8-K

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): January 7, 2011

UNIVEST CORPORATION OF PENNSYLVANIA
(Exact name of registrant as specified in its charter)

Pennsylvania	0-7617	23-1886144
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

14 North Main Street, Souderton, Pennsylvania	18964
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (215) 721-2400

Not applicable

(Former name or former address if changed since last report.)

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:

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

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

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

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

The information in this Current Report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subjected to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 8.01 Other Events

On January 7, 2011, Univest Corporation of Pennsylvania (the “Corporation”), parent company of Univest National Bank and Trust Co (the “Bank”) issued a press release announcing the following executive promotions.

Jeffrey M. Schweitzer, CPA, was promoted to senior executive vice president of the Corporation and the Bank and Kenneth D. Hochstetler was promoted to senior executive vice president of the Bank. Schweitzer will remain Chief Financial Officer of both the Corporation and the Bank. Hochstetler will remain president of Univest Insurance, Inc. and Univest Investments, Inc.; and senior executive vice president of the Corporation. For additional information, reference is made to the Corporation’s press release dated January 7, 2011 which is included as Exhibit 99.1 and is incorporated herein by reference thereto.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

Exhibit No.	Description of Document
99.1	Press release issued by Univest Corporation of Pennsylvania on January 7, 2011

SIGNATURE

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.

Univest Corporation of Pennsylvania

By: /s/ Jeffrey M. Schweitzer
Name: Jeffrey M. Schweitzer
Title: Senior Executive Vice President and
Chief Financial Officer (Principal
Financial & Accounting Officer)

Date: January 7, 2011

EXHIBIT INDEX

Exhibit No.	Description of Document
99.1	Press release issued by Univest Corporation of Pennsylvania on January 7, 2011.

EX-99.1

Exhibit 99.1

Contact: Kim Detwiler
Vice President, Corporate Communications
Univest Corporation
215-721-8396
detwilerk@univest.net

FOR IMMEDIATE RELEASE

Univest Corporation Announces Executive Promotions

SOUDERTON, Pa., — January 7, 2011 – The board of directors of Univest Corporation (NASDAQ: UVSP) today announced the promotions of Jeffrey M. Schweitzer, CPA to senior executive vice president of Univest Corporation and Univest National Bank and Trust Co., and Kenneth D. Hochstetler to senior executive vice president of Univest National Bank and Trust Co. Schweitzer will remain CFO of both the Corporation and the Bank. Hochstetler will remain president of Univest Insurance, Inc. and Univest Investments, Inc.; and senior executive vice president of Univest Corporation.

Schweitzer joined Univest in October 2007 as executive vice president and CFO for Univest Corporation and Univest National Bank. He has more than 15 years of experience in the financial services industry. In addition to managing financial risks, record-keeping initiatives developing and implementing strategic financial plans and overseeing various support functions, he will now oversee several lines of business in his new role. His areas of responsibility include: Univest Capital, Inc., mortgage banking, finance and accounting, information technology and operations, property management and treasury services.

Hochstetler has nearly 25 years of experience in the financial services industry with 19 of them at Univest. In his expanded role, he is responsible for overseeing consumer strategy and delivery, which includes Univest National Bank’s 32 financial service centers and online suite of solutions. In addition to this new responsibility, Hochstetler will continue to develop and implement strategic priorities to strengthen the integrated platform of services for the non-bank subsidiaries and lines of business including insurance, investments, wealth management and trust.

In addition to their responsibilities at Univest, both Schweitzer and Hochstetler share their expertise by volunteering for several nonprofit organizations and industry associations in the local community. Schweitzer is on the Board of Directors of the Montgomery County Lands Trust and also the North Penn and Indian Valley Boys and Girls Club.  Additionally he serves on the steering committee for PerkUp of the Upper Perkiomen Valley. Hochstetler serves as chairman of Univest Foundation and the Souderton Industrial Development Authority and on the Boards of Directors of Goshen College, Pennsylvania Bankers Association’s PBA Service Corporation and Microvest Capital Management as well as the Capital Campaign Committee for The PEAK Center of Lansdale.

“Jeff and Ken have played important roles in the success of Univest Corporation and our traditional and nontraditional subsidiaries during some of the toughest years in recent history for our industry,” said William S. Aichele, chairman, president and CEO of Univest Corporation. “I am confident in their leadership and ability to consistently manage the business with focus and discipline while keeping our mission, vision and core values as their guides, to grow at a steady and stable pace for the long term.”

About Univest Corporation
Headquartered in Souderton, Pa., Univest Corporation of Pennsylvania (www.univest.net) and its subsidiaries serve the financial needs of residents, businesses, and nonprofit organizations in Bucks, Chester, Montgomery and Lehigh counties.   For more information on Univest Corporation of Pennsylvania and its subsidiaries, please visit www.univest.net.

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This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Actual results and trends could differ materially from those set forth in such statements due to various factors.  Such factors include the possibility that increased demand or prices for the Company’s financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.