KELLER & COMPANY, INC. FINANCIAL INSTITUTION CONSULTANTS

Exhibit 99.1

XXXXXX & COMPANY, INC.

FINANCIAL INSTITUTION CONSULTANTS

000 XXXXX XXXXX XXXXX

SUITE 524

DUBLIN, OHIO 43017

(000) 000-0000

(000) 000-0000 FAX

March 19, 2007

The Board of Directors

La Porte Savings Bank

000 Xxxxxxx Xxxxxx

La Porte, Indiana 46350

Re: Conversion Valuation Agreement

Attn: Xxxxxxx X. Xxxxxxxx

Xxxxxx & Company, Inc. (hereinafter referred to as XXXXXX) hereby proposes to prepare an independent conversion appraisal of La Porte Savings Bank. (“La Porte”), La Porte, Indiana, relating to the stock offering (the “Stock Offering”) of La Porte. XXXXXX will provide a pro forma valuation of the market value of the shares of La Porte to be sold in connection with the Stock Offering, recognizing the proposed acquisition of City Savings Financial Corp. (“CSFC”), the holding company of City Savings Bank, Michigan City, Indiana.

XXXXXX is a financial consulting firm that primarily serves the financial institution industry. XXXXXX is experienced in evaluating and appraising savings institutions and savings institution holding companies. XXXXXX is an approved conversion appraiser for filings with the Office of Thrift Supervision (“OTS”) and the Federal Deposit Insurance Corporation (“FDIC”), and is also approved by the Internal Revenue Service as an expert in bank and thrift stock valuations. Xxxxxx has completed conversion appraisals related to standard conversions, mutual holding company conversions and conversions involving foundations.

XXXXXX agrees to prepare the conversion appraisal in the format required by the FDIC in a timely manner for prompt filing with the FDIC and the Securities and Exchange Commission. XXXXXX will provide any additional information as requested and will complete appraisal updates in accordance with regulatory requirements and based on market conditions.

The appraisal report will provide a detailed description of La Porte and CSFC, including their financial condition, operating performance, asset quality, rate sensitivity position, liquidity level and management qualifications. The appraisal will include a description of La Porte’s and CSFC’s market areas, including both economic and demographic characteristics and trends. An analysis of other publicly-traded thrift institutions will be performed to determine a comparable group, and adjustments to the appraised value will be made based on a comparison of La Porte with the comparable group and recognizing the risk related to an initial public offering and the impact of the acquisition.

In making its appraisal, XXXXXX will rely upon the information in the Subscription and Community Offering Prospectus, including the audited financial statements. Among other factors, XXXXXX will also consider the following: the present and projected operating results and financial condition of La Porte and CSFC; the economic and demographic conditions in La Porte’s and CSFC’s existing marketing areas; pertinent historical financial and other information relating to La Porte and CSFC; a comparative evaluation of the operating and financial statistics of La Porte after the acquisition, with those of other savings institutions; the proposed price per share; the aggregate size of the offering of common stock; the impact of the conversion and acquisition on La Porte’s capital position and earnings potential; La Porte’s proposed initial dividend, if any; and the trading market for securities of comparable institutions and general conditions in the market for such securities. In preparing the appraisal, XXXXXX will rely solely upon, and assume the accuracy and completeness of, financial and statistical information provided by La Porte and CSFC, and will not independently value the assets or liabilities of La Porte in order to prepare the appraisal.

Upon completion of the conversion appraisal, XXXXXX will make a presentation to the board of directors of La Porte to review the content of the appraisal, the format and the assumptions. A written presentation will be provided to each board member as a part of the overall presentation.

For its services in making this appraisal, XXXXXX’x fee will be $35,000, plus out-of-pocket expenses not to exceed $1,000. The appraisal fee will include the preparation of one valuation update and any requested analysis regarding the financial impact of a charitable foundation in the conversion appraisal. All additional valuation updates will be subject to an additional fee of $1,000 each. Upon the acceptance of this proposal, XXXXXX shall be paid a retainer of $3,000 to be applied to the total appraisal fee of $35,000, the balance of which will be payable at the time of the completion of the appraisal.

La Porte agrees, by the acceptance of this proposal, to indemnify XXXXXX and its employees and affiliates for certain costs and expenses, including reasonable legal fees, in connection with claims or litigation relating to the appraisal and arising out of any misstatement or untrue statement of a material fact in information supplied to XXXXXX by La Porte or by an intentional omission by La Porte to state a material fact in the information so provided, except where XXXXXX or its employees and affiliates have been negligent or at fault.

XXXXXX agrees to indemnify La Porte and its employees and affiliates for certain cost and expenses, including reasonable legal fees, in connection with claims or litigation relating to or based upon the negligence or willful misconduct of XXXXXX or its employees or affiliates.

This proposal will be considered accepted upon the execution of the two enclosed copies of this agreement and the return of one executed copy to XXXXXX, accompanied by the specified retainer.

XXXXXX & COMPANY, INC.						LA PORTE SAVINGS BANK
By:		/s/ Xxxxxxx X. Xxxxxx				By:		/s/ Xxxxxxx X. Xxxxxxxx
		Xxxxxxx X. Xxxxxx						Xxxxxxx X. Xxxxxxxx
		President						Chief Financial Officer
March 19, 2007						March 19, 2007
Date						Date