UACSC AUTO TRUSTS
8-K, 2000-06-06
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K



                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): June 5, 2000

                                UACSC AUTO TRUSTS

             (Exact name of registrant as specified in its charter)

                                    NEW YORK

                 (State or other jurisdiction of incorporation)

         333-77535                               35-1937340
   (Registration Number)                 (IRS Employer Identification No.)




  9240 Bonita Beach Road
  Suite 1109-A
  Bonita Springs, Florida                                       34135

(Address of principal executive offices)                      (Zip Code)



Registrant's telephone number, including area code:  (941) 948-1850


<PAGE>

Item 5.   Other Events.

         Computational Materials
         -----------------------

         On June 5, 2000,  Computational Materials were distributed to potential
         investors in connection with a proposed offering of asset-backed  notes
         under  Reg.  No.  333-77535.  Under the  proposed  trust and  servicing
         agreement and the proposed indenture (the "Proposed  Agreements"),  UAC
         Securitization  Corporation  ("UACSC") will act as the proposed  seller
         and  establish the UACSC 2000-B Owner Trust (the  "Proposed  Trust") by
         selling and  assigning  the proposed  trust  property to the trustee in
         exchange for the proceeds fo the notes, each of which is secured by the
         assets of the  Proposed  Trust.  Pursuant to the  Proposed  Agreements,
         Union Acceptance  Corporation will act as servicer.  Such Computational
         Materials  are filed with this Current  Report on Form 8-K on the basis
         of the  position of the  Division of  Corporation  Finance set forth in
         Kidder,  Peabody  Acceptance  Corporation  I (available  May 20, 1994),
         Public  Securities   Association   (available  May  27,  1994),  Public
         Securities  Association  (available  February 17, 1995) and  subsequent
         related no-action letters.


Item 7.   Financial Statements and Exhibits.

          Exhibit
          Number      Description
          ------      -----------

            99        Computational Materials


                                      -2-

<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  hereunto duly  authorized in the City of Bonita  Springs,  State of
Florida, on June 5, 2000.


                                    UAC SECURITIZATION CORPORATION
                                    as Seller  (Registrant)



                                    /s/ Leeanne W. Graziani
                                    ----------------------------------------
                                    Leeanne W. Graziani
                                    President, Treasurer and
                                    Assistant Secretary




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