Exhibit 16 [McGladrey & Pullen, LLP Letterhead] November 6, 2001 AF Bankshares, Inc. P.O. Box 26 West Jefferson, North Carolina 28694 Securities and Exchange Commission Washington, DC 20549 We were previously the independent accountants for AF...Exhibit 16 • November 9th, 2001 • Af Bankshares Inc • Blank checks
We were previously the independent accountants for AF Bankshares, Inc., and on August 3, 2001, we reported on the consolidated financial statements of AF Bankshares, Inc. and subsidiaries as of and for the years ended June 30, 2001 and 2000. On August 3, 2001, the Board of Directors of AF Bankshares, Inc. declined to reappoint us as the independent accountants of AF Bankshares, Inc. for the fiscal year ended June 30, 2002.
