THIS AMENDMENT (the “Amendment”) to the First Federal Savings Bank of the Midwest Supplemental Employees’ Investment Plan for Salaried Employees (the “Plan”) is hereby adopted on the 29th day of January, 2007 by MetaBank (formerly known as First Federal Savings Bank of the Midwest).

RECITALS

WHEREAS , First Federal Savings Bank of the Midwest adopted the Plan effective October 1, 1993 for the benefit of a select group of senior management personnel;

WHEREAS , First Federal Savings Bank of the Midwest subsequently became known as MetaBank (the “Company”);

WHEREAS , Section 7.1 of the Plan authorizes the Company to amend the Plan by action of its Board of Directors; and

WHEREAS , the Company now desires to amend the Plan to comply with final regulations issued under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”);

NOW, THEREFORE , the Company hereby amends the Plan, generally effective January 1, 2008, as follows:

Section 5.1 is amended to read as follows:

5.1 Distribution .  All amounts credited to a Participant’s Supplemental Account, including gains and losses credited in accordance with Section 4.1 of the Plan, shall be distributed to or with respect to the Participant upon the Participant’s separation from service (as defined in Treasury Regulation Section 1.409A-1(h)) with the Company and all affiliates thereof for any reason including death.  Such amounts shall be distributed in a lump sum cash payment within ninety (90) days after the date of the Participant’s separation from service; provided , however, that if the Participant is a “specified employee” (as such term is defined in Code Section 409A and the regulations or other guidance in effect thereunder) on the date of his or her separation from service, the amounts in the Participant