8-K

United States Securities and Exchange CommissionWashington, D.C. 20549FORM 8-KCURRENT REPORTPursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: June 2, 2009FOUR OAKS FINCORP, INC.(Name of Small Business Issuer in its Charter)

NORTH CAROLINA	000-22787	56-2028446
(State or other Jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

6114 US 301 South, Four Oaks, North Carolina 27524
(address of Principal Executive Office)

(919) 963-2177
(Issuer’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

This document contains 2 pages, excluding exhibits

ITEM 8.01.     OTHER EVENTS

On June 2, 2009, Four Oaks Fincorp, Inc. (OTC BB: FOFN) (the “Corporation”) issued a press release to file the announcement of  Four Oaks Bank & Trust Company being ranked as a Top 200 Community Bank in U.S.

ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibit 99.1 Four Oaks Bank & Trust Company announces ranking in Top 200 Community Banks in U.S. 

SIGNATURES

According 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.

		Four Oaks Fincorp, Inc.
Date:	June 2, 2009	/s/ Ayden R. Lee, Jr.
		By:	Ayden R. Lee, Jr.
		Its:	Chairman, President & CEO

EX-99.1

Exhibit 99.1

Four Oaks Bank Ranks In The Top 200 Community Banks By US Banker Magazine

FOUR OAKS, N.C.--(BUSINESS WIRE)--June 2, 2009--Four Oaks Fincorp, Inc. (OTCBB:FOFN), the holding company for Four Oaks Bank & Trust Company, today announces that US Banker magazine has ranked it among the top 200 community banks in the United States based on its 3-year average Return On Equity (ROE). The magazine's article entitled "Slow and Steady Wins the Race" in its June 2009 issue revealed the results of its research and ranking in a list of the top 200 community banks. Ranked #189, Four Oaks Fincorp, Inc., headquartered in Four Oaks, NC, was one of only seven North Carolina community banks to make the list.

"We are very excited to receive national recognition of our bank and its operations," says Ayden R. Lee, Jr. Chairman, CEO and President of Four Oaks Bank, "especially during a global recession while experiencing depressed earnings and stock prices. We are well-capitalized as determined by bank regulations. We are very proud of our team of banking professionals and directors who work diligently to make our bank a great value for our investors and a valued resource for our customers."

Four Oaks Bank was established in 1912 and currently has 17 locations in Johnston, Wake, Harnett, Lee, Moore, Richmond, Duplin and Sampson counties.

CONTACT:
Four Oaks Fincorp, Inc.
Ayden R. Lee, Jr., Chairman, President, and Chief Executive Officer, or
Nancy S. Wise, Executive Vice President and Chief Financial Officer
919-963-2177