Exhibit 10.3



                                       AMENDMENT

     Reference is made to a Special Termination Agreement dated September 4, 
1986 by and between The Hibernia Savings Bank ("Bank") and Mark A. Osborne 
("Executive").

     WHEREAS, the Executive and the Bank are parties to an Employment 
Agreement dated January 2, 1991;

     WHEREAS, the parties wish to amend the Special Termination Agreement, 
dated September 4, 1986,

     NOW, THEREFORE, for good and valuable consideration, the receipt and 
sufficiency of which are hereby acknowledged, the Bank and the Executive 
agree as follows:

     1. Paragraph 3(a) is amended by adding the words "after a Change in 
        Control" after the word "Bank" in line 3 of paragraph 3.

     2. Paragraph 8 of the Special Termination Agreement dated September 4, 
        1986 is hereby deleted in its entirety and in its place is inserting 
        the following:

             "In the event that the Executive retains legal counsel and/or 
             incurs any other costs or expenses in connection with the
             enforcement of any or all of the Executive's rights under this
             Agreement, the Bank shall pay (or the Executive shall be entitled
             to recover from the Bank, as the case may be) the Executive's
             reasonable attorneys' fees and other reasonable costs and expenses
             in connection with the enforcement of the Executive's rights, 
             regardless of whether the Executive prevails on the merits of such
             claims, so long as such claims are made in good faith";



     3. In all other respects, the terms and provisions of the Special 
        Termination Agreement dated September 4, 1986 shall remain in full force
        and effect.

Executed as of the 2nd day of January, 1991.

                                       THE HIBERNIA SAVINGS BANK


                                       BY: /s/ 
                                           ------------------------------


/s/                                        /s/ Mark A. Osborne
                                           -------------------
                                           MARK A. OSBORNE