SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K/A
(Amendment No. 1)
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported): September 27, 1999
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UNION BANKSHARES CORPORATION
(Exact name of registrant as specified in its charter)
Virginia 0-20293 54-1598552
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
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212 North Main Street
P.O. Box 446
Bowling Green, Virginia 22427
(Address of principal executive offices, including zip code)
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Registrant's telephone number, including area code: (804) 633-5031
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On October 4, 1999, the Registrant filed a Current Report on Form 8-K
dated September 27, 1999, to report a change in its certifying accountant from
KPMG LLP to Yount Hyde & Barbour, P.C. The Registrant provided KPMG LLP with
that Form 8-K and requested that KPMG LLP furnish a letter addressed to the
Securities and Exchange Commission stating whether it agrees with the statements
made in the Form 8-K. The letter from KPMG LLP responding to the request is
included as Exhibit 16.1 to this Form 8-K/A.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 16.1 - Letter from KPMG LLP.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
UNION BANKSHARES CORPORATION
By: /s/ D. Anthony Peay
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D. Anthony Peay
Vice President and Chief Financial
Officer
October 14, 1999
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EXHIBIT 16.1
October 11, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Union Bankshares Corporation and,
under the date of February 9, 1999, except as to Note 14, which was as of
February 11, 1999, we reported on the consolidated financial statements of Union
Bankshares Corporation and subsidiaries as of and for the years ended December
31, 1998 and 1997. On October 1, 1999, our appointment as principal accountants
was terminated. We have read Union Bankshares Corporation's statements included
under Item 4 of its Form 8-K dated October 4, 1999, and we agree with such
statements, except that we are not in a position to agree or disagree with Union
Bankshares Corporation's statement that Yount, Hyde & Barbour, P.C. was selected
by the audit committee or that the change was approved by the board of
directors.
Very truly yours,
/s/ KPMG LLP