Exhibit 99.5

Community Meeting

________ __, 2010

The shares of common stock being offered are not deposits or savings accounts and

are not insured by the Federal Deposit Insurance Corporation or any other

government agency. This is not an offer to sell or a solicitation of an offer to buy

common stock. The offer is made only by the Prospectus that is part of a

Registration Statement filed with the SEC.

Exhibit 99.5

Forward-Looking Statements

This presentation contains forward-looking statements, which can be identified by the use of such words as estimate, project, believe, intend,

anticipate, plan, seek, expect and similar expressions. These forward-looking statements include:

•statements of our goals, intentions and expectations;

•statements

regarding

our

business

plans

and

prospects

and

growth

and

operating

strategies;

•statements regarding the asset quality of our loan and investment portfolios; and

•estimates of our risks and future costs and benefits.

These

forward-looking

statements

are

subject

significant

risks,

assumptions

and

uncertainties,

including,

among

other

things,

the

following

important

factors

that

could

affect

the

actual

outcome

future

events:

•our ability to manage our operations under the current adverse economic conditions nationally and in our market area;

•adverse changes in the financial industry, securities, credit and national and local real estate markets (including real estate values);

•changes

the

interest

rate

environment

that

reduce

our

margins

reduce

the

fair

value

financial

instruments

and

inflation;

•further declines in the yield on our assets resulting from the current low market interest rate environment;

•risks related to high concentration of loans secured by real estate located in our market area;

•significant increases in our loan losses;

•potential increases in deposit and premium assessments;

•our ability to pay dividends and Oconee Federal, MHC’s

ability to waive dividends;

•legislative or regulatory changes, including increased compliance costs resulting from the recently enacted financial reform legislation, that

adversely affect our business and earnings;

•changes in the level of government support of housing finance;

•significantly increased competition with either depository and non-depository financial institutions;

•changes

accounting

policies

and

practices,

may

adopted

the

bank

regulatory

agencies

and

the

authoritative

accounting

and

auditing bodies;

•risks and costs related to becoming a publicly traded company; and

•changes in our organization, compensation and benefit plans.

Because of these and other uncertainties, our actual future results may be materially different from the results indicated by these forward-

looking statements. Oconee Federal does not undertake, and specifically disclaims any obligation to update any forward-looking statements to

reflect occurences

or unanticipated events or circumstances after the date of such

statements.

Branch Locations

•

Main Office

115 E. North Second Street

Seneca, SC 29678

•

Executive Office Annex

201 E. North Second Street

Seneca, SC 29678

•

Seneca Branch

813 –

123 By-Pass

Seneca, SC 29678

•

Wahalla

Branch

204 W. North Broad Street

Wahalla, SC 29691

•

Westminster Branch

111 W. Windsor Street

Westminster, SC 29693

Management Team

•

Rhett

Evatt,

President

Chief

Executive

Officer

and

Chairman of the Board of Directors

•

Curtis

Evatt,

Executive

Vice

President

Chief

Financial

Officer and Director

•

Nancy

Carter,

Senior

Vice

President

Assistant

Treasurer

Total Assets

(In Thousands)

Asset Mix

At June 30, 2010

Loans Receivable, net

(In Thousands)

Loan Portfolio Mix

As a % of Gross Loans at June 30, 2010

Non-Performing Loans to Total Loans

Non-Performing Assets to Total Assets

Total Deposits

(In Thousands)

Deposit Portfolio Mix

At June 30, 2010

Equity

(In Thousands)

Regulatory Capital Ratios

At June 30, 2010

Net Income

(In Thousands)

Net Interest Margin

(As a Percent of Average Assets)

Return on Average Assets

Return on Average Equity

Pro Forma Data

At or For the Fiscal Year Ended June 30, 2010

Minimum of

Range

Midpoint of

Range

Maximum of

Range

Adjusted

Maximum of

Range

(Dollars in thousands, except per share amounts)

Shares Sold in Offering

1,346,400

1,584,000

1,821,600

2,094,840

Sale Price Per Share

$ 10.00

Gross Proceeds

$ 13,464

$ 15,840

$ 18,216

$ 20,948

Pro Forma Stockholders' Equity

$ 69,812

$ 71,757

$ 73,704

$ 75,942

Pro Forma Stockholders' Equity Per Share

$ 17.11

$ 14.95

$ 13.35

$ 11.96

Pro Forma Earnings Per Share

$ 0.62

$ 0.52

$ 0.45

$ 0.39

Price / Book Ratio

58.45%

66.89%

74.91%

83.61%

Price / Earnings Ratio

16.13

19.23

22.22

25.64

Fully-Converted Price / Book Ratio*

43.63%

48.17%

52.19%

56.27%

Fully-Converted Price / Core Earnings Ratio*

16.95

20.41

23.81

28.57

* Assumes all shares were issued in the offering.

Pro Forma Total Shares Issued and Outstanding

4,080,000

4,800,000

5,520,000

6,348,000

(As a percent of Shares Issued and Outstanding)

Shares Sold in Offering

33.00%

Shares Issued to Charitable Foundation

1.98%

Shares Issued to Oconee Federal, MHC

65.02%

Total Shares Issued and Outstanding

100.00%

Dividend Policy

•

We currently intend to declare and pay a quarterly cash

dividend on the common stock equal to $0.10 per share

following our board of directors’

review of our financial

condition and results of operations for the first full or partial

quarter following the completion of the offering. This dividend

represents a 4% annual yield

assuming a share price of

$10.00.

•

The dividend rate and the continued payment of dividends will

depend upon our board of directors’

consideration of a

number of factors that are disclosed more fully in the

Prospectus.

•

There can be no assurance that our quarterly cash dividend

will not be reduced or eliminated in future periods.

Preference Categories

Eligible Account Holders

Depositors who held at least $50 with us on June 30, 2009.

Employee Stock Ownership Plan (ESOP)

Supplemental Eligible Account Holders

Depositors, other than directors and officers of Oconee Federal Financial Corp. and

Oconee Federal Savings and Loan Association, who held at least $50 with us on

September 30, 2010, and do not qualify under priority (1) above.

Other Members

Depositors with us on [Voting record date], to the extent not already included in a

prior category, and borrowers with us as of October 21, 1991 who

maintain

borrowings as of [Voting record date].

Local Community

Residents of Oconee and Pickens Counties, South Carolina.

General Community

Thank you for your interest!