SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K/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) - February 5, 1998
UNION NATIONAL FINANCIAL CORPORATION
----------------------------------------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-19214 23-2415179
- --------------------------- ------------- -----------
State or other jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification
Number)
101 East Main Street, P.O. Box 567
Mount Joy, Pennsylvania 17552-0567
- --------------------------------------- --------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (717) 653-1441
--------------
N/A
- -----------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 1. Changes in Control of Registrant
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
On February 5, 1998, the Registrant issued a press release,
attached at Item 7 as Exhibit 99, announcing a stock repurchase
program and the change of the name of its wholly-owned
subsidiary to Union National Community Bank.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
Exhibits:
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits:
99 Press release of Registrant, dated February 5,1998,
announcing a stock repurchase program and wholly-owned
subisidary name change.
Item 8. Change in Fiscal Year.
Not Applicable.
<PAGE>
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 NATIONAL FINANCIAL CORPORATION
(Registrant)
Dated: February 13, 1998 /s/ William E. Eby
----------------------------------
William E. Eby, President &
Chief Executive Officer
(Principal Executive Officer)
:80877
EXHIBIT 99
PRESS RELEASE
UNION NATIONAL FINANCIAL CORPORATION
COMMON STOCK REPURCHASE PROGRAM INITIATED
<PAGE>
Press Release
Union National Financial Corporation
Common Stock Repurchase Program Initiated
Mount Joy, Pennsylvania
February 5, 1998
Contact Person: William E. Eby, President and CEO
The Board of Directors of Union National Financial
Corporation ("Union National") is pleased to announce the
approval of a plan to purchase, in open market and privately
negotiated transactions, up to 100,000 shares of its outstanding
common stock. In announcing the plan, William E. Eby, President
and CEO of Union National stated that the Board of Directors
believes the opportunity to purchase Union National's common
stock represents an attractive opportunity for the Corporation
and its shareholders. The purchases are expected to be funded
by using available excess capital.
Union National Financial Corporation is the parent company
of Union National Community Bank.
The Union National Mount Joy Bank has announced effective
February 6, 1998, the Bank has changed its corporate title to
"UNION NATIONAL COMMUNITY BANK". The name change emphasizes the
Bank's commitment to serving its communities as an independent
community bank. Union National, with assets of $233,000,000, has
six office locations in Lancaster County. They include Mount
Joy, Maytown, Hempfield, Elizabethtown, Columbia and Manheim.
:81029
