer shall be entitled to receive from Seller such information.
Buyer shall report from but not including the Closing Date through the end of
the calendar year all interest credited to, interest withheld from, and early
withdrawal penalties charged to the Deposits assumed by Buyer. Such reports
shall be made to the holders of these accounts and to the applicable federal and
state regulatory agencies. Seller shall promptly process any customer requests
(including amended 1099s) made which pertain to the period prior to Closing.

         13.12 WITHHOLDING. Seller shall deliver to the Buyer on or before the
Closing Date data indicating all "B" notices (TINs do not match) and "C" notices
(under reporting/IRS imposed withholding) issued by the Internal Revenue Service
("IRS") relating to the Deposits transferred to Buyer. Furthermore, any and all
listings of similar notices regarding such Deposits received by Seller from the
IRS will be immediately delivered to Buyer. All notices received by Seller from
the IRS releasing withholding restrictions on Deposits transferred to Buyer will
be immediately delivered to Buyer. Any amounts required by any governmental
agency to be withheld from any of such Deposits (the "Withholding Obligations")
or any penalties imposed by any governmental agency will be handled as follows:

                                       27
<PAGE>

                  (a) Any Withholding Obligations required to be remitted to the
appropriate governmental agency on or prior to the Closing Date will be withheld
and remitted by Seller and any other sums withheld by Seller pursuant to
Withholding Obligations on or prior to the Closing Date shall also be remitted
by Seller to the appropriate governmental agency on or prior to the time they
are due.

                  (b) Any Withholding Obligations required to be remitted to the
appropriate governmental agency after the Closing Date with respect to
Withholding Obligations after the Closing Date and not withheld by Seller as set
forth in Section 13.12(a) above will be withheld and remitted by the Buyer.
Within two (2) days of receipt of such notice, Seller shall notify Buyer and
Buyer shall comply with notification requirements.

                  (c) Any penalties described on "B" notices from the IRS or any
similar penalties which relate to Deposit accounts opened by Seller prior to the
Closing Date will be paid by Seller promptly upon receipt of the notice
providing such penalty assessment resulted from Seller's acts, policies or
omissions. Similarly, any efforts to reduce such penalties shall be the
responsibility of Seller.

                  (d) Any penalties assessed due to information missing from
information filings regarding Deposits transferred to Buyer, including, without
limitation, 1099 forms, shall be paid by Seller promptly upon receipt of the
notice providing such penalty assessment resulting from Seller's acts, policies
or omissions, but Seller shall be entitled to negotiate such penalties with the
IRS in good faith.

         13.13 TAXPAYER INFORMATION. Seller shall deliver to Buyer within three
(3) Business Days after the Closing Date (i) TINs (or record of appropriate
exemption) for all holders of Deposit accounts transferred to Buyer as
contemplated hereby; and (ii) all other information in Seller's possession or
reasonably available to Seller required by applicable law to be provided to the
IRS and/or account holders with respect to the Assets and Deposits transferred,
except for such information which Seller is obligated to make reports pursuant
to Sections 13.11 and 13.12 of this Agreement (collectively, the "Taxpayer
Information"). Seller hereby certifies that such information, when delivered,
shall accurately reflect the information provided by Seller's customers. Seller
shall, according to the terms of Section 14.2 of this Agreement, indemnify, hold
harmless and defend Buyer, Buyer's subsidiaries and Buyer's Affiliates from and
against any and all damages, losses, liabilities, costs, claims, obligations, or
expenses, including legal fees and expenses and fines and penalties arising from
or incurred or imposed in connection with any inaccuracy, act, or omission by
Seller in connection with the collection, recording, filing with appropriate
governmental agencies, or delivery to Buyer of the Taxpayer information.

         13.14 POST-CLOSING DEPOSIT ITEM PROCESSING. Provided the Closing takes
place prior to April 20, 2000 (the "Conversion Date"), Seller shall continue to
provide item processing and other back office deposit processing services in
connection with the Deposits for a period ending no later than the Conversion
Date. Seller shall conduct such processing in the ordinary and usual course of
its business, in a manner consistent with its past practice. Buyer shall
compensate Seller for all third-party expenses Seller incurs in connection with
its processing pursuant to this Section 13.14. Seller and Buyer shall agree in
writing upon policies and procedures for such processing activities and shall
incorporate such writing as an exhibit to this Agreement.

                                       28
<PAGE>

         13.15 SELLER'S COOPERATION. From and after the Closing, Seller shall
cooperate with Buyer and shall provide assistance in responding to inquiries and
requests of customers of the Branches relating to Deposits transferred to Buyer
at the Closing to the extent such inquiries and requests relate to facts and
circumstances that occurred prior to the Closing.

                                  ARTICLE XIV

                               GENERAL PROVISIONS
                               ------------------

         14.1 SURVIVAL. The representations and warranties made by the Parties
to this Agreement, and their respective obligations to be performed under the
terms hereof at, prior to, or after the Closing, shall not expire with, or be
terminated or extinguished by, the Closing, notwithstanding any investigation of
the facts constituting the basis of the representations and warranties of either
Party by the other Party hereto; provided, however, that all representations and
warranties shall terminate and be of no further effect on the date which is one
hundred and eighty (180) days after the Closing Date.

         14.2 INDEMNIFICATION.

                  (a) Seller shall indemnify, hold harmless and defend Buyer
(and its Affiliates, successors, directors, officers and employees) from and
against any and all damage, loss, liability, costs, claim or expense (including
reasonable legal fees and expenses) incurred or suffered by Buyer (or its
Affiliates, successors, directors, officers and employees) in connection with a
claim asserted by a third party arising from:

                       (1) any material misrepresentation or material breach of
warranty, covenant or agreement made or to be performed by Seller pursuant to
this Agreement;

                       (2) any action taken or omitted to be taken by Seller, or
any transaction or any event occurring on or prior to the Closing Date, relating
to the Assets (other than the Real Estate) or the Deposits, or any action taken
or omitted to be taken by Seller with respect to the Employees, other than as
permitted by this Agreement and any suits or proceedings commenced in connection
therewith;

                       (3) all debts, obligations and liabilities excluded
pursuant to Section 2.3(e) above; and

                       (4) Seller's willful misconduct or gross negligence in
the performance of its interim processing activities after the Closing Date and
before the Conversion Date as contemplated by Section 13.14 of this Agreement;
provided, that Seller shall not be required to so indemnify to the extent a
liability, cost, claim or expense arises from performance by Seller in
accordance with the written direction of Buyer.

                  (b) Buyer shall indemnify, hold harmless and defend Seller
(and its Affiliates, successors, directors, officers and employees) from and
against any and all damage, loss, liability, cost, claim or expense (including
reasonable legal fees and expenses) incurred or suffered by Seller (or its
Affiliates, successors, directors, officers and employees) in connection with a
claim asserted by a third party arising from:

                       (1) any material misrepresentation or material breach of
warranty, covenant or agreement made or to be performed by Buyer pursuant to
this Agreement, and

                                       29
<PAGE>

                       (2) any action taken or omitted to be taken by Buyer, or
any transactions or any event occurring after the Closing Date, relating to the
Assets (other than the Real Estate) or the Deposits (other than an event arising
solely from the Seller's negligence in the course of interim processing
activities pursuant to Section 13.14), or any action taken or omitted to be
taken by Buyer with respect to the Employees to the extent that such Assets or
Deposits are assumed by or transferred to Buyer or the Employees are employed by
Buyer, and any suits or proceedings commenced in connection therewith.

                  (c) A Party seeking indemnification pursuant to this Section
14.2 (an "Indemnified Party") shall give prompt notice to the Party from whom
such indemnification is sought (the "Indemnifying Party") of the assertion of
any claim, or the commencement of any action or proceeding, in respect of which
indemnity may be sought hereunder. The Indemnified Party shall assist the
Indemnifying Party in the defense of any such action or proceeding. The
Indemnifying Party shall have the right to, and shall at the request of the
Indemnified Party, assume the defense of any such action or proceeding at its
own expense. In any such action or proceeding, the Indemnified Party shall have
the right to retain its own counsel, but the fees and expenses of such counsel
shall be at its own expense unless:

                       (1) the Indemnifying Party and the Indemnified Party
shall have mutually agreed to the retention of such counsel and the payment of
such counsel's fees and expenses, or

                       (2) the named Parties to any such suit, action or
proceeding (including any impleaded Parties) include both the Indemnifying Party
and the Indemnified Party and, in the reasonable judgment of the Indemnified
Party, representation of both Parties by the same counsel would be inappropriate
due to actual or potential conflicting interests between them.

                  (d) An Indemnifying Party shall not be liable under this
Section 14.2 for any settlement effected without its consent of any claim,
litigation or proceeding in respect of which indemnity may be sought hereunder.
The Indemnifying Party may settle any claim without the consent of the
Indemnified Party, but only if the sole relief awarded is monetary damages that
are paid in full by the Indemnifying Party. An Indemnified Party shall, subject
to its reasonable business needs, use reasonable efforts to minimize the
indemnification sought from the Indemnifying Party hereunder. Notwithstanding
the foregoing, no investigation by an Indemnified Party at or prior to the
Closing shall relieve an Indemnifying Party of any liability hereunder, unless
the Indemnified Party seeks indemnity in respect of a representation or warranty
which it actually had reason to believe to be incorrect as a result of its
investigation prior to the Closing and the Indemnified Party intentionally
failed to bring such belief to the attention of the Indemnifying Party prior to
the Closing.

                  (e) Nothing in this Section 14.2 shall limit Buyer's or
Seller's rights or remedies for misrepresentations, breaches of this Agreement
or any other action or inaction by the other party hereto.

         BROKER'S FEES. Seller has entered into an agreement with BankSite
whereby certain fees will be due to BankSite. Such fees will be borne solely by
Seller. With the exception of such engagement by Seller of BankSite, each of the
Parties represents and warrants to the other that it has dealt with no broker or
finder in connection with any of the transactions contemplated by this
Agreement, and that no action has been taken that would give rise to any valid
claim for brokerage commission, finder's fee or other like commission. Buyer and
Seller each undertake to indemnify and hold each other harmless against any

                                       30
<PAGE>

loss, liability, damage, cost, claim or expense incurred by reason of any
brokerage commission, or finder's fee alleged to be payable because of any act,
omission or statement of the indemnifying Party.

         14.3 PUBLICITY AND NOTICES. Prior to the announcement of this Agreement
to the Employees, both Parties will limit the distribution of information
relative to the transaction to those persons who must be aware of this Agreement
for the performance of their duties. No Party will issue a press release
announcing this Agreement or the transactions described herein to the public nor
make any public announcements of this Agreement or the transactions described
herein, without consulting with and obtaining approval of the other Party, which
approval shall not be unreasonably withheld, and in any event such initial
announcement shall not be made prior to notification to the Employees. Each
Party agrees to forward copies of any and all written public statements
following the initial announcement to the other Party for review and to consult
with such other Party with respect to any comments such Party may have for one
(1) Business Day after receipt by such Party of such proposed written statement.

         14.4 [INTENTIONALLY OMITTED]

         14.5 ATTORNEYS' FEES. Each Party shall bear the cost of its own
attorneys' fees incurred in connection with the preparation of this Agreement
and consummation of the transactions described herein. Notwithstanding the
foregoing, in any action between the Parties seeking enforcement of any of the
terms and provisions of this Agreement, the prevailing Party in such action
shall be awarded, in addition to damage, injunctive or other relief, its
reasonable costs and expenses, not limited to taxable costs, and reasonable
attorneys' fees and expenses.

         14.6 SALES AND TRANSFER TAXES. All excise, sales, use, transfer,
documentary transfer taxes and recording taxes and any other taxes or
assessments which are payable or arise as a result of this Agreement or the
consummation of the transfer of the Assets and Deposits to Buyer as contemplated
hereby (except income taxes determined by reference to the income of one of the
Parties) shall be paid by Buyer to Seller (i) upon the closing of the escrows
for the Real Property of (ii) upon Buyer's receipt of satisfactory evidence that
Seller has paid such taxes or is legally obligated to pay such taxes (and that
such taxes have not already been paid through escrow). Seller shall report such
tax (excluding real property taxes that are prorated) on Seller's sales tax
return.

         14.7 NOTICES. All notices, requests, demands and other communication
given or required to be given under this Agreement shall be in writing, duly
addressed to the Parties as follows:

       To Seller:               Fidelity Federal Bank, FSB
                                4565 Colorado Boulevard
                                Los Angeles, CA  90039
                                Attn: Senior Vice President, Retail Operations

       With a Copy to:          Fidelity Federal Bank, FSB
                                4565 Colorado Boulevard
                                Los Angeles, CA  90039
                                Attn: General Counsel

       To Buyer:                First Federal Bank of California

                                       31
<PAGE>

                                401 Wilshire Boulevard
                                Santa Monica, California 90401
                                Attn: James P. Giraldin, Chief Operating Officer

       With a copy to:          First Federal Bank of California
                                401 Wilshire Boulevard
                                Santa Monica, California 90401
                                Attn: Ann Lederer, General Counsel

         Any such notice sent by registered or certified mail, return receipt
requested, shall be deemed to have been duly given and received seventy-two (72)
hours after the same is addressed and mailed with postage prepaid. Notice sent
by any other manner shall be effective only upon actual receipt thereof.

         14.8 ARM'S LENGTH TRANSACTION. This Agreement has been negotiated at
arm's length and between persons sophisticated and knowledgeable in the matters
dealt with this Agreement. In addition, each Party has been represented by
experienced and knowledgeable legal counsel. Accordingly, any rule of law
(including California Civil Code Section 1654) or legal decision that would
require interpretation of any ambiguities in this Agreement against the Party
that has drafted it is not applicable and is waived. The provisions of this
Agreement shall be interpreted in a reasonable manner to effect the purposes of
the Parties and this Agreement.

         14.9 SUCCESSORS AND ASSIGNS. All of the terms and provisions of this
Agreement shall be binding upon and inure to the benefit of the Parties hereto
and their respective transferees, successors and assigns, but this Agreement may
not be assigned by any Party without the prior written consent of the other and
any attempted assignment by a Party without the other Party's consent shall be
null and void; provided, however, that the foregoing shall not prohibit or
require the consent of the other Party for an assignment by a Party in
connection with a merger or consolidation of such party with, or the sale of a
substantial portion of such Party's assets with, another federally insured
depository institution, provided such assignment shall not occur until the
expiration of one hundred and twenty (120) days from the later to occur of the
Closing Date or the Conversion Date.

         14.10 THIRD PARTY BENEFICIARIES. Each Party hereto intends that this
Agreement shall not benefit or create any right or cause of action in or on
behalf of any person other than the Parties hereto.

         14.11 GOVERNING LAW; VENUE. This Agreement shall be governed by and
construed in accordance with the laws of the State of California without regard
to the conflict of law provisions of the laws of such state. The Parties hereto
expressly submit to the exclusive jurisdiction and venue of the Superior Court
of the County of Los Angeles or the United States District Court for the Central
District of California (the "California Courts"). Subject to the arbitration
provisions of this Agreement, any action, suit or proceeding arising out of, or
relating to, this Agreement or any agreement or instrument delivered under this
Agreement, the subject matter thereof or the transactions contemplated hereby
shall be brought in the California Courts, and in such event the parties hereto
irrevocably submit themselves to the exclusive jurisdiction of the California
Courts and hereby waive, for themselves and their respective successors and
assigns, all rights they may have to bring or have tried elsewhere any such
action, suit or proceeding.

                                       32
<PAGE>

14.12    ARBITRATION.

         NOTICE: BY INITIALLING IN THE SPACE BELOW, EACH PARTY IS AGREEING TO
HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE DISPUTE RESOLUTION
PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND EACH
PARTY IS GIVING UP ANY RIGHTS SUCH PARTY MIGHT POSSESS TO HAVE THE DISPUTE
LITIGATED IN A COURT BY JURY TRIAL. BY INITIALLING IN THE SPACE BELOW EACH PARTY
IS GIVING UP ITS JUDICIAL RIGHTS TO DISCOVERY AND APPEAL UNLESS SUCH RIGHTS ARE
SPECIFICALLY INCLUDED IN THE DISPUTE RESOLUTION PROVISION. IF ANY PARTY REFUSES
TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, SUCH PARTY MAY BE
COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL
PROCEDURE. EACH PARTY'S AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY.

         WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES
ARISING OUT OF THE MATTERS INCLUDED IN THE DISPUTE RESOLUTION PROVISION TO
NEUTRAL ARBITRATION.

                                    ---------

                                Buyer's Initials

                                    ---------

                                Seller's initials

         IF ANY DISPUTES OR CONTROVERSIES ARISE BETWEEN THE PARTIES IN
CONNECTION WITH THIS AGREEMENT, ITS INTERPRETATION, OR THE ACTS OR DUTIES OF THE
PARTIES HEREUNDER OR UNDER ANY DOCUMENT DELIVERED HEREUNDER, SUCH DISPUTES OR
CONTROVERSIES SHALL BE SUBMITTED TO AND RESOLVED BY BINDING ARBITRATION IN
ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA AND THE COMMERCIAL
ARBITRATION RULES OF THE AMERICAN ARBITRATION ASSOCIATION. ALL ARBITRATION
PROCEEDINGS SHALL BE CONDUCTED IN LOS ANGELES, CALIFORNIA BY A SINGLE
ARBITRATOR. THE DECISION OR AWARD OF THE ARBITRATOR SHALL BE FINAL AND BINDING,
AND JUDGMENT THEREON MAY BE ENTERED IN A CALIFORNIA COURT, AND THEREAFTER IN THE
COURT OF ANY SISTER STATE. IT IS UNDERSTOOD THAT THE ARBITRATOR SHALL HAVE NO
AUTHORITY TO ADD TO, SUBTRACT FROM, OR MODIFY ANY PROVISION OF THIS AGREEMENT.

         14.13 ENTIRE AGREEMENT. This Agreement, including all schedules and
exhibits, contains all of the agreements of the Parties to it with respect to
the matters contained herein and no prior or contemporaneous agreement or
understanding, oral or written, pertaining to any such matters shall be
effective for any purpose. No provision of this Agreement may be amended or
added to except by an agreement in writing signed by the Parties hereto or their
respective successors in interest and expressly stating that it is an amendment
of this Agreement.

                                       33
<PAGE>

         14.14 HEADINGS. The headings of this Agreement are for purposes of
reference only and shall not limit or define the meaning of the provisions of
this Agreement.

         14.15 SEVERABILITY. If any paragraph, section, sentence, clause or
phrase contained in this Agreement shall become illegal, null or void or against
public policy, for any reason, or shall be held by any court of competent
jurisdiction to be illegal, null or void or against public policy, the remaining
paragraphs, sections, sentences, clauses or phrases contained in this Agreement
shall not be affected thereby.

         14.16 WAIVER. The waiver of any breach of any provision under this
Agreement by any Party hereto shall not be deemed to be a waiver of any
preceding or subsequent breach under this Agreement. Any waiver of any provision
of this Agreement shall be in writing executed by the party granting such
waiver.

         14.17 NUMBER(S). Whenever the context of this Agreement so requires,
the singular includes the plural, the plural includes the singular, the whole
includes any part thereof.

         14.18 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be an original but all of which shall
constitute one and the same instrument

         14.19 TIME IS OF THE ESSENCE. TIME IS OF THE ESSENCE OF EACH AND EVERY
PROVISION OF THIS AGREEMENT.

         14.20 WAIVER OF SPECIFIC PERFORMANCE AND LIS PENDENS. In the event the
transactions do not occur due to a material default by Seller, Buyer as its sole
remedy shall be entitled to damages in accordance with the provisions of this
Agreement or otherwise available under law. As a material consideration to
Seller's entering into this Agreement with Buyer, Buyer waives any right (a) to
record or file a notice of lis pendens or notice of pendency of action or
similar notice against any of the Real Estate or (b) in any instance where
Seller has first initiated an action, proceeding or arbitration alleging a
material default by Buyer, to pursue an action for specific performance of this
Agreement.

                                       34
<PAGE>

         IN WITNESS WHEREOF, the Parties hereto have duly authorized and
executed this Agreement as of the date first above written.

FIDELITY FEDERAL BANK,                          FIRST FEDERAL BANK OF CALIFORNIA
A Federal Savings Bank

By: /s/ JAMES E. STUTZ                          By:  /s/ JAMES P. GIRALDIN
    -------------------------------------            ---------------------------
    JAMES E. STUTZ                                   JAMES P. GIRALDIN
    President and Chief Operating Officer       Its: Chief Operating Officer

                                                By:  /s/ ANN LEDERER
                                                     ---------------------------
                                                     ANN LEDERER
                                                Its: Secretary

                                       35
<PAGE>

                                  SCHEDULE 1.1

BRANCH NAME                                 ADDRESS
-----------                                 -------

<PAGE>

                                    EXHIBIT A
                                    ---------

                       ASSIGNMENT AND ASSUMPTION AGREEMENT
                       -----------------------------------

                              [SEPARATELY PROVIDED]

<PAGE>

                                    EXHIBIT B
                                    ---------

               GENERAL BILL OF SALE AND ASSIGNMENT AND ASSUMPTION

         FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
Fidelity Federal Bank, a Federal Savings Bank (the "Seller"), pursuant to the
Agreement to Purchase Assets and Assume Liabilities dated ________ (the
"Agreement"), by and between Seller and FIRST FEDERAL BANK OF CALIFORNIA, a
federally chartered savings bank (the "Buyer"), hereby sells, transfers, grants,
delivers, and assigns to Buyer all of the right, title and interest of Seller in
and to the Account Loans, Records, Safe Deposit Boxes, Cash on Hand, Fixed
Assets listed on Schedule 1 attached hereto and service and maintenance
contracts listed on Schedule 2 attached hereto ("Contracts"). Capitalized terms
not defined herein shall have the meanings assigned to them in the Agreement.

         Seller represents and warrants to Buyer that it has good and marketable
title to each and all of the items and things sold, transferred and conveyed,
that it has the full right to transfer such good and marketable title to Buyer,
that each of such items and things now is, and upon delivery to Buyer will be,
free and clear of all security interests, and all other liens, Encumbrances and
adverse claims, and that Buyer will have peaceful possession and quiet enjoyment
thereof from and after the date hereof.

         In furtherance of the foregoing, Seller hereby appoints Buyer, its
successors and assigns, the true and lawful attorney-in-fact of Seller with full
power of substitution, in the name of Seller but for the benefit and at the
expense of Buyer (1) to collect for the account of Buyer all items hereby sold,
transferred and assigned to Buyer and (2) to institute and prosecute all actions
or proceedings which Buyer may deem proper in order to collect, assert or
enforce any claim, right or title of any kind in or to the property hereby sold,
transferred and assigned, to defend or compromise any and all claims, acts,
writs or proceedings in respect to any of such property and to do all such other
acts and things in relation thereto as Buyer shall deem advisable. This power of
attorney is coupled with an interest.

         Buyer assumes and agrees to pay the obligations and liabilities of the
Seller under the Contracts accruing on and after the Closing Date.

         Seller shall indemnify, hold harmless and, at the option of Buyer,
defend Buyer from and against any and all claims, liabilities, damages, costs
and expenses (including, but not limited to, reasonable attorneys' fees, court
costs and litigation expenses) relating to any of the assets herein transferred
arising from any act or failure to act of Seller before or on the date hereof,
or arising out of a violation of the warranty of title hereinabove set forth.

         Buyer shall indemnify, hold harmless and, at the option of Buyer,
defend Seller from and against any and all claims, liabilities, damages, costs
and expenses (including, but not limited to, reasonable attorneys' fees, court
costs and litigation expenses) relating to any of the assets herein transferred
arising from any act or failure to act of Buyer after the date hereof, except
any such claim, liability, cost or expense caused by the gross negligence or
willful act of Seller.

         In the event of any conflict between the terms hereof and the terms of
the Agreement, the terms of the Agreement shall prevail.

                                       A-2
<PAGE>

         This Bill of Sale may be executed in one or more counterparts, all of
which taken together shall constitute one instrument.

         IN WITNESS WHEREOF, Buyer and Seller have executed this Bill of Sale as
of                  .
   -----------------

FIDELITY FEDERAL BANK,                          FIRST FEDERAL BANK OF CALIFORNIA
A Federal Savings Bank

By:                                             By:
    -------------------------------------            ---------------------------
    James E. Stutz                                   James P. Giraldin
    President and Chief Operating Officer       Its: Chief Operating Officer

                                                By:
                                                     ---------------------------
                                                     ANN LEDERER
                                                Its: Secretary

                                      A-3
<PAGE>

                                    EXHIBIT C
                                    ---------

                        ASSUMPTION OF DEPOSIT LIABILITIES

         For value received, FIRST FEDERAL BANK OF CALIFORNIA, a federally
chartered savings bank (the "Buyer"), executes and delivers this Assumption of
Deposit Liabilities (the "Assumption") to Fidelity Federal Bank, a Federal
Savings Bank (the "Seller"), in accordance with that certain Agreement to
Purchase Assets and Assume Liabilities dated           by and between Seller and
Buyer (the "Agreement"). Capitalized terms as used in this Assumption have the
meanings assigned to them in the Agreement.

         By its execution of this Assumption, Buyer assumes and agrees to pay
the Deposit liabilities of the Seller to the holders of Deposits domiciled at
the Seller's Branches for the amounts of such accounts or deposits, including
interest accrued thereon, as of the Closing Date, in accordance with the
Agreement and the terms of such Deposits in effect as of the Closing Date. Buyer
may administer such Deposit accounts acquired from Seller pursuant to Buyer's
own internal policies and procedures, and Buyer shall have no liability or
obligation to maintain in effect the policies and procedures of Seller governing
administration of the Deposit accounts before the Closing Date; provided,
however, that Buyer and not Seller shall be responsible for properly
implementing with affected customers any such changes in policies and procedures
governing administration of the Deposit accounts, and Buyer and not Seller shall
be liable for any damages, claims or losses, including costs and attorneys'
fees, resulting from any claims that such changes were improperly implemented.

         Notwithstanding anything to the contrary contained in this Assumption
or in the Agreement, Buyer does not assume and shall have no liability for any
debts, liabilities, or obligations of Seller of any kind whatsoever except as
specifically set forth in this Assumption or the Agreement.

         This Assumption will not create in any third party (including
account-holders) any rights or remedies against Buyer which such party did not
have against Seller prior to the execution and delivery of this Assumption with
respect to the liabilities and obligations specifically assumed hereby.

         By its execution of this Assumption, Buyer acknowledges that it has
reviewed the Deposit liabilities described above, and agrees to assume those
liabilities upon the terms contained in this Assumption and in the Agreement.

         In the event of any conflict between the terms hereof and the terms of
the Agreement, the terms of the Agreement shall prevail.

<PAGE>

         This Assumption of Deposit Liabilities is executed to be effective as
of 11:59 p.m. on ________________.

FIRST FEDERAL BANK OF CALIFORNIA

By:
    ----------------------------
     James P. Giraldin
Its: Chief Operating Officer

By:
    ----------------------------
     Ann Lederer
Its: Secretary

                                      B-2
<PAGE>

                                    EXHIBIT D
                                    ---------

                               RETIREMENT ACCOUNTS

                               TRANSFER AGREEMENT

                                  EXAMPLE ONLY

         This Agreement (the "Transfer Agreement") is made between FIDELITY
FEDERAL BANK, A FEDERAL SAVINGS BANK, a federally chartered savings bank
("Seller") and FIRST FEDERAL BANK OF CALIFORNIA, a federally chartered savings
bank ("Buyer"). Capitalized terms not defined herein shall have the meanings
assigned to them in that certain Agreement to Purchase Assets and Assume
Liabilities made and entered into as of by and between Seller and Buyer (the
"Agreement"). Capitalized terms not otherwise defined herein shall have the
meanings ascribed to such terms in the Agreement.

                                    RECITALS
                                    --------

         A. Seller has served as trustee with respect to certain Retirement
Accounts, sponsored by the Western League of Savings Institutions or its
predecessor (the "League"), (collectively, the "Plans"), the funds of which are
domiciled at the Branches as defined in the Agreement.

         B. Pursuant to the Agreement, Buyer is acquiring from Seller certain
Deposits, including Deposits holding funds of the Plans.

         C. In connection with the acquisition of such Deposits, Buyer will
succeed to the trusteeship of the Plans and become successor trustee in the
place of Seller.

         D. The Parties deem it necessary and advisable to execute this Transfer
Agreement in order to describe the terms of transfer of the Plans and the duties
and responsibilities of the Parties with regard thereto.

         E. Execution of this Transfer Agreement is a condition to and an
element of the consideration for the execution by the Parties of the Agreement.

                            (continued on next page)

<PAGE>

         Now, therefore, in consideration of premises stated, above, the mutual
promises contained herein, and other good and valuable consideration, the
receipt and sufficiency of which the Parties hereby acknowledge, the Parties
hereby agree as follows:

                                   ARTICLE I

                                   DEFINITIONS

         1.1 With respect to the sale of certain Assets and the assumption of
certain liabilities relating to the Branches, resigning trustee shall mean
Seller and successor trustee shall mean Buyer.

                                   ARTICLE II

         2.1 As of the Closing Date, or such other date and time as the Parties
may fix (the "Transfer Date"), the resigning trustee shall assign, transfer and
deliver to the successor trustee as set forth in the Agreement, funds and
Deposits, domiciled in resigning trustee's Branch. Furthermore, at least thirty
(30) days prior to the Closing Date, the resigning trustee shall request the
League to remove the resigning trustee as trustee of such Plans and appoint the
successor trustee effective as of the Closing Date.

         2.2 Prior to the Transfer Date, the successor trustee shall notify
participants of each Plan acquired by successor trustee of the removal of the
resigning trustee as trustee and appointment of the successor trustee.

         2.3 After the Transfer Date, the successor trustee shall not accept any
new plans naming the resigning trustee as trustee, nor shall the successor
trustee use any advertising, materials, plan documents, or any other printed
matter referring to the resigning trustee as trustee of any Retirement Accounts
sponsored by the League.

         2.4 The resigning trustee shall prepare and file all required year-end
reports for all activity under the Plans transferred to successor trustee,
including, but not limited to, IRS form 1099R and IRS form 5498 for the portion
of the calendar year 2000 to and including the Transfer Date. The successor
trustee shall prepare and file such reports, where applicable, for the balance
of the calendar year 2000 and thereafter, so long as the successor trustee
remains as the trustee. It is further agreed that the resigning trustee and
successor trustee will each report their portion of withholding for such Plans
to the appropriate state and federal agencies.

         2.5 In the event that the resigning trustee receives, after the
Transfer Date, any documents, correspondence or other written materials relating
to the Plans transferred to successor trustee, the resigning trustee will
forward such items to the successor trustee with a written explanation of such
items. The resigning trustee agrees to answer reasonable inquiries from the
successor trustee pertaining to the Plans or to any pending transaction or items
received after the Transfer Date.

         2.6 Annual Transaction and Trustee fees for 2000 shall be collected by
the Seller provided that if the Closing occurs prior to the time which Seller in
the ordinary course would collect such fees such fees shall be collected by
Buyer. The successor trustee may assess any fees per Plan for 2001 and
thereafter pursuant to its own policies and procedures.

                                      C-2
<PAGE>

         2.7 On or before the Transfer Date, the resigning trustee shall deliver
to the successor trustee all original or legible certified copies of (i) all
documents executed by the depositors of the Plans to be transferred to successor
trustee, including, but not limited to, all adoption agreements, membership
agreements, plan amendments, and beneficiary forms, and (ii) all other records
and information necessary to allow the successor trustee to administer and
conduct business with respect to such Plans.

         2.8 On or before the Transfer Date, the resigning trustee agrees to
provide the successor trustee with a complete and up-to-date listing of:

                  (a) any and all participants of the Plans transferred to
successor trustee that have reached age 70-1/2 by 2000, and prior year balances
required for calculations of mandatory distributions;

                  (b) any or all Plans at resigning trustee's Branch receiving
periodic distributions, the method of calculation for arriving at such amounts
distributed, and copies of the approved distribution forms:

                  (c) any and all Plans on the resigning trustee's system on
deposit at the Branches;

                  (d) any and all Plans at the resigning trustee's Branch
currently not exempted from either federal tax withholding or state tax
withholding, or both, and current filing status for each participant where
withholding may apply; and

                  (e) any and all Plans at resigning trustee's Branch where the
Plan participant has died and the date of death (if known) and a legible copy of
the death certificate when available.

         2.9 The successor trustee agrees to indemnify and hold harmless the
resigning trustee, its Affiliates and successors from (i) any and all losses,
costs (including reasonable attorneys' fees), expenses, damages, liabilities or
penalties of every kind whatsoever that the resigning trustee, its Affiliates,
successors, directors, officers, employees, or agents may incur as a result of
the successor trustee's failure to perform its obligations under this Transfer
Agreement; and (ii) any penalties, taxes or other liabilities which might arise
in the event any act or omission by the successor trustee after the Transfer
Date results in disqualification of any Plan acquired from the resigning
trustee.

         2.10 The resigning trustee agrees to indemnify and hold harmless the
successor trustee, its Affiliates and successors from any and all losses, costs
(including reasonable attorneys' fees), expenses, damages, liabilities, or
penalties that the successor trustee, its Affiliates, successors, directors,
officers, employees, or agents may incur as a result of any act, omission, or
breach of fiduciary obligation by the resigning trustee prior to the Transfer
Date or in fulfillment of its obligations under this Transfer Agreement.

         2.11 After the Transfer Date, the successor trustee shall have no
further liability or obligation to the resigning trustee with respect to the
Plans transferred to the successor trustee, except as otherwise provided herein.

         2.12 If any action or proceeding is brought by either Party against the
other pertaining to or arising out of this Transfer Agreement, the final

                                      C-3
<PAGE>

prevailing Party shall be entitled to recover all costs and expenses, including
reasonable attorneys' fees, incurred on account of such action or proceeding.

         2.13 This Transfer Agreement may be executed in any number of
counterparts, each of which shall be an original but all of which constitute one
and the same instrument.

         2.14 Resigning trustee shall retain documentation of Plan activity
prior to the Transfer Date for a period required by law for normal retention,
and shall retain responsibility for answering reasonable, written inquiries from
the successor trustee pertaining to Plan activity prior to the Transfer Date,
including (but not limited to) information relating to account histories and
Plan distributions, transfers and contributions.

         Prior to the Transfer Date, resigning trustee shall ensure that all
accounts at the Branches, if any, under Plans that also have accounts not held
at the Branches, are transferred.

         Executed this      day of                   , 2000
                       ----        ------------------

FIDELITY FEDERAL BANK,                          FIRST FEDERAL BANK OF CALIFORNIA
A Federal Savings Bank

By:                                             By:
    -------------------------------------            ---------------------------
    James E. Stutz                                   James P. Giraldin
    President and Chief Operating Officer       Its: Chief Operating Officer

                                                By:
                                                     ---------------------------
                                                     ANN LEDERER
                                                Its: Secretary

                                      C-4
<PAGE>

                                TABLE OF CONTENTS
                                   (CONTINUED)
                                                                            PAGE

RECITALS              .........................................................1

AGREEMENT             .........................................................1

ARTICLE I             .........................................................1

DEFINITIONS           .........................................................1

ARTICLE II            .........................................................4

TERMS OF PURCHASE AND ASSUMPTION...............................................4

         2.1      Purchase and Sale of Assets..................................4

         2.2      Purchase Price...............................................5

         2.3      Assumption of Liabilities....................................5

ARTICLE III           .........................................................6

INSPECTION OF ASSETS AND REAL ESTATE VALUATION.................................6

         3.1      Valuation of Real Estate.....................................6

         3.2      Due Diligence Review, Inventory and Inspection...............7

         3.3      Other Documents..............................................7

ARTICLE IV            .........................................................8

CLOSING               .........................................................8

         4.1      Closing......................................................8

         4.2      Settlement...................................................8

         4.3      Post-Closing Adjustments.....................................9

         4.4      Deliveries at Closing........................................9

ARTICLE V             .........................................................9

REPRESENTATIONS AND WARRANTIES OF BUYER........................................9

         5.1      Organization.................................................9

         5.2      Authority....................................................9

         5.3      Compliance with Other Instruments and Law....................9

         5.4      No Breach....................................................9

         5.5      Litigation..................................................10

         5.6      Governmental Notices........................................10

         5.7      Regulatory Approvals........................................10

         5.8      Consents....................................................10

                                       i
<PAGE>

                                TABLE OF CONTENTS
                                   (CONTINUED)
                                                                            PAGE

ARTICLE VI            ........................................................10

REPRESENTATIONS AND WARRANTIES OF SELLER......................................10

         6.1      Organization................................................10

         6.2      Authority...................................................10

         6.3      Compliance with Other Instruments and Law...................10

         6.4      No Breach...................................................11

         6.5      Litigation..................................................11

         6.6      Title to Assets.............................................11

         6.7      TIN Certification...........................................11

         6.8      Account Loan Enforceability.................................11

         6.9      Safe Deposit Boxes..........................................11

         6.10     Insurance...................................................11

         6.11     Taxes.......................................................11

         6.12     Records.....................................................12

         6.13     Service and Maintenance Contracts...........................12

         6.14     Regulatory Approvals........................................12

         6.15     Consents....................................................12

         6.16     Operation...................................................12

         6.17     Condemnation................................................12

         6.18     Hazardous Substances........................................12

ARTICLE VII           ........................................................13

COVENANTS OF BUYER    ........................................................13

         7.1      Assistance in Obtaining Regulatory Approvals................13

         7.2      Performance of Liabilities..................................13

         7.3      Consents and Notices........................................13

         7.4      Further Assurances..........................................13

         7.5      Confidentiality.............................................13

ARTICLE VIII          ........................................................14

COVENANTS OF SELLER   ........................................................14

         8.1      Assistance in Obtaining Regulatory Approvals................14

                                       ii
<PAGE>

                                TABLE OF CONTENTS
                                   (CONTINUED)
                                                                            PAGE

         8.2      Consents and Notices........................................14

         8.3      Access to Records and Information; Personnel; Customers.....14

         8.4      Conduct of Business Pending Closing.........................15

         8.5      Books and Records...........................................16

         8.6      Insurance Policies..........................................16

         8.7      Further Assurances..........................................16

         8.8      Consents....................................................17

         8.9      Operation of Branches.......................................17

         8.10     Service and Maintenance Contracts...........................17

         8.11     Signs.......................................................18

         8.12     Material Changes............................................18

         8.13     Confidentiality.............................................18

         8.14     Repurchase of Certain Account Loans and Deposits............18

ARTICLE IX            ........................................................19

NON-COMPETITION       ........................................................19

         9.1      Solicitation................................................19

         9.2      Non-Competition.............................................19

ARTICLE X             ........................................................19

CONDITIONS TO CLOSING ........................................................19

         10.1     Conditions to the Obligations of Buyer......................19

         10.2     Conditions to the Obligations of Seller.....................21

TERMINATION           ........................................................22

         11.1     Conditions for Termination..................................22

         11.2     Effect of Termination.......................................23

ARTICLE XII           ........................................................23

EMPLOYEES             ........................................................23

         12.1     Employees...................................................23

         12.2     Employee Benefits...........................................23

ARTICLE XIII          ........................................................24

OTHER AGREEMENTS      ........................................................24

                                       iii
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                                TABLE OF CONTENTS
                                   (CONTINUED)
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         13.1     Notices to Depositors.......................................24

         13.2     Safe Deposit Boxes..........................................24

         13.3     Incoming Deposits and Mail..................................24

         13.4     Returned Items..............................................24

         13.5     ACH Items and Wire Transfers................................25

         13.6     Checking Accounts...........................................25

         13.7     Holds.......................................................26

         13.8     Retirement Accounts.........................................26

         13.9     Card Processing.............................................26

         13.10    Data Processing Conversion..................................27

         13.11    Interest Reporting..........................................27

         13.12    Withholding.................................................27

         13.13    Taxpayer Information........................................28

         13.14    Post-Closing Deposit Item Processing........................28

         13.15    Seller's Cooperation........................................29

ARTICLE XIV           ........................................................29

GENERAL PROVISIONS    ........................................................29

         14.1     Survival....................................................29

         14.2     Indemnification.............................................29

         14.3     Broker's Fees...............................................30

         14.4     Publicity and Notices.......................................31

         14.5     Incorporation of Exhibits...................................31

         14.6     Attorneys' Fees.............................................31

         14.7     Sales and Transfer Taxes....................................31

         14.8     Notices.....................................................31

         14.9     Arm's Length Transaction....................................32

         14.10    Successors and Assigns......................................32

         14.11    Third Party Beneficiaries...................................32

         14.12    Governing Law; Venue........................................32

         14.13    Arbitration.................................................32

                                       iv
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                                TABLE OF CONTENTS
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         14.14    Entire Agreement............................................33

         14.15    Headings....................................................34

         14.16    Severability................................................34

         14.17    Waiver......................................................34

         14.18    Number(s)...................................................34

         14.19    Counterparts................................................34

         14.20    Time is of the Essence......................................34

         14.21    Waiver of Specific Performance and Lis Pendens..............34

Schedule 1.1 LIST OF BRANCHES
Exhibit A - REAL PROPERTY SALE AGREEMENT AND ESCROW INSTRUCTIONS
Exhibit B - GENERAL BILL OF SALE AND ASSIGNMENT AND ASSUMPTION
Exhibit C - ASSUMPTION OF DEPOSIT LIABILITIES
Exhibit D - RETIREMENT ACCOUNTS TRANSFER AGREEMENT

                                       v
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