I, Craig W. Yates, certify that:

         1. I have reviewed this Form 10-Q of FMS Financial Corporation;

         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; and

                  (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:  November 13, 2003                   /s/Craig W. Yates
                                           -------------------------------------
                                           Craig W. Yates
                                           President and Chief Executive Officer
<PAGE>

         I, Channing L. Smith, certify that:

         1. I have reviewed this Form 10-Q of FMS Financial Corporation.;

         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; and

                  (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:  November 13, 2003                   /s/Channing L. Smith
                                          -------------------------------------
                                          Channing L. Smith
                                          Vice President and
                                          Chief Financial Officer