[ANDERSON ZURMUEHLEN & COMPANY LETTERHEAD] January 28, 2000 Securities and Exchange Commission Mail Stop 9-5 450 5th Street, N.W. Washington, D.C. 20549 Dear Sirs/Madams: We have read and agree with the comments of American Federal Savings Bank regarding its reason for changing auditors. Sincerely, /s/ Anderson ZurMuehlen & Co., P.C. ----------------------------------- Anderson ZurMuehlen & Company, P.C.