UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8K
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
June 16, 1995
Robert S. Boit, President
Union Bankshares Company
P.O. Box 479
Ellsworth, Me 04605
Dear Mr. Boit:
This is to confirm that the client-auditor relationship between
Union Bankshares Company and Baker Newman & Noyes has ceased.
Very truly yours,
Baker Newman & Noyes
cc: Chief Accountant
Securities and Exchange Commission<PAGE>