EXHIBIT 10(H)

                  AMENDMENT TO CHANGE IN CONTROL SEVERANCE PLAN









                                  AMENDMENT ONE
                             TO MAGNA BANCORP, INC.
                        CHANGE IN CONTROL SEVERANCE PLAN


                            EFFECTIVE MARCH 19, 1997


     The Magna Bancorp,  Inc.  Change in Control  Severance Plan ("the Plan") is
hereby amended effective March 19, 1997, as follows:

     (a) include all  officers  of the Company and its  subsidiaries,  (b) pay a
     flat one year's salary to senior vice presidents and above who experience a
     change in control  separation of service,  (c) pay severance  only to those
     persons who experience a change in control separation of service,  i.e., an
     involuntary  termination  without  cause in  connection  with or  within 18
     months  after a  change  in  control,  and (d)  provide  that  the  maximum
     severance  pool will be $1.8 million to be applied on a "first come,  first
     serve" termination date basis.

     IN WITNESS  WHEREOF,  MAGNA  BANCORP,  INC.  caused this  instrument  to be
executed by its duly  authorized  officers on this 15th day of September,  1997,
effective as of March 19, 1997.

                                            MAGNA BANCORP, INC.

(CORPORATE SEAL)


                                            BY: /s/ Lou Ann Poynter
                                               ---------------------------
                                                LOU ANN POYNTER, PRESIDENT

ATTEST:


BY: /s/ Thelma Beeson
     THELMA BEESON
     ASSISTANT SECRETARY