Exhibit 31.1



Certification of Chief Executive Officer Pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002

I, Barry M. Donohue, President and Chief Executive Officer, certify that:

1.       I have reviewed this quarterly report on Form 10-QSB of Atlantic
         Liberty Financial Corp.;

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 small business issuer as of, and for, the periods
         presented in this quarterly report;

4.       The small business issuer's other certifying officers and I am
         responsible for establishing and maintaining disclosure controls and
         procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
         small business issuer and have:

         a) designed such disclosure controls and procedures, to ensure that
         material information relating to the small business issuer, 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 small business issuer's
         disclosure controls and procedures as of a date within 90 days prior to
         the filing date of this quarterly report ("Evaluation Data"); and

         c) described in this quarterly report our conclusions about the
         effectiveness of the disclosure controls and procedures based on our
         evaluation as of the evaluation date; and

5.       The small business issuer's other certifying officers and I have
         disclosed, based on our most recent evaluation, to the small business
         issuer's auditors and the audit committee of the small business
         issuer'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 small business issuer's
         ability to record, process, summarize and report financial data and
         have identified for the small business issuer's auditors any material
         weaknesses in internal controls; 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 small business
         issuer's internal control.



Date: February 6, 2004                   /s/ Barry M. Donohue
- ----------------------                   ------------------------------------
                                         Barry M. Donohue, President and
                                         Chief Executive Officer

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