UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8K-A
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 15, 1995
UNION BANKSHARES COMPANY
(Exact Name of Registrant as Specified In Its Charter)
MAINE
(Name or Other Jurisdiction of Incorporation)
2-90679 01-0395131
Commission File Number IRS Employer ID No.
66 Main Street, Ellsworth, Maine 04605
(Address of Principal Executive Offices)
(207) 667-2504
(Registrant's Telephone Number, Including Area Code)
No Change
(Former Name or Former Address, If Changed Since Last Report)<PAGE>
Item 4. Changes in Registrant's Certifying Accountants
Baker Newman & Noyes, Limited Liability Company was previously
the principal accountant for Union Bankshares Company. On June
15, 1995, the firm's appointment as principal accountant was
terminated and Berry, Dunn, McNeil and Parker was engaged as
principal accountants. The decision to change accountants was
approved by the Audit Committee and by the full Board of
Directors on June 14, 1995.
In connection with the audit of fiscal year ended December 31,
1994, and subsequent interim period through June 15, 1995,
there were no disagreements with Baker Newman & Noyes LLP on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures, which
disagreements if not resolved to their satisfaction would have
caused them to make reference in connection with their opinion
to the subject matter of the disagreement.
The audit reports of Baker Newman & Noyes LLP on the
consolidated financial statements of Union Bankshares Company
as of and for the year ended December 31, 1994 did not contain
any adverse opinion or disclaimer of opinion, nor were they
qualified or modified as to uncertainty, audit scope, or
accounting principles. A letter from Baker Newman & Noyes LLP
is attached as Exhibit A.
Prior to January 1, 1994, KPMG Peat Marwick LLP (the
predecessor firm of Baker Newman & Noyes) was the principal
accountants for Union Bankshares Company. The audit reports of
KPMG Peat Marwick LLP on the consolidated financial statements
of Union Bankshares Company as of and for the years ended
December 31, 1994 and 1993, did not contain any adverse opinion
or disclaimer of opinion, nor were they qualified or modified
as to uncertainty, audit scope, or accounting principles. <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.
UNION BANKSHARES COMPANY
Registrant
Date: June 25, 1995 By:_______________________
Robert S. Boit, President<PAGE>
EXHIBIT A
July 6, 1995
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We were previously principal accountants for Union Bankshares
Company and, under the date of January 20, 1995, we reported on
the consolidated financial statements of Union Bankshares
Company and subsidiary as of and for the year ended December
31, 1994. On June 15, 1995 our appointment as principal
accountants was terminated. We have read Union Bankshares
Company statements included under Item 4 of its Form 8-K dated
June 15, 1995, and we agree with such statements.
Very truly yours,
Baker Newman & Noyes
Limited Liability Company<PAGE>
