Exhibit 31
                                                                      ----------
                           SECTION 302 CERTIFICATION

I, Craig W. Yates, President and Chief Executive Officer, certify that:

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

2. Based on my  knowledge,  this  quarterly  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 quarterly
report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  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 quarterly 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 Rules 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  (as defined in Exchange  Act Rules  13a-15 (f)) that
occured 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,  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.


August 9, 2004                         /s/ Craig W. Yates
------------                           ------------------
Date                                   Craig W. Yates
                                       President and Chief Executive Officer

<PAGE>

                                                                   Exhibit 31
                                                                   -----------
                           SECTION 302 CERTIFICATION

I, Channing L. Smith, Vice President and Chief Financial Officer, certify that:

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

2. Based on my  knowledge,  this  quarterly  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 quarterly
report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  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 quarterly 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 Rules 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  (as defined in Exchange  Act Rules  13a-15 (f)) 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,  to the issuer's
auditors and the audit  committee of the issuer's board of directors (or persons
performing 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.



August 9, 2004                        /s/ Channing L. Smith
------------                          ----------------------
Date                                  Channing L. Smith
                                      Vice President and Chief Financial Officer