Exhibit 31.2

**CERTIFICATE**

I, Jerry K. Wages, Executive Vice President and Chief Financial Officer, certifythat:

- I have reviewed this quarterly report on Form 10-QSB of Oconee FinancialCorporation;

- Based on my knowledge, this quarterly report does not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under whichsuch statements were made, not misleading with respect to the period covered by this quarterly report;

- Based on my knowledge, the financial statements, and other financial information includedin this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows ofthe small business issuer as of, and for, the periods presented in this quarterly report;

- The small business issuer’s other certifying officers and I have been responsiblefor establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) forthe small business issuer and have:

> - designed such disclosure controls and procedures, or caused such disclosure controls and procedures to bedesigned under our supervision, to ensure that material information relating to the small business issuer, including itsconsolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which thisquarterly report is being prepared; 
- evaluated the effectiveness of the small business issuer’s disclosure controls and procedures and presentedin this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of theperiod covered by this quarterly report based on such evaluation; and 
- disclosed in this quarterly report any change in the small business issuer’s internal control overfinancial reporting that occurred during the small business issuer’s most recent fiscal quarter that has materially affected,or is reasonably likely to materially affect, the small business issuer’s internal control over financial reporting;and

- The small business issuer’s other  certifying officers 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 auditors and  the audit committee of the small business issuer’s board of directors:        

> - all significant deficiencies and material weaknesses in the design or operation of internal control overfinancial reporting which are reasonably likely to adversely affect the small business issuer’s ability to record, process,summarize and report financial information; and 
- any fraud, whether or not material, that involves management or other employees who have a significant role inthe small business issuer’s internal control over financial reporting.

 

 

| Date: November 14, 2003 |    /s/ Jerry K. Wages                                  Jerry K. Wages    Executive Vice President & Chief Financial Officer |
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