Exhibit 10.6.7 Quaker City Bank Three Year Employment Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Frederic R. McGill dated July 1, 2001.

Exhibit 10.6.7      Quaker City Bank Three Year Employment Agreement Renewal and
                    Extension Acknowledgment between Quaker City Bank and
                    Xxxxxxxx X. XxXxxx dated July 1, 2001.


                                QUAKER CITY BANK
                        THREE YEAR EMPLOYMENT AGREEMENT
                      RENEWAL AND EXTENSION ACKNOWLEDGMENT



Name of Executive:   Xxxxxxxx X. (Xxxx) XxXxxx
                    ---------------------------------------


The undersigned executive does hereby acknowledge that, at their regularly
scheduled meeting on June 21, 2001, the Board of Directors of Quaker City Bank
acted to renew and extend the Quaker City Bank Three Year Employment Agreement
with the undersigned executive to a full thirty-six (36) month term, until
June 30, 2004.


Dated this     1st     day of        July           , A.D.,      2001          .
           ---     ---        ------      ----------        ----      ---------



                                            QUAKER CITY BANK



 /s/Xxxxxxxx X. XxXxxx                      By: /s/Xxxxxx X. Xxxxxx
----------------------------------------       -------------------------------
Executive                                      Chairman of the Board