Exhibit 31


                            SECTION 302 CERTIFICATION


    I, Walter G. Kelly, President and Chief Executive Officer of Skibo Financial
Corp., certify that:

         1        I have reviewed this quarterly report on Form 10-QSB of  Skibo
                  Financial Corp.;

         2.       Based on my knowledge, this 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 report;

         3.       Based on my  knowledge,  the financial  statements,  and other
                  financial  information included in this report, fairly present
                  in all material respects the financial  condition,  results of
                  operations  and cash flows of the  registrant  as of, and for,
                  the periods presented in this report;

         4.       The   registrant's   other   certifying   officer  and  I  are
                  responsible  for  establishing   and  maintaining   disclosure
                  controls  and  procedures  (as  defined in  Exchange  Act Rule
                  13a-15(e)) for the registrant 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  registrant,
                           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)      Evaluated  the   effectiveness  of  the  registrant'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

                  (c)      Disclosed   in  this   report   any   change  in  the
                           registrant's    internal   control   over   financial
                           reporting that occurred during the registrant's  most
                           recent fiscal quarter that has  materially  affected,
                           or is  reasonably  likely to materially  affect,  the
                           registrant's    internal   control   over   financial
                           reporting; and

         5.       The issuer's other  certifying  officer and I have  disclosed,
                  based on our most recent  evaluation of internal  control over
                  financial   reporting   (as  defined  in  Exchange  Act  Rules
                  13a-15(f)),  to the issuer's  auditors and the audit committee
                  of the 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  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 issuer's  internal control over financial
                           reporting.



         Date: October 31, 2003            /s/Walter G. Kelly
                                           -------------------------------------
                                           Walter G. Kelly
                                           President and Chief Executive Officer

<PAGE>
                                                                      Exhibit 31



                            SECTION 302 CERTIFICATION


     I, Carol A. Gilbert, Chief Financial and Operating Officer,  Treasurer  and
Secretary of Skibo Financial Corp., certify that:

         1.       I have reviewed this quarterly  report on Form 10-QSB of Skibo
                  Financial Corp.;

         2.       Based on my knowledge, this 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 report;

         3.       Based on my  knowledge,  the financial  statements,  and other
                  financial  information included in this report, fairly present
                  in all material respects the financial  condition,  results of
                  operations  and cash flows of the  registrant  as of, and for,
                  the periods presented in this report;

         4.       The   registrant's   other   certifying   officer  and  I  are
                  responsible  for  establishing   and  maintaining   disclosure
                  controls  and  procedures  (as  defined in  Exchange  Act Rule
                  13a-15(e)) for the registrant 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  registrant,
                           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)      Evaluated  the   effectiveness  of  the  registrant'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

                  (c)      Disclosed   in  this   report   any   change  in  the
                           registrant's    internal   control   over   financial
                           reporting that occurred during the registrant's  most
                           recent fiscal quarter that has  materially  affected,
                           or is  reasonably  likely to materially  affect,  the
                           registrant's    internal   control   over   financial
                           reporting; and

         5.       The issuer's other  certifying  officer and I have  disclosed,
                  based on our most recent  evaluation of internal  control over
                  financial   reporting   (as  defined  in  Exchange  Act  Rules
                  13a-15(f)),  to the issuer's  auditors and the audit committee
                  of the 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  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 issuer's  internal control over financial
                           reporting.



         Date: October 31, 2003       /s/Carol A. Gilbert
                                      ------------------------------------------
                                      Carol A. Gilbert
                                      Chief Financial and Operating Officer,
                                      Secretary and Treasurer