MYSTIC FINANCIAL INC
EXHIBIT 10.13
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<TYPE>EX-10
<SEQUENCE>6
<FILENAME>mys-1013.txt
<DESCRIPTION>EXHIBIT 10.13
<TEXT>

                                                                 Exhibit 10.13
                                                                 -------------

             MYSTIC FINANCIAL, INC.
                RETIREMENT PLAN
                      FOR
             NON-EMPLOYEE DIRECTORS

                      Effective as of November 8, 2000


                                  AMENDMENT
                                  ---------

      Effective as of November 8, 2000, Section 1of the Plan shall be amended
to read in its entirety as follows:

            SECTION 1.  PURPOSE OF THE PLAN. The purpose of the Mystic
      Financial, Inc. Retirement Plan for Non-Employee Directors (the
      "Plan") is to provide a retirement benefit to directors of Mystic
      Financial, Inc. and Medford Co-operative Bank (collectively, the
      "Company") who are not employees of the Company or any affiliate
      thereof ("Eligible Directors") in order to reward their
      contributions to the successful growth and development of the
      Company and to ensure that the Company will have their continued
      service in the conduct of its affairs, particularly, in the event
      of a solicited or unsolicited takeover or merger of the Company.

      IN WITNESS WHEREOF, this Amendment has been executed by the undersigned
officer of Mystic Financial, Inc. pursuant to authority given by resolution of
the Board of Directors.


                                       MYSTIC FINANCIAL, INC.


                                       By /s/ Ralph W. Dunham
                                          ---------------------------------
                                          Name: Ralph W. Dunham
                                          Title: President and CEO


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