SECTION 302 CERTIFICATION

I, Mark A. Volponi, Chief Financial Officer ofSlippery Rock Financial Corporation (the “Company”), certify that:

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

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|   | 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 whichsuch statements were made, not misleading with respect to the period covered by this quarterly report; |

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|   | 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 cashflows of the registrant as of, and for, the periods presented in this quarterly report; |

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|   | 4. | The Company’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) and 15d-15(e)) for the Company andhave: |

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|   |      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 Company,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; |

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|   |      b. |   | evaluated the effectiveness of the Company’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 ofthe period covered by this report based on such evaluation; and |

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|   |      c. |   | Disclosed in this report any change in the Company’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarterin 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 |

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|   | 5. | The Company’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company’s auditors and the audit committee of theCompany’s board of directors: |

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|   |      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 Company’s ability to record,process, summarize and report financial information; and |

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|   |      b. |   | any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s internal control over financial reporting. |

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| Date:  August 13, 2003                     | /s/  MARK A. VOLPONI |
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|                                                                                                                                                     | Chief Financial Officer   |

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