Exhibit 31.2

                    Certification by Chief Financial Officer
    pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as
        adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

         I, Nancy S. Wise, certify that:

         1.   I have  reviewed  this  annual  report  on Form  10-K of Four Oaks
              Fincorp, Inc.;

         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(s) 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
              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)      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;

                  (c)      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

                  (d)      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 (the registrant's fourth fiscal
                           quarter  in the case of an  annual  report)  that has
                           materially  affected,  or  is  reasonably  likely  to
                           materially affect, the registrant's  internal control
                           over financial reporting; and

         5.   The registrant's other certifying officer(s) and I have disclosed,
              based on our most  recent  evaluation  of  internal  control  over
              financial  reporting,  to the registrant's  auditors and the audit
              committee  of the  registrant's  board of  directors  (or  persons
              performing the equivalent functions):

                  (a)      All significant  deficiencies and material weaknesses
                           in the design or operation of internal  controls over
                           financial  reporting  which are reasonably  likely to
                           adversely affect the registrant'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  registrant's   internal  control  over
                           financial reporting.

                  Date: March 12, 2008



                                             By:    /s/ Nancy S. Wise
                                             -----------------------------------
                                                    Nancy S. Wise
                                                    Executive Vice President and
                                                    Chief Financial Officer