United States

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): November 18, 2009

 

 

UNION BANKSHARES CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Virginia    0-20293    54-1598552

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

211 North Main Street

P.O. Box 446

Bowling Green, Virginia 22427

(Address of principal executive offices, including Zip Code)

 

 

Registrant’s telephone number, including area code:(804) 633-5031

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

 

¨ Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17 CFR 240.13c-4(c))

 

 

 


Item 8.01 Other Events

On November 18, 2009, Union Bankshares Corporation announced the redemption of the Preferred Stock issued to the United States Department of the Treasury by repaying the $59 million it received in December 2008 under the Capital Purchase Program.

A copy of the press release is attached as Exhibit 99.1 hereto and is hereby incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits.

 

  99.1 Union Bankshares Corporation press release dated November 18, 2009.


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 thereunto duly authorized.

 

    UNION BANKSHARES CORPORATION
Date: November 20, 2009     By:   /S/    D. ANTHONY PEAY        
       

D. Anthony Peay

Executive Vice President and

Chief Financial Officer