SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C.

                                    FORM 10-Q

             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934




For Quarter Ended September 30, 2002        Commission File Number: 0-9341
------------------------------------        ------------------------------




                     SECURITY NATIONAL FINANCIAL CORPORATION
                            Exact Name of Registrant.




           UTAH                                      87-0345941
       -------------                             -----------------
(State or other jurisdiction                  IRS Identification Number
of incorporation or organization)



5300 South 360 West, Salt Lake City, Utah             84123
-----------------------------------------            ------
(Address of principal executive offices)           (Zip Code)




Registrant's telephone number, including Area Code     (801) 264-1060
                                                       --------------




Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                              YES  XX         NO
                                  ----


Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.



Class A Common Stock, $2.00 par value                  4,091,395
-------------------------------------       ----------------------------------
         Title of Class                     Number of Shares Outstanding as of
                                                  September 30, 2002


Class C Common Stock, $.20 par value                  5,819,924
------------------------------------        ---------------------------------
         Title of Class                     Number of Shares Outstanding as of
                                                  September 30, 2002



<PAGE>



            SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES
                                    FORM 10Q

                        QUARTER ENDED September 30, 2002

                                TABLE OF CONTENTS


                         PART I - FINANCIAL INFORMATION


Item 1 Financial Statements                                       Page No.
------                                                           --------

    Consolidated Statement of Earnings - Nine and three
    months ended September 30, 2002 and 2001 (unaudited)..............3

    Consolidated Balance Sheet - September 30, 2002 (unaudited)
    and December 31, 2001 ............................................4-5

    Consolidated Statement of Cash Flows -
    Nine months ended September 30, 2002 and 2001 (unaudited).........6

    Notes to Consolidated Financial Statements........................7-9


Item 2      Management's Discussion and Analysis......................10-13
------

Item 3      Quantitative and Qualitative Disclosure of Market Risk....13
------

Item 4      Controls and Procedures...................................13
------

                           PART II - OTHER INFORMATION

       Other Information..............................................14-16

       Signature Page.................................................17

       Certification..................................................17-19

                                        2

<PAGE>
<TABLE>
<CAPTION>



                     SECURITY NATIONAL FINANCIAL CORPORATION
                                AND SUBSIDIARIES
                       CONSOLIDATED STATEMENT OF EARNINGS
                                   (Unaudited)

                                                Nine Months Ended          Three Months Ended
                                                  September 30,                September 30,
Revenues:                                    2002            2001         2002               2001
--------                                     ----            ----         ----               ----
<S>                                      <C>             <C>              <C>             <C>
Insurance premiums and
  other considerations                   $10,319,892     $10,019,159      $3,627,683      $3,435,975
Net investment income                      8,504,297       9,600,420       3,052,659       3,040,440
Net mortuary and cemetery sales            8,410,926       7,821,845       2,871,893       2,514,064
Realized gains on investments
   and other assets                          746,021         120,006          27,205         116,020
Mortgage fee income                       34,828,830      26,763,907      15,988,606       9,574,016
Other                                        415,292         105,495         106,325          50,497
                                        ------------    ------------    ------------    ------------
   Total revenues                         63,225,258      54,430,832      25,674,371      18,731,012

Benefits and expenses:
---------------------
Death benefits                             4,298,196       3,951,069       1,325,095       1,160,311
Surrenders and other policy benefits       1,442,718       1,155,853         372,618         319,299
Increase in future policy benefits         3,628,655       4,172,498       1,569,539       1,628,704
Amortization of deferred policy
   acquisition costs and cost of
   insurance acquired                      2,334,477       2,920,863         565,708         971,917
General and administrative expenses:
   Commissions                            26,554,414      20,238,147      12,591,644       7,160,719
   Salaries                                8,308,534       7,065,515       2,925,397       2,825,928
   Other                                  10,320,968       8,708,725       3,955,599       2,739,709
Interest expense                           1,013,868       2,174,795         491,072         556,503
Cost of goods and services sold
  of the mortuaries and cemeteries         1,971,909       1,938,261         689,116         556,856
                                        ------------    ------------    ------------    ------------
   Total benefits and expenses            59,873,739      52,325,726      24,485,788      17,919,946

Earnings before income taxes               3,351,519       2,105,106       1,188,583         811,066
Income tax expense                          (825,614)       (572,559)       (294,796)       (217,899)
Minority interest (income)
   loss of subsidiary                         18,263          47,196           3,898          12,010
                                        ------------    ------------    ------------    ------------

      Net earnings                        $2,544,168      $1,579,743        $897,685        $605,177
                                        ============    ============    ============    ============

Net earnings per common share                   $.54            $.35            $.19           $0.14
                                                ====            ====            ====           =====
   Weighted average outstanding
      common shares                        4,680,665       4,450,839       4,684,250       4,450,839
                                        ============    ============    ============    ============

Net earnings per common
   share-assuming dilution                      $.51            $.35            $.18            $.14
                                                ====            ====            ====            ====

   Weighted average outstanding
      common shares assuming-dilution      5,013,965       4,451,366       5,083,126       4,451,510
                                        ============    ============    ============    ============
</TABLE>

See accompanying notes to consolidated financial statements.

                                        3

<PAGE>



                     SECURITY NATIONAL FINANCIAL CORPORATION
                                AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEET



                                              September 30, 2002   December 31,
                                                 (Unaudited)           2001
                                                --------------     -----------
Assets:
Insurance-related investments:
Fixed maturity securities held
   to maturity, at amortized cost                $24,808,183        $27,799,909
Fixed maturity securities available
   for sale, at market                            18,598,865         21,470,729
Equity securities available for sale,
   at market                                       2,071,767          2,641,549
Mortgage loans on real estate                     16,536,243         15,479,305
Real estate, net of accumulated
   depreciation                                    9,592,576          9,051,691
Policy, student and other loans                   10,966,381         11,277,975
Short-term investments                             2,362,224          1,453,644
                                               -------------      -------------
      Total insurance-related
         investments                              84,936,239         89,174,802
Restricted assets
   of cemeteries and mortuaries                    5,454,480          5,339,436
Cash                                              20,258,946          8,757,246
Receivables:
   Trade contracts                                 9,834,006          6,945,274
   Mortgage loans sold to investors               46,584,698         50,695,073
   Receivable from agents                          2,036,705          2,061,541
   Receivable from officers                           76,290            102,200
   Other                                           1,392,657          1,183,927
                                               -------------      -------------
      Total receivables                           59,924,356         60,988,015
   Allowance for doubtful accounts                (2,202,049)        (2,287,241)
                                               -------------      -------------
   Net receivables                                57,722,307         58,700,774
Policyholder accounts on deposit
   with reinsurer                                  7,011,221          7,148,068
Land and improvements held for sale                8,080,202          8,346,448
Accrued investment income                          1,062,699          1,059,789
Deferred policy acquisition costs                 15,507,351         14,453,023
Property, plant and equipment, net                11,055,793         10,802,387
Cost of insurance acquired                         7,062,361          7,615,348
Excess of cost over net assets
   of acquired subsidiaries                        1,038,962          1,065,045
Other                                                630,146            597,209
                                               -------------      -------------
      Total assets                              $219,820,707       $213,059,575
                                               =============      =============


















See accompanying notes to consolidated financial statements.

                                        4

<PAGE>



                     SECURITY NATIONAL FINANCIAL CORPORATION
                                AND SUBSIDIARIES
                     CONSOLIDATED BALANCE SHEET (Continued)



                                               September 30, 2002  December 31,
                                                  (Unaudited)         2001
                                                --------------     -----------
Liabilities:
------------
Future life, annuity, and other
   policy benefits                                $142,013,716     $140,504,866
Unearned premium reserve                             1,878,246        1,785,977
Bank loans payable                                   7,388,760        8,461,900
Notes and contracts payable                          3,236,282        3,635,776
Deferred pre-need cemetery and
   funeral contract revenue                          9,718,752        9,338,353
Payable to endowment care fund                          74,244            5,586
Accounts payable                                     1,320,559        1,319,319
Funds held under reinsurance
   treaties                                          1,343,970        1,379,640
Other liabilities and
   accrued expenses                                  8,362,265        5,547,213
Income taxes                                         7,819,921        6,874,597
                                                 -------------    -------------
      Total liabilities                            183,156,715      178,853,227

Minority interest                                    4,298,875        4,237,030

Stockholders' Equity:
--------------------
Common stock:
      Class A: $2 par value,
         authorized 10,000,000
         shares, issued 5,386,110
         shares in 2002 and 5,363,591
         shares in 2001                             10,772,221       10,727,182
      Class C: $0.20 par value,
         authorized 7,500,000 shares,
         issued 5,888,256 shares in
         2002 and 6,113,430 shares
         in 2001                                     1,177,651        1,222,686
                                                 -------------    -------------
Total common stock                                  11,949,872       11,949,868
Additional paid-in capital                          10,168,519       10,168,523
Accumulated other comprehensive
   income, net of deferred taxes                     1,037,737        1,223,930
Retained earnings                                   12,533,398        9,989,230
Treasury stock at cost (1,294,715
   Class A shares and 68,332 Class C shares
      in 2002; 1,233,064 Class A shares
      and 65,078 Class C shares in 2001,
      held by affiliated companies)                 (3,324,409)      (3,362,233)
                                                 -------------    -------------
Total stockholders' equity                          32,365,117       29,969,318
                                                 -------------    -------------
   Total liabilities and
      stockholders' equity                        $219,820,707     $213,059,575
                                                 =============    =============













See accompanying notes to consolidated financial statements.

                                        5

<PAGE>



                     SECURITY NATIONAL FINANCIAL CORPORATION
                                AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)



                                          Nine Months Ended September 30,
                                              2002            2001
                                              ----            ----
Cash flows from operating activities:
      Net cash provided by (used in)
      operating activities                 $12,523,692    $(5,594,384)
                                           ------------   ------------

Cash flows from investing activities:
 Securities held to maturity:
      Purchase - fixed maturity securities  (4,062,931)       (402,995)
      Calls and maturities - fixed
        maturity securities                  7,122,717      11,555,252
   Securities available for sale:
      Calls and maturities - fixed
         maturity securities                 3,301,497       1,064,816
      Purchase of equity securities               (367)             --
      Sales of equity securities                    --          11,382
   Purchases of short-term investments      (8,334,285)    (13,415,431)
   Sales of short-term investments           7,425,705       8,575,000
   Purchases of restricted assets             (147,552)       (384,905)
   Mortgage, policy, and other loans made   (4,707,046)     (2,741,158)
   Payments received for mortgage,
     real estate, policy, and other loans    4,648,685       4,606,735
   Purchases of property, plant,
      and equipment                         (1,160,274)       (776,042)
   Purchases of real estate                 (1,501,405)        (49,472)
                                          ------------    ------------

         Net cash provided by
            investing activities             2,584,744       8,043,182
                                          ------------    ------------

Cash flows from financing activities:
   Annuity receipts                          6,153,617       5,368,875
   Annuity withdrawals                      (8,325,543)     (9,462,819)
   Repayment of bank loans and
      notes and contracts payable           (1,659,228)     (1,985,411)
   Proceeds from borrowings on bank
      loans and notes and contracts payable    186,594              --
   Sale of treasury stock                       37,824              --
                                          ------------    ------------

   Net cash used in financing
      activities                            (3,606,736)     (6,079,355)
                                          ------------    ------------
Net change in cash                          11,501,700      (3,630,557)

Cash at beginning of period                  8,757,246      11,275,030
                                          ------------    ------------

Cash at end of period                      $20,258,946      $7,644,473
                                          ============    ============















See accompanying notes to consolidated financial statements.

                                        6

<PAGE>



            SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                               September 30, 2002
                                   (Unaudited)


1.  Basis of Presentation

The accompanying  unaudited consolidated financial statements have been prepared
in accordance with accounting principles generally accepted in the United States
of America for interim  financial  information and with the instructions to Form
10-Q and Article 10 of Regulation S-X.  Accordingly,  they do not include all of
the  information  and  footnotes  required by  accounting  principles  generally
accepted in the United States of America for complete financial  statements.  In
the opinion of  management,  all  adjustments  (consisting  of normal  recurring
accruals)  considered  necessary  for a fair  presentation  have been  included.
Operating  results for the three and nine months ended  September 30, 2002,  are
not  necessarily  indicative  of the results  that may be expected  for the year
ending  December 31, 2002. For further  information,  refer to the  consolidated
financial statements and footnotes thereto for the year ended December 31, 2001,
included in the Company's Annual Report on Form 10-K (file number 0-9341).

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that affect the amounts  reported in the  financial
statements  and  accompanying  notes.  Actual  results  could  differ from those
estimates.

The estimates  susceptible to  significant  change are those used in determining
the liability for future policy  benefits and claims,  those used in determining
valuation  allowances  for  mortgage  loans on real  estate,  and those  used in
determining  the  estimated  future  costs for  pre-need  sales.  Although  some
variability  is inherent in these  estimates,  management  believes  the amounts
provided are adequate.

2.   Comprehensive Income

For the nine  months  ended  September  30, 2002 and 2001,  total  comprehensive
income amounted to $2,542,975 and $1,817,878, respectively.

For the three  months ended  September  30, 2002 and 2001,  total  comprehensive
income amounted to $992,461 and $628,622, respectively.

3.   Capital Stock

The basic and diluted earnings per share amounts were calculated as follows:

                                            Nine Months Ended September 30,
                                             2002                    2001
                                             ----                    ----
Numerator:
      Net income                        $2,544,168                $1,579,743
                                        ==========                ==========

Denominator:
      Denominator for basic
        earnings per share--
        weighted-average shares          4,680,665                 4,450,839
                                        ----------                ----------

      Effect of dilutive securities:
        Employee stock options             305,041                       527
        Stock Appreciation Rights           28,259                     --
                                        ----------                ----------

      Dilutive potential
        common shares                      333,300                       527
                                       -----------               -----------

      Denominator for diluted earnings
        per share-adjusted weighted-
        average shares and assumed
        conversions                      5,013,965                 4,451,366
                                        ==========                ==========

      Basic earnings per share                $.54                      $.35
                                              ====                      ====

      Diluted earnings per share              $.51                      $.35
                                              ====                      ====

                                        7

<PAGE>



            SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                               September 30, 2002
                                   (Unaudited)


3.       Capital Stock

                                             Three Months Ended September 30,
                                               2002                    2001
                                               ----                    ----
Numerator:
      Net income                           $  897,685               $   605,177
                                           ==========               ===========

Denominator:
      Denominator for basic
        earnings per share--
        weighted-average shares             4,684,250                 4,450,839
                                           ----------               -----------

      Effect of dilutive securities:
        Employee stock options                314,024                       671
        Stock appreciation rights              84,852                     --
                                           ----------                ----------

      Dilutive potential
        common shares                         398,876                       671
                                           ----------                ----------

      Denominator for diluted earnings
        per share-adjusted weighted-
        average shares and assumed
        conversions                         5,083,126                 4,451,510
                                           ==========               ===========

      Basic earnings per share                  $.19                      $.14
                                                ====                      ====

      Diluted earnings per share                $.18                      $.14
                                                ====                      ====

4.      Recent Accounting Pronouncement

          Management has  considered  whether  impairment  exists on goodwill in
          relation to Statement of Financial  Accounting  Standards No. 142, and
          does not believe there is any material impairment.

                                        8

<PAGE>
<TABLE>
<CAPTION>



            SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                               September 30, 2002
                                   (Unaudited)


5.  Business Segment

                                   Life          Cemetery/                      Reconciling
                                Insurance        Mortuary       Mortgage           Items        Consolidated
                                ---------        --------       --------           -----        ------------

<S>                            <C>               <C>           <C>               <C>            <C>
For the Nine Months Ended
   September 30, 2002
   Revenues from
      external customers       $14,844,979       $9,910,352     $38,469,927       $      --      $63,225,258

   Intersegment revenues         3,474,189               --              --      (3,474,189)              --

   Segment profit                  563,976        1,221,538       1,566,005              --        3,351,519

   Identifiable assets         203,071,749       41,053,996      10,180,717     (34,485,755)     219,820,707

For the Nine Months Ended
   September 30, 2001
   Revenues from
      external customers       $15,462,190       $8,688,388     $30,280,254      $       --      $54,430,832

   Intersegment revenues         2,628,248               --              --      (2,628,248)              --

   Segment profit                  354,088          261,861       1,489,157              --        2,105,106

   Identifiable assets         200,152,224       36,825,841       5,712,935     (33,409,957)     209,281,043

For the Three Months Ended
   September 30, 2002
   Revenues from
      external customers        $5,083,781       $3,159,121     $17,431,469       $      --      $25,674,371

   Intersegment revenues         1,186,158               --              --      (1,186,158)              --

   Segment profit                   59,282          195,121         934,180              --        1,188,583

For the Three Months Ended
   September 30, 2001
   Revenues from
      external customers        $5,131,874       $2,880,277     $10,718,861       $      --      $18,731,012

   Intersegment revenues           850,322               --              --        (850,322)              --

   Segment profit                 (205,141)          89,785         926,422              --          811,066

</TABLE>
                                        9
<PAGE>





Item 2.  Management's Discussion and Analysis

Overview

The Company's  operations  over the last several years  generally  reflect three
trends or events which the Company expects to continue:  (i) increased attention
to "niche" insurance  products,  such as the Company's funeral plan policies and
interest  sensitive  products;  (ii) emphasis on cemetery and mortuary business;
and (iii)  capitalizing  on lower interest rates by originating  and refinancing
mortgage loans.

During the nine months ended  September  30, 2002,  Security  National  Mortgage
Company  ("SNMC")  experienced  increases  in revenue  and  expenses  due to the
increase  in  loan  volume  of  its  operations.   SNMC  is  a  mortgage  lender
incorporated under the laws of the State of Utah. SNMC is approved and regulated
by the Federal Housing Administration (FHA), a department of the U.S. Department
of Housing and Urban Development (HUD), to originate mortgage loans that qualify
for government  insurance in the event of default by the borrower.  SNMC obtains
loans  primarily from  independent  brokers and  correspondents.  SNMC funds the
loans from internal cash flows and lines of credit from financial  institutions.
SNMC receives fees from origination points paid by the borrowers and service and
release premiums received from third party investors who purchase the loans from
SNMC.  SNMC sells all of its loans to third party  investors and does not retain
servicing to these loans. SNMC pays the brokers and  correspondents a commission
for loans  that are  brokered  through  SNMC.  SNMC  originated  and sold  7,403
($1,075,229,000) and 5,812 ($836,124,000) loans respectively for the nine months
ended September 30, 2002 and 2001.

Results of Operations

Nine Months Ended September 30, 2002 Compared to Nine Months Ended September 30,
2001

Total revenues  increased by $8,794,000,  or 16.2%,  to $63,225,000 for the nine
months ended  September  30, 2002,  from  $54,431,000  for the nine months ended
September  30,  2001.  Contributing  to this  increase in total  revenues was an
$8,065,000  increase in mortgage fee income, a $589,000 increase in net mortuary
and  cemetery  sales,  a  $301,000  increase  in  insurance  premiums  and other
considerations,  and a $626,000  increase in realized gains on  investments  and
other assets.

Insurance premiums and other considerations  increased by $301,000,  or 3.0%, to
$10,320,000 for the nine months ended  September 30, 2002, from  $10,019,000 for
the  comparable  period in 2001.  This  increase  was  primarily  the  result of
additional written insurance premiums.

Net investment  income  decreased by $1,096,000 or 11.4%,  to $8,504,000 for the
nine months ended September 30, 2002, from $9,600,000 for the comparable  period
in  2001.   This  decrease  was  primarily   attributable  to  lower  yields  on
investments.

Net mortuary and cemetery  sales  increased by $589,000,  or 7.5%, to $8,411,000
for the nine months ended September 30, 2002, from $7,822,000 for the comparable
period in 2001. This increase was primarily due to additional  at-need  cemetery
and mortuary sales.

Realized  gains on  investments  and other  assets  increased  by  $626,000,  to
$746,000 for the nine months ended  September  30, 2002,  from  $120,000 for the
comparable  period  in  2001.  This  increase  was  the  result  of the  sale of
approximately 3.5 acres at Lakehills Cemetery in Sandy, Utah to the Utah Transit
Authority.

Mortgage fee income  increased by $8,065,000,  or 30.1%,  to $34,829,000 for the
nine months ended September 30, 2002, from $26,764,000 for the comparable period
in 2001.  This increase was primarily  attributable  to a greater number of loan
originations  during  the nine  months of 2002 due to the  opening of new branch
offices in Mesa, Arizona and Houston, Texas.

                                       10

<PAGE>





Total benefits and expenses were  $59,874,000,  or 94.7%,  of total revenues for
the nine months ended September 30, 2002, as compared to $52,326,000,  or 96.1%,
of total revenues for the comparable period in 2001.

Death  benefits,  surrenders  and other  policy  benefits and increase in future
policy benefits increased by an aggregate of $90,000, or 1.0%, to $9,370,000 for
the nine months ended  September 30, 2002,  from  $9,279,000  for the comparable
period in 2001.  This  increase was  primarily  the result of  additional  death
claims.

Amortization of deferred policy acquisition costs and cost of insurance acquired
decreased  by  $587,000,  or 20.1%,  to  $2,334,000  for the nine  months  ended
September 30, 2002,  from  $2,921,000  for the comparable  period in 2001.  This
decrease was primarily due to the  adjustment  of the  amortization  rate to the
Company's current actuarial assumptions.

General and  administrative  expenses  increased  by  $9,172,000,  or 25.5%,  to
$45,184,000 for the nine months ended  September 30, 2002, from  $36,012,000 for
the comparable period in 2001. This increase primarily resulted from an increase
in  commissions,  salaries and other  expenses due to  additional  mortgage loan
originations  having been made by the Company's  mortgage  subsidiary during the
nine months of 2002.

Interest expense  decreased by $1,161,000,  or 53.4%, to $1,014,000 for the nine
months ended September 30, 2002,  from  $2,175,000 for the comparable  period in
2001.  This  decrease  was  primarily  due to lower  interest  rates  and  fewer
borrowings  under the Company's  warehouse lines of credit required for mortgage
loan originations by the Company's mortgage subsidiary.

Cost of goods and services sold of the mortuaries  and  cemeteries  increased by
$34,000,  or 1.7%, to $1,972,000  for the nine months ended  September 30, 2002,
from  $1,938,000  for the comparable  period in 2001.  This increase was in line
with the increase in at- need mortuary and cemetery sales.

Third Quarter of 2002 Compared to Third Quarter of 2001

Total  revenues  increased by $6,943,000,  to  $25,674,000  for the three months
ended September 30, 2002, from  $18,731,000 for the three months ended September
30,  2001.  Contributing  to this  increase in total  revenues  was a $6,415,000
increase  in mortgage  fee  income,  a $358,000  increase  in net  mortuary  and
cemetery  sales  and  a  $192,000  increase  in  insurance  premiums  and  other
considerations.

Insurance premiums and other considerations  increased by $192,000,  or 5.6%, to
$3,628,000 for the three months ended  September 30, 2002,  from  $3,436,000 for
the comparable period in 2001. This increase was primarily due to the adjustment
of the amortization  rate of unearned  premium reserve to the Company's  current
actuarial assumptions.

Net investment income increased by $13,000,  or .4%, to $3,053,000 for the three
months ended September 30, 2002,  from  $3,040,000 for the comparable  period in
2001. This increase was primarily attributable to better yields on investments.

Net mortuary and cemetery sales  increased by $358,000,  or 14.2%, to $2,872,000
for  the  three  months  ended  September  30,  2002,  from  $2,514,000  for the
comparable period in 2001. This increase is primarily due to additional  at-need
mortuary and cemetery sales.

Mortgage fee income  increased by $6,415,000,  or 67.0%,  to $15,989,000 for the
three months ended September 30, 2002, from $9,574,000 for the comparable period
in 2001.  This increase was primarily  attributable  to a greater number of loan
originations  during the third quarter of 2002, due to the opening of new branch
offices in Mesa, Arizona and Houston, Texas.

Total benefits and expenses were  $24,486,000,  or 95.4%,  of total revenues for
the three months ended September 30 2002, as compared to $17,920,000,  or 95.7%,
of total revenues for the comparable period in 2001.

                                       11

<PAGE>





Death  benefits,  surrenders and other policy  benefits,  and increase in future
policy  benefits  increased by an aggregate of $159,000,  or 5.1%, to $3,267,000
for  the  three  months  ended  September  30,  2002,  from  $3,108,000  for the
comparable  period in 2001. This increase was primarily the result of additional
death claims.

Amortization of deferred policy acquisition costs and cost of insurance acquired
decreased  by  $406,000  or  41.8%,  to  $566,000,  for the three  months  ended
September  30, 2002,  from  $972,000  for the  comparable  period in 2001.  This
decrease was in line with actuarial assumptions.

General and  administrative  expenses  increased  by  $6,747,000,  or 53.0%,  to
$19,473,000 for the three months ended September 30, 2002, from  $12,726,000 for
the comparable period in 2001. This increase primarily resulted from an increase
in commissions and other expenses due to additional  mortgage loan  originations
having been made by the Company's  mortgage  subsidiary during the third quarter
of 2002.

Interest  expense  decreased  by $65,000,  or 11.8%,  to $491,000  for the three
months ended  September  30, 2002,  from $557,000 for the  comparable  period in
2001.  This  decrease  was  primarily  due to lower  interest  rates  and  fewer
borrowings  under the Company's  warehouse lines of credit required for mortgage
loan originations by the Company's mortgage subsidiary.

Cost of mortuaries and cemeteries  goods and services sold increased by $132,000
or 23.8%,  to $689,000  for the three  months ended  September  30,  2002,  from
$557,000 for the comparable  period in 2001.  This increase was in line with the
increase of at-need mortuary and cemetery sales.

Liquidity and Capital Resources

The Company's life insurance subsidiaries and cemetery and mortuary subsidiaries
realize  cash flow  from  premiums,  contract  payments  and  sales on  personal
services  rendered  for  cemetery  and  mortuary  business,  from  interest  and
dividends  on  invested  assets,  and from the  proceeds  from the  maturity  of
held-to-maturity  investments,  or  sale  of  other  investments.  The  mortgage
subsidiary realizes cash flow from fees generated by originating and refinancing
mortgage loans and interest  earned on mortgages sold to investors.  The Company
considers these sources of cash flow to be adequate to fund future  policyholder
and  cemetery and mortuary  liabilities,  which  generally  are  long-term,  and
adequate to pay current policyholder claims,  annuity payments,  expenses on the
issuance of new policies,  the maintenance of existing  policies,  debt service,
and operating expenses.

The  Company  attempts  to  match  the  duration  of  invested  assets  with its
policyholder  and  cemetery  and  mortuary  liabilities.  The  Company  may sell
investments other than those  held-to-maturity  in the portfolio to help in this
timing;  however,  to date, that has not been necessary.  The Company  purchases
short-term  investments  on a  temporary  basis  to  meet  the  expectations  of
short-term  requirements  of the Company's  products.  The Company's  investment
philosophy is intended to provide a rate of return which will persist during the
expected  duration  of  policyholder  and  cemetery  and  mortuary   liabilities
regardless of future interest rate movements.

The Company's  investment  policy is to invest  predominantly  in fixed maturity
securities,  mortgage loans, and warehouse  mortgage loans on a short-term basis
before selling the loans to investors in accordance  with the  requirements  and
laws  governing  the  life  insurance  subsidiaries.  Bonds  owned  by the  life
insurance  subsidiaries  amounted  to  $43,407,000  as of  September  30,  2002,
compared to $49,271,000 as of December 31, 2001.

                                       12

<PAGE>





This  represents  51% and 55% of the total  insurance-related  investments as of
September 30, 2002, and December 31, 2001,  respectively.  Generally,  all bonds
owned by the life insurance  subsidiaries are rated by the National  Association
of Insurance  Commissioners.  Under this rating system, there are six categories
used for rating  bonds.  At September 30, 2002 and December 31, 2001, 6% and 5%,
respectively,  or ($2,438,000)  of the Company's total  investment in bonds were
invested in bonds in rating  categories  three through six, which are considered
non-investment grade.

The Company has  classified  certain of its fixed income  securities,  including
high-yield  securities,  in its  portfolio  as  available  for  sale,  with  the
remainder  classified as held to maturity.  However,  in accordance with Company
policy,  any such securities  purchased in the future will be classified as held
to maturity.  Business conditions,  however, may develop in the future which may
indicate a need for a higher level of liquidity in the investment portfolio.  In
that event the  Company  believes  it could  sell  short-term  investment  grade
securities before liquidating higher-yielding longer term securities.

The Company is subject to risk based capital guidelines established by statutory
regulators  requiring  minimum  capital  levels based on the  perceived  risk of
assets, liabilities, disintermediation, and business risk. At September 30, 2002
and December 31, 2001,  the life  insurance  subsidiary  exceeded the regulatory
criteria.

The Company's total  capitalization  of  stockholders'  equity and bank debt and
notes  payable  was  $42,990,000  as of  September  30,  2002,  as  compared  to
$42,067,000  as of  December  31,  2001.  Stockholders'  equity as a percent  of
capitalization  increased  to 75%  as of  September  30,  2002,  from  71% as of
December 31, 2001.

Lapse  rates  measure the amount of  insurance  terminated  during a  particular
period.  The  Company's  lapse  rate for  life  insurance  in 2001 was  13.2% as
compared to a rate of 15.0% for 2000. The 2002 lapse rate is  approximately  the
same as 2001.

At September 30, 2002, $23,166,000 of the Company's  consolidated  stockholders'
equity  represents  the statutory  stockholders'  equity of the  Company's  life
insurance subsidiaries. The life insurance subsidiaries cannot pay a dividend to
its parent company without the approval of insurance regulatory authorities.

Item 3.  Quantitative and Qualitative Disclosure of Market Risk

There have been no  significant  changes since the annual report Form 10-K filed
for the year ended December 31, 2001.

Item 4.  Controls and Procedures

The  Company's  Chief  Executive  Officer and its Chief  Financial  Officer (the
"Certifying  Officers"),   are  responsible  for  establishing  and  maintaining
disclosure controls and procedures for the Company. The Certifying Officers have
concluded  (based on their  evaluation of these  controls and procedures as of a
date within 90 days of the filing of this report) that the design and  operation
of the  Company's  disclosure  controls  and  procedures  (as  defined  in  Rule
13a-14(c)  under  the  Securities  Exchange  Act  of  1934)  are  effective.  No
significant  changes were made in the  Company's  internal  controls or in other
factors that could significantly affect those controls subsequent to the date of
the  evaluation,  including any  corrective  actions with regard to  significant
deficiencies and material weaknesses.

                                       13

<PAGE>



                           Part II Other Information:

Item 1.        Legal Proceedings

               An action was brought  against  Southern  Security Life Insurance
               Company  in July 1999 by Dorothy  Ruth  Campbell  in the  Circuit
               Court of Escambia  County,  Alabama.  The action  arises out of a
               denial of coverage under a $10,000 insurance  policy.  The claims
               are  for   breach  of   contract,   bad   faith  and   fraudulent
               misrepresentation. In the action, Campbell seeks compensatory and
               punitive  damages  plus  interest.  The  Company  has  filed  its
               response to the complaint and certain  discovery has taken place.
               A motion for summary  judgment filed on behalf of the Company was
               denied.  A trial date has yet to be set as the Company  continues
               to vigorously defend the matter.

               An action was brought  against the Company in May 2001, by Glenna
               Brown Thomas  individually and as personal  representative of the
               Estate of Lynn W. Brown in the Third  Judicial  Court,  Salt Lake
               County,  Utah. The action asserts that Memorial Estates delivered
               to Lynn W. Brown six stock certificates representing 2,000 shares
               in 1970 and 1971.  Mr. Brown died in 1972. It is asserted that at
               the time the 2,000  shares  were  issued  and  outstanding,  such
               represented a 2% ownership of Memorial Estates. It is alleged Mr.
               Brown  was  entitled  to  preemptive  rights  and that  after the
               issuance of the stock to Mr. Brown there were  further  issuances
               of stock  without  providing  written  notice to Mr. Brown or his
               estate with respect to an opportunity to purchase more stock.  It
               is asserted  among other things that the plaintiff "has the right
               to a transfer of Brown's shares to Thomas on  defendants'  (which
               includes  Security  National  Financial  Corporation  as  well as
               Memorial  Estates,  Inc.)  books and to  restoration  of  Brown's
               proportion  of share  ownership  in  Memorial  at the time of his
               death by issuance and delivery to Thomas of sufficient  shares of
               defendant's  publicly traded and  unrestricted  stock in exchange
               for the  2,000  shares  of  Memorial  stock  and  payment  of all
               dividends  from the  date of  Thomas's  demand,  as  required  by
               Article XV of the  Articles of  Incorporation."  Based on present
               information, the Company intends to vigorously defend the matter,
               including an assertion that the statute of  limitations  bars the
               claims.

               An action was brought  against  Southern  Security Life Insurance
               Company by National  Group  Underwriters,  Inc.  ("NGU") in state
               court in the State of Texas.  The case was removed by the Company
               to the United States District Court for the Northern  District of
               Texas,  Fort Worth  Division,  with Civil No.  4:01-CV-403-E.  An
               Amended  Complaint  was  filed on or about  July  18,  2001.  The
               Amended  Complaint  asserts  that  NGU had a  contract  with  the
               Company  wherein  NGU  would  submit   applications  for  certain
               policies of insurance to be issued by the Company.  It is alleged
               that disputes have arisen between NGU and the Company with regard
               to the calculation and payment of certain advanced commissions as
               well as certain production bonuses.

               NGU  alleged  that it "has  been  damaged  far in  excess  of the
               $75,000  minimum  jurisdictional  limits of this Court." NGU also
               seeks  attorney's  fees  and  costs  as well as  prejudgment  and
               postjudgment  interest.  A second  amended  complaint and a third
               amended  complaint,  which included a fraud claim,  were filed. A
               motion  was filed by the  Company to  dismiss  the third  amended
               complaint,  including  the  fraud  claim.  The court  denied  the
               motion. The Company has counterclaimed for what it claims to be a
               debit  balance owing to it pursuant to the  relationship  between
               the parties with the  counterclaim  seeking a substantial  amount
               from NGU (the amount potentially subject to reduction as premiums
               are received).  The Company is also seeking to recover attorney's
               fees and costs,  as well punitive  damages on three of its causes
               of action.  The change of venue motion of the Company was denied.
               Certain discovery has taken place. By stipulation of the parties,
               the case was dismissed without prejudice.  The matter was refiled
               in Texas state court, Tarrant County, Case No. 348 195490 02. The
               claims of the respective  parties are essentially the same as set
               forth  above.   Further   discovery   involving  the  parties  is
               anticipated.  The Company intends to vigorously defend the matter
               as well as prosecute its counterclaim.

                                       14

<PAGE>



               An  action  was  brought  by  Bernice  Johnson  against  Southern
               Security Life Insurance Company in May, 2002 in the Circuit Court
               of Jefferson  County,  Alabama,  Civil Action No. CV02 2963.  The
               face amount of coverage under the policy is $15,000.  The insured
               died in July 2001. Claims are made for non- payment of the policy
               amount. The claims for relief include  misrepresentation,  mental
               anguish and emotional distress,  fraud, intentional and bad faith
               non-payment of the benefit,  intentional and bad faith failure to
               investigate  the claim for  benefits,  reckless and negligent and
               wanton action relative to misrepresentation and/or concealment of
               facts, negligence and the wanton hiring, training and supervision
               of agent. Compensatory and punitive damages are sought along with
               interest  and costs.  An answer has been filed by the Company and
               discovery is in process.

               The Company is not a party to any other legal proceedings outside
               the  ordinary  course of the  Company's  business or to any other
               legal proceedings  which, if adversely  determined,  would have a
               material adverse effect on the Company or its business.

Item 2.        Changes in Securities

               NONE

Item 3.        Defaults Upon Senior Securities

               NONE

Item 4.        Submission of Matters to a Vote of Security Holders

               At the annual  stockholders  meeting held on July 23,  2002,  the
               following matters were acted upon: (i) seven directors consisting
               of George R.  Quist,  J. Lynn  Beckstead,  Jr.,  Scott M.  Quist,
               Charles L. Crittenden,  Dr. Robert G. Hunter,  H. Craig Moody and
               Norman G.  Wilbur  were  elected to serve  until the next  annual
               stockholders  meeting or until their  respective  successors  are
               elected and qualified  (for George R. Quist,  Class A and Class C
               shares,  7,841,263  votes were cast in favor of election,  25,184
               votes were cast against  election and there were no  abstentions;
               for J. Lynn Beckstead, Jr., Class A and Class C shares, 7,843,666
               votes  were cast in favor of  election,  22,781  votes  were cast
               against  election  and there  were no  abstentions;  for Scott M.
               Quist, Class A shares only, 2,519,924 votes were cast in favor of
               election,  24,859 votes were cast against election and there were
               no abstentions;  for Charles L.  Crittenden,  Class A and Class C
               shares, 7,855,702 votes were cast in favor of election and 10,745
               votes were cast against  election and there were no  abstentions;
               for Dr. Robert G. Hunter,  Class A and Class C shares,  7,858,534
               votes were cast in favor of  election,  7,913 votes cast  against
               election and there were no abstentions; for H. Craig Moody, Class
               A shares  only,  2,535,888  votes were cast in favor of election,
               8,895 votes cast against  election and there were no abstentions;
               for Norman G. Wilbur, Class A and Class C shares, 7,858,590 votes
               were cast in favor of  election,  7,857  votes were cast  against
               election and there were no abstentions;  and (ii) the appointment
               of Tanner + Co., as the Company's independent accountants for the
               fiscal year ended December 31, 2002, was ratified (with 7,861,821
               votes cast for appointment,  4,488 votes against  appointment and
               5,208 abstentions).

Item 5.        Other Information

               NONE

Item 6.        Exhibits and Reports on Form 8-K

(a)(3)  Exhibits:
    3.A.     Articles of Restatement of Articles of Incorporation (8)
      B.     Bylaws (1)

    4.A.     Specimen Class A Stock Certificate (1)
      B.     Specimen Class C Stock Certificate (1)
      C.     Specimen Preferred Stock Certificate and Certificate of Designation
             of Preferred Stock (1)

                                       15

<PAGE>




10.      A.  Restated and Amended Employee Stock Ownership Plan and Trust
             Agreement (1)
         B.  Deferred Compensation Agreement with George R. Quist (2)
         C.  1993 Stock Option Plan (3)
         D.  2000 Director Stock Option Plan (12)
         E.  Promissory Note with Key Bank of Utah (4)
         F.  Loan and Security Agreement with Key Bank of Utah (4)
         G.  General Pledge Agreement with Key Bank of Utah (4)
         H.  Note Secured by Purchase Price Deed of Trust and Assignment of
             Rents with the Carter Family Trust and the Leonard M. Smith Family
             Trust (5)
         I.  Deed of Trust and Assignment of Rents with the Carter Family Trust
             and the Leonard M. Smith Family Trust (5)
         J.  Promissory Note with Page and Patricia Greer (6)
         K.  Pledge Agreement with Page and Patricia Greer (6)
         L.  Promissory Note with Civil Service Employees Insurance Company (7)
         M.  Deferred Compensation Agreement with William C. Sargent (8)
         N.  Employment Agreement with Scott M. Quist. (8)
         O.  Acquisition Agreement with Consolidare Enterprises, Inc., and
             certain shareholders of Consolidare. (9)
         P.  Agreement and Plan of Merger between Consolidare Enterprises,
             Inc., and SSLIC Holding Company. (10)
         Q.  Administrative Services Agreement with Southern Security Life
             Insurance Company. (11)
         R.  Promissory Note with George R. Quist (13)
         S.  Deferred Compensation Plan (14)

            (1)    Incorporated by reference from Registration Statement on Form
                   S-1, as filed on June 29, 1987.
            (2)    Incorporated by reference from Annual Report on Form 10-K, as
                   filed on March 31, 1989.
            (3)    Incorporated by reference from Annual Report on Form 10-K, as
                   filed on March 31, 1994.
            (4)    Incorporated by reference from Report on Form 8-K, as filed
                   on February 24, 1995.
            (5)    Incorporated by reference from Annual Report on Form 10K, as
                   filed on March 31, 1995.
            (6)    Incorporated by reference from Report on Form 8-K, as filed
                   on May 1, 1995.
            (7)    Incorporated by reference from Report on Form 8-K, as filed
                   on January 16, 1996.
            (8)    Incorporated by reference from Annual Report on Form 10-K, as
                   filed on March 31, 1998.
            (9)    Incorporated by reference from Report on Form 8-K, as filed
                   on May 11, 1998.
           (10)    Incorporated by reference from Report on Form 8-K, as filed
                   on January 4, 1999.
           (11)    Incorporated by reference from Report on Form 8-K, as filed
                   on March 4, 1999.
           (12)    Incorporated by reference from Schedule 14A Definitive Proxy
                   Statement, filed August 29, 2000, relating to the Company's
                   Annual Meeting of Shareholders.
           (13)    Incorporated by reference from Report on Form 10-K, as filed
                   on April 16, 2001.
           (14)    Incorporated by reference from Report on Form 10-K, as filed
                   on April 3, 2002.

         99.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted
               pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

         99.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted
               pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

    21.  Subsidiaries of the Registrant

         (b)      Reports on Form 8-K:

            None


                                       16

<PAGE>




                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                   REGISTRANT
                     SECURITY NATIONAL FINANCIAL CORPORATION
                                   Registrant



DATED: November 14, 2002           By:      George R. Quist,
                                            ----------------
                                            Chairman of the Board and
                                            Chief Executive Officer
                                           (Principal Executive Officer)


DATED: November 14, 2002           By:      Stephen M. Sill
                                            ---------------
                                            Vice President
                                            Treasurer and Chief
                                            Financial Officer (Principal
                                            Financial and Accounting Officer)

                                 CERTIFICATIONS

     I, George R. Quist, certify that:

     1. I have reviewed this quarterly Report on Form 10-Q of Security  National
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  officers and I are responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

     (a)  Designed  such  disclosure  controls  and  procedures  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 quarterly report is being prepared;

     (b) Evaluated the effectiveness of the registrant's disclosure controls and
procedures  as of a date  within  90  days  prior  to the  filing  date  of this
quarterly report (the "Evaluation Date"); and

     (c)  Presented  in  this  quarterly   report  our  conclusions   about  the
effectiveness of the disclosure  controls and procedures based on our evaluation
as of the Evaluation Date;

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

     (a) All  significant  deficiencies  in the design or  operation of internal
controls  which  could  adversely  affect  the  registrant's  ability to record,
process,  summarize  and  report  financial  data  and have  identified  for the
registrant's auditors any material weaknesses in internal controls; and

     (b) Any fraud,  whether or not material,  that involves management or other
employees who have a significant role in the registrant's internal controls; and

                                       17

<PAGE>



     6. The registrant's other certifying  officers and I have indicated in this
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date:  November 14, 2002

                                         By:    George R. Quist
                                                Chairman of the Board,
                                                Chief Executive Officer

                                 CERTIFICATIONS

I, Stephen M. Sill, certify that:

     1. I have reviewed this quarterly Report on Form 10-Q of Security  National
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  officers and I are responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

     (a)  Designed  such  disclosure  controls  and  procedures  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 quarterly report is being prepared;

     (b) Evaluated the effectiveness of the registrant's disclosure controls and
procedures  as of a date  within  90  days  prior  to the  filing  date  of this
quarterly report (the "Evaluation Date"); and

     (c)  Presented  in  this  quarterly   report  our  conclusions   about  the
effectiveness of the disclosure  controls and procedures based on our evaluation
as of the Evaluation Date;

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

     (a) All  significant  deficiencies  in the design or  operation of internal
controls  which  could  adversely  affect  the  registrant's  ability to record,
process,  summarize  and  report  financial  data  and have  identified  for the
registrant's auditors any material weaknesses in internal controls; and

     (b) Any fraud,  whether or not material,  that involves management or other
employees who have a significant role in the registrant's internal controls; and

     6. The registrant's other certifying  officers and I have indicated in this
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date:  November 14, 2002

                                    By:   Stephen M. Sill
                                          Vice President, Treasurer and
                                          Chief Financial Officer

                                       18

<PAGE>


                                  EXHIBIT 99.1
                            CERTIFICATION PURSUANT TO
                               18 U.S.C. ss. 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with  the  Quarterly  Report  of  Security  National   Financial
Corporation  (the  "Company")  on Form 10Q for the period  ending  September 30,
2002, as filed with the  Securities  and Exchange  Commission on the date hereof
(the  "Report"),  I, George R. Quist,  Chief  Executive  Officer of the Company,
certify,  pursuant to 18 U.S.C.  ss. 1350, as adopted pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:

     (1)  the Report fully  complies with the  requirements  of Section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  the  information  contained  in the  Report  fairly  presents,  in all
          material respects, the financial condition and result of operations of
          the Company.

George R. Quist
Chief Executive Officer
November 14, 2002

                                  EXHIBIT 99.2
                            CERTIFICATION PURSUANT TO
                               18 U.S.C. ss. 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with  the  Quarterly  Report  of  Security  National   Financial
Corporation  (the  "Company")  on Form 10Q for the period  ending  September 30,
2002, as filed with the  Securities  and Exchange  Commission on the date hereof
(the  "Report"),  I, Stephen M. Sill,  Chief  Financial  Officer of the Company,
certify,  pursuant to 18 U.S.C.  ss. 1350, as adopted pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:

          (1)  the Report fully complies with the  requirements of Section 13(a)
               or 15(d) of the Securities Exchange Act of 1934; and

          (2)  the information  contained in the Report fairly presents,  in all
               material  respects,   the  financial   condition  and  result  of
               operations of the Company.

Stephen M. Sill
Chief Financial Officer
November 14, 2002

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