FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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Filed By Romeo & Dye's Instant Form 4 Filer
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1. Name and Address of Reporting Person* Bowdoin John C.	2. Issuer Name and Ticker or Trading Symbol CCF Holding Company "CCFH"		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP/ County President
1. Name and Address of Reporting Person* Bowdoin John C.(1)	2. Issuer Name and Ticker or Trading Symbol CCF Holding Company "CCFH"		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP/ County President
(Last) (First) (Middle) 105 Runnymede Road	3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)	4. Statement for Month/Day/Year 12/0631/02
(Street) Griffin, GA 30224		5. If Amendment, Date of Original (Month/Day/Year)	7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/Day/ Year)	3. Trans- action Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 & 5)			5. Amount of Securities Beneficially Owned Follow- ing Reported Transactions(s) (Instr. 3 & 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								~~3274~~4911	D	~~(1)~~
Common Stock								~~1300~~1950	I	MSBP Trust(2)
Common Stock								~~1,865~~2797	I	ESOP
Common Stock	~~12/06/02~~		P		~~358~~	A	~~23.37~~	~~654~~981	I	IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conver- sion or Exercise Price of Derivative Security

3. Trans- action Date (Month/ Day/ Year)

3A. Deemed Execution Date, if any (Month/ Day/ Year)

4. Trans- action Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 & 5)

6. Date Exercisable and Expiration Date (Month/Day/ Year)

7. Title and Amount of Underlying Securities (Instr. 3 & 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exer-cisable

Expira- tion Date

Title

Amount or Number of Shares

Right to buy options

1711.5369

7/8/00(3)

7/8/09

Common stock

~~5,000~~7500

Right to buy options

106.0067

7/1/01

12/31/10

Common stock

~~400~~600

Right to buy options

2114.7449

7/1/02

12/31/11

Common stock

~~400~~600

Right to buy options

17.10

12/31/02

675

7/1/03

12/31/12

Common stock

675

Explanation of Responses: (1) ~~Reported~~All tonumbers ~~show~~adjusted ~~transfer~~to ofreflect ~~300~~3 ~~shares~~for ~~from~~2 ~~MSBP~~split ~~Trust~~on 12-04-02(~~indirect) to direct ownership(~~2) ~~400~~600 Shares vesting 50% per year beginning 7/8/03 through 7/8/04 and ~~1200~~1350 shares vesting 2533% per year beginning 11/15/0203 through 11/15/05(3) Vesting 20% per year beginning 7/8/00 through 7/8/04

By: /s/ John C. Bowdoin David B. Turner **Signature of Reporting Person 121/0903/0203 Date

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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Filing Compare · BOWDOIN JOHN C