Document:

<PAGE>   1
                                                                    Exhibit 10.1

                   SIXTH AMENDMENT TO RESTATED LOAN AGREEMENT
                   ------------------------------------------

         THIS SIXTH AMENDMENT TO RESTATED LOAN AGREEMENT ("Amendment"), is
entered into as of the 31st day of May, 2001, by and between METROPOLITAN
FINANCIAL CORP., an Ohio Corporation (the "Borrower"), ROBERT M. KAYE (the
"Guarantor") and THE HUNTINGTON NATIONAL BANK (the "Bank").

                                   WITNESSETH
                                   ----------

         WHEREAS, the Borrower and the Bank entered into a Restated Loan
Agreement on October 16, 1996 which was effective as of February 22, 1995, and
which restated the Loan Agreement dated February 22, 1995 between the parties
hereto (such Loan Agreement, as amended by the amendments thereto and as
restated by such Restated Loan Agreement, as amended by the First Amendment
thereto dated March 31, 1998, the Second Amendment thereto dated December 18,
1998, the Third Amendment thereto dated May 28, 1999, the Fourth Amendment
thereto dated as of May 31, 2000, and the Fifth Amendment thereto dated July 28,
2000, is referred to herein as the "Loan Agreement"); and

         WHEREAS, at the request of the Borrower, the Bank has agreed to modify
certain provisions of the Loan Agreement, including an extension of the maturity
date; and

         WHEREAS, the Borrower and the Bank have agreed to further amend the
Loan Agreement as set forth herein and to enter into this Amendment to
effectuate such agreement. Terms defined in the Loan Agreement shall, unless
otherwise defined herein, have the meaning ascribed therein. All references to
"Paragraphs" or "Sections" herein are references to paragraphs and sections of
the Loan Agreement. and

         NOW, THEREFORE, for valuable consideration, the sufficiency of which is
hereby acknowledged by the parties, the parties do hereby amend the Loan
Agreement and agree as follows:

         1.       The references to the Exhibit in the definition of "Note" and
                  in Section 2.04 are changed from "A-3" to"A-4 ", a copy of
                  which is attached hereto.

         2.       The two references to Twelve Million Dollars ($12,000,000.00)
                  in Section 2.02(A) are hereby changed to Six Million Dollars
                  ($6,000,000.00).

         3.       Bank acknowledges that it holds 4,585,397 shares of stock of
                  Borrower as of the date of the execution of this Amendment.

         4.       Borrower and Guarantor acknowledge that the revolving feature
                  of the Note, as established in the original Loan Agreement, is
                  terminated with respect to Borrower's ability to draw
                  additional funds on the Note prior to maturity.

         5.       Borrower and Guarantor agree that a principal payment in the
                  amount of $1,000,000.00 shall be paid on the Note, on or
                  before December 31, 2001. Failure to make such principal
                  payment by such date shall constitute an Event of Default.

         6.       Guarantor has represented to Bank that he intends to purchase
                  additional shares of stock of the Borrower at a certain rights
                  offering which will be completed during the fourth quarter of
                  2001 (the "Rights Offering"). Guarantor agrees that any shares
                  purchased by him, either directly or beneficially, shall be
                  delivered to Bank as additional collateral to secure the Loan,
                  immediately

<PAGE>   2

                  upon Guarantor's receipt of such certificates. Guarantor
                  agrees that, in any and all events, following the Rights
                  Offering, the shares of the Borrower pledged to Bank will not
                  be less than 50% of all issued and outstanding shares of the
                  Borrower.

         7.       Section 2.02(B) is hereby deleted in its entirety. Any
                  references in the Loan Documents to letters of credit to be
                  issued by the Bank are hereby deleted, and the Borrower agrees
                  that the Bank shall have no obligation to issue any letters of
                  credit pertaining to the Borrower or the Borrower's customers.

         8.       Sections 2.05(A)(1), 2.05(A)(2) and 2.05(A)(3) are hereby
                  deleted in their entirety and the following is substituted in
                  lieu thereof:

                  "(1) Interest on the principal balance of the Loan, from time
                  to time outstanding, will be payable monthly with the first
                  payment due on August 30, 2001, at the Prime Rate in effect
                  from time to time. After maturity (whether maturity is brought
                  about by acceleration in the Event of Default or otherwise),
                  the interest rate shall be two hundred (200) basis points in
                  excess of the higher of-. (i) the interest rate in effect at
                  the time of such maturity or acceleration, as the case may be;
                  or (ii) the Prime Rate in effect from time to time.

                  (2) On December 31, 2002 (the "Maturity Date"), any and all
                  principal, interest, and other Obligations of the Borrower
                  remaining unpaid shall be paid in full by the Borrower. The
                  Borrower acknowledges and agrees that the Bank will not renew
                  and/or extend the Maturity Date beyond December 31, 2002."

                  Any references to such maturity date in any other Amendments
                  to the Loan Agreement are hereby correspondingly referenced to
                  Section 2.05(A)(2).

         10.      Any references in the Loan Documents to LIBOR borrowings are
                  hereby deleted in their entirety.

         11.      Section 2.05(A)(4) is hereby amended to be renumbered as new
                  Section 2.05(A)(3). Any references in the Loan Documents to
                  Section 2.05(A)(4) shall be amended to read "Section
                  2.05(A)(3)."

         12.      Notwithstanding any language to the contrary as referenced in
                  Section 2.10, the Borrower shall pay in full, or reimburse the
                  Bank promptly upon demand for all costs and expenses,
                  including without limitation reasonable attorneys' fees and
                  expenses (including the fees of the Bank's counsel, Porter
                  Wright Morris & Arthur LLP), expended or incurred by the Bank
                  in any arbitration, judicial reference, legal action or
                  otherwise in connection with (a) the negotiation and
                  preparation or the amendment or enforcement of this Amendment
                  and the Loan Documents, including without limitation, during
                  any workout, attempted workout, and/or in connection with the
                  rendering of legal advice as to the Bank's rights, remedies
                  and obligations under this Amendment and any of the Loan
                  Documents, whether or not any form of legal proceeding has
                  commenced, (b) collecting any sum which becomes due the Bank
                  under this Amendment or any of the Loan Documents, (c) any
                  proceeding for declaratory relief, any counterclaim to any
                  proceeding, or any appeal, (d) the protection, preservation or
                  enforcement of any rights or remedies of the Bank or any of
                  the Collateral whether or not any form of legal proceedings is
                  commenced, or (e) any action necessary to defend, protect,
                  assert, or preserve any of the Bank's rights or remedies as a
                  result of or related to any case or proceeding under Chapter
                  11 of the

<PAGE>   3

                  United States Code, as amended, or any similar law of any
                  jurisdiction. All of such costs and expenses shall bear
                  interest from the time of demand at the highest rate then in
                  effect under the Loan Documents or this Amendment.

         13.      The parties acknowledge that there have been violations of the
                  covenant relating to return on assets ("ROA") of Metropolitan
                  Bank and Trust provided for in Section 6.01(H) of the Loan
                  Agreement, and the Bank waives any such violations and the
                  parties shall reset such covenant on terms satisfactory to
                  Bank on or before August 31, 2001.

         14.      The Borrower and Guarantor, hereby release, remise, acquit and
                  forever discharge the Bank and the Bank's employees, agents,
                  representatives, consultants, attorneys, fiduciaries,
                  servants, officers, directors, partners, predecessors,
                  successors and assigns, subsidiary corporations, parent
                  corporations, and related corporate divisions (all of the
                  foregoing hereinafter called the "Released Parties"), from any
                  and all actions and causes of action, judgments, executions,
                  suits, debts, claims, demands, liabilities, obligations,
                  damages and expenses of any and every character, known or
                  unknown, direct and/or indirect, at law or in equity, of
                  whatsoever kind or nature, whether heretofore or hereafter
                  arising, for or because of any matter or things done, omitted
                  or suffered to be done by any of the Released Parties prior to
                  and including the date of execution hereof, and in any way
                  directly or indirectly arising out of or in any way connected
                  to this Amendment or any of the Loan Documents, including but
                  not limited to, claims relating to lender liability and claims
                  relating to any settlement negotiations (all of the foregoing
                  hereinafter called the "Released Matters"). The Borrower and
                  Guarantor acknowledge that the agreements in this paragraph
                  are intended to be in full satisfaction of all or any alleged
                  injuries or damages arising in connection with the Released
                  Matters. The Borrower and Guarantor represent and warrant to
                  Bank that they have not purported to transfer, assign or
                  otherwise convey any right, title or interest of the Borrower
                  or Guarantor in any Released Matter to any other Person and
                  that the foregoing constitutes a full and complete release of
                  all Released Matters.

         15.      Except as expressly provided herein, the Loan Documents shall
                  remain in full force and effect in accordance with their
                  respective terms, and this Amendment shall not be construed to
                  (a) impair the validity, perfection or priority of any lien or
                  security interest securing the Indebtedness; (b) waive or
                  impair any rights, powers or remedies of the Bank under the
                  Loan Documents upon the Maturity Date, with respect to any
                  Events of Default or otherwise; (c) constitute an agreement by
                  the Bank or require the Bank to extend the Maturity Date, or
                  grant additional extension periods, or extend the term of the
                  Loan Agreement or the time for payment of any of the
                  Indebtedness; or (d) make any loans or other extensions of
                  credit to the Borrower after the Maturity Date. The Borrower
                  acknowledges and agrees that, notwithstanding the foregoing
                  and except as modified by this Amendment, (e) the Bank
                  reserves the right to enforce each and every term of this
                  Amendment, the Loan Agreement and the other of the Loan
                  Documents; (f) the Bank's actions in entering into this
                  Amendment shall not be construed as a waiver or relinquishment
                  of, or estoppel to assert, any of the Bank's rights under the
                  Loan Documents or applicable law; and (g) the Bank's actions
                  in entering into this Amendment are without prejudice to the
                  Bank's right to pursue any and all remedies available to it on
                  or after the Maturity Date or immediately upon the occurrence
                  of any Event of Default.

                  In the event of any inconsistency between the terms of this
                  Amendment and any of the Loan Documents, this Amendment shall
                  govern. The Borrower and Guarantor acknowledge that they have
                  consulted with counsel and with such other experts and
                  advisors as they deem it necessary in connection with the
                  negotiation, execution and delivery of this Amendment. This
                  Amendment

<PAGE>   4

                  shall be construed without regard to any presumption or rule
                  requiring that it be construed against the party causing this
                  Amendment or any part hereof to be drafted.

         16.      Guarantor acknowledges that he executed and delivered to the
                  Bank a certain Guaranty of Borrower's Obligations to the Bank
                  on various dates, including but not limited to that certain
                  Guaranty dated July 28, 2000 (collectively, the "Guaranty"),
                  and hereby affirms, ratifies and restates his obligations to
                  the Bank under the Guaranty. The Obligations shall include the
                  Obligations as defined in the Guaranty and as modified
                  pursuant to the Loan Agreement. Guarantor further acknowledges
                  that he executed and delivered to the Bank a certain Pledge
                  and Collateral Assignment Agreement on various dates,
                  including but not limited to that certain Pledge and
                  Collateral Assignment Agreement dated December 18, 1998
                  (collectively, the "Pledge Agreement"), and hereby affirms,
                  ratifies and restates his pledge of shares of stock under the
                  Pledge Agreement, including but not limited to those shares of
                  stock evidenced by certificates previously delivered and now
                  in the Bank's possession. Guarantor agrees to execute new
                  Pledge and Collateral Assignment Agreements as may be
                  requested by bank to facilitate Guarantor's pledge of
                  additional shares of Borrower to Bank. Guarantor consents to
                  the modifications to the Loan Agreement as set forth herein.

         17.      JURY WAIVER. THE UNDERSIGNED AND THE BANK (BY ITS ACCEPTANCE
                  HEREOF) HEREBY VOLUNTARILY, KNOWINGLY, IRREVOCABLY AND
                  UNCONDITIONALLY WAIVE ANY RIGHT TO HAVE A JURY PARTICIPATE IN
                  RESOLVING ANY DISPUTE (WHETHER BASED UPON CONTRACT, TORT OR
                  OTHERWISE) BETWEEN OR AMONG THE UNDERSIGNED AND THE BANK
                  ARISING OUT OF OR IN ANY WAY RELATED TO THIS DOCUMENT, ANY
                  OTHER RELATED DOCUMENT, OR ANY RELATIONSHIP BETWEEN THE BANK
                  AND THE UNDERSIGNED. THIS PROVISION IS A MATERIAL INDUCEMENT
                  TO THE BANK TO PROVIDE THE FINANCING AND AMENDMENT DESCRIBED
                  HEREIN OR IN THE OTHER LOAN DOCUMENTS.

         Except as otherwise provided, all amendments to the Loan Agreement set
forth herein shall be deemed effective from and after the date of this
Amendment. All references in the Loan Agreement to this "Agreement", "hereof',
"herein", "hereunder" or "hereby" shall, from and after the date of this
Amendment, be deemed references to the Loan Agreement as amended by this
Amendment.

         In all other respects, the parties hereto hereby ratify and affirm the
terms and conditions of the Loan Agreement.

         IN WITNESS WHEREOF, the parties hereto have duly executed this
Amendment as of the day and year first above written.

                                              METROPOLITAN FINANCIAL CORP.

  /s/ Robert M. Kaye                          By: /s/ Kenneth T. Koehler
--------------------------------------------     ------------------------------
  Robert M. Kaye                                  Kenneth T. Koehler, President

THE HUNTINGTON NATIONAL BANK

By:   /s/ John R. Macks
  --------------------------------------------
      John R. Macks, Assistant Vice President<PAGE>   1
                                                                    EXHIBIT 10.2

                              SUPERVISORY AGREEMENT

         This Supervisory Agreement (Agreement) is made and is effective this
26th day of July , 2001 (the Effective Date), by and between Metropolitan
Financial Corp., Inc. (the Holding Company) OTS Docket No. H-0229, a savings and
loan holding company, having its main office located at 22901 Millcreek
Boulevard, Highland Hills, Ohio, 44122, and the Office of Thrift Supervision
(OTS), an office within the United States Department of the Treasury, having its
principal executive offices located at 1700 G Street, N.W., Washington, D.C.
20552, acting through its Central Regional Director or his or her designee
(Regional Director). It is understood and agreed that this Agreement is a
"written agreement" entered into with OTS within the meaning of 12 U.S.C. secs.
1818(b)(1) and (i)(2).

         WHEREAS, the OTS is the primary Federal regulator of the Holding
Company; and

         WHEREAS, based on the Holding Company Report of Examination dated
December 27, 2000 (Report of Examination), the OTS is of the opinion that the
Holding Company has engaged in acts and practices that are considered to be
unsafe and unsound; and

         WHEREAS, the OTS is of the opinion that grounds exist for the
initiation of administrative proceedings against the Holding Company; and

         WHEREAS, the OTS is of the view that it is appropriate to take measures
intended to ensure that the Holding Company will engage in safe and sound
practices; and

         WHEREAS, the Holding Company, acting through its Board of Directors
(the Board), without admitting or denying any unsafe and unsound practices,
wishes to cooperate with the OTS and to evidence the intent to engage in safe
and sound practices.

         NOW THEREFORE, in consideration of the above premises and the mutual
undertakings set forth herein, the parties hereto agree as follows:

                                     CAPITAL
                                     -------

(1) Capital Plan
    ------------

         A. By September 28, 2001, the Holding Company shall prepare and adopt a
plan for raising additional capital without increasing the Holding Company's
debt payments or the need for dividends from Metropolitan Bank and Trust

<PAGE>   2

Company ("Plan"). The Plan shall describe the various strategies considered and
the Board's rationale regarding which method of raising capital will be pursued,
the amount of capital to be raised, and a timeframe for infusing the capital
into the Holding Company by December 31 2001.

         B. Within five (5) calendar days following its adoption, the Plan shall
be submitted to the Regional Director for review and non-objection.

         C. After review and non-objection by the Regional Director, the Board
shall implement the Plan and adhere to it in all respects.

         D. Any proposed major deviations from or material changes to the Plan
shall be submitted to the Regional Director at least thirty (30) calendar days
prior to such changes for review and non-objection. If no objection or request
for additional information is received by the Holding Company within five (5)
days following the expiration of such thirty (30) day period, the Holding
Company may go forward with the proposed deviation or change.

         E. On a quarterly basis, beginning with the first calendar quarter
after adoption of the Plan, the Board shall review the progress of the Holding
Company in following the strategies and timeframes set forth in the Plan and
provide a written analysis detailing the actual progress against the projections
in the Plan. This written analysis, detailing any variances, shall be provided
to the Regional Director within sixty (60) calendar days following the close of
each calendar quarter. Minutes of Board and committee meetings shall document
the deliberations, actions, and decisions regarding the analysis.

                               BOARD OF DIRECTORS
                               ------------------

(2) Director Responsibilities
    -------------------------

         Notwithstanding the requirements of this Agreement that the Board
submit various matters to the Regional Director, or his or her designee, for the
purpose of receiving their non-objection or notice of acceptability, such
regulatory oversight does not derogate or supplant each individual member's
continuing fiduciary duty. The Board shall have the ultimate responsibility for
overseeing the safe and sound operation of the Holding Company at all times.

<PAGE>   3

                                     GENERAL
                                     -------
(3) Operating Restrictions
    ----------------------

         A. The Holding Company must file a notice with the Regional Director
prior to adding a director or hiring a senior executive officer or changing the
responsibilities of any senior executive officer so that the person would assume
a different senior executive position (12 C.F.R. Sec. 563.560(a)(1)(ii)); and

         B. The Holding Company is prohibited from making any golden parachute
payments unless the payment is otherwise permitted by regulation (12 C.F.R. Sec.
359.1(f) and Sec. 359.2).

(4) Compliance with Agreement
    -------------------------

         A. The Board and officers of the Holding Company shall take immediate
action to cause the Holding Company to comply with the terms of this Agreement
and shall take all actions necessary or appropriate thereafter to cause the
Holding Company to carry out the provisions of this Agreement.

         B. The Board shall promptly respond to any request from the OTS for
documents that it reasonably requests to demonstrate compliance with this
Agreement.

                                  MISCELLANEOUS
                                  -------------

(5) Definitions
    -----------

         All technical words or terms used in this Agreement for which meanings
are not specified or otherwise provided by the provisions of this Agreement
shall, insofar as applicable, have meanings as defined in Chapter V of Title 12
of the Code of Federal Regulations, the Home Owners' Loan Act (HOLA), Federal
Deposit Insurance Act (FDIA), or OTS Publications. Any such technical words or
terms used in this Agreement and undefined in said Code of Federal Regulations,
HOLA, FDIA, or OTS Publications shall having meanings that are in accordance
with the best custom and usage in the savings and loan industry.

(6) Successor Statutes, Regulations, Guidance, Amendments
    -----------------------------------------------------

         Reference in this Agreement to provisions of federal statutes,
regulations, and OTS Publications shall be deemed to include references to all
amendments to such provisions as have been made. as of the Effective Date and
references to successor provisions as they become applicable.

<PAGE>   4

(7) Notices
    -------

         A. Except as otherwise provided herein, any request, demand,
authorization, directions, notice, consent, waiver, or other document provided
or permitted by this Agreement to be made upon, given or furnished to, delivered
to, or filed with:

         (i)   The OTS, by the Holding Company, shall be sufficient for every
         purpose hereunder if in writing and mailed, first class, postage
         prepaid or sent via overnight delivery service or physically delivered,
         in each case addressed to the Regional Deputy Director, Office of
         Thrift Supervision, Department of the Treasury, One South Wacker Drive,
         Suite 2000, Chicago, Illinois 60606 or telecopied to (312) 9175001, and
         confirmed by first class mail, postage prepaid, overnight delivery
         service or physically delivered, in each case to the above address; and

         (ii)   The Holding Company, by the OTS, shall be sufficient for every
         purpose hereunder if in writing and mailed, first class, postage
         prepaid, or sent via overnight delivery service or physically delivered
         in each case addressed to Metropolitan Financial Corp. at 22901
         MillCreek Boulevard, Highland Hills, Ohio, 44122 or telecopied to (216)
         206-1770, and confirmed by first class mail, postage prepaid, overnight
         delivery service or physically delivered, in each case to the above
         address.

         B. Notices hereunder shall be effective upon receipt, if by mail,
overnight delivery service or telecopy, and upon delivery, if by physical
delivery. If there is a dispute about the date on which a written notice has
been received by a party to this Agreement, then, in the event such notice was
sent by the United States mail, there shall be a presumption that the notice was
received two business days after the date of the postmark on the envelope in
which the notice was enclosed.

(8) Effective Date
    --------------

         A. This Agreement shall become effective upon its execution by the OTS
through its authorized representative whose signature appears below. The
Agreement shall remain in effect until terminated, modified, or suspended, in
writing, by the OTS, acting through its Director, Regional Director, or other
authorized representative.

         B. The Regional Director, in his sole discretion, may, by written
notice, suspend any or all of the provisions of this Agreement.

<PAGE>   5

(9)    Time Limits
       -----------

         Time limits for compliance with the terms of this Agreement run from
the Effective Date, unless otherwise noted. The Regional Director, or his or her
designee, may, in his or her sole discretion, extend any of such time
limitations.

(10)   Effect of Headings
       ------------------

         The Section and paragraph headings herein are for convenience only and
shall not affect the construction hereof.

(11)   Separability Clause
       -------------------

         In case any provision in this Agreement is ruled to be invalid, illegal
or unenforceable by the decision of any court of competent jurisdiction, the
validity, legality and enforceability of the remaining provisions hereof shall
not in any way be affected or impaired thereby, unless the Regional Director in
his sole discretion determines otherwise.

(12)   No Violations of Law, Rule, Regulation or Policy Statement Authorized;
       ----------------------------------------------------------------------
       OTS Not Restricted
       ------------------

         Nothing in this Agreement shall be construed as: (i) allowing the
Holding Company to violate any law, rule, regulation, or policy statement to
which it is subject, or (ii) restricting or estopping the OTS from taking any
actions) that it believes is appropriate in fulfilling the responsibilities
placed upon it by law.

(13)   Successors in Interest/Benefit
       ------------------------------

         The terms and provisions of this Agreement shall be binding upon, and
inure to the benefit of, the parties hereto and their successors in interest.
Nothing in this Agreement, express or implied, shall give to any person or
entity, other than the parties hereto, and the Federal Deposit Insurance
Corporation and their successors hereunder, any benefit or any legal or
equitable right, remedy or claim under this Agreement.

(14)   Integration Clause
       ------------------

         This Agreement represents the final written agreement of the parties
with respect to the subject matter hereof and constitutes the sole agreement of
the parties, as of the Effective Date of this Agreement, with respect to the
subject matter.

<PAGE>   6

(15) Enforceability of Agreement
     ---------------------------

         The Holding Company represents and warrants that this Agreement has
been duly authorized, executed, and delivered, and constitutes, in accordance
with its terms, a valid and binding obligation of the Holding Company. The
Holding Company acknowledges that this Agreement is a "written agreement"
entered into with the OTS within the meaning of Section 8 of the FDIA, 12 U.S.C.
sec. 1818.

         IN WITNESS WHEREOF, the OTS, acting by and through the Regional
Director, and the Holding Company hereby execute this Agreement as of the
Effective Date of this Agreement.

OFFICE OF THRIFT SUPERVISION

By:  /s/ Ronald N. Karr
     ------------------
          Ronald N. Karr,
          Regional Director, Central Region

METROPOLITAN FINANCIAL CORP.
By:  /s/ Robert M. Kaye                        By:  /s/ Alfonse M. Mattia
     ------------------                             ---------------------
         Robert M. Kaye,                                Alfonse M. Mattia,
         Director                                       Director

By:  /s/ Kenneth T. Koehler                    By:  /s/ Ralph D. Ketchum
     ----------------------                         --------------------
         Kenneth T. Koehler,                            Ralph D. Ketchum,
         Director                                       Director

By:  /s/ Malvin E. Bank                        By:  /s/ James A. Karman
     ------------------                             -------------------
         Malvin E. Bank,                                James A. Karman,
         Director                                       Director

By:  /s/ David P. Miller                       By:  /s/ Marguerite B. Humphrey
     -------------------                            --------------------------
         David P. Miller,                               Marguerite B. Humphrey,
         Director                                       Director

By:  /s/ Robert R. Broadbent                   By:  /s/ Lois K. Goodman
     -----------------------                        -------------------
         Robert R. Broadbent,                           Lois K. Goodman,
         Director                                       Director

By:  /s/ Marjorie M. Carlson
     -----------------------
         Marjorie M. Carlson,
         Director

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