EXHIBIT 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER
PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

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Certification of Chief Financial OfficerPursuant to Section 302 of the Sarbanes-Oxley
Act of 2002

|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
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|   | I, Nandini
  S. Mallya, Chief Financial Officer, certify that:                                                                                                                                                                                                                                                                                                   
|   |                                                                                                                                                                                                                                                                                                                                                                  
|1. | I have
  reviewed this annual report on Form 10-KSB of Lincoln Park Bancorp;                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                  
|2. | Based on my
  knowledge, this annual report does not contain any untrue statement of a
  material fact or omit to state a material fact necessary to make the
  statements made, in light of the circumstances under which such statements
  were made, not misleading with respect to the period covered by this annual
  report;                               
|   |                                                                                                                                                                                                                                                                                                                                                                  
|3. | Based on my
  knowledge, the financial statements, and other financial information included
  in this annual report, fairly present in all material respects the financial
  condition, results of operations and cash flows of the small business issuer
  as of, and for, the periods presented in this annual report;                                         
|   |                                                                                                                                                                                                                                                                                                                                                                  
|4. | The small business
  issuers other certifying officer and I are responsible for establishing and maintaining disclosure
  controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
  reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))  for the small business issuer and have:
|   |                                                                                                                                                                                                                                                                                                                                                                  
|   | a)                                                                                                                                                                                                                                                                                                                                                                | Designed such disclosure controls and procedures, or caused such
  disclosure controls and procedures to be designed under our supervision, to
  ensure that material information relating to the small business issuer,
  including its consolidated subsidiaries, is made known to us by others within
  those entities, particularly during the period in which this report is being
  prepared;                                      
|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | b)                                                                                                                                                                                                                                                                                                                                                                | Designed such internal
  control over financial reporting, or caused such internal control over
  financial reporting to be designed under our supervision, to provide
  reasonable assurance regarding the reliability of financial reporting and the
  preparation of financial statements for external purposes in accordance with
  generally accepted accounting principles; and                                                    
|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | c)                                                                                                                                                                                                                                                                                                                                                                | Evaluated the effectiveness of the small business issuers disclosure
  controls and procedures and presented in this report our conclusions about
  the effectiveness of the disclosure controls and procedures, as of the end of
  the period covered by this report based on such evaluation; and                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | d)                                                                                                                                                                                                                                                                                                                                                                | Disclosed in this report any change in the small business issuers
  internal control over financial reporting that occurred during the small
  business issuers most recent fiscal quarter (the small business issuers
  fourth fiscal quarter in the case of an annual report) that has materially
  affected, or is reasonably likely to materially affect, the small business
  issuers internal control over financial reporting.
|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|5. | The small business
  issuers other certifying officer and I have disclosed, based on our most recent evaluation of internal
  control over financial reporting, to the small business issuers auditors and
  the audit committee of the small business issuers board of directors (or
  persons performing the equivalent functions):                         
|   |                                                                                                                                                                                                                                                                                                                                                                  
|   | a)                                                                                                                                                                                                                                                                                                                                                                | All
  significant deficiencies and material weaknesses in the
  design or operation of internal
  control over financial reporting which are reasonably likely
  to adversely affect the small business issuers ability to record, process,
  summarize and report financial information; and                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   | b)                                                                                                                                                                                                                                                                                                                                                                | Any fraud,
  whether or not material, that involves management or other employees who have
  a significant role in the small business issuers internal control over financial reporting.                                                                                                                                                                                                                                                

|                 |  |                          
|---------------- |  | -------------------------
|March 26,
  2008 |  | /s/ Nandini
  S. Mallya  
|                 |  |                          
|Date             |  | Nandini S.
  Mallya      
|                 |  | Chief
  Financial Officer

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