Exhibit 10.2 - Executive Officer Compensation

     The Board of the Bank, upon the recommendation of the Executive Officer
Compensation Committee, approved the following principal terms of an employment
agreement for Martin E. Plourd, President/Chief Operating Officer, effective
January 1, 2009: (a) $250,000 annual base salary, subject to annual merit
increases; (b) an annual bonus of up to 75% of annual base salary contingent
upon meeting five performance standards (each worth 20% of the bonus amount) to
be established from time to time, and subject to the Bank's satisfactory
condition, as determined by the regulators; the satisfactory condition element
can be waived by the Executive Officer Compensation Committee and the Board of
Directors, if circumstances warrant such a waiver; (c) $1,000 per month car
allowance; (d) participation in medical and other benefit plans offered to
similarly titled employees; (e) continuation of the existing executive
supplemental compensation agreement, with a Bank promise to add a change of
control acceleration provision, if legally allowed to do so, such that
acceleration can occur upon a termination of employment or change of employment
(a good cause termination by Mr. Plourd), under certain circumstances, to be
determined by Mr. Plourd and the Bank, within a period of time after a change of
control; (f) as soon as practicable, and when legally permissible, the Board of
the Company will grant to Mr. Plourd a 50,000 share stock option, one-third of
the option will vest at the end of each of the next three successive 12-month
periods after grant; (g) continuation of Mr. Plourd's existing deferred
compensation plan; (h) continuation of Mr. Plourd's existing split dollar
agreement; (i) upon termination by the Bank without cause, Mr. Plourd would
receive one year's base salary ("Severance Amount"), an amount equal to the most
recent bonus paid to Mr. Plourd and 12 months of medical and dental benefits,
similar to those enjoyed by Mr. Plourd immediately prior to termination; (j)
vesting of outstanding stock options upon a change of control; (k) upon a
termination without cause by either party, Mr. Plourd will relinquish the
Severance Amount if he competes with the Bank (as defined) during the one-year
period after such termination; and (l) all payments upon termination are subject
to the restrictions set forth in Section 409A of the Internal Revenue Code.

As soon as practicable and when legally permissible, Frank Basirico, Chief
Executive Officer, the Board of the Company will grant a 50,000 share stock
option, one-third of the option will vest at the end of each of the next three
successive 12-month periods after grant.