Exhibit 99








                         INDEPENDENT ACCOUNTANT'S REPORT
                         -------------------------------






Board of Directors and Stockholders
WVS Financial Corp.

We have reviewed the  accompanying  consolidated  balance sheet of WVS Financial
Corp.  and  subsidiary  as of September 30, 2003,  and the related  consolidated
statement of income for the  three-month  periods  ended  September 30, 2003 and
2002,  the  consolidated  statement of changes in  stockholders'  equity for the
three-month  period ended September 30, 2003, and the consolidated  statement of
cash flows for the three-month  periods ended September 30, 2003 and 2002. These
financial statements are the responsibility of the Company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with auditing standards generally accepted in the United States of America,  the
objective  of which is the  expression  of an opinion  regarding  the  financial
statements taken as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements for them to be in conformity
with accounting principles generally accepted in the United States of America.

We have  previously  audited,  in accordance with auditing  standards  generally
accepted in the United States of America,  the consolidated  balance sheet as of
June 30, 2003,  and the related  consolidated  statements of income,  changes in
stockholders'  equity,  and cash flows for the year then  ended  (not  presented
herein);  and in our report  dated August 1, 2003,  we expressed an  unqualified
opinion on those consolidated financial statements.



/s/S.R. Snodgrass, A.C.

Wexford, PA
November 5, 2003